IPO - Initial Public Offerings

 DEVSON

  

DEVSON CATALYST LTD. IPO

09 Jul, 10:00 AM

Issue Open

13 Jul, 05:00 PM

Issue Close

1200

Lot Size

₹ 112.00 – ₹ 118.00

Price Range

IPO Issue Details

Issue size 42.00 Cr
Market Price 118.00
Registrar MUFG Intime India Pvt.Ltd
Face Value RS.10 /- Per share
Listing at BSE

About

DEVSON CATALYST LTD. IPO
Devson Catalyst Limited is an indigenous manufacturer of catalysts, adsorbents and ceramic balls used as key materials in various industrial processes The company operates a manufacturing facility in Gujarat with an annual production capacity of around 6,205 metric tons. Its products are supplied to industries such as oil and gas refineries, petrochemicals, steel, fertilizers, and other industrial processing sectors. These materials help improve process efficiency, increase operational reliability, and support more sustainable industrial operations. The company serves customers in both domestic and international markets. The manufacturing unit is located at Plot Nos. 213 to 218 and 233 to 237, Phase II, Ambawadi, GIDC, Wadhwan City, Surendranagar, Gujarat – 363030, India. The facility is equipped with the necessary machinery and infrastructure for production, and the company follows standard operating procedures and internal quality checks to maintain consistent product quality. The facility's total installed manufacturing capacity is 6,205 MT per year. Devson Catalyst Limited operates entirely in thebusiness-to-business (B2B)segment. Its products are supplied mainly to institutional and industrial customers, and the company does not sell directly to individual consumers. This B2B model helps the company plan production and manage its supply chain according to the specific requirements of industrial clients, including product specifications, order schedules, and delivery timelines. Products: Catalyst: A substance that speeds up the chemical reaction without being consumed or permanently changed itself. Adsorbent: It removes unwanted substances from air, gas or liquids by making them stick to its surface. Ceramic Balls: It is a small, hard sphere made from ceramic material that is placed inside industrial reactors and towers. As of May 31, 2026, the company had 56 permanent employees.

IPO Lot Size

Category Lots Shares Amount
Retail (Min) 2 2400 ₹ 2,83,200.00
Retail (Max) 2 2400 ₹ 2,83,200.00
S-HNI (Min) 3 3600 ₹ 4,24,800.00
S-HNI (Max) 8 9600 ₹ 11,32,800.00
B-HNI (Min) 9 10800 ₹ 12,74,400.00

IPO TimeLine

Open Date 09-Jul-2026
Close Date 13-Jul-2026
Basis of Allotment Date 14-Jul-2026
Initiation of Refunds 15-Jul-2026
Credit Shares to Demat A/c 15-Jul-2026
IPO Listing Date 16-Jul-2026