Devson Catalyst Limited
ListedSMEMaterials · 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
₹41
+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
Last updated 2 months ago
Overall Subscription
220.39x
Total Demand
QIB Multiplier
168.56x
Institutions & Funds
NII / HNI
261.58x
High Net-Worth
Retail (RII)
244.03x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 662,400 | 111,656,400 | 168.56x |
| NIB | 504,000 | 131,834,400 | 261.58x |
| HNIs(10L +) | 334,800 | 96,100,800 | 287.04x |
| HNIs (2-10L) | 169,200 | 35,733,600 | 211.19x |
| RETAIL | 1,176,000 | 286,975,200 | 244.03x |
| EMPLOYEES | 64,800 | 68,400 | 1.06x |
| Total | 2,911,200 | 662,368,800 | 220.39x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 103 | 0.00x |
| NIB | — | 18,907 | 0.00x |
| RETAIL | 490 | 119,573 | 244.03x |
| EMPLOYEES | — | 19 | 0.00x |
| HNIs(10L +) | 93 | 9,509 | 102.25x |
| HNIs (2-10L) | 47 | 9,398 | 199.96x |
| Shareholder | — | — | 0.00x |
| Total Applications | 630 | 157,509 | 250.01x |
Day-Wise Subscription Progress
About Devson Catalyst Limited Public Issue & Market Profile
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.
Bidding & Quota Instructions:
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.
Allotment Reconciliation Schedule:
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.
Frequently Asked Questions
What is the issue size and price band for Devson Catalyst Limited IPO?
The Devson Catalyst Limited IPO aggregate issue size is ₹35,88,000 Crores with an equity price band set at ₹112 to ₹118 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,41,600.
How can I check Devson Catalyst Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. You can track QIB, NII/HNI, and Retail category multiples directly on our dedicated live subscription page.
Where will Devson Catalyst Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2026-07-14.