Devson Catalyst IPO 2026: Price Band, Dates, Lot Details

Issue overview and why it is in focus

Devson Catalyst Limited, a manufacturer of catalysts and specialty chemical products, has opened its SME initial public offering (IPO) for subscription. The issue is scheduled to run from July 9, 2026 to July 13, 2026, with listing proposed on the BSE. The offer is structured as a book-built issue with a stated total issue size of ₹42.34 crore. The IPO has a price band of ₹112 to ₹118 per share, with the upper end used for calculating maximum application amounts.

Investor attention is also tracking live subscription data because early snapshots show participation across categories. The company’s lot size, reservation split, and anchor allocation are key details retail and non-institutional investors typically watch in SME offerings.

Key dates, price band, and basic terms

The IPO opens on July 9, 2026 and closes on July 13, 2026. The allotment finalization date mentioned in the provided details is July 14, 2026. The market debut is scheduled for July 16, 2026 on the BSE, where the shares are expected to start trading.

The offer price band is ₹112–₹118 per equity share. The face value is ₹10 per equity share. The stated minimum application size is 1,200 shares, and bids are accepted only in multiples of the lot size.

Issue size and share count details in the provided data

The issue summary states the SME public issue comprises 35,88,000 equity shares and aggregates to ₹42.34 crore. Alongside this, reservation tables in the same provided data also reference a total of 35,23,200 shares and show a market maker portion of 1,80,000 shares (5.11%), plus anchor, QIB, HNI/NII and retail allocations.

Because the supplied material includes both 35,88,000 shares and 35,23,200 shares as “total” figures in different sections, readers should rely on the final offer document and exchange filings for the definitive share count and category breakup. The investment amounts and dates, however, are consistently presented across the snapshots.

Minimum retail investment and lot-size math

The minimum retail investment highlighted is ₹1,41,600, calculated as 1 lot (1,200 shares) at the upper price band of ₹118. This matches the lot size and upper-end pricing described in the issue summary.

At the same time, another data snippet in the provided text mentions a retail application shown as “Min” 2 lots (2,400 shares) amounting to ₹2,83,200, and also repeats the same figure as “Max”. That presentation conflicts with the statement that the minimum application size is 1,200 shares. In practice, investors should follow the lot size and minimum quantity shown in their broker interface and the official IPO document for the final accepted minimum.

Reservation and allocation: what the tables show

Multiple tables in the supplied material provide category-wise allocations. One table shows anchor investor shares at 10,00,800 (28.41%), QIB (excluding anchor) 6,62,400 (18.80%), NII 5,04,000 (14.31%), and retail 11,76,000 (33.38%). Another snapshot shows similar quantities with slightly different percentage labels.

A separate reservation table also lists: QIB shares offered 6,62,400 (18.46%), NII (HNI) 5,04,000 (14.05%), retail 11,76,000 (32.78%), and anchor investor shares 10,00,800 (27.89%), with total shares offered stated as 35,88,000.

Subscription status: early update versus live data

The provided data includes an “IPO has not opened yet” snapshot stating the subscription was 0x overall as of “02 Jul, 09:02 AM,” with retail and NII also at 0x. This appears to be a pre-opening placeholder.

Later in the same material, live subscription figures indicate stronger demand. One line reports: QIB 1.72x, NIIs 10.59x, retail (Individual) 10.96x, and total 8.28x. Another time-stamped table titled “Devson Catalyst IPO Subscription Status Live (Last updated on 09 Jul 2026 05:45 PM)” shows Day 1 total subscription at 7.5x, with QIB at 1.72x, retail at 10.96x, and non-institutional investors (HNI) at 7.8x.

Anchor allocation: names mentioned in the data

The material also references anchor allocation leadership by specific funds. It states that India Max Investment Fund Limited led the allocation at 31.77%, followed by Invicto Multiplier Fund at 17.15% and Brescon Opportunities Fund at 17.03%. No additional anchor-book totals or rupee amounts are provided alongside these percentages in the supplied text.

Intermediaries: registrar and lead manager details

The IPO lead manager listed is JJ IPO Advisors Private Limited.

For the registrar, the material provides details under MUFG Intime India Pvt Ltd, including email (devsoncatalyst.smeipo@in.mpms.mufg.com) and website (https://in.mpms.mufg.com). Another line in the provided content also lists “Name: Link Intime India Private Limited” with the same email ID and a phone number (+91 22 4918 6270), indicating the registrar information is being presented under both names in the compiled data.

Company contact details provided

Devson Catalyst Limited’s contact details in the provided text include:

• Address: 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/

Table: IPO snapshot from the provided details

Table: Category allocation and live subscription (as shown)

What investors typically track next

From the information provided, the next operational milestones are the close of the issue on July 13, 2026, followed by the allotment finalization on July 14, 2026 and listing on July 16, 2026. Subscription updates are likely to remain the most watched data point until the issue closes.

The key numbers in focus remain the price band (₹112–₹118), lot size (1,200 shares), and the minimum investment figure of ₹1,41,600 at the upper band for one lot, as stated in the issue details.

Conclusion

Devson Catalyst’s SME IPO is open between July 9 and July 13, 2026, with a ₹112–₹118 price band and a proposed BSE listing on July 16, 2026. The provided data set includes category-wise allocation figures, registrar and lead manager details, and live subscription snapshots that show demand across investor categories. The next confirmed steps on the calendar are allotment finalization on July 14, 2026 and the scheduled listing on July 16, 2026.