Devson Catalyst Limited
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₹41(34.75%)
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Devson Catalyst Limited's has transitioned to a publicly listed entity following its IPO debut on Jul 16, 2026 at the BSE exchange. The public offering successfully raised 35,88,000 Shares, consisting of 33,38,000 Sharesin new capital and ₹2.95 Cr in existing shareholder sales.
The IPO featured a competitive price range of ₹112 to ₹118 and minimum application size of 1200 shares. Market reception was evidenced through subscription activity between Jul 09, 2026 and Jul 13, 2026, reflecting investor appetite for the offering.
Allotment of shares was completed on Jul 14, 2026, distributing equity to successful applicants. The listing marked the beginning of the company's journey as a publicly traded corporation, subject to market dynamics and regulatory oversight.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Devson Catalyst Limited, incorporated in 2004, is engaged in the manufacturing of catalysts, adsorbents, and ceramic balls used across various industrial processing applications. Originally incorporated as Devson Insulators Private Limited, the company was renamed Devson Catalyst Private Limited in 2017 and converted into a public limited company in 2025. It operates an ISO 9001:2015 and ISO 45001:2018 certified manufacturing facility in Gujarat with an annual production capacity of around 6,205 metric tons. Its products help improve process efficiency, remove impurities, and support catalyst systems in industries such as oil & gas, petrochemicals, steel, and fertilizers. With a strong focus on quality, operational reliability, and sustainable manufacturing, Devson Catalyst serves both domestic and international customers through its specialized industrial product portfolio.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Specialized Chemical Manufacturing: Engaged in manufacturing specialty and industrial chemicals, catering to diverse industrial applications.
- Diversified Customer Base: Serves multiple industries, reducing dependence on a single sector and supporting stable revenue generation.
- Growing Industry Demand: Rising demand for specialty chemicals and domestic manufacturing supports long-term business growth.
- Raw Material Price Volatility: Fluctuations in chemical input costs can directly impact profit margins and overall profitability.
- Regulatory Compliance Risk: Operations are subject to strict environmental, safety, and quality regulations, increasing compliance requirements.
- Working Capital Intensive Operations: Requires continuous investment in raw materials, production, and inventory management, affecting cash flow.
- Pratapbhai Devjibhai Siyania
- Prahladbhai Devjibhai Shiyaniya
- Patel Savan Prahladbhai
- Patel Krishna Savanbhai
Devson Catalyst Limited
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