Devson Catalyst Ltd IPO - Check Issue Date, Price, Lot Size & Details with BlinkX.

Devson Catalyst Ltd IPO

Devson Catalyst Limited is an ISO 9001:2015 and ISO 45001:2018 certified company and 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 approximately 6,205.00 metric tons.

Devson Catalyst Ltd IPO Details

Total Shares Offered

₹ 35,88,000

Offer to Public

2,50,000

Retail Max (Shares)

₹ 11,76,000

Pre Issue Promoters Holding

₹ 1,02,50,000

Exchange

BSE

Issue size

₹ 42.34 Cr

IPO Open Date

Jul 9, 2026

Close Date

Jul 13, 2026

Lot Size

2400

Min Investment

₹ 2,68,800

Issue Type

Book Building - SME

Listing Date

Jul 16, 2026

Devson Catalyst Ltd IPO Dates

Jul 9, 2026

Opening date

Jul 13, 2026

Closing date

Jul 14, 2026

Basis of Allotment

Jul 15, 2026

Initiation of Refunds

Jul 15, 2026

Credit of Shares

Jul 16, 2026

Listing date

Details

Sector	Type
Sector	Miscellaneous
Sub Sector	NA
Issue Type	Book Building - SME

Subscription Status

*Values are in Lakhs

Investor Type	Subscription Times	Shares Offered*
QIB	0x	1663200
NII	0x	504000
Retail	0x	1176000
Employee	0x	64800
Total	0x	3588000

Investor Type

QIB

NII

Retail

Employee

Total

Subscription Times

1663200

504000

1176000

64800

3588000

Devson Catalyst Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)

Particulars (in Rs. Crores)	FY23	FY22	FY21
Revenue from operations	10.90	6.07	3.48
EBITDA	11.42	6.46	3.80
PAT	7.67	4.08	2.34
Total Assets	17.35	13.52	10.56
Share Capital	0.25	0.25	0.25
Total Borrowings	1.60	4.75	1.23
Operating Activities (Net Cash)	8.19	4.47	2.66
Investing Activities (Net Cash)	1.70	0.00	0.00
Financing Activities (Net Cash)	1.60	4.75	1.23
Net Cashflow	1.26	1.16	0.94

About Devson Catalyst Ltd

Our Company was originally incorporated as 'Devson Insulators Private Limited as a Private Limited Company under the Provisions of the Companies Act, 1956 vide Certificate of Incorporation dated September 10, 2004 from the Registrar of Companies, Gujarat, Dadra & Nagar Haveli. Later, the name of our company was changed from 'Devson Insulators Private Limited to Devson Catalyst Private Limited pursuant to a resolution passed in the Extra Ordinary General Meeting held on June 16, 2017 and fresh Certificate of Incorporation was issued by Registrar of Companies, Ahmedabad on July 12, 2017. Further, pursuant to special resolution passed by the members in the Extra Ordinary General Meeting dated October 27, 2025, our company has been converted from Private limited to Public Limited and a fresh Certificate of Incorporation was issued by Registrar of Companies, Central Processing Centre on November 06, 2025. Consequently, the name of Company changed from Devson Catalyst Private Limited to Devson Catalyst Limited. The Corporate Identification Number of the Company is U31300GJ2004PLC044722.

India's industrial catalyst and adsorbent industry is a key enabler for sectors such as oil refining, petrochemicals, fertilizers, chemicals, and pharmaceuticals, where catalysts improve reaction efficiency, product yield, and environmental compliance. Demand is closely linked to capacity expansion in these industries as India strengthens its position as a global hub for refining and specialty chemical manufacturing. The industrial catalyst market in India is estimated to grow at a CAGR of approximately 6%-7% over FY2025-FY2031, supported by refinery modernization, petrochemical capacity additions, and stricter environmental regulations. Catalysts, adsorbents, and reactor support media such as activated alumina, molecular sieves, and inert ceramic balls are widely used in purification, dehydration, sulphur removal, and hydroprocessing applications. These materials enhance process efficiency, protect downstream equipment, and extend catalyst life in industrial operations. Increasing focus on cleaner fuels, emission control, and process optimization is further driving the adoption of advanced catalytic systems. As industrial production expands and environmental standards become more stringent, demand for specialized catalysts and adsorbents is expected to increase. Overall, the industry is positioned as a critical contributor to India's industrial efficiency and energy-transition objectives.

Peer Comparison:

No listed in Industry Peers

Devson Catalyst Ltd Key Points

Strengths

Indigenous manufacturer of Catalysts, Adsorbents and Ceramic balls in India.

Track record of profitability and consistent financial performance in an industry with significant entry barriers.

Strategically located Manufacturing Facilities with capabilities to handle multiple products lines.

Well-positioned in an industry with several entry barriers.

Strong customer base & relationship with global footprint.

Risk

The company revenues are concentrated among a limited number of customers, and the loss of one or more such customers, deterioration in their financial condition, or a reduction in their demand for its products could adversely affect the company business, results of operations, financial condition and cash flows.

The company dependence on a limited number of suppliers for procurement of key raw materials, and the absence of long-term supply contracts, may adversely affect its operations and financial performance.

The company business is significantly reliant on its ability to obtain orders through competitive bidding processes. Any inability to successfully secure new contracts, or the early termination of existing contracts, could has a material adverse effect on its business operations, financial position, and results of operations.

Strategy

Exploring and developing new catalysts adsorbents and ceramic balls to better serve our customers in domestic and international markets.

Expanding our customer base, increasing business share amongst existing customers and expanding to different geographies.

Operational Efficiency and Manufacturing Excellence.

How To Apply for Devson Catalyst Ltd IPO Online?

Step 1:

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Devson Catalyst Ltd IPO?

Devson Catalyst Ltd's IPO offers shares for up to 39.39 It begins on Jul 9, 2026 and ends on Jul 13, 2026.

What is the price of the Devson Catalyst Ltd IPO?

The price of Devson Catalyst Ltd IPO ranges between ₹112 to ₹118 per share.

What are the open and close dates for the Devson Catalyst Ltd IPO?

The Devson Catalyst Ltd IPO opens on Jul 9, 2026 and closes on Jul 13, 2026.

When will the Devson Catalyst Ltd IPO be allotted?

The allotment for the Devson Catalyst Ltd IPO will be finalised on Jul 14, 2026. The shares will be listed on BSE and NSE on Jul 16, 2026.

What is the minimum lot size required for Devson Catalyst Ltd IPO?

The minimum lot size for Devson Catalyst Ltd IPO is 2400 shares, priced between ₹112 to ₹118 per share.

What is the GMP of Devson Catalyst Ltd IPO?

The GMP (Grey Market Premium) of Devson Catalyst Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Devson Catalyst Ltd IPO?

To check the allotment status of Devson Catalyst Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Devson Catalyst Ltd IPO getting listed?

The Devson Catalyst Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Jul 9, 2026, and closes on Jul 13, 2026. The allotment is finalised on Jul 14, 2026.

How do you apply for the Devson Catalyst Ltd IPO?

To apply for the Devson Catalyst Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.