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Devson Catalyst IPO Subscription Status

The Devson Catalyst IPO has been subscribed 205.06x times overall. Retail investors have shown interest with bids for 244.03x the shares available. The Non-Institutional Investor (NII) category has been subscribed 192.74x. Within NII, Big HNI (B-HNI) subscribed 287.04x and Small HNI (S-HNI) subscribed 211.19x. Qualified Institutional Buyers (QIBs) have subscribed 168.56x. Data last updated on 15 Jul, 12:00 AM.

The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 09 Jul, 2026 and closes on 13 Jul, 2026. The shares are expected to list on stock exchanges on 16 Jul, 2026.

Total Subscription
205.06 x

1,38,602 applications

QIB 168.56x
NII 192.74x
Retail 244.03x
Employee 1.06x

Live Bidding

Category Bid Details TIMES
QIB
11,16,56,400
of 6,62,400
103 applications
168.56x
NII
13,18,34,400
of 6,84,000
18,907 applications
192.74x
Retail
28,69,75,200
of 11,76,000
1,19,573 applications
244.03x
Employee
68,400
of 64,800
19 applications
1.06x
TOTAL
53,05,34,400
1,38,602 applications
-
205.06x

Last Updated: 15 Jul 2026, 12:00 AM

Subscription Insights

Retail Allotment

High demand detected. The retail category is heavily oversubscribed, making the allotment a lottery where only 1 out of every 245 applicants will be successful.

Institutional Backing

Massive institutional interest with QIBs subscribing 168.56x. This often signals long-term confidence from professional funds.

Day-wise Subscription History

Subscription trends over the last 3 days

Date Total
13 Jul 2026 DAY 3
205.06x
QIB 168.56x
NII 192.74x
Retail 244.03x
10 Jul 2026 DAY 2
27.35x
QIB 2.6x
NII 27.14x
Retail 42.88x
09 Jul 2026 DAY 1
8.08x
QIB 1.72x
NII 10.59x
Retail 10.99x
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Devson Catalyst IPO Allotment Probability

Retail (up to ₹2 L)
1 in 123
~0.8% chance per PAN — 119,573 applicants for 980 allotment slots. Winners get exactly 1 lot (₹1.4 L) by SEBI lottery, however many lots you bid.
Small HNI (₹2–10 L)
1 in 135
~0.7% chance — 9,398 applicants for 70 allotment slots. Lottery allots the minimum S-HNI application of 2 lots (₹2.8 L) per winner; bidding bigger doesn't improve odds.
Big HNI (above ₹10 L)
1 in 280
~0.4% chance — 9,509 applicants for 34 allotment slots. Lottery allots the minimum B-HNI application of 8 lots (₹11.3 L) per winner; the rest is proportionate.
QIB (institutions)
168.56x
Proportionate allotment — at 168.56x, institutions receive ~0.6% of their bid. No lottery; not open to individual investors. Strong institutional endorsement.

Odds marked with applicant counts are computed from the exchange's actual application data (applicants ÷ allotment slots); others assume minimum-size bids at the current subscription multiple. Retail and HNI allotment is by SEBI-mandated lottery of the minimum application when oversubscribed; QIB allotment is proportionate. Numbers move until subscription closes. This is not investment advice.

What Does This Subscription Data Mean?

IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:

  • QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
  • NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
  • Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
  • Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.

Data sourced from BSE/NSE. Subscription numbers are updated during market hours (10 AM – 5 PM IST) on active subscription days.

Frequently Asked Questions

What is the current subscription status of Devson Catalyst IPO?

As of IPO close date (13 Jul, 2026), the Devson Catalyst IPO is subscribed 205.06x times. Retail category is 244.03x, and NII is 192.74x subscribed.

When is the allotment date for Devson Catalyst IPO?

The allotment for Devson Catalyst IPO is expected to be finalized on 14 July, 2026.

What is the GMP of Devson Catalyst?

The Grey Market Premium (GMP) for Devson Catalyst is currently ₹51, indicating a potential listing gain of 43.2%.

When will Devson Catalyst IPO list on the stock market?

Devson Catalyst is scheduled to list on BSE and NSE on 16 July, 2026.

What are the chances of getting allotment in Devson Catalyst IPO?

The retail category is oversubscribed at 244.03x, meaning allotment is by lottery. Statistically, approximately 1 in 245 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 168.56x mean for Devson Catalyst IPO?

Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 168.56x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.

How to check Devson Catalyst IPO allotment status?

After the allotment date (14 Jul, 2026), you can check your Devson Catalyst IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.

Explore Devson Catalyst IPO Further

Track every stage of this IPO from subscription to listing:

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