IPO

IPO Synopsis

Devson Catalyst Ltd
Registered Office: No.213-218 & 233-237 Phase-2,Ambawadi GIDC Wadhwancity , Surendra Nagar - 363030 , Gujarat , India.
Phone : +91 72010 10244   Fax:
Email :  info@devsongroup.com  
Website :  www.devsongroup.com
Initial public offer of upto 35,88,000 equity shares of face value of Rs10/- each of Devson Catalyst Limited ("DCL" or the "Company" or the "Issuer") for cash at a price of Rs112-118 per equity share including a share premium of Rs102-108 per equity share (the "Offer Price") comprising of a fresh offer of 33,38,000 equity shares at a price of Rs112-118 aggregating to Rs37.39-39.39 Crores (the "Fresh Issue") and an offer for sale of 2,50,000 equity shares by the selling shareholders ("Offer For Sale") at a price of Rs112-118 aggregating to Rs2.8-2.95 Crores , of which 1,80,000 equity shares of face value of Rs10/- each for cash at a price of Rs112-118 per equity share including a share premium of Rs102-108 per equity share aggregating to Rs2.02-2.12 Crores will be reserved for subscription by market maker to the offer (the "Market Maker Reservation Portion") and 64,800 equity shares of face value of Rs10/- each for cash at a price of Rs112-118 per equity share including a share premium of Rs102-108 per equity share aggregating to Rs0.73-0.76 Crores will be reserved for subscription by eligible employees (the "Employee Reservation Portion"). The offer less the market maker reservation portion and employee reservation portion i.e. net offer of 33,43,200 equity shares of face value of Rs10/- each at a price of Rs112-118 per equity share including a share premium of Rs102-108 per equity share aggregating to Rs37.44-39.45 Crores is herein after referred to as the "Net Offer". The offer and the net offer will constitute upto 26.41% and 24.60%, respectively, of the post offer paid up equity share capital of the company. The face value of the equity shares is Rs10/- each. Price Band: Rs112/- to Rs118/- per equity share of face value Rs10/- each. The floor price is 11.2 times of the face value and the cap price is 11.8 times of the face value of the equity shares. Bids can be made for a minimum of 2400 equity shares and in multiples of 1200 equity shares thereafter.
Issue Money Payable On
Opens On Closes On Application Allotment
09-Jul-26 13-Jul-26 Rs 112.00-118.00 Rs 0.00-0.00
Minimum Application for shares in Nos :2400  Further Multiples of :1200
  (Rs Cr) Lead Managers to the Issue
Project Cost 0.00
JJ IPO Advisors Private Limited
Project Financed through Current Offer 40.19
Post Issue Equity Share Capital 13.84
Issue Price Rs 112.00
Projects
Funding the Capital Expenditure requirements towards setting up of a new manufacturing unit General corporate purposes
Funding the working capital requirements of the Company
Promoted By Listing At Registrar to the Issue
  Prahladbhai Devjibhai Shiyaniy
  Patel Savan Prahladbhai
  Pratapbhai Devjibhai Shiyaniya
 BSE - SME
 MUFG Intime India Pvt Ltd
Friday, July 03, 2026 11:16:00 AM
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