Devson Catalyst Ltd.
SMEBSE₹112–118
₹ 31 Cr
2400 Shares
₹ 2,68,800
₹10
Financial Summary
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| 5,577.59 | 5,319.21 | |
| 106.85 | 34.68 | |
| 5,684.44 | 5,353.89 | |
| 3,901.13 | 4,226.03 | |
| 1,683.19 | 1,037.96 | |
| 1,252.09 | 767.23 |
Subscription Details
Subscription
IPO Timeline
IPO Offer Start
9 Jul 2026
IPO Offer Ends
13 Jul 2026
16 Jul 2026
Use of Proceeds
| # | Purpose | Amount (₹ Million) |
|---|---|---|
| 1 | Funding the Capital Expenditure requirements towards setting up of a new manufacturing unit | 173.984 |
| 2 | Funding the working capital requirements of our Company | 120 |
| 3 | General corporate purposes | 56.853 |
Promoters
Book Running Lead Managers
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.
Devson Catalyst Ltd. Latest News
News
Devson Catalyst jumps on developing Ammonia Decomposition Catalyst
The company has received commercial orders for the newly developed product from NMDC and Tata Steel, following customer evaluation and approval
Devson Catalyst develops Ammonia Decomposition Catalyst
The company has received commercial orders for the newly developed product from NMDC and Tata Steel, following customer evaluation and approval
Devson Catalyst informs about change in management control
Devson Catalyst coming with IPO to raise up to Rs 42.34 crore
The issue will open on July 09, 2026 and will close on July 13, 2026
IPO FAQs
The Devson Catalyst Ltd. IPO has a total of ₹31 crore, calculated at the upper end of the .
The Devson Catalyst Ltd. IPO is priced at ₹112–118 per share. bids must fall within this , against a of ₹10 per share.
The for the Devson Catalyst Ltd. IPO is 2,400 shares, which is also the minimum order quantity — you have to apply for at least 2,400 shares, and in multiples of 2,400 beyond that.
The minimum investment in the Devson Catalyst Ltd. IPO is about ₹2,68,800 — one lot of 2,400 shares, calculated at the lower end of the .
Bidding at the cut-off or upper price raises the amount blocked in your account.
The Devson Catalyst Ltd. opens on 9 Jul 2026 and closes on 13 Jul 2026.
Applications have to be in before 5:00 PM IST on the closing day, and your UPI mandate needs to be approved by then as well.
Devson Catalyst Ltd. shares were listed on 16 Jul 2026 on BSE.
MUFG Intime India Pvt Ltd. is the for the Devson Catalyst Ltd. IPO.
The registrar processes the , refunds and the credit of shares to your demat account, so allotment-status queries go to them — phone +91 810 811 8484 and email rnt.helpdesk@in.mpms.mufg.com.
Devson Catalyst Ltd. IPO shares are listed on BSE.
Each Devson Catalyst Ltd. share has a of ₹10.
Face value is the nominal value recorded in the company's books and is separate from the issue price you pay.
held 100.00% of Devson Catalyst Ltd. before the IPO, which falls to 73.59% after the issue.
25,87,200 shares of Devson Catalyst Ltd. are being offered to the public in this issue.
The Devson Catalyst Ltd. IPO has been subscribed 205.06x overall — 168.56x, 192.74x, 244.03x and employees 1.06x.
figures update through the issue period until it closes.
- 1.Funding the Capital Expenditure requirements towards setting up of a new manufacturing unit
- 2.Funding the working capital requirements of our Company
- 3.General corporate purposes
JJ IPO Advisors Pvt Ltd. is the book running lead manager for the Devson Catalyst Ltd. IPO.
Pre-apply means placing your Devson Catalyst Ltd. application before the subscription window actually opens. The bid is held and forwarded to the exchange on the opening day, so you don't have to submit it in the rush of the first morning.
Applying early doesn't improve your chances — when an issue is oversubscribed, the for investors is decided by a lottery, not by who applied first. Your money is only blocked once the application reaches the exchange.
You can apply in the Devson Catalyst Ltd. IPO online using either UPI or ASBA as the payment method. ASBA applications are made through the net banking of a bank account that supports IPO applications — the bank blocks the amount in your account instead of debiting it. UPI applications are offered by brokers that don't provide banking services: you enter your UPI ID and then approve the mandate request in your UPI app.
Either route needs a demat account. You bid for at least one lot, at a price within the or at the cut-off price, and the money stays blocked in your bank account until the is finalised.
Your broker or bank confirms the bid once it has been submitted to the exchange, usually within a few minutes during the bidding window. A UPI application only goes live after you approve the mandate request — ignore it and the bid lapses, even though it looks placed.
You can check the Devson Catalyst Ltd. bid independently on the NSE or BSE IPO bid-verification page a day after applying. An ASBA application also shows up as a blocked amount in your bank statement.