Devson Catalyst Limited IPO | Key Dates, Price Band, and Lot Size
The price band is set at ₹112 – ₹118 per share, and the lot size is 1,200 shares. Individual investors must apply for a minimum of 2 lots (2,400 shares), amounting to ₹2,83,200 at the upper band. sNII investors must apply for a minimum of 3 lots (3,600 shares), amounting to ₹4,24,800, while bNII investors must apply for a minimum of 8 lots (9,600 shares), amounting to ₹11,32,800.
Devson Catalyst Limited | IPO Details
| Detail | Information |
|---|---|
| IPO Opening Date | July 9, 2026 |
| IPO Closing Date | July 13, 2026 |
| Tentative IPO Listing Date | July 16, 2026 |
| Face Value | ₹10 per share |
| Price Band | ₹112 – ₹118 per share |
| Lot Size | 1,200 shares |
| Total Issue Size | 35,88,000 shares (₹42 Cr) |
| Fresh Issue (Ex. Market Maker) | 31,58,000 shares (₹37 Cr) |
| Offer for Sale (OFS) | 2,50,000 shares (₹3 Cr) |
| Market Maker Reservation | 1,80,000 shares – MNM Stock Broking Pvt. Ltd. |
| Net Offered to Public | 34,08,000 shares (₹40 Cr) |
| IPO Segment | SME – Book Building |
| Listing At | BSE SME |
| Shareholding Pre-Issue | 1,02,50,000 shares |
| Shareholding Post-Issue | 1,35,88,000 shares |
| Market Cap (Pre-IPO) | ₹160.34 Cr |
Devson Catalyst Limited | Company Overview
Devson Catalyst Limited is an indigenous manufacturer of catalysts, adsorbents, and ceramic balls — key materials used in various industrial processes. The company operates a manufacturing facility at GIDC, Wadhwan City, Surendranagar, Gujarat, with an annual production capacity of approximately 6,205 metric tons.
Its products are supplied to industries including oil and gas refineries, petrochemicals, steel, fertilisers, and other industrial processing sectors, helping improve process efficiency, operational reliability, and sustainability. The company operates exclusively in the B2B segment, serving institutional and industrial customers across domestic and international markets.
As of May 31, 2026, Devson Catalyst Limited had 56 permanent employees. The company has delivered consistent profitability and operates in an industry characterised by significant entry barriers, which supports long-term business stability.
Devson Catalyst Limited | Key Dates (IPO Timetable)
Devson Catalyst IPO | Lot Size & Investment
Investors can bid for a minimum of 2 lots (2,400 shares) and in multiples of 1,200 shares thereafter.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual Investors (Min) | 2 | 2,400 | ₹2,83,200 |
| Individual Investors (Max) | 2 | 2,400 | ₹2,83,200 |
| S-HNI (Min) | 3 | 3,600 | ₹4,24,800 |
| S-HNI (Max) | 7 | 8,400 | ₹9,91,200 |
| B-HNI (Min) | 8 | 9,600 | ₹11,32,800 |
| Employee (Min) | 2 | 2,400 | ₹2,83,200 |
| Employee (Max) | 3 | 3,600 | ₹4,24,800 |
Investor Category Reservations
| Application Category | Bidding Limits | Cut-off |
|---|---|---|
| Individual Investor (Retail) | 2 lots only | No |
| sNII | 3 lots – 7 lots | No |
| bNII | 8 lots and above | No |
| Employee | 2 lots – 3 lots | No |
Shares are reserved as follows: 49.75% of the Net Offer for QIBs (including anchor investors), 35.18% for Retail investors, and 15.08% for NII investors. 1,80,000 shares are separately reserved for the market maker on a firm allotment basis.
Devson Catalyst Limited | Financial Overview
Devson Catalyst Limited’s revenue increased by 6% and profit after tax (PAT) rose by 63% between the financial years ending March 31, 2026 and March 31, 2025. The company also became debt-free in FY26, with total borrowings reducing to zero from ₹2.78 crore in FY25.
Here’s a snapshot of its year-on-year financial performance (₹ Crore):
| Detail | 31-Mar-26 | 31-Mar-25 | Change | Change % |
|---|---|---|---|---|
| Assets | 41.63 | 27.38 | +14.25 | +52.04% |
| Total Income | 56.84 | 53.54 | +3.30 | +6.16% |
| Profit After Tax | 12.52 | 7.67 | +4.85 | +63.23% |
| EBITDA | 16.76 | 10.93 | +5.83 | +53.34% |
| Net Worth | 33.50 | 20.98 | +12.52 | +59.68% |
| Reserves & Surplus | 23.25 | 20.73 | +2.52 | +12.15% |
| Total Borrowing | 0 | 2.78 | -2.78 | -100.00% |
Devson Catalyst IPO | FAQs
When does the Devson Catalyst IPO open and close?
The Devson Catalyst IPO opens on July 9, 2026, and closes on July 13, 2026.
What is the price band and lot size for the Devson Catalyst IPO?
The price band for the Devson Catalyst IPO is ₹112 – ₹118 per share, and the lot size is 1,200 shares. Individual investors must apply for a minimum of 2 lots (2,400 shares), amounting to ₹2,83,200 at the upper band.
How can I check the allotment status of the Devson Catalyst IPO?
You can check the Devson Catalyst IPO allotment status on the registrar’s website, MUFG Intime India Pvt. Ltd., using your PAN, Application Number, or DP ID. Allotment status can also be verified on the BSE website.
Who is the registrar for the Devson Catalyst IPO?
The registrar for the Devson Catalyst IPO is MUFG Intime India Pvt. Ltd.
What is the refund and Demat credit date for the Devson Catalyst IPO?
Devson Catalyst IPO refunds will be initiated on July 15, 2026, and shares will be credited to Demat accounts on the same day.
What is the face value of Devson Catalyst IPO shares?
The face value of shares under the Devson Catalyst IPO is ₹10 per share.
How many shares are being offered in the Devson Catalyst IPO?
The Devson Catalyst IPO has a total issue size of 35,88,000 shares, comprising 31,58,000 fresh issue shares (excluding market maker), 2,50,000 OFS shares, and 1,80,000 shares reserved for the market maker.
What is the IPO segment for Devson Catalyst?
The Devson Catalyst IPO is an SME book-building issue, listing on the BSE SME platform.