
✓
Open
9 Jul 2026
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Close
13 Jul 2026
3
Allotment
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Listing
Thu, Jul 16, 2026
Price Band
₹112 to ₹118
Issue Size
35,88,000 shares (agg. up to ₹42 Cr)
Lot Size
1,200 Shares
Listing Date
Thu, Jul 16, 2026
Latest GMP
₹49
Est. Gain
41.53%
✦ AI Insight
GMP Trend
16-07-2026₹49Est. ₹167+41.53%
15-07-2026₹49Est. ₹167+41.53%
14-07-2026₹51Est. ₹169+43.22%
13-07-2026₹49Est. ₹167+41.53%
12-07-2026₹45Est. ₹163+38.14%
11-07-2026₹45Est. ₹163+38.14%
10-07-2026₹45Est. ₹163+38.14%
Live Subscription
| Category | Subscription (times) |
|---|---|
| QIB | 168.56x |
| NII | 261.22x |
| Retail | 244.08x |
| Employee | 1.06x |
| Total | 155.64x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 41.63 | 27.38 | 21.49 |
| Total Income | 56.84 | 53.54 | 43.75 |
| Profit After Tax | 12.52 | 7.67 | 4.08 |
| EBITDA | 16.76 | 10.93 | 6.69 |
| NET Worth | 33.50 | 20.98 | 13.36 |
| Reserves and Surplus | 23.25 | 20.73 | 13.06 |
| Total Borrowing | 2.78 | 4.17 | |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Vahh Chemicals Ltd. | SME | ₹13.45 Cr | ₹60 | 7.15 | ₹66.50 | +10.83% | ₹52.42 (-0.25%) |
| Biopol Chemicals Ltd. | SME | ₹31.26 Cr | ₹108 | 19.73 | ₹105.50 | -2.31% | ₹97.45 (+3.67%) |
| Neochem Bio Solutions Ltd. | SME | ₹44.97 Cr | ₹98 | 15.85 | ₹111.80 | +14.08% | ₹85.20 (-4.38%) |
| Speb Adhesives Ltd. | SME | ₹33.73 Cr | ₹56 | 16.73 | ₹57.00 | +1.79% | ₹87.00 (-2.25%) |
| SK Minerals & Additives Ltd. | SME | ₹41.15 Cr | ₹127 | 10.45 | ₹152.25 | +19.88% | ₹473.75 (-2.62%) |
| Shlokka Dyes Ltd. | SME | ₹57.79 Cr | ₹91 | 13.69 | ₹85.50 | -6.04% | ₹22.39 (-4.97%) |
| Snehaa Organics Ltd. | SME | ₹32.68 Cr | ₹122 | 12.47 | ₹115.90 | -5.00% | ₹47.30 (-4.92%) |
| Renol Polychem Ltd. | SME | ₹25.77 Cr | ₹105 | 11.54 | ₹99.75 | -5.00% | ₹78.00 (+4.21%) |
| Mehul Colours Ltd. | SME | ₹21.66 Cr | ₹72 | 9.87 | ₹86.03 | +19.49% | ₹58.00 (-3.33%) |
| Patel Chem Specialities Ltd. | SME | ₹58.80 Cr | ₹84 | 14.21 | ₹104.50 | +24.40% | ₹91.05 (+0.05%) |
| Sudeep Pharma Ltd. | Mainboard | ₹895.00 Cr | ₹593 | 47.61 | ₹774.15 | +30.55% | ₹825.15 (+1.50%) |
| Gem Aromatics Ltd. | Mainboard | ₹451.25 Cr | ₹325 | 28.52 | ₹319.05 | -1.83% | ₹178.10 (+0.11%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the Capital Expenditure requirements towards setting up of a new manufacturing unit | 17.40 |
| 2 | Funding the working capital requirements of the Company | 12.00 |
| 3 | General corporate purposes | 5.69 |
| 4 | Issue Expenses | 4.63 |
| Total | 39.71 |
About Devson Catalyst 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 institution
Contact Details
Devson Catalyst Ltd. AddressPlot No 213 To 218 and 233 To 237,Phase II, Ambawadi, GIDCWadhwancity,Surendranagar, Gujarat, 36303091 7201010244info@devsongroup.comVisit Website