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Listed SME

Devson Catalyst IPO Subscription Status

Devson Catalyst IPO was subscribed 205.06 times when bidding closed on 13 Jul 2026: QIB 168.56x, NII 192.74x, Retail 244.03x.

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 25 Aug, 12:54 PM.

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.

Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Live bidding

Shares bid against shares offered, category by category, as published by the exchanges. Switch to Detailed for the exchange's own sub-category rows.

Last updated 25 Aug 2026, 12:54 PM
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

Subscription insights

What the current book is saying, read off the category numbers above.

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

End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.

Date Total
13 Jul 2026
Day 3
205.06x ▼
QIB168.56x NII192.74x Retail244.03x
10 Jul 2026
Day 2
27.35x ▼
QIB2.6x NII27.14x Retail42.88x
09 Jul 2026
Day 1
8.08x ▼
QIB1.72x NII10.59x Retail10.99x

Devson Catalyst SME IPO dates

From the bidding window to listing. Today is 3 October.

Key dates Listed
  1. Open 09 Jul 2026
  2. Close 13 Jul 2026
  3. Allotment 14 Jul 2026
  4. Refund/credit 15 Jul 2026
  5. Listing 16 Jul 2026

Devson Catalyst IPO allotment probability

Your odds of an allotment in each category at the current subscription.

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:

  • 01 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.
  • 02 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.
  • 03 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.
  • 04 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

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 ₹49, indicating a potential listing gain of 41.5%.

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.

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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.

Total
205.06x
QIB
168.56x
NII
192.74x
Retail
244.03x
Full IPO details