Devson Catalyst IPO Review 2026: Listing Dates, Allotment, GMP & Overview
Devson Catalyst Limited is an indigenous manufacturer of catalysts, adsorbents and ceramic balls used in industrial processing applications across sectors such as oil & gas refining, petrochemicals, fertilizers, steel and specialty chemicals.
The company operates a manufacturing facility located at Wadhwan City, Surendranagar, Gujarat with an installed manufacturing capacity of approximately 6,205 MT per annum. Its products help improve process efficiency, operational reliability and sustainability for industrial customers.
The company follows a pure business-to-business (B2B) operating model and serves both domestic and international customers with customized industrial solutions.
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Devson Catalyst IPO Details
| IPO Opening Date | July 9, 2026 |
| IPO Closing Date | July 13, 2026 |
| Listing Date | July 16, 2026 (Tentative) |
| Issue Type | Book Built IPO |
| Price Band | ₹112 to ₹118 per share |
| Face Value | ₹10 per share |
| Lot Size | 1,200 Shares |
| Issue Size | 35,88,000 Shares aggregating to ₹42.34 Crore |
| Fresh Issue | 33,38,000 Shares aggregating to ₹39.39 Crore |
| Offer For Sale | 2,50,000 Shares aggregating to ₹2.95 Crore |
| Market Maker Portion | 1,80,000 Shares |
| Net Issue to Public | 34,08,000 Shares |
| Listing Exchange | BSE SME |
| Lead Manager | JJ IPO Advisors Pvt. Ltd. |
| Registrar | MUFG Intime India Pvt. Ltd. |
| Market Maker | MNM Stock Broking Pvt. Ltd. |
| Pre-Issue Share Capital | 1,02,50,000 Shares |
| Post-Issue Share Capital | 1,35,88,000 Shares |
| Pre-Issue Market Capitalisation | ₹160.34 Crore |
Devson Catalyst IPO Timeline
| IPO Opens | July 9, 2026 |
| IPO Closes | July 13, 2026 |
| Basis of Allotment | July 14, 2026 |
| Refund Initiation | July 15, 2026 |
| Credit of Shares | July 15, 2026 |
| Listing Date | July 16, 2026 |
Product Portfolio
- Catalysts: Materials that accelerate chemical reactions without undergoing permanent change during the process.
- Adsorbents: Materials designed to remove impurities and contaminants from gases and liquids through surface adsorption.
- Ceramic Balls: High-strength ceramic media used in reactors, towers and industrial processing equipment.
Industry Applications
- Oil Refineries
- Petrochemical Plants
- Fertilizer Manufacturing
- Steel Industry
- Gas Processing Plants
- Industrial Chemical Processing Units
Key Strengths
- Established manufacturer of critical industrial process materials.
- Diversified customer base across multiple industrial sectors.
- Dedicated manufacturing facility with 6,205 MT annual capacity.
- Strong presence in both domestic and export markets.
- Customized product offerings for institutional customers.
- B2B business model supporting predictable demand and supply chain planning.
IPO Allotment & Application Status
Registrar: MUFG Intime India Pvt.Ltd.
- BSE Bid Status: https://www.bseindia.com/investors/appli_check.aspx
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Frequently Asked Questions (FAQs)
When will Devson Catalyst IPO open for subscription?
The IPO opens on July 9, 2026 and closes on July 13, 2026.
What is the price band of Devson Catalyst IPO?
The price band has been fixed at ₹112 to ₹118 per equity share.
What is the minimum investment required for retail investors?
Retail investors need to apply for a minimum of two lots comprising 2,400 shares amounting to ₹2,83,200 at the upper price band.
Where will Devson Catalyst shares be listed?
The shares are proposed to be listed on the BSE SME platform.
What does Devson Catalyst Limited manufacture?
The company manufactures catalysts, adsorbents and ceramic balls used in industrial process applications.
Which industries use Devson Catalyst products?
The company's products are used in oil refining, petrochemicals, fertilizers, steel manufacturing and various industrial processing sectors.
How many employees does the company have?
As of May 31, 2026, Devson Catalyst Limited employed 56 permanent employees.
Investor Education Hub: Everything You Need to Know About IPOs
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