Devson Catalyst’s IPO will be news to investors looking for investment opportunities in July. The GMP of this SME IPO, which opens on July 9, raises hopes of a strong listing. In such a situation, the question arises, how strong is the company’s business and can an IPO be an opportunity to generate greater profits for investors?
IPO
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Published: 04 July 2026, 15:51
Devson Catalyst IPO: If you’re looking for an SME IPO in July that has the potential to generate big profits when listed, then the Devson Catalyst IPO should definitely be on your radar. Opening from July 9, this ₹42.34 crore book release is a combination of fresh release and offer for sale (OFS). The company has pegged the price range at ₹112-118 per share, while retail investors will have to invest at least Rs 1.41 lakh. In such a situation, the biggest question is how strong is the company’s business, where will the money be used and can the IPO be a money-making opportunity for investors? Let us know full details.
Devson Catalyst IPO details
| Details | Information |
|---|---|
| IPO opening date | from July 9 to July 13, 2026 |
| listing date | Thursday, July 16, 2026 |
| face value | ₹10 per share |
| price range | 112 to 118 rupees per share |
| lot size | 1200 shares |
| Problem type | Fresh issue + offer for sale (OFS) |
| IPO type | book construction IPO |
| listing platform | BSE SMEs |
Source – DRHP
GMP indicates significant listing growth
The gray market premium (GMP) of Devson Catalyst SME’s IPO raises hopes of a strong listing for investors. The company’s GMP was fixed at £19 at 15:00 on 4 July 2026, while the IPO price cap is £118.
Based on this, the implied listing price for the share is valued at approximately £137, which is approximately 16.10% above the issue price. If this trend continues ahead of listing, investors could potentially make profits of up to ₹22,800 per lot. This means that retail investors can make a profit of over Rs 45 lakh. However, GMPs are only indicators of the gray market, and the actual listing depends on market conditions and investor demand.
What does the company do?
Deosan Catalyst Limited manufactures catalysts, adsorbents and ceramic beads used in industrial applications. These products help make machines and production processes more efficient and reliable in the oil and gas refining, petrochemical, steel, minerals and other process industries. The company has a state-of-the-art manufacturing facility in Gujarat with an annual production capacity of approximately 6205 metric tons. Devson Catalyst supplies its products to customers in India as well as abroad, giving the company a strong presence in the domestic and international markets.
Read also: GMP ramps up pre-IPO excitement by announcing profits of up to £67,200 on £99 shares; What amount is needed for investment?
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