Devson Catalyst IPO

UpcomingSME

Price Band

112 – ₹118

Issue Size

42.34 Cr

Lot Size

1200 shares

Min ₹2,83,200

Issue Dates

9 Jul 13 Jul 2026

Listing Date

16 Jul 2026

About Devson Catalyst Limited

Devson Catalyst Limited is an indigenous manufacturer of catalysts, adsorbents and ceramic balls used in various industrial processes. The company serves industries such as oil & gas refineries, petrochemicals, steel, fertilizers and other industrial processing sectors. It operates a manufacturing facility in Gujarat with an annual production capacity of approximately 6,205 MT and supplies products to domestic as well as international B2B customers.

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IPO Details

Price Band₹112 – ₹118
Face Value₹10
Lot Size1200 shares(Min ₹2,83,200)
Issue Size₹42.34 Cr
Fresh Issue₹39.39 Cr
Offer for Sale2.95 Cr
Listed OnBSE

Objects of the Issue

Funding the capital expenditure requirements towards setting up of a new manufacturing unit; Funding the working capital requirements of the company; General corporate purposes

Key Financial Metrics

EPS (Basic)

12.22

P/E Ratio

9.66x

ROE

45.97%

ROCE

47.6%

Debt / Equity

0.07

Financial Performance

Particulars (₹ Cr)FY24
Revenue43.75
EBITDA6.69
PAT4.08
Total Assets21.49
Net Worth13.36
Total Borrowings4.17

Valuation

Market Capitalisation

Pre-IPO₹160.34 Cr
Post-IPO₹0 Cr

P/E Ratio

Pre-IPO9.66x
Post-IPO12.81x

Promoter Holding

Pre-IPO100%
Post-IPO75.43%

Public Holding

Pre-IPO0%
Post-IPO24.57%

Lot Size & Allocation

Investment by Category

CategoryLot SizeMin InvestmentMax Investment
Retail (RII)2 × 1200₹2,83,200₹2,83,200

Reservation / Allocation

CategoryAllocationCut-off
QIB (Qualified Institutional Buyers)49.75%No
NII (Non-Institutional Investors)15.08%No
RII (Retail Individual Investors)35.18%No
Employee Quota0%No

Registrar & Lead Managers

Registrar

MUFG Intime India Pvt. Ltd.

Lead Managers (1)

JJ IPO Advisors Pvt. Ltd.

Important Dates

Issue Opens9 Jul 2026
Issue Closes13 Jul 2026
Anchor Bid Date8 Jul 2026
Allotment14 Jul 2026
Refund Initiation15 Jul 2026
Demat Credit15 Jul 2026
Listing Date16 Jul 2026

Live GMP

Grey Market Premium19
GMP %16.1%
View GMP History

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