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Devson Catalyst Ltd IPO
BSE SME Bookbuilding IPO Fresh Capital & OFS Closed Live Chart
GMP +₹44 +37.29% Est. Listing ₹162 P&L/Lot +₹52,800
Issue Price
₹118
Face ₹10
GMP
+₹44
+37.29% premium
Est. Listing
₹162
GMP based
Subscribed
1.22
⚠️ Moderate
Min Amount
₹141,600
1 lot · 1,200 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
09 Jul 2026
Thu Completed
Done
Close Date
13 Jul 2026
Mon Completed
Done
Allotment
14 Jul 2026
Tue Completed
Done
Refund
15 Jul 2026
Wed Completed
Done
Demat Credit
15 Jul 2026
Wed Completed
Done
Listing Date
16 Jul 2026
Thu Completed
Issue Details
Pricing & Size
Issue Price
₹118 Face ₹10
Lot Size
1,200 shares
Min Investment
₹141,600
Total Issue Size
35,88,000 shares (agg. up to ₹42 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital & OFS
Listing Exchange
BSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
1,80,000
QIB Portion
1663200.00
NII / HNI
504000.00
Retail
1176000.00
Employee
-
Net Offer to Public
34,08,000 shares (agg. up to ₹40 Cr)
Shareholding Pattern
Pre-Issue Shareholding
1,02,50,000 shares
Post-Issue Shareholding
1,35,88,000 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 2 2,400 ₹2,83,200
HNI / NII 3 3,600 ₹4,24,800
Objects of Issue
3 objectives
1
Funding the Capital Expenditure requirements towards setting up of a new manufacturing unit
17.40 Cr
2
Funding the working capital requirements of the Company
12.00 Cr
3
General corporate purposes
Lead Managers & Market Maker
Book Running Lead Managers
JJ IPO Advisors Pvt.Ltd
Market Maker
MNM Stock Broking Pvt.Ltd.
IPO Timeline
Open
09 Jul
✓ Done
Close
13 Jul
✓ Done
Allotment
14 Jul
✓ Done
Listing
16 Jul
✓ Done
Registrar Details
MUFG Intime India Pvt.Ltd
SEBI Registered Registrar & Transfer Agent
Phone
022-49186000
Email
devsoncatalyst.smeipo@in.mpms.mufg.com
Company Contact
Email
info@devsongroup.com
Phone
91 7201010244
Address
Plot No 213 To 218 and 233 To 237, Phase II, Ambawadi, GIDC Wadhwancity, Surendranagar, Gujarat, 363030
Grey Market Premium
LIVE
Current GMP
+₹44
+37.29% vs Issue Price
Issue Price
₹118
Est. Listing
₹162
Lot Size
1,200 shares
P&L / Lot
+₹52,800
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Devson Catalyst Ltd LIVE
INR ·
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| Price
Market Reference
IPO Issue Price
₹118
GMP
+₹44 (+37.29%)
GMP Est. Listing
₹162
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
1.22
Overall Sub.
⚠️ Moderate
67.75
QIB
239.76
Retail
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 67.75× 16,63,200 11,26,89,600 ₹1,329.74 Cr
NII / HNI (Total) 261.79× 5,04,000 13,19,40,000 ₹1,556.89 Cr
Retail Investors 239.76× 11,76,000 28,19,56,800 ₹3,327.09 Cr
Total ** 1.22× 64,800 79,200 ₹0.93 Cr
Market Maker * 1,80,000 1,80,000 ₹2.12 Cr
* Based on ₹118.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
16,63,200
NII
5,04,000
Retail
11,76,000
Market Maker
1,80,000
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Crore
Metric31 Mar 202631 Mar 202531 Mar 2024
Revenue56.8453.5443.75
PAT12.527.674.08
EBITDA16.7610.936.69
Net Worth33.5020.9813.36
Total Assets41.6327.3821.49
Reserves23.2520.7313.06
Borrowings2.784.17
Key Financial Ratios
45.97
ROE
Return on Equity
47.60
ROCE
Return on Capital Employed
37.38
RONW
Return on Net Worth
29.49
EBITDA Mgn
EBITDA / Revenue
0.07
D/E Ratio
Debt to Equity
5.76
P/BV
Price to Book Value
12.22
Pre EPS
EPS Pre-Issue
9.21
Post EPS
EPS Post-Issue
9.66
Pre P/E
P/E Pre-Issue
12.81
Post P/E
P/E Post-Issue
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 Strengths

  • Indigenous 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.
Frequently Asked Questions
What is the issue price of Devson Catalyst Ltd IPO?
The issue price of Devson Catalyst Ltd IPO is ₹118 per share, face value ₹10.
What is the lot size?
Minimum lot size is 1,200 shares, requiring ₹141,600.
What are the IPO dates?
Opens 09 Jul 2026, closes 13 Jul 2026.
When is the listing date?
Tentative listing: 16 Jul 2026 on BSE SME.
What is the current GMP?
Current GMP is +₹44, estimated listing ₹162 (+37.29%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Devson Catalyst Ltd IPO · Expected 14 Jul 2026

Check on Registrar
Post-IPO Timeline
Allotment Date
14 Jul 2026
Refund Initiation
15 Jul 2026
Demat Credit
15 Jul 2026
Listing Date
16 Jul 2026
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹44
+37.29%
Issue Price
₹118
Face ₹10
Lot Size
1,200
shares / lot
Min Amount
₹141,600
1 lot
Est. Listing
₹162
GMP +₹44
Subscription
Overall1.22×
QIB67.75×
NII261.79×
Retail239.76×
Key Dates
Open
09 Jul Done
Close
13 Jul Done
Listing
16 Jul Done
Registrar
MUFG Intime India Pvt.Ltd
A
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