DEVSON · BSE · Chemical sector
Devson Catalyst IPO listed on 16 Jul 2026 on BSE at ₹196.15, a gain of 66.23% over the issue price of ₹118.00. The IPO was subscribed 220.35x overall.
Devson Catalyst IPO tentative timeline covering IPO opening, closing, basis of allotment, refunds, demat credit, and listing dates.
| Event | Date |
|---|---|
| IPO Open Date | 09 Jul 2026 |
| IPO Close Date | 13 Jul 2026 |
| Basis of Allotment | 14 Jul 2026 |
| Initiation of Refunds | 15 Jul 2026 |
| Credit of Shares to Demat | 15 Jul 2026 |
| Listing Date | 16 Jul 2026 |
Listing day gain
+66.23%
Listed at ₹196.15 (issue ₹118)
Issue
₹118
Listing
₹196.15
Current
₹205.95
+74.53% vs issue
Day range
₹186.35 – ₹205.95
Issue Size
3,588,000 shares
(aggregating up to ₹42.00 Cr)
Issue Price
₹112 – ₹118
Face Value
₹10/share
Market Lot
1,200 shares
Retail Min Investment
₹283,200
Listing At
BSE
Sale Type
both
Fresh Issue
3,158,000 shares
(aggregating up to ₹37 Cr)
Offer for Sale
250,000 shares
(aggregating up to ₹3 Cr)
Reserved for Market Maker
180,000 shares
(aggregating up to ₹2.00 Cr)
Issue Type
book building
Open Date
09 Jul
Close Date
13 Jul
Allotment
14 Jul
Listing
16 Jul
Last updated: 2 months ago
| Date | IPO Issue Price (₹) | GMP (₹) | Est. Listing Price (₹) | Est. Profit Amount (₹) | Est. Profit % | Last Updated |
|---|---|---|---|---|---|---|
| 15 Jul 2026 Latest | ₹118 | ₹49 | ₹167 | ₹49 |
41.53%
|
10:56 PM |
| 15 Jul 2026 | ₹118 | ₹49 | ₹167 | ₹49 |
41.53%
|
6:51 PM |
Showing the 2 most recent GMP entries.
View full GMP historyLatest snapshot: 13 Jul 2026
| Category | Subscribed (x) | No. of Applications |
|---|---|---|
| QIB | 168.56x | - |
| NII | 261.22x | - |
| bNII (bids above ₹10L) | 286.5x | - |
| sNII (bids below ₹10L) | 211.19x | - |
| Employees | 1.06x | - |
| Individual Investors | 244.08x | - |
| Total | 220.35x | - |
Showing the latest subscription snapshot.
View full subscription historyNew to lot sizes and investment limits? Read our guide on IPO lot size and minimum investment.
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | ₹283,200 |
| Retail (Max) | 2 | 2,400 | ₹283,200 |
| S-HNI (Min) | 3 | 3,600 | ₹424,800 |
| S-HNI (Max) | 7 | 8,400 | ₹991,200 |
| B-HNI (Min) | 8 | 9,600 | ₹1,132,800 |
Want to understand how IPO shares are divided between investor categories? Read our guide on IPO reservation structure.
| Category | Shares Offered |
|---|---|
| QIB Shares Offered | 1,663,200 (46.35%) |
|
•
Anchor Investor Shares Offered
|
1,000,800 (27.89%) |
|
•
QIB (Ex. Anchor) Shares Offered
|
662,400 (18.46%) |
| NII (HNI) Shares Offered | 504,000 (14.05%) |
|
•
bNII > ₹10L
|
334,800 (9.33%) |
|
•
sNII < ₹10L
|
169,200 (4.72%) |
| Individual Investors Shares Offered | 1,176,000 (32.78%) |
| Employees Shares Offered | 64,800 (1.81%) |
| Market Maker Shares Offered | 180,000 (5.01%) |
| Total Shares Offered | 3,588,000 (100.00%) |
Incorporated in September 2004, Devson Catalyst Limited has built a stellar twenty-year legacy as a highly specialized, indigenous manufacturer in India’s heavy chemical and processing sector. Headquartered in Gujarat, the company operates an advanced manufacturing facility within the GIDC industrial zone in Wadhwan, Surendranagar, boasting a robust annual production capacity exceeding 6,200 metric tonnes. Devson occupies a critical, tech-heavy niche, engineering specialized chemical catalysts, advanced industrial adsorbents, and high-performance inert ceramic bed supports. Rather than dealing in mass-market consumer goods, the firm operates behind the scenes to supply core materials that drive process efficiency, accelerate chemical synthesis, and eliminate harsh impurities across vital national sectors—including oil refining, petrochemicals, fertilizers, environmental emission control, and steel production. Notably, their proprietary chloride and sulphur guard lines protect sensitive downstream refinery networks from irreversible contamination.
Standalone · ₹ in Crores
| Particulars | FY 2024 | FY 2025 | FY 2026 |
|---|---|---|---|
| Total Revenue | 43.75 | 53.54 | 56.84 |
| Profit After Tax (PAT) | 4.08 | 7.67 | 12.52 |
| EBITDA | 6.69 | 10.93 | 16.76 |
| Total Assets | 21.49 | 27.38 | 41.63 |
| Net Worth | 13.36 | 20.98 | 33.5 |
| Reserves & Surplus | 13.06 | 20.73 | 23.25 |
| Total Borrowing | 4.17 | 2.78 | - |
Revenue & Profit Trend
The basis of allotment for Devson Catalyst IPO was finalised on 14 Jul 2026. You can check your allotment status using your PAN number or application number on the MUFG Intime India Pvt.Ltd portal or BSE.
The Devson Catalyst IPO is expected to open in Jul 2026, subject to SEBI approval. Final dates will be updated once announced officially.
The price band for Devson Catalyst IPO is ₹112.00 - ₹118.00 per share.
As per market sources, Devson Catalyst IPO GMP is currently ₹49.00. GMP is tracked daily in the grey market. GMP indicates unofficial demand but does not guarantee listing gains.
The subscription status for Devson Catalyst IPO stands at 220.35x overall.
The listing date for Devson Catalyst IPO is 16 Jul 2026.
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