
Materials · BSE
Devson Catalyst Limited, incorporated in 2004, is engaged in the manufacturing of catalysts, adsorbents, and ceramic balls used across various industrial processing applications. Originally incorporated as Devson Insulators Private Limited, the company was renamed Devson Catalyst Private Limited in 2017 and converted into a public limited company in 2025. It operates an ISO 9001:2015 and ISO 45001:2018 certified manufacturing facility in Gujarat with an annual production capacity of around 6,205 metric tons. Its products help improve process efficiency, remove impurities, and support catalyst systems in industries such as oil & gas, petrochemicals, steel, and fertilizers. With a strong focus on quality, operational reliability, and sustainable manufacturing, Devson Catalyst serves both domestic and international customers through its specialized industrial product portfolio.
Price Band
₹112 – ₹118
Issue Size
₹358.80 L Cr
Lot Size
1200 shares
GMP
+34.8%
Est. Listing
₹159
at current GMP
Subscribed
220.39x
overall
Open
9 Jul 2026
Close
13 Jul 2026
Allotment
14 Jul 2026
Refund
15 Jul 2026
Demat Credit
16 Jul 2026
Listing
16 Jul 2026
Designated Registrar: Link Intime India Private Limited
Allotment Date
14 Jul 2026
Basis finalization
Refunds Initiate
15 Jul 2026
Mandate release
Demat Credit
16 Jul 2026
Shares in demat
Listing Debut
16 Jul 2026
Trading begins
Devson Catalyst Limited is bringing an initial public offering (IPO) in the Materials sector with an aggregate issue size of ₹35,88,000 Crores. The shares are offered at a price band of ₹112 to ₹118 per equity share on BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2026-07-13, the basis of allotment is scheduled to be finalized on 2026-07-14. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.