Devson Catalyst IPO
Devson Catalyst is a BSE SME IPO listed on the BSE SME platform, priced at ₹112–₹118 per share. The stock debuted at ₹196.15, delivering a listing gain of 66.2%. The IPO had a lot size of ₹1200 shares and a minimum investment of ₹2,83,200.
Devson Catalyst IPO
- IPO Dates
- Jul 9, 2026 – Jul 13, 2026
- Price band
- ₹112-118 per equity share
- Minimum Investment
- ₹2,83,200
- Issue size
- ₹42.34 Cr
- Lot size
- 1200
- Allotment Date
- Jul 14, 2026
- Listing
- Jul 16, 2026
- Listing At
- BSE SME
IPO timeline
-
Jul 9, 2026
Open Date
Completed
-
Jul 13, 2026
Close Date
Completed
-
Jul 14, 2026
Allotment Date
Completed
-
Jul 16, 2026
Listing Date
Completed
Unofficial pre-listing indicator
Devson Catalyst IPO Final GMP Before Listing: ₹44
Devson Catalyst IPO's final recorded GMP before listing was ₹44 per share (a 37% premium over the ₹118 upper price band). The shares listed at ₹196.15. GMP is unofficial and does not forecast or guarantee the actual listing price.
- Final GMP
- ₹44
- GMP percentage
- 37%
- Upper price band
- ₹118
- Listing price
- ₹196.15
During the recorded period, Devson Catalyst IPO GMP ranged from ₹8 to ₹44.
Devson Catalyst IPO GMP trend (day-wise) 19 observations
| Date & time | GMP | Change | GMP % | Indicative price |
|---|---|---|---|---|
| ₹44 | +₹4 | 37% | ₹162 | |
| ₹40 | ₹0 | 34% | ₹158 | |
| ₹40 | ₹0 | 34% | ₹158 | |
| ₹40 | +₹2 | 34% | ₹158 | |
| ₹38 | +₹4 | 32% | ₹156 | |
| ₹34 | ₹0 | 29% | ₹152 | |
| ₹34 | +₹1 | 29% | ₹152 | |
| ₹33 | +₹3 | 28% | ₹151 | |
| ₹30 | ₹0 | 25% | ₹148 | |
| ₹30 | ₹0 | 25% | ₹148 |
Devson Catalyst IPO Subscription Details
View Subscription DetailsDevson Catalyst IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.
Last updated:Devson Catalyst IPO Essentials
Devson Catalyst IPO Details
Devson Catalyst IPO is priced at ₹112-118 per share with a total issue size of 42.34 crore. The IPO has a lot size of 1200 shares and is listed on BSE SME.
- Issue price
- ₹112-118 per equity share
- Lot size
- 1200 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 35,88,000 shares (agg. up to ₹42.34 Cr)
- Total issue size
- 35,88,000 shares
(aggregating up to ₹42.34 crore) - Fresh issue
- 31,58,000 shares
(aggregating up to ₹39.39 crore) - Offer for sale (OFS)
- 2,50,000 shares
(aggregating up to ₹2.95 crore) - Listing at
- BSE SME
- List price
- 196.15
- Listing date
- Registrar
- MUFG Intime India Pvt.Ltd.
- Lead manager
-
JJ IPO Advisors Pvt.Ltd.
Market Lot Size
Investors can bid for a minimum of 2,400 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual (min) | 2 | 2,400 | ₹2,83,200 |
| Individual(max) | 2 | 2,400 | ₹2,83,200 |
| sHNI(min) | 3 | 3,600 | ₹4,24,800 |
| sHNI(max) | 7 | 8,400 | ₹9,91,200 |
| bHNI(min) | 8 | 9,600 | ₹11,32,800 |
Devson Catalyst IPO Reservation
Devson Catalyst IPO reservation details show category-wise allocation of shares. Out of the total 3523200 shares, approximately 18.8% are reserved for QIB, 14.31% for NII, 33.38% for retail investors, 5.11% for market maker, and 28.41% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 1000800 (28.41%) | |
| Market Maker Shares Offered | 180000 (5.11%) | |
| QIB Shares Offered | 662400 (18.8%) | |
| NII (HNI) Shares Offered | 504000 (14.31%) | |
| bHNI > ₹10L | 334800 (9.39%) | 93 |
| sHNI < ₹10L | 169200 (4.85%) | 47 |
| Individual Shares Offered | 1176000 (33.38%) | 490 |
| Total Shares Offered | 3523200 (100%) |
Devson Catalyst IPO Analytics
Devson Catalyst IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Devson Catalyst IPO Subscription Status
Devson Catalyst IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO is currently subscribed 226.49x, indicating strong demand across investor categories.
| As on | QIB |
NII
bHNI
sHNI
|
Individual | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 6,62,400 |
5,04,000
3,34,800
1,69,200
|
11,76,000 | 23,42,400 |
|
Day 1
09-07-26 05:00 PM
|
1.72 x |
10.59x
11.86x
8.06x
|
10.96 x | 8.28 x |
|
Day 2
10-07-26 05:00 PM
|
2.60 x |
36.84x
39.99x
30.59x
|
42.76 x | 30.15 x |
|
Day 3
13-07-26 05:00 PM
|
168.56 x |
261.58x
287.04x
211.19x
|
244.03 x | 226.49 x |
|
Total No. of Applications
|
bHNI | sHNI | Individual |
|---|---|---|---|
| 1,38,602 (Approx) | 102.25x | 199.96x | 244.03x |
Devson Catalyst Valuations
Earnings
- EPS Pre IPO
- ₹12.22/-
- EPS Post IPO
- ₹9.21/-
- P/E Pre IPO
- 9.66
- P/E Post IPO
- 12.81
Returns
- ROE
- 45.97%
- ROCE
- 47.60%
- RoNW
- 37.38%
Fundamentals
- Debt / Equity
- 0.07
- Price / Book
- 5.76
- Market Cap
- ₹160.34 Cr.
Devson Catalyst Financials( In Crs.)
| 31-Mar-26 | 31-Mar-25 | 31-Mar-24 | |
|---|---|---|---|
| Assets | 41.63 | 27.38 | 21.49 |
| Revenue | 56.84 | 53.54 | 43.75 |
| Profit After Tax | 12.52 | 7.67 | 4.08 |
| Net Worth | 33.50 | 20.98 | 13.36 |
| Reserves & Surplus | 23.25 | 20.73 | 13.06 |
Devson Catalyst Company & Offer Insights
About Devson Catalyst
Devson Catalyst Limited is an indigenous producer of catalysts, adsorbents, and ceramic balls, which are critical elements of several industrial processes. The company runs a manufacturing plant in Gujarat, with a production capacity of approximately 6,205 metric tons per year.
These materials are delivered to industries including oil & gas refining, petrochemicals, steel, fertilizers, and other industrial processing units. They enable efficient processing, reliability, and sustainability of industrial operations. The company caters to the needs of customers from both the domestic as well as international markets.
The manufacturing plant of the company is situated at Plot Nos. 213 to 218 and 233 to 237, Phase II, Ambawadi, GIDC, Wadhwan City, Surendranagar, Gujarat – 363030, India. The plant possesses all necessary equipment for production and maintains standard manufacturing protocols and internal quality control systems to ensure quality. The total manufacturing capacity of the plant is 6,205 MT per year.
Devson Catalyst Promoter(s)
Pratapbhai Devjibhai Siyania, Prahladbhai Devjibhai Shiyaniya, Patel Savan Prahladbhai, Patel Krishna Savanbhai are the company's promoters of Devson Catalyst.
Devson Catalyst IPO Issue Objectives
- •
- Funding the Capital Expenditure requirements towards setting up of a new manufacturing unit
- •
- Funding the working capital requirements of the Company
- •
- General corporate purposes
Devson Catalyst IPO - Anchor Investors
Devson Catalyst Limited raised ₹11.81 crore from 6 anchor investors at ₹118 per share on July 8, 2026. India Max Investment Fund Limited led the allocation at 31.77%, followed by Invicto Multiplier Fund at 17.15% and Brescon Opportunities Fund at 17.03%.
Contact Information
Contact Details
Devson Catalyst
91 7201010244
Plot No 213 To 218 and 233 To 237, Phase II, Ambawadi, GIDC, Wadhwancity, Surendranagar, Gujarat, 363030
Registrar Contact Details
Frequently Asked Questions
Click any question to reveal the answer
Devson Catalyst IPO is a book-built IPO worth ₹42.34 crore. The price band is ₹112–₹118 per share. The IPO opens on Jul 9, 2026 and closes on Jul 13, 2026. It will be listed on BSE SME Platform. MUFG Intime India Pvt. Ltd. is the registrar.
The price band of Devson Catalyst IPO is ₹112 to ₹118 per share.
The lot size of Devson Catalyst IPO is 1200 shares.
The minimum investment for Devson Catalyst IPO is approximately ₹2,83,200 based on the upper price band .
Devson Catalyst IPO opens on Jul 9, 2026 and closes on Jul 13, 2026.
The allotment date of Devson Catalyst IPO is Jul 14, 2026.
Devson Catalyst IPO is expected to be listed on Jul 16, 2026, on BSE SME Platform.
Devson Catalyst IPO's final recorded GMP before listing was ₹44 per share (a 37% premium over the ₹118 upper price band). The shares listed at ₹196.15. GMP is unofficial and does not forecast or guarantee the actual listing price.
Devson Catalyst IPO valuation snapshot: P/E 12.81, EPS ₹9.21/-, P/B 5.76, RoNW 37.38%, and market cap ₹160.34 Cr.
To apply for Devson Catalyst IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Devson Catalyst IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Devson Catalyst IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Devson Catalyst IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Devson Catalyst IPO allotment status on IPO Ji for quick and easy access.