Devson Catalyst IPO Details
The Devson Catalyst IPO is a book build issue with a total issue size of ₹42 cr, comprising of fresh issue of 3158000 equity shares., and a offer for sale of 250000 equity shares. Devson Catalyst IPO will open for subscription on Jul 09, 2026, and close on Jul 13, 2026, allowing investors three days to apply for shares. Devson Catalyst IPO is set price band at ₹112 to ₹118 per share, with a lot size of 1200 shares. Minimum investment for Retail investors will be ₹283,200.00 (at the upper price band) to apply for one lot.
The basis of allotment is expected to be finalized on Jul 14, 2026, and the shares are likely to be listed on both the NSE and BSE on Jul 16, 2026.
MUFG Intime India Private Limited has been appointed as the registrar. **JJ IPO Advisors Pvt.Ltd. ** are the Book Running Lead Manager for the issue.
Before investing in the Devson Catalyst IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 112 – 118
- Lot Size
- 1200
- Issue Size
- ₹42 Cr
- Minimum Investment
- ₹283200 (2400 Shares)
- Listing Date
- 16 July 2026
Current GMP
₹19 (+16.10%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Devson Catalyst Limited
Devson Catalyst Limited is an indigenous manufacturer of catalysts, adsorbents, and ceramic balls, which serve as critical materials in a wide range of industrial processes. The company operates in the business-to-business (B2B) segment, supplying its products to institutional and industrial customers across domestic and international markets.
The company's products cater to diverse industries, including oil and gas refineries, petrochemicals, steel, fertilizers, and other process industries. These products play a vital role in enhancing process efficiency, improving operational reliability, extending equipment life, and supporting sustainable industrial operations.
Manufacturing Facility
Devson Catalyst Limited operates a manufacturing facility 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 required manufacturing machinery, process equipment, and supporting infrastructure necessary for the production of catalysts, adsorbents, and ceramic balls. The company follows established standard operating procedures (SOPs) and internal quality control systems to ensure consistent product quality and operational efficiency.
As of the latest available information, the manufacturing facility has an installed production capacity of approximately 6,205 metric tons (MT) per annum.
Business Model
Devson Catalyst Limited operates exclusively under a B2B business model, supplying products primarily to industrial and institutional customers. The company does not sell directly to retail or individual consumers.
Its customer-focused approach enables it to manufacture products based on clients' technical specifications and operational requirements. Production planning, inventory management, and supply chain activities are aligned with customer order schedules, product specifications, and delivery timelines, allowing the company to efficiently meet industrial demand.
Product Portfolio
Catalysts
Catalysts are chemical substances that accelerate chemical reactions without being consumed or permanently altered during the process. They are widely used in refining, petrochemical, fertilizer, and other industrial applications to improve reaction efficiency and reduce operating costs.
Adsorbents
Adsorbents are specialized materials designed to remove impurities, contaminants, moisture, or unwanted compounds from gases, liquids, or air by attracting and holding them on their surface. They are commonly used in purification, drying, and separation processes across various industries.
Ceramic Balls
Ceramic balls are high-strength, chemically inert spherical materials used as support media in industrial reactors, catalyst beds, and process towers. They provide mechanical support, facilitate uniform flow distribution, withstand high temperatures and corrosive environments, and help improve the overall performance and longevity of industrial processing systems.
Workforce
As of May 31, 2026, Devson Catalyst Limited employed 56 permanent employees across its manufacturing, quality assurance, administration, sales, and support functions.
Devson Catalyst IPO Promoters
- Pratapbhai Devjibhai Siyania
- Prahladbhai Devjibhai Shiyaniya
- Patel Savan Prahladbhai
- Patel Krishna Savanbha
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
0.00%
Devson Catalyst IPO Objective
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Funding the Capital Expenditure requirements towards setting up of a new manufacturing unit
- Funding the working capital requirements of our Company
- General corporate purposes
Address / Contact Info
Devson Catalyst Ltd. Address
Plot No 213 To 218 and 233 To 237,
Phase II, Ambawadi, GIDC
Wadhwancity,
Surendranagar, Gujarat, 363030
Telephone No.: +91 7201010244
Email ID: info@devsongroup.com
Website:http://www.devsongroup.com/
IPO Snapshot
Book Running Lead Managers
- JJ IPO Advisors Pvt.Ltd.
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Devson Catalyst IPO?
Devson Catalyst IPO is a Book-building IPO with a total issue size of ₹42 crore. The Devson Catalyst IPO price band is ₹112 to 118 per share. The Devson Catalyst IPO subscription opens on Thu, Jul 9, 2026, and closes on Mon, Jul 13, 2026. The Devson Catalyst IPO will be listed on the BSE. MUFG Intime India Private Limited is the registrar for the Devson Catalyst IPO.
When will the Devson Catalyst IPO open for subscription?
The Devson Catalyst IPO opens on Thu, Jul 9, 2026 and closes on Mon, Jul 13, 2026
What is Devson Catalyst IPO Price Band?
Devson Catalyst IPO Price Band is ₹112 to 118 per share.
What is Devson Catalyst IPO Lot Size?
Devson Catalyst IPO lot size is 1200 shares, Retail investors need a minimum investment of ₹283200 based on the upper price band
What is the minimum investment for Devson Catalyst IPO?
The minimum investment for Devson Catalyst IPO is ₹283200, based on one lot of 1200 shares at the upper price band of ₹118 per share.
How to apply for Devson Catalyst IPO?
Investors can apply for the Devson Catalyst IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Mon, Jul 13, 2026. The application amount remains blocked until the Devson Catalyst IPO allotment is finalized.
What is Devson Catalyst IPO Issue Size?
Devson Catalyst IPO issue size is ₹42 crores.
What is the Devson Catalyst IPO Allotment Date?
Devson Catalyst IPO allotment date is Sun, Jul 5, 2026.
Who is the Devson Catalyst IPO Registrar?
The registrar for Devson Catalyst IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Devson Catalyst IPO allotment status, refund processing, and other IPO-related information.
What is the Devson Catalyst IPO GMP?
The Devson Catalyst IPO GMP (Grey Market Premium) is ₹19 as of Sun, Jul 5, 2026. Based on the upper price band of ₹118 per share, the estimated Devson Catalyst IPO listing price is ₹137, indicating a potential listing gain of approximately 0% over the issue price.