India's Dev Information Tech rises on unit's IPO filing

Dev Information Technology

03/09/2025 10:03

** Shares of Dev Information Technology DEVN.NS rise 3.2% to 45 rupees

** IT services provider's  unit Dev Accelerator files final red herring prospectus for Indian IPO

** Dev to issue up to 23.5 million equity shares of 2 rupee face value each

** More than 333,166 shares change hands, about 2x of 30-day avg

** Stock down 32% YTD

 (Reporting by Rudra Pratap Singh in Bengaluru)

 ((rudrapratap.singh@thomsonreuters.com))