Devson Catalyst Ltd. is an ISO 9001:2015 and ISO 45001:2018 certified company engaged in manufacturing catalysts, adsorbents, and ceramic balls used in various industrial processes. These products play a critical role in improving efficiency, reliability, and sustainability across industries such as oil & gas, petrochemicals, steel, and fertilizers.
The company operates a manufacturing facility in Wadhwan, Gujarat, with an installed capacity of around 6,205 metric tons per year. Its operations are fully B2B-focused, supplying products to institutional and industrial clients based on customized specifications and requirements.
Devson has built a growing presence in international markets, exporting to over 15 countries. Export revenues have shown a steady contribution, accounting for a significant portion of total income across recent years. With a structured manufacturing setup, quality control systems, and a focused product portfolio, the company aims to maintain consistency and scalability in operations.
As of January 31, 2026, the company had a workforce of 51 employees supporting its operations.
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 49.75% | 12,87,132 crores |
| Non-Institutional Investors (NIIs) | 15.08% | 3,90,149.76 crores |
| Retail Individual Investors (RIIs) | 35.17% | 9,09,918.24 crores |
Strong position as a domestic manufacturer of catalysts
adsorbents
and ceramic balls
Consistent financial performance in a high-entry-barrier industry
Strategically located manufacturing facility with multi-product capabilities
Exposure to global markets with exports to 15+ countries
Established relationships with industrial clients ensuring repeat business
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| 14 Jul '26 | 16 Jul '26 | 15 Jul '26 |
| Issue Composition: | |
|---|---|
| Face Value | ₹10 per share |
| Total Issue Size | 25,87,200 shares (aggregating up to ₹2,83,200 crores) |
| Fresh Issue | 3,15,800 shares (aggregating up to ₹31,58,000 crores) |
| Offer for Sale | 25,000 shares of ₹10 (aggregating up to ₹2,50,000 crores) |
| Issue Type | Book Building IPO |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 100 shares |
| Post-Issue Shareholding | 0 shares |
| Minimum Lot Size | -- |
| Maximum Lot Size (Retail) | -- |
The lot size of Devson Catalyst ipo has been designed to ensure broad participation while maintaining optimal price discovery.
Plot No 213 To 218 And 233 To 237 Phase I I Ambawadi G I D C Surendranagar Dist
MUFG Intime India Pvt.Ltd.
| Book Running Lead Manager(s) |
|---|
| JJ IPO Advisors Pvt Ltd |