IPO Update: Devson Catalyst Gains 66%, Two Issues Open Today on NSE/BSE | 17 Jul 2026, 10:00 AM IST
By ThePip DeskTwo IPOs, Caliber Mining and Sotefin Bharat, are currently open for subscription on NSE/BSE. Devson Catalyst Ltd. saw a significant listing gain of +66.23% yesterday.
The Indian primary market remains active this Friday, July 17, 2026, with two initial public offerings currently open for subscription. Investors are also reviewing a series of recent listings, including some notable gains and a few that debuted without immediate price movements. Looking ahead, the pipeline for the coming week features several new issues across various sectors.
Open for Subscription
Today marks the opening of Caliber Mining and Logistics Ltd.’s IPO, joining Sotefin Bharat Ltd. which opened yesterday. Both issues provide opportunities for retail investors to participate with minimal investment requirements.
| Company | Issue Price | Min. Investment | Subscription Window |
|---|---|---|---|
| Caliber Mining and Logistics Ltd. | ₹424 per share | ₹424 (1 share at ₹424) | 2026-07-17 → 2026-07-21 |
| Sotefin Bharat Ltd. | ₹187 per share | ₹187 (1 share at ₹187) | 2026-07-16 → 2026-07-20 |
Recent Listings
The past week has seen a flurry of new listings on the exchanges. Devson Catalyst Ltd. led the pack with a substantial debut gain, while several other companies also delivered positive returns for investors. Some issues listed without immediate price data available, indicating a stable opening.
| Company | Issue Price | Listing Price | Gain/Loss | Per-Lot Gain/Loss |
|---|---|---|---|---|
| Devson Catalyst Ltd. | ₹118 | ₹196.15 | +66.23% | ₹78.15 |
| Laser Power & Infra Ltd. | ₹214 | ₹269 | +25.70% | ₹55 |
| Happy Steels Ltd. | ₹66 | N/A | N/A | N/A |
| Kusumgar Ltd. | ₹419 | ₹574 | +36.99% | ₹155 |
| IC Electricals Company Ltd. | ₹99 | N/A | N/A | N/A |
| 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 |
| Teja Engineering Industries Ltd. | ₹220 | N/A | N/A | N/A |
Upcoming IPOs
The primary market pipeline indicates continued activity with several new issues expected to open for subscription next week. These upcoming IPOs span across different sectors, offering a diverse range of investment opportunities for interested participants.
| Company | Issue Price | Min. Investment | Expected Dates |
|---|---|---|---|
| Cube Highways Trust | ₹152 per share | ₹152 (1 share at ₹152) | 2026-07-22 → 2026-07-24 |
| Shree Balaji (Mala) Textiles Ltd. | ₹70 per share | ₹70 (1 share at ₹70) | 2026-07-22 → 2026-07-24 |
| Metalic Technoforge Ltd. | ₹77 per share | ₹77 (1 share at ₹77) | 2026-07-21 → 2026-07-23 |
| Gulf Lloyds (India) Ltd. | ₹100 per share | ₹100 (1 share at ₹100) | 2026-07-20 → 2026-07-22 |
With two IPOs currently open and four more anticipated next week, the Indian primary market maintains a steady pace. Investors are encouraged to review the details of each offering to align with their investment strategies.