Devson Catalyst
UPCOMINGIPO Date: 9 Jul - 13 Jul 2026
Listing Date: 16 Jul 2026
Price Range
₹112 – ₹118
Issue Size
42 Cr
Min Investment
₹1,34,400
Lot Size
1200 Shares
Schedule of Devson Catalyst
Issue open date
9 Jul 2026
Issue close date
13 Jul 2026
UPI mandate deadline
13 Jul 2026 (5 PM)
Allotment finalization
14 Jul 2026
Share credit
15 Jul 2026
Listing date
16 Jul 2026
Mandate end date
28 Jul 2026
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 42 Cr |
| Fresh Issue | 0.33 Cr |
| Offer for Sale | 0.03 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 14 Jul 2026 |
| Allotment Link | {Link} |
Grey Market PremiumNew
Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | Ipo Price | GMP | Estimated Listing Price |
|---|---|---|---|
| 6 Jul 2026 | ₹118 | ₹46 | ₹164 (38.98%) |
| 5 Jul 2026 | ₹118 | ₹40 | ₹158 (33.9%) |
| 4 Jul 2026 | ₹118 | ₹19 | ₹137 (16.1%) |
| 3 Jul 2026 | ₹118 | ₹8 | ₹126 (6.78%) |
| 2 Jul 2026 | ₹118 | ₹8 | ₹126 (6.78%) |
Performance Devson Catalyst
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| ₹112 – ₹118 | .... | .... | .... |
About Devson Catalyst
Devson Catalyst Limited is an integrated manufacturer of catalysts, adsorbents, and ceramic balls used in refining, petrochemical, fertiliser, steel, oil & gas, and other industrial processing applications. The company operates an ISO 9001:2015 and ISO 45001:2018 certified manufacturing facility at Surendranagar, Gujarat, with an installed capacity of approximately 6,205 MT per annum. Its products enhance industrial process efficiency by accelerating chemical reactions, removing impurities from gases and liquids, and supporting catalyst beds in reactors. The company serves customers in India and exports to more than 30 countries, generating revenue through the manufacture and sale of these industrial products.
| Founded in | 2004 |
| Managing director | Prahlad Devjibhai Shiyaniya |
| Parent organization |
Financial Overview
Strengths
- Diversified portfolio of catalysts, adsorbents, and ceramic balls catering to multiple industrial sectors.
- Strong export presence with customers across more than 30 countries.
- ISO-certified manufacturing facility supported by in-house quality control and R&D capabilities.
- Long-standing customer relationships in refinery, petrochemical, fertiliser, and steel industries.
Risks
- Demand depends on investment cycles in refinery, petrochemical, and heavy industries.
- Raw material price fluctuations can impact profit margins.
- Faces intense competition from domestic and international manufacturers.
- Revenue may be affected by customer concentration and delays in industrial projects.
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | N/A |
| Non-Institutional Investors (NIIs) | N/A |
| Retail Individual Investors (RIIs) | N/A |
| Employee | N/A |
| Total | N/A |