Devson Catalyst Ltd

Issue
Opens On Closes On
09-Jul-26 13-Jul-26
Money Payable On
Application Allotment
112.00 0.00

Minimum Application for shares in Nos : 2400 Further Multiples of : 1200

Lead Managers to the Issue
Project Cost (₹.Cr) 0.00 JJ IPO Advisors Private Limited
Project Financed through Current Offer (₹.Cr) 40.19  
Post Issue Equity Share Capital (₹.Cr) 13.84
Issue Price (₹) 112.00
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

  • 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 Rs. 10/- each of Devson Catalyst Limited ("DCL" or the "Company" or the "Issuer") for cash at a price of Rs. 112-118 per equity share including a share premium of Rs. 102-108 per equity share (the "Offer Price") comprising of a fresh offer of 33,38,000 equity shares at a price of Rs. 112-118 aggregating to Rs. 37.39-39.39 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 Rs. 112-118 aggregating to Rs. 2.8-2.95 Crores , of which 1,80,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 112-118 per equity share including a share premium of Rs. 102-108 per equity share aggregating to Rs. 2.02-2.12 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 Rs. 10/- each for cash at a price of Rs. 112-118 per equity share including a share premium of Rs. 102-108 per equity share aggregating to Rs. 0.73-0.76 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 Rs. 10/- each at a price of Rs. 112-118 per equity share including a share premium of Rs. 102-108 per equity share aggregating to Rs. 37.44-39.45 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 Rs. 10/- each. Price Band: Rs. 112/- to Rs. 118/- per equity share of face value Rs. 10/- 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.

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