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Devson Catalyst Ltd

Devson Catalyst Ltd

    Registered Office : No.213-218 & 233-237 Phase-2,Ambawadi GIDC Wadhwancity,Surendra Nagar Gujarat 363030 Phone : +91 72010 10244
    Fax :

    Email : info@devsongroup.com

    Website : www.devsongroup.com

Initial public offer of 35,88,000 equity shares of face value of Rs. 10/- each of Devson Catalyst Limited ("DCL" or the "Company" or the "Issuer") for cash at a price of Rs. 118 per equity share including a share premium of Rs. 108 per equity share (the "Offer Price") comprising of a fresh offer of 33,38,000 equity shares at a price of Rs. 118 aggregating to Rs. 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 Rs. 118 aggregating to Rs. 2.95 Crores, of which 1,80,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 118 per equity share including a share premium of Rs. 108 per equity share aggregating to Rs. 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 Rs. 10/- each for cash at a price of Rs. 118 per equity share including a share premium of Rs. 108 per equity share aggregating to Rs. 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 Rs. 10/- each at a price of Rs. 118 per equity share including a share premium of Rs. 108 per equity share aggregating to Rs. 39.45 Crores is herein after referred to as the "Net Offer". The offer and the net offer will constitute 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 Rs. 10/- each. Price Band: Rs. 118/- per equity share of face value Rs. 10/- each. The floor 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

Opens On

Closes On

09-Jul-2026

13-Jul-2026

Money Payable On

Application

Allotment

118.00

0.00

Minimum Application for shares in Nos : 2400.0 Further Multiples of : 1200.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

35.08

42.34

13.59

118.00

JJ IPO Advisors Private Limited

Projects
  • Funding the Capital Expenditure requirements towards setting up of a new manufacturing unit
  • Funding the working capital requirements of the Company
  • General corporate purposes
Promoted By
  • Prahladbhai Devjibhai Shiyaniy
  • Patel Savan Prahladbhai
  • Pratapbhai Devjibhai Shiyaniya
Listing At
  • BSE - SME
Registrar to the Issue
  • MUFG Intime India Pvt Ltd