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Sanjay Bambhaniya · Jul 11, 2026

Devson Catalyst SME IPO Details 2026

SME Book Build Listed
Chemical
BSE SME
Price Band
₹112 - ₹118
Issue Size
₹42.34 Cr.
Lot Size
1,200
Min. Investment
₹1,41,600
Live GMP ₹50
42.37% Est. Listing: ₹168
SIP CalcCompare
IPO Timeline
DRHP FILED March 11, 2026
OPEN July 9, 2026
CLOSE July 13, 2026
ALLOTMENT July 14, 2026
LISTING July 16, 2026
IPO DETAILS REVIEW GMP SUBSCRIPTION ALLOTMENT STATUS

Devson Catalyst

Company overview & key insights

The Devson Catalyst IPO size is ₹42.34 crore. This includes a fresh issue of ₹39.39 crore. It also includes an offer for sale of ₹2.95 crore. It is a book built issue. The IPO issue opens on July 9, 2026. It closes on July 13, 2026. The share allotment is expected on July 14, 2026. The listing date is July 16, 2026. Devson Catalyst Limited is based in Surendranagar, Gujarat. The firm operates in the Chemical sector. It filed its DRHP on March 11 2026. It will list its shares on BSE SME. MUFG Intime India Pvt.Ltd. is the registrar. JJ IPO Advisors Pvt.Ltd. serves as the merchant banker for the offer.

Devson-catalyst-sme-ipo-details

IPO Highlights

Key details & important dates

IPO Details

Total Issues ₹42.34 Cr.
Fresh Issue ₹39.39 Cr.
Offer for Sale ₹2.95 Cr.
IPO Price Band ₹112 - ₹118
Face Value ₹10 per
Lot Size 1,200
Listed On BSE SME

IPO Dates

DRHP Filed March 11, 2026
Issue Open July 9, 2026
Issue Close July 13, 2026
Allotment Date July 14, 2026
Refunds Initiation July 15, 2026
Credit of Shares July 15, 2026
Listing Date July 16, 2026

Stay up-to-date with all IPO details. Do not miss any deadlines & avoid missed investment opportunities.

How to Apply

IPO Issue Structure

Reservation & Lot Size Details

The company has reserved shares for various investor categories. The Retail Shares reservation is 35.18% (11,76,000 shares). QIB has 49.75% (16,63,200 shares). Further, the minimum lot size is 1,200 shares. The anchor investor reservation is 28.41% (10,00,800 shares). The market maker reservation is 5.11% (1,80,000 shares).

IPO Reservation

QIB 16,63,200 (49.75%)
Anchor Investor 10,00,800 (28.41%)
QIB (Ex. Anchor) 6,62,400 (18.80%)
NII (HNI) 5,04,000 (15.08%)
bNII > ₹10L 3,34,800 (9.50%)
sNII < ₹10L 1,69,200 (4.80%)
Retail 11,76,000 (35.18%)
Employee 1,80,000 (approx. ₹2.12 Cr)
Shareholder 35,23,200 (100.00%)

IPO Lot Size

Retail (Min)
2 | 2,400 Shares
₹2,83,200
Small Investor Quota
Retail (Max)
2 | 2,400 Shares
₹2,83,200
Retail Investment Limit
S-HNI (Min)
3 | 3,600 Shares
₹4,24,800
Small HNI (₹2L – ₹10L)
S-HNI (Max)
7 | 8,400 Shares
₹9,91,200
Small HNI (Up to ₹10 L)
B-HNI (Min)
8 | 9,600 Shares
₹11,32,800
Big HNI (Above ₹10L)
Zerodha Apply Now Upstox Apply Now Angel One Apply Now

Tip: Determine your investment budget and your exact allotment chances based on your investor category.

Investment Guide

IPO Documents & GMP

Prospectus & Grey Market Premium

On 11th March 2026 the company filed its Draft Red Herring Prospectus. The Red Herring Prospectus is available to understand the business operations, financials, and the risks involved.

DRHP Document Draft Red Herring Prospectus
RHP Document Red Herring Prospectus

IPO GMP

Live

The Grey Market Premium indicates the extra price that people pay in the unofficial market. This value changes daily based on demand for the shares.

Track live GMP Today

Financial Performance (₹ in Cr)

Key Performance Indicator

ParticularsFY26FY25FY24FY23
EBITDA Margin (%)29.4919.9714.7010.57
PAT Margin (%)21.1614.239.57.25
EPS (₹)12.227.4942.28
ROE (%)45.9736.13125.60
ROCE (%)47.641.993328.75
ROA (%)19.2327.661914.86
Debt to Equity (x)0.070.1300.15

Devson Catalyst SME IPO Review

You must look at the financial position of the company before deciding on the investments.

Read Full Review

IPO Financial Snapshot

Objectives & Key Metrics

IPO Objectives

Setting up a new manufacturing unit ₹17.40 Cr.
Funding working capital requirements of the Company ₹12.00 Cr.
General Corporate Purpose ₹0.00 Cr.
Total Fund Requirement ₹29.40 Cr.

IPO Key Metrics

Pre IPO EPS
12.22
Earnings Per Share
Post IPO EPS
9.21
Earnings Per Share
Pre IPO P/E
9.66
Price to Earnings
Post IPO P/E
12.81
Price to Earnings
Market Capitalization ₹160.34 Cr
Insight: IPO objectives and KPIs provide measurable data to track the company’s real growth.
IPO KPIs

Listing Day Trading
BSE SME

Final Issue Price ₹118
Open ₹196.15
Low ₹186.35
High ₹205.95
Last Trade
₹205.95
▲ +74.53%
Check IPO Performance

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Devson Catalyst Company Details

Company Profile · Overview

Devson Catalyst Limited started its business in 2004. The company operates in the Chemical sector. It manufactures catalysts for the B2B market. The team provides adsorbents and ceramic balls to clients –. Its main office is in Surendranagar. It serves – customers every year. The firm employs 56 workers in various departments. Its leadership team has – years of industry experience. The company holds several quality certificates for its operations –.

Main Offerings

The team manufactures industrial catalysts.
They supply heavy adsorbents.
The firm creates strong ceramic balls.

Key Strengths

The business owns a local production setup.
They maintain high entry barriers.
The company shows good profit growth.
Company Address: Plot No 213 To 218 and 233 To 237, Phase II, Ambawadi, GIDC, Wadhwancity, Surendranagar, Gujarat, 363030. +91 7201010244 | info@devsongroup.com
Intermediaries
Registrar
MUFG Intime India Pvt.Ltd.
022-49186000
devsoncatalyst.smeipo@in.mpms.mufg.com
Lead Manager
JJ IPO Advisors Pvt.Ltd.
Market Maker
MNM Stock Broking Pvt.Ltd.
RESERVATION 1,80,000 shares (agg. up to ₹2 Cr)
Promoters
Promoter Group
Pratapbhai Devjibhai Siyania Prahladbhai Devjibhai Shiyaniya Patel Savan Prahladbhai

Frequently Asked Questions

7 FAQs
What is Devson Catalyst IPO?

Devson Catalyst IPO offers 35,88,000 equity shares priced between ₹112 and ₹118, opening on 9 July 2026 and closing on 13 July 2026.

What is the face value of the Devson Catalyst IPO share?

The face value is ten rupees per share. Investors must bid within the price band.

Where will Devson Catalyst IPO IPO list?

The public issue will list on the BSE SME platform. It is an SME category issue.

Who is the registrar for Devson Catalyst IPO?

MUFG Intime India Private Limited is the official registrar. They manage allotments and refunds.

How to apply for Devson Catalyst IPO?

Devson Catalyst IPO applications can be submitted online using UPI or ASBA. ASBA applications are available through net banking, while UPI applications are offered by brokers.

What is the retail lot size?

The retail lot size contains 1200 shares. A buyer must apply for at least 2 lots.

The current rules restrict individual retail applications to exactly two lots. This keeps the investment amount within limits.

How do people track the grey market rate?

People check unofficial trading circles for daily updates. The rate depends on public demand.

Sanjay Bambhaniya
Sanjay Bambhaniya
Sanjay has 8+ years of experience in data-driven IPO insights. His expertise in digital marketing and web development complements his financial knowledge and helps him to develop effective fintech solutions. He is an entrepreneur and director who helps investors understand complex primary market trends in easy-to-understand IPO reports, news, and updates.
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