Devson Catalyst SME IPO GMP History
Devson Catalyst SME IPO has been listed on July 16, 2026 at a listing price of ₹196.15, against the issue price of ₹118 — a gain of ₹78.15 (+66.23%). The GMP peaked at ₹50 on 8 July 2026 and reached a low of ₹8 on 3 July 2026. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Devson Catalyst SME IPO raised ₹42.33 Cr. through its IPO at a price band of ₹112 to ₹118 per share, with a lot size of 1200 shares. The IPO was open for subscription from 09 Jul 2026 to 13 Jul 2026.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 25 Aug, 12:54 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 16 Jul 2026 | ₹ 49 | — | 41.5% | — | — |
| 15 Jul 2026 | ₹ 49 | — | 41.5% | — | — |
| 14 Jul 2026 | ₹ 49 | — | 41.5% | — | — |
| 13 Jul 2026 | ₹ 49 | ▲ | 41.5% | — | — |
| 12 Jul 2026 | ₹ 45 | — | 38.1% | — | — |
| 11 Jul 2026 | ₹ 45 | — | 38.1% | — | — |
| 10 Jul 2026 | ₹ 45 | — | 38.1% | — | — |
| 09 Jul 2026 | ₹ 45 | ▼ | 38.1% | — | — |
| 08 Jul 2026 | ₹ 50 | ▲ | 42.4% | — | — |
| 07 Jul 2026 | ₹ 36 | ▼ | 30.5% | — | — |
| 06 Jul 2026 | ₹ 46 | ▲ | 39.0% | — | — |
| 05 Jul 2026 | ₹ 40 | ▲ | 33.9% | — | — |
| 04 Jul 2026 | ₹ 19 | ▲ | 16.1% | — | — |
| 03 Jul 2026 | ₹ 8 | — | 6.8% | — | — |
| 02 Jul 2026 | ₹ 8 | — | 6.8% | — | — |
Devson Catalyst SME IPO dates
Key dates from opening to listing. Today is 3 October.
- Open 09 Jul 2026
- Close 13 Jul 2026
- Allotment 14 Jul 2026
- Refund/credit 15 Jul 2026
- Listing 16 Jul 2026
Devson Catalyst SME IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹118 |
|---|---|
| GMP-based estimate (pre-listing) | ₹167 (+41.5%) |
| Listing gain / loss | +₹78.15 per share |
| Listing date | 16 Jul, 2026 |
| Actual listing price | ₹196.15 (+66.23%) |
Is Devson Catalyst SME IPO GMP reliable?
Grey market premium for Devson Catalyst SME IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Devson Catalyst SME IPO full review for a fundamentals-based assessment before making any grey market trades.
Devson Catalyst SME IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Devson Catalyst SME IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Devson Catalyst SME IPO
Devson Catalyst Limited is a Gujarat-based industrial manufacturing company engaged in the production of catalysts and specialty chemical products. The company has developed expertise in serving industrial customers that require catalyst solutions for chemical processing and manufacturing applications. Promoted by experienced industry professionals, the company has built its business around technical know-how, product quality and customer-focused solutions.
The company follows a manufacturing-driven business model wherein it develops, produces and supplies catalyst products to industrial clients across multiple sectors. Revenue is generated through the sale of specialized catalysts and related products that help improve industrial process efficiency and productivity. With its manufacturing facility in Gujarat, the company focuses on expanding its customer base while maintaining quality standards and operational efficiency.
Frequently asked
What is the GMP of Devson Catalyst SME IPO?
The current Grey Market Premium (GMP) of Devson Catalyst SME IPO is ₹ 49.
What is the Kostak Price of Devson Catalyst SME IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Devson Catalyst SME IPO is not available.
What is the Subject to Sauda Price of Devson Catalyst SME IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Devson Catalyst SME IPO?
Devson Catalyst SME IPO listed on July 16, 2026 at ₹196.15, against the issue price of ₹118 — a gain of +66.23%.
How did the GMP of Devson Catalyst SME IPO trend before listing?
The GMP of Devson Catalyst SME IPO was stable in its final days before listing. The GMP peaked at ₹50 on 8 July 2026. View the day-wise table above for the complete GMP history.
Explore Devson Catalyst SME IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
