Back

Devson Catalyst Ltd

IPO Details · GMP · Subscription · Financials

🔒 Closed BSE SME SME Live Chart
Issue Price
₹118
Per Share
GMP
+₹44
+37.29% Grey Market
Est. Listing
₹162
Expected Price
Min. Application
₹283,200
2 lots × 1200 shares
IPO Issue Details
Issue Price / Price Band₹118 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,200 Shares per Lot
Total Issue Size35,88,000 shares (agg. up to ₹42 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital & OFS
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenThu, 09 Jul 2026
Subscription CloseMon, 13 Jul 2026
Anchor AllotmentWed, 08 Jul 2026
Basis of AllotmentTue, 14 Jul 2026
Initiation of RefundsWed, 15 Jul 2026
Credit of Shares to DematWed, 15 Jul 2026
Listing DateThu, 16 Jul 2026
UPI Mandate Deadline5:00 PM on 13 Jul 2026 (Day 3)
Application & Investment Details
Retail — Min (2 Lots)₹2,83,200 — 2,400 shares
Retail — Max (13 Lots)₹1,840,800 (13 Lots)
HNI — Min (3 Lots)₹4,24,800 — 3,600 shares
EPS (Pre-IPO)₹12.22
EPS (Post-IPO)₹9.21
P/E Ratio (Pre-IPO)9.66x
P/E Ratio (Post-IPO)12.81x
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-IPO Promoter Holding1,02,50,000 shares
Post-IPO Promoter Holding1,35,88,000 shares
Fresh Issue Shares31,58,000 shares (agg. up to ₹37 Cr)
Offer for Sale Shares2,50,000 shares of ₹10 (agg. up to ₹3 Cr)
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

Devson Catalyst Ltd proposes to utilise the net proceeds from the Issue for the following objects:

1
Funding the Capital Expenditure requirements towards setting up of a new manufacturing unit
17.40
2
Funding the working capital requirements of the Company
12.00
3
General corporate purposes
Shareholding & Lock-in
Pre-IPO Promoter Holding 1,02,50,000 shares
Post-IPO Promoter Holding 1,35,88,000 shares
Check AllotmentCheck Status →
Devson Catalyst Ltd — Live Price LIVE
₹118.00
INR · BSE
Fetching live data…
VS Issue Price
OPEN
HIGH
LOW
MKT CAP
P/E
52W HIGH
52W LOW
VOLUME
DIVIDEND
DIV YIELD
Loading chart…
Chart Not Available
Devson Catalyst Ltd is not yet listed on Yahoo Finance or has a different ticker symbol.
Try again after listing stabilises (2-3 trading days).
Issue ₹118.00 GMP: +₹44 (+37.29%) Live Price
Quick Facts
GMP Signal🟢 Positive
StatusClosed
Issue Price₹118
GMP+₹44
Est. Listing₹162
Lot Size1,200 shares
Min Amount₹283,200
Listing Date16 Jul 2026
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹118
Listing Date16 Jul 2026
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
QIB (Ex Anchor) 662,400 ₹7.82 Cr 168.56x
NII / HNI 504,000 ₹5.95 Cr 261.22x
Retail (RII) 1,176,000 ₹13.88 Cr 244.08x
Market Maker 180,000 ₹2.12 Cr
TOTAL 2,407,200 100.00% ₹28.40 Cr 220.35x
* Based on ₹118.00 (upper price band)
Day-wise Subscription
QIB
168.56x
NII / HNI
261.22x
Retail
244.08x
Total
220.35x
Subscribed
Lot Size & Investment Details
Lot Size
1,200
Shares
Issue Price
₹118.00
Per Share
Min Investment
₹141,600
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 1,200 ₹141,600
Retail (Max) 13 15,600 ₹1,840,800
sNII (Min) 14 16,800 ₹1,982,400
bNII (Min) 68 81,600 ₹9,628,800
Company Financials — Restated Consolidated (Amount in ₹ Crore)
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
Total Borrowings N/A 2.78 4.17
Key Ratios & Valuation
Issue Price ₹118
Face Value ₹10 Per Share
P/BV 5.76
RoE 45.97
RoCE 47.60
RoNW 37.38
PAT Margin (%) N/A
EBITDA Margin (%) 29.49
Debt / Equity 0.07
Company Details
Company
Devson Catalyst Ltd
Exchange
BSE SME
IPO Type
SME IPO
Issue Type
Bookbuilding IPO
Face Value
₹10 Per Share
Script Code
N/A
Address
Plot No 213 To 218 and 233 To 237, Phase II, Ambawadi, GIDC Wadhwancity, Surendranagar, Gujarat, 363030
Book Running Lead Managers
JJ IPO Advisors Pvt.Ltd
Book Running Lead Manager (BRLM)