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Devson Catalyst Ltd

Devson Catalyst Ltd

BSE SME · SME IPO
Listed BSE SME SME Live Chart
Issue Price
₹118
₹118
GMP (Grey Market)
+₹44
+37.29%
Est. Listing Price
₹162
Based on GMP
Min. Investment
₹141,600
1 lot × 1200 shares
Subscribed
1.22x
Over-subscribed
IPO Details
Open Date
09 Jul 2026
Close Date
13 Jul 2026
Allotment
14 Jul 2026
Listing Date
16 Jul 2026
Exchange
BSE SME
Price Band
₹118
Listing Price
See chart
Allotment Status
Price Band
₹118
Per share
Face Value
₹10 per share
 
Lot Size
1,200 Shares
per lot
Issue Size
35,88,000 shares (agg. up to ₹42 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹141,600
1 lot
Pre-IPO Holding
1,02,50,000 shares
Promoters
Post-IPO Holding
1,35,88,000 shares
Promoters
P/E (Pre)
9.66x
 
P/E (Post)
12.81x
 
EPS (Pre)
₹12.22
 
EPS (Post)
₹9.21
 
UPI Deadline
5:00 PM on 13 Jul 2026
Mandate
GMP
+₹44
+37.29% est.
Anchor AllotmentWed, 08 Jul 2026
Basis of AllotmentTue, 14 Jul 2026
Refund InitiationWed, 15 Jul 2026
Demat CreditWed, 15 Jul 2026
Listing DayThu, 16 Jul 2026
UPI Mandate Deadline5:00 PM on 13 Jul 2026
Sale TypeFresh Capital & OFS
Net Offer to Public34,08,000 shares (agg. up to ₹40 Cr)
Market Maker Quota1,80,000 shares (agg. up to ₹2 Cr)
Fresh Issue Shares31,58,000 shares (agg. up to ₹37 Cr)
Offer for Sale2,50,000 shares of ₹10 (agg. up to ₹3 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Devson Catalyst Ltd IPO subscribed 1.22 times overall. Retail: 239.76x. QIB: 67.75x. NII: 261.79x. By 13 Jul 2026.
QIB
67.75x
Over
NII/HNI
261.79x
Over
Retail
239.76x
Over
Total
1.22x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
180,000
₹2.12
QIB
Over 67.75x
1,663,200
₹19.63
NII / HNI
Over 261.79x
504,000
₹5.95
Retail
Over 239.76x
1,176,000
₹13.88
Total 1.22x
64,800
100% ₹0.76
IPO Shares Offered
Devson Catalyst Ltd IPO total issue size: ₹0.76 Cr. Retail: ₹13.88 Cr. QIB: ₹19.63 Cr. NII: ₹5.95 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
QIB 1,663,200 ₹19.63
2,566.67%
Market Maker 180,000 ₹2.12
277.78%
NII 504,000 ₹5.95
777.78%
Retail 1,176,000 ₹13.88
1,814.81%
Total 64,800 ₹0.76
100.00%
* Based on upper price band ₹118 per share
Basis of Allotment
QIB NII Retail Total
Ex. Anchor Anchor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (shares) 504,000 1,176,000 1,680,000
Allotment price (₹) 118 118 118 118 118 118 118 118
No. of applications
No. of shares applied
Amount collected (₹Cr) ₹13.88 ₹13.88
Times subscribed 67.75x 261.79x 239.76x 1.22x
Shares allotted 504,000 1,176,000 1,680,000
No. of allottees
* Upper price band ₹118 · ** Anchor allotment excluded from public shares
Lot Size & Investment
Lot Size
1,200
Shares per Lot
Issue Price
₹118.00
Upper Band
Min Investment
₹141,600
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)22,400₹283,200
Retail (Max — 13 Lots)1315,600₹1,840,800
S-HNI (Min — 14 Lots)1416,800₹1,982,400
B-HNI (Min — 68 Lots)6881,600₹9,628,800
* Issue Price ₹118 × Lot Size 1,200 shares
IPO Schedule
Anchor
08 Jul 2026
✓ Done
IPO Open
09 Jul 2026
✓ Done
IPO Close
13 Jul 2026
✓ Done
Allotment
14 Jul 2026
✓ Done
Refunds
15 Jul 2026
✓ Done
Demat Credit
15 Jul 2026
✓ Done
Listing Day
16 Jul 2026
✓ Done
Devson Catalyst Ltd — Live Price LIVE
₹118.00
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Issue ₹118.00 GMP: +₹44 Live Price
About Devson Catalyst Ltd
Devson Catalyst Limited is an indigenous manufacturer of catalysts, adsorbents and ceramic balls used as key materials in various industrial processes The company operates a manufacturing facility in Gujarat with an annual production capacity of around 6,205 metric tons.Its products are supplied to industries such as oil and gas refineries, petrochemicals, steel, fertilizers, and other industrial processing sectors. These materials help improve process efficiency, increase operational reliability, and support more sustainable industrial operations. The company serves customers in both domestic and international markets.The manufacturing unit is located at Plot Nos. 213 to 218 and 233 to 237, Phase II, Ambawadi, GIDC, Wadhwan City, Surendranagar, Gujarat – 363030, India. The facility is equipped with the necessary machinery and infrastructure for production, and the company follows standard operating procedures and internal quality checks to maintain consistent product quality. The facility's total installed manufacturing capacity is 6,205 MT per year.Devson Catalyst Limited operates entirely in thebusiness-to-business (B2B)segment. Its products are supplied mainly to institutional and industrial customers, and the company does not sell directly to individual consumers. This B2B model helps the company plan production and manage its supply chain according to the specific requirements of industrial clients, including product specifications, order schedules, and delivery timelines.Products:Catalyst: A substance that speeds up the chemical reaction without being consumed or permanently changed itself.Adsorbent: It removes unwanted substances from air, gas or liquids by making them stick to its surface.Ceramic Balls: It is a small, hard sphere made from ceramic material that is placed inside industrial reactors and towers.As of May 31, 2026, the company had 56 permanent employees.Competitive StrengthsIndigenous manufacturer of catalysts, adsorbents, and ceramic balls in India.Consistent profitability and financial performance in an industry with high entry barriers.Strategically located manufacturing facility with the capability to produce multiple product lines.Operates in an industry with significant entry barriers, supporting long-term business stability.Strong customer relationships and a growing presence in global markets.
Objects of the Issue
1
Funding the Capital Expenditure requirements towards setting up of a new manufacturing unit
2
Funding the working capital requirements of the Company
3
General corporate purposes
Devson Catalyst Ltd Financials (Amount in ₹ Crore)
Revenue from Operations
₹43.8
31 Mar 2024
₹53.5
31 Mar 2025
₹56.8
31 Mar 2026
Profit After Tax (PAT)
₹4.1
31 Mar 2024
₹7.7
31 Mar 2025
₹12.5
31 Mar 2026
Particulars31 Mar 202631 Mar 202531 Mar 2024
Revenue from Operations 56.84 53.54 43.75
EBITDA 16.76 10.93 6.69
Profit After Tax (PAT) 12.52 7.67 4.08
Net Worth 33.50 20.98 13.36
Total Assets 41.63 27.38 21.49
Reserves & Surplus 23.25 20.73 13.06
Borrowings N/A 2.78 4.17
EBITDA Margin (%) 29.49
PAT Margin (%) N/A
P/BV Ratio
5.76
RoE
45.97
RoCE
47.60
RoNW
37.38
EBITDA Margin
29.49
Debt/Equity
0.07
Issue Structure & Shareholding
Total Shares Offered35,23,200
Net Offer to Public34,08,000 shares (agg. up to ₹40 Cr)
Reserved for Market Maker1,80,000 shares (agg. up to ₹2 Cr)
Pre-Issue Promoter Holding1,02,50,000 shares
Post-Issue Promoter Holding1,35,88,000 shares
P/BV Ratio5.76
RoE45.97
RoCE47.60
Debt / Equity0.07
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
JJ IPO Advisors Pvt.Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Devson Catalyst Ltd IPO subscribed?

Devson Catalyst Ltd IPO is subscribed 1.22 times by Jul 13, 2026. Retail: 239.76x. QIB: 67.75x. NII: 261.79x.

Investor CategorySubscription
Qualified Institutional (QIB)67.75x
Non Institutional (NII/HNI)261.79x
Retail Individual239.76x
Total Subscription1.22x
What is Devson Catalyst Ltd IPO retail subscription status?

The Devson Catalyst Ltd IPO retail category is subscribed 239.76 times as of 13 Jul 2026. The retail portion is oversubscribed.

How to subscribe Devson Catalyst Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 09 Jul 2026 and closes 13 Jul 2026. Min investment: ₹141,600 (1 lot = 1,200 shares). UPI mandate: 5:00 PM on 13 Jul 2026.

How many times Devson Catalyst Ltd IPO subscribed?

The Devson Catalyst Ltd IPO subscribed 1.22x overall. QIB: 67.75x, NII: 261.79x, Retail: 239.76x. Applications: from NSE/BSE.

How to check Devson Catalyst Ltd IPO allotment?

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd) at https://in.mpms.mufg.com/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 14 Jul 2026. Refunds: on 15 Jul 2026.

When Devson Catalyst Ltd IPO will be listed?

The Devson Catalyst Ltd IPO listing date is 16 Jul 2026, Thursday. Listed on: BSE SME. Issue price: ₹118. Estimated listing: ₹162. GMP: +₹44.

When Devson Catalyst Ltd IPO close?

The Devson Catalyst Ltd IPO closes on 13 Jul 2026, Monday. UPI mandate: 5:00 PM on 13 Jul 2026. Allotment: 14 Jul 2026. Listing: 16 Jul 2026.