Devson Catalyst IPO Details
Devson Catalyst IPO Summary

Devson Catalyst IPO DRHP (Draft Red Herring Prospectus) has been Filed with Exchange.
Devson Catalyst IPO total issue size comprises 35,88,000 shares . This includes a fresh issue of 33,38,000 shares . Offer for Sale consists of 2,50,000 shares . Pre-issue shareholding stands at 1,02,50,000, which will increase to 1,35,88,000 post-issue.
Devson Catalyst IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.
Devson Catalyst IPO Details
Devson Catalyst IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| To be announced | |||
Devson Catalyst IPO Reservation
Promoter Holding
Documents
Devson Catalyst IPO Valuations
Devson Catalyst Financial Information
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 34.49 | 27.38 | 21.49 | 15.89 |
| Total Income | 31.84 | 53.54 | 43.75 | 32.75 |
| Profit After Tax | 6.63 | 7.67 | 4.08 | 2.34 |
| EBITDA | 8.49 | 10.62 | 6.39 | 3.44 |
| NET Worth | 27.61 | 20.98 | 13.36 | 9.28 |
| Reserves and Surplus | 27.36 | 20.73 | 13.06 | 8.98 |
| Total Borrowing | 1.20 | 2.78 | 4.17 | 1.37 |
| Amount in ₹ Crore | ||||
About Devson Catalyst IPO
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 various industrial processes. The company operates a manufacturing facility in Gujarat with an installed production capacity of approximately 6,205 metric tons per annum.
The company’s products cater to a wide range of industries, including oil and gas refineries, petrochemicals, steel, fertilizers, and other industrial processing sectors. These products are designed to enhance process efficiency, improve operational reliability, and support sustainable industrial practices. Devson Catalyst Limited serves both domestic and international markets.
The company’s manufacturing unit is located at Plot Nos. 213 to 218 and 233 to 237, Phase II, Ambawadi, GIDC, Wadhwan City, Surendranagar, Gujarat – 363030, India. The facility is equipped with the necessary machinery and infrastructure, and the company follows standardized operating procedures along with stringent internal quality checks to ensure consistent product quality.
Devson Catalyst Limited operates entirely under a B2B business model, supplying its products primarily to institutional and industrial customers. This approach enables the company to align production planning and supply chain management with specific client requirements, including customized product specifications, order schedules, and delivery timelines.
The company has established a presence in international markets, exporting its products to more than 15 countries as of September 30, 2025. Export revenues stood at ₹1,331.61 lakhs for the six months ended September 30, 2025, ₹5,287.47 lakhs in Fiscal 2025, ₹4,317.30 lakhs in Fiscal 2024, and ₹3,236.99 lakhs in Fiscal 2023, contributing 42.95%, 25.13%, 42.10%, and 26.39% of revenue from operations, respectively.
As of January 31, 2026, the company had a workforce of 51 permanent employees supporting its operations.
Strength Of Devson Catalyst IPO
Risk Of Devson Catalyst IPO
Objectives Devson Catalyst IPO
1. Funding the Capital Expenditure requirements towards setting up of a new manufacturing unit
2. Funding the working capital requirements of the Company
3. General corporate purposes
4. Total
Company Contact Details
Plot No 213 To 218 and 233 To 237, Phase II, Ambawadi, GIDC Wadhwancity,
Surendranagar, Gujarat , 363030
Phone: 91 7201010244
Email: info@devsongroup.com
Website: https://www.devsongroup.com/
Registrar Contact Details
Market Maker
Devson Catalyst FAQs
The Devson Catalyst IPO is a SME public issue comprising 3588000 equity shares with a face value of ₹10 each, aggregating to a total issue size of . The issue price has been fixed at ₹0 per equity share, and the minimum application size is shares.
The IPO opens for subscription on TBA, and closes on TBA.
MUFG Intime India Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the BSE
As of now, the current GMP stands at TBA.

