Current IPO
Devson Catalyst Ltd
Registered Office:
No.213-218 & 233-237 Phase-2,Ambawadi GIDC Wadhwancity,
Gujarat ,
Surendra Nagar,363030
Phone : +91 72010 10244
|
Fax : N/A
| 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.
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Allotment | Application |
| 09-Jul-26 | 13-Jul-26 | 0.0 - 0.0 | 112.0 - 118.0 |
Minimum Application for shares in Nos : 2400.00 Further Multiples of : 1200.00
| ( in Cr) | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 0.00 |
JJ IPO Advisors Private Limited |
| Project Financed | 40.19 | |
| Post Issue | 13.84 | |
| Issue Price | 13.84 |
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
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Promoted By
Prahladbhai Devjibhai Shiyaniy
Patel Savan Prahladbhai
Pratapbhai Devjibhai Shiyaniya
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Listing At
BSE - SME
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Registrar to the Issue
MUFG Intime India Pvt Ltd