Devson Catalyst IPO
Market Sentiment
IPO Details
IPO Reservation
Market Lot Size
Return Estimator (GMP*)
Financial Analysis
| Metric | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Revenue | 32.75 | 43.75 | 53.54 | 56.84 |
| Expense | 29.58 | 38.07 | 43.16 | 40.01 |
| Profit (PAT) | 2.34 | 4.08 | 7.67 | 12.52 |
| Total Assets | 15.89 | 21.49 | 27.38 | 41.63 |
Promoters: Pratapbhai Devjibhai Siyania, Prahladbhai Devjibhai Shiyaniya, Patel Savan Prahladbhai and Patel Krishna Savanbhai
| Shareholding | No. of Shares | Holding % |
|---|---|---|
| Promoter Holding Pre Issue | 1,02,50,000 | 100.00% |
Strengths & Risks
- Solid profit margin — 22.0%.
- Strong return on equity — 46%.
- Low leverage — debt/equity of 0.07.
- Mostly fresh capital — proceeds fund the company's growth, not an exit.
No major red flags in the available data.
Auto-generated from live GMP, subscription, valuation and financial data. Informational only — not investment advice. Always read the RHP before applying.
Company Information
Devson Catalyst is one of the leading Indigenous manufacturers of catalysts, adsorbents, and ceramic balls, which are important materials used in a wide range of industrial processes. Its manufacturing facility is in Gujarat. Its products are used in various industries, including oil and gas refineries, petrochemicals, steel, fertilizers, and other industrial processing sectors. Its manufacturing facility is situated in Surendranagar, Gujarat, and is equipped with various machinery and infrastructure with a capacity of 6,205 MT per year. Devson Catalyst operates its business in the B2B segment and supplies institutional and industrial customers. The company serves its products to both domestic and international markets.
| Purpose | Amount (Cr) |
|---|---|
| Funding the Capital Expenditure requirements towards setting up of a new manufacturing unit | 17.40 |
| Funding the working capital requirements of the Company | 12.00 |
| General Corporate Purpose | - |
Resources & Documents
Devson Catalyst Ltd., Plot No 213 To 218 and 233 To 237,, Phase II, Ambawadi, GIDC, Wadhwancity,, Surendranagar, Gujarat, 363030
Devson Catalyst has set a price band of Rs 112–Rs 118 per share for an issue size of Rs 42 crore. The SME issue is scheduled to open for subscription on July 09, 2026 — 6 days from now.
Devson Catalyst is one of the leading Indigenous manufacturers of catalysts, adsorbents, and ceramic balls, which are important materials used in a wide range of industrial processes. Its manufacturing facility is in Gujarat.
The issue is promoted by Pratapbhai Devjibhai Siyania, Prahladbhai Devjibhai Shiyaniya, Patel Savan Prahladbhai and Patel Krishna Savanbhai with JJ IPO Advisors Pvt.Ltd. acting as lead manager. Net proceeds will primarily be used towards Funding the Capital Expenditure requirements towards setting up of a new manufacturing unit (Rs 17 crore) and Funding the working capital requirements of the Company (Rs 12 crore).
Grey market is quoting a premium of +Rs 7 (+5.9% over issue price).
On fundamentals, the company is posting revenue growth of 6.2%, a profit margin of 22.0%, return on equity of 46.0% in its most recent reported period.
Our data-driven engine currently flags this issue as a Subscribe call — the composite picture tilts favourable, though not without some caveats. All figures below — GMP history, subscription tiers, financials and peers — are aggregated from public disclosures. Always apply through your own broker after reading the RHP.
Devson Catalyst IPO GMP — What It Means
The latest grey market premium for Devson Catalyst IPO is ₹7 (+5.9%). GMP is an unofficial, dealer-quoted figure that hints at expected listing-day demand — it is not a guaranteed listing price. For Devson Catalyst it should be read alongside the subscription numbers and the company's fundamentals, since grey-market premiums can swing sharply during the bidding window.
See the full Devson Catalyst GMP history and trend, or learn how grey market premium works and how reliable it is.
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