D

Devson Catalyst Ltd.

SME
ListedListed on 16 Jul 2026+66.2%

Price Range

₹112–118

Issue Size

₹ 31 Cr

Lot Size

2400 Shares

Min. Investment

₹ 2,68,800

Financial Summary

(in crores)
ParticularsFY 2025-26FY 2024-25
Operating Revenue5,577.595,319.21
Other Income106.8534.68
Total Income5,684.445,353.89
Total Expenses3,901.134,226.03
Profit Before Tax1,683.191,037.96
Total Profit1,252.09767.23

Subscription Details

205.06xTotal
Subscription
Retail
244.03x
NII - Small
0.00x
NII - Big
0.00x
QIB
168.56x
Employees
1.06x

IPO Timeline

IPO Offer Start

9 Jul 2026

IPO Offer Ends

13 Jul 2026

Listing Date

16 Jul 2026

Use of Proceeds

#PurposeAmount (₹ Cr)
1Funding the Capital Expenditure requirements towards setting up of a new manufacturing unit 173.984
2General corporate purposes56.853

Promoters

Patel Krishna Savanbhai

Promoter Shareholding

Pre-IPO

100.00%

Promoter stake

Post-IPO

73.59%

Promoter stake

Offered to Public

25,87,200

shares

Post Share Capital

1,00,00,000

shares

About the Company

Devson Catalyst Limited is an ISO 9001:2015 and ISO 45001:2018 certified company and an indigenous manufacturer of catalysts, adsorbents and ceramic balls used as key materials in various industrial processes. The Company operates a manufacturing facility in Gujarat with an annual production capacity of approximately 6,205.00 metric tons. Our products are used to improve process efficiency and facilitate removal of impurities from gases and liquids across various industrial applications. The Company primarily manufactures: • Catalysts, which enable chemical reactions to occur faster and more efficiently without being consumed during the process. • Adsorbents, which are used for removal of impurities such as moisture, dust and other undesirable components from gases and liquids. • Ceramic balls, which act as support media in industrial reactors and towers, helping in catalyst bed support, uniform distribution of gas or liquid flow and protection of catalysts from pressure or flow variations. Our products are supplied to customers operating in industries such as oil and gas refineries, petrochemicals, steel, fertilizers and other industrial processing sectors. These products play an important role in enhancing process efficiency, improving operational reliability and supporting sustainable industrial practices. We cater to customers in both domestic and international markets. (Source: As per D&B report on Industrial Catalyst and Adsorbent). Our manufacturing operations are carried out at our facility located at Plot Nos. 213 to 218 and 233 to 237, Phase II, Ambawadi, GIDC, Wadhwan City, Surendranagar, Gujarat, India – 363030. The facility has the machinery and infrastructure required for manufacturing activities, and we follow standard operating procedures and internal quality checks to maintain consistency of output. Our total installed manufacturing capacity is 6,205.00 MT per annum.

Use of Proceeds

1. Funding the Capital Expenditure requirements towards setting up of a new manufacturing unit2. Funding the working capital requirements of our Company.3. General corporate purposes.