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Devson Catalyst Limited's is preparing to launch its Initial Public Offering (IPO) with a substantial issue size of 35,88,000 Shares. The offering comprises a fresh issue component of 33,38,000 Shares.
The price band for the IPO has been set at TBD, providing investors with a range to place their bids. The minimum investment lot consists of TBD, making it accessible to both retail and institutional investors.
The subscription window for this public offering opens on TBD and will conclude on TBD. Following the subscription period, the share allotment is scheduled for TBD, with the official listing expected to commence on TBD on the BSE exchange.
Devson Catalyst Limited is an ISO 9001:2015 and ISO 45001:2018-certified company engaged in the manufacturing of catalysts, adsorbents, and ceramic balls used in industries such as oil & gas, petrochemicals, steel, and fertilizers to enhance process efficiency and reliability. The company operates a manufacturing facility in Wadhwan, Gujarat, with an annual capacity of around 6,205 MT and follows strict quality control procedures to maintain consistent standards. It operates on a B2B model, supplying mainly to industrial and institutional clients based on customized requirements, and has a presence in over 15 international markets. Exports form a significant part of its revenue, and as of January 31, 2026, the company had 51 permanent employees.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
The expected premium (GMP) is based on market buzz and unofficial trading. It should not be considered as the guaranteed listing price. Always refer to the RHP and seek advice from a financial expert before making investment decisions.
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- Specialty Chemical and Catalyst Business: The company operates in the catalyst and chemical segment, supplying products used in industrial and refining processes.
- Diverse Product Applications: Its products are used across industries such as petrochemicals, refineries, and chemical manufacturing.
- Technical Expertise: Strong focus on process knowledge and chemical formulation supports product quality and performance.
- Dependence on Industrial Sector: Revenue is linked to demand from refineries and chemical industries.
- Regulatory and Environmental Risk: Chemical manufacturing is subject to strict environmental and safety regulations.
- Working Capital Intensive: Requires continuous investment in raw materials and production processes.
- Pratapbhai Devjibhai Siyania
- Prahladbhai Devjibhai Shiyaniya
- Patel Savan Prahladbhai
- Patel Krishna Savanbhai
Devson Catalyst Limited
Link Intime India Private Limited

