IPO Listed — 16 Jul 2026
Listing Price: ₹196.15
Devson Catalyst SME IPO GMP History | Listing Price ₹196.15 & Kostak Rate
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.
GMP Trend Chart
Day-wise GMP Trend
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 16 Jul 2026 | ₹ 49 | 41.5% | ₹ 0 | ₹ 0 | |
| 15 Jul 2026 | ₹ 49 | 41.5% | ₹ 0 | ₹ 0 | |
| 14 Jul 2026 | ₹ 49 | 41.5% | ₹ 0 | ₹ 0 | |
| 13 Jul 2026 | ₹ 49 | 41.5% | ₹ 0 | ₹ 0 | |
| 12 Jul 2026 | ₹ 45 | 38.1% | ₹ 0 | ₹ 0 | |
| 11 Jul 2026 | ₹ 45 | 38.1% | ₹ 0 | ₹ 0 | |
| 10 Jul 2026 | ₹ 45 | 38.1% | ₹ 0 | ₹ 0 | |
| 09 Jul 2026 | ₹ 45 | 38.1% | ₹ 0 | ₹ 0 | |
| 08 Jul 2026 | ₹ 50 | 42.4% | ₹ 0 | ₹ 0 | |
| 07 Jul 2026 | ₹ 36 | 30.5% | ₹ 0 | ₹ 0 | |
| 06 Jul 2026 | ₹ 46 | 39.0% | ₹ 0 | ₹ 0 | |
| 05 Jul 2026 | ₹ 40 | 33.9% | ₹ 0 | ₹ 0 | |
| 04 Jul 2026 | ₹ 19 | 16.1% | ₹ 0 | ₹ 0 | |
| 03 Jul 2026 | ₹ 8 | 6.8% | ₹ 0 | ₹ 0 | |
| 02 Jul 2026 | ₹ 8 | 6.8% | ₹ 0 | ₹ 0 |
Devson Catalyst SME IPO Dates
| Event | Date |
|---|---|
| Open Date | 09 Jul, 2026 |
| Close Date | 13 Jul, 2026 |
| Allotment Date | 14 Jul, 2026 |
| Refund Date | 15 Jul, 2026 |
| Credit to Demat | 15 Jul, 2026 |
| Listing Date | 16 Jul, 2026 |
Devson Catalyst SME IPO Actual Listing Price
| Basis | Value |
|---|---|
| Issue Price | ₹118 |
| GMP-Based Estimate (Pre-Listing) | ₹167 (+41.5%) |
| Actual Listing Price | ₹196.15 (+66.23%) |
| Listing Gain / Loss | +₹78.15 per share |
| Listing Date | 16 Jul, 2026 |
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:
- Subscription 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?
- Timing 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.
- Grey 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.
- Cross-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 IPO Kostak Rate Explained
The Kostak rate for Devson Catalyst SME IPO was not active during the subscription period, as no grey market premium was established. 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 active 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
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.
Strengths & Risks
Strengths
- ✓ Operates in a specialized industrial catalyst segment with technical entry barriers.
- ✓ Manufacturing-focused business model supports value-added product offerings.
- ✓ Experienced management team with industry knowledge and expertise.
- ✓ Growing demand from chemical and industrial processing sectors supports future growth.
- ✓ Strategic manufacturing presence in Gujarat provides access to industrial customers.
Risks
- ⚠ Fluctuations in raw material costs may impact profit margins.
- ⚠ Business performance depends on demand from industrial and chemical sectors.
- ⚠ Competition from larger domestic and international catalyst manufacturers could affect growth.
- ⚠ Dependence on a limited number of industrial customers may create concentration risk.
- ⚠ Changes in environmental and industrial regulations could increase compliance costs.
Frequently Asked Questions about Devson Catalyst SME IPO
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 currently 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 currently 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
For a complete picture before making your investment decision, explore these resources:
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