Loading...
Guest User
Welcome! Please login.
| IPO Listing At | BSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹42.34 Cr |
| Reserved for Market Maker | ₹2.12 Cr |
| Net Issue Size | ₹42.34 Cr |
| Fresh Issue | ₹37.26 Cr |
| Offer for Sale | ₹2.95 Cr |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹112.00-118.00 per share |
| BSE Code | 544823 |
| Registrar | MUFG Intime India Pvt.Ltd. |
| Lead Managers | JJ IPO Advisors Pvt.Ltd. |
| Allotment Status |
| DRHP |
| RHP |
| Final Prospectus |
| Anchor List |
 ₹0 A/C OpeningFree MF ₹20F&O Trade ₹0Delivery 1Cr+Customers Open Free Account → |
 ₹0 A/C Opening₹0 AMC Trading Account ₹20F&O Trade ₹20Delivery FreeIPO Apply Open Free Account → |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
Minimum bid: 2,400 shares · Multiples of 1,200 shares
Devson Catalyst IPO comprises a total issue size of 35,88,000 shares. The net offer to the public is 33,43,200 shares, after excluding 1,80,000 shares allotted on a firm basis and 64,800 shares under a preferential allotment. Of the Net offer 16,63,200 (49.75%) are allocated to QIB, 5,04,000 (15.08%) allocated to NII 11,76,000 (35.18%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 16,63,200 | 49.75% | 46.35% |
| − Anchor Investor Shares Offered | 10,00,800 | 27.89% | |
| − QIB (Ex. Anchor) Shares Offered | 6,62,400 | 18.46% | |
| NII (HNI) Shares Offered | 5,04,000 | 15.08% | 14.05% |
| − bNII > ₹10L | 3,34,800 | 9.33% | |
| − sNII < ₹10L | 1,69,200 | 4.72% | |
| Retail Shares Offered | 11,76,000 | 35.18% | 32.78% |
| Preferential Reservations | |||
| Employee Shares Offered | 64,800 | 1.81% | |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,80,000 | 5.02% | |
| Total Shares Offered | 35,88,000 | 100.00% | 100.00% |
Devson Catalyst Limited is an indigenous manufacturer of catalysts, adsorbents, and ceramic balls used in various industrial processes across sectors such as oil & gas refineries, petrochemicals, steel, fertilizers, and other process industries.
The company operates a manufacturing facility located in Wadhwan, Gujarat, with an installed production capacity of approximately 6,205 metric tons per annum. Its products are designed to enhance process efficiency, improve operational reliability, and support sustainable industrial operations. Devson Catalyst serves both domestic and international customers through a business-to-business (B2B) model, supplying primarily to institutional and industrial clients based on their specific technical requirements. The company’s manufacturing facility is equipped with the necessary infrastructure and machinery, supported by standard operating procedures and quality control measures to ensure consistent product quality and performance.
Competitive Strengths
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | 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 |
Devson Catalyst Ltd.'s revenue increased by 6% and profit after tax (PAT) rose by 63% between the financial year ending with March 31, 2026 and March 31, 2025.
| 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 | |||
| KPI | Mar 31, 2026 |
|---|---|
| ROE | 45.97% |
| ROCE | 47.60% |
| Debt / Equity | 0.07% |
| RoNW | 37.38% |
| EBITDA Margin | 29.49% |
| Price to Book Value | 5.76 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 12.22 | 9.21 |
| P/E (x) | 9.66 | 12.81 |
| Promoter Holding | 100% | 74.97% |
| Market Cap | ₹160.34 Cr. | |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees payable to Book Running Lead Manager | 0.35 |
| 2 | Fees payable to the Registrar to the Offer | 0.04 |
| 3 | Fees payable for Advertising and Publishing Expense | 0.20 |
| 4 | Fees payable to Regulators including Stock Exchange & Depositories | 0.07 |
| 5 | Payment for Printing & Stationary, Postage etc | 0.02 |
| 6 | Fees payable to Auditors, Legal Advisors & other Professionals | 0.17 |
| 7 | Other Expense including Fees payable for Marketing & distribution expenses, Sponsor Bank/Banker(s) to the Offer, Underwriting fees, Selling Commission, Brokerage,, Depositories Fees Processing Fees, Independent Chartered Engineers, Depository Participant, Industry Report, Monitoring Agency, Processing Fees | 3.79 |
| Total | 4.63 |
Last Updated on 16-Jul-2026 09:47:50
Be the first to comment.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
