DEVSON CATALYST LIMITED

09 Jul 2026 - 13 Jul 2026 SME BSE

Min Investment

₹2,83,200.00

Price Band

₹112-₹118

Issue Size

₹30.53 Cr

Lot Size

1200 (per lot)

IPO Dates
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09 Jul 2026

Open Date

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13 Jul 2026

Close Date

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14 Jul 2026

Allotment Date

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16 Jul 2026

Listing Date

Know Before Investing

Strengths icon

  • Manufactures catalysts, adsorbents and ceramic balls for multiple industrial applications from a single facility.
  • ISO 9001:2015 and ISO 45001:2018 certified manufacturing operations with established quality systems.
  • Serves customers across domestic and international markets in oil and gas, petrochemicals, steel and fertiliser industries.
  • Strong technical and manufacturing capabilities support consistent product quality and timely deliveries.
  • Focuses on developing new catalyst and adsorbent products to expand its product portfolio and customer base.

Weaknesses icon

  • A significant portion of revenue comes from the petrochemical industry, exposing the business to sector-specific risks.
  • The company operates a single manufacturing facility, making operations vulnerable to any disruption at that plant.
  • Failure to maintain product quality or meet customer specifications could affect customer relationships and business.
  • The business depends on continuous technological development to remain competitive in the catalyst industry.
  • The company has not declared or paid dividends in the last three financial years, and future dividends are not assured.

About Devson Catalyst Limited

Devson Catalyst Limited is an ISO 9001:2015 and ISO 45001:2018 certified manufacturer of catalysts, adsorbents and ceramic balls used in industrial processes. The company operates a manufacturing facility in Gujarat with an installed production capacity of approximately 6,205 metric tons per annum. Its products help improve process efficiency by accelerating chemical reactions, removing impurities from gases and liquids, and supporting catalyst beds in industrial reactors and towers. Devson supplies its products to customers across oil and gas refineries, petrochemicals, steel, fertilisers and other industrial processing sectors in domestic and international markets. The company generates revenue from the manufacture and sale of these industrial products. Its facility follows standard operating procedures and internal quality checks to ensure consistent product quality and operational reliability.

IPO Objectives

1. Funding the Capital Expenditure requirements towards setting up of a new manufacturing unit

2. Funding the working capital requirements of our Company.

3. General corporate purposes.

Company Promoters

Patel Krishna Savanbhai

Patel Savan Prahladbhai

Prahladbhai Devjibhai Shiyaniya

Pratapbhai Devjibhai Siyania

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 168.56
Non-Institutional Buyers 192.74
Retail Investors 244.03
Total 605.33
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