IPO Update: Devson Catalyst Jumps 66% on Listing; Two Issues Open Today on NSE/BSE | 20 Jul 2026, 10:00 AM IST
Key Highlights
Two IPOs are currently open for subscription on NSE and BSE, with one closing today. Devson Catalyst Ltd. saw a significant listing gain of 66.23% on its debut.
Welcome to your daily Update for Monday, July 20, 2026. The Indian primary market continues to buzz with activity, presenting a mix of strong listing performances and fresh opportunities for investors. Today’s update covers issues currently open for subscription, recent debuts, and a look at upcoming offerings.
Recent Listings
The past week has delivered notable outcomes for several newly listed companies. Devson Catalyst Ltd. led the gains, providing a significant premium to investors, while other issues also saw positive debuts. These listing gains reflect the market’s reception to new entrants and can offer early returns for successful applicants.
| Company | Issue Price | Listing Price | Gain % | Per-Lot Gain |
|---|---|---|---|---|
| Devson Catalyst Ltd. | ₹118 | ₹196.15 | +66.23% | ₹78.15 |
| Laser Power & Infra Ltd. | ₹214 | ₹269 | +25.70% | ₹55 |
| Kusumgar Ltd. | ₹419 | ₹574 | +36.99% | ₹155 |
| Knack Packaging Ltd. | ₹170 | ₹186 | +9.41% | ₹16 |
| Kratikal Tech Ltd. | ₹135 | ₹192 | +42.22% | ₹57 |
| Sampark India Logistics Ltd. | ₹84 | ₹89 | +5.95% | ₹5 |
| Atharva Poly-Plast Ltd. | ₹60 | ₹69 | +15.00% | ₹9 |
Additionally, Happy Steels Ltd. (listed July 16 at ₹66 per share), IC Electricals Company Ltd. (listed July 10 at ₹99 per share), and Teja Engineering Industries Ltd. (listed July 7 at ₹220 per share) also made their market debuts. Specific listing prices for these issues were not immediately available.
for
As of today, two IPOs are open for investors to subscribe. It is important to note that the subscription window for Sotefin Bharat Ltd. closes today, July 20, 2026. The minimum investment represents the smallest capital outlay required to apply for one lot of shares.
| Company | Issue Price | Subscription Window | |
|---|---|---|---|
| Caliber Mining and Logistics Ltd. | ₹424 per share | ₹424 | 2026-07-17 → 2026-07-21 |
| Sotefin Bharat Ltd. | ₹187 per share | ₹187 | 2026-07-16 → 2026-07-20 |
Upcoming IPOs
The pipeline for new issues remains active, with several companies preparing to launch their public offerings this week. Gulf Lloyds (India) Ltd. is set to open for subscription today, marking another opportunity for primary market participation. Investors should monitor these expected dates for their potential investment planning.
| Company | Issue Price | Min. Investment | Expected Dates |
|---|---|---|---|
| Cube Highways Trust | ₹152 per share | ₹152 | 2026-07-22 → 2026-07-24 |
| Shree Balaji (Mala) Textiles Ltd. | ₹70 per share | ₹70 | 2026-07-22 → 2026-07-24 |
| Metalic Technoforge Ltd. | ₹77 per share | ₹77 | 2026-07-21 → 2026-07-23 |
| Gulf Lloyds (India) Ltd. | ₹100 per share | ₹100 | 2026-07-20 → 2026-07-22 |
The Indian primary market continues to present a dynamic landscape for investors. With ongoing subscriptions and a steady stream of upcoming issues, staying informed about each company’s fundamentals and offer details is key to navigating these opportunities effectively.