ListedSME

Devson Catalyst IPO Subscription Status

Final figures at close of bidding: 16 Jul 2026, 6:30 pm IST

CategorySubscription
QIB168.56x
NII261.22x
sNII (₹2L–₹10L)211.19x
bNII (above ₹10L)286.5x
Retail (RII)244.08x
Employee1.06x
Total220.35x

Bidding day 5

Day-wise subscription

DayQIBsNIIbNIIRetailEmployeeTotal
Day 11.72x8.06x11.86x10.99x0.72x8.08x
Day 22.6x30.59x39.46x42.92x0.81x29.35x
Day 32.6x42.92x29.35x
Day 42.6x42.92x29.35x
Day 5168.56x211.19x286.5x244.08x1.06x220.35x

Times subscribed per category (bids vs shares offered, anchor portion excluded). Bidding has closed — these are the final figures.

How the book filled

Day-by-day demand

The Devson Catalyst book was built over 5 days: overall subscription stood at 8.08× at the close of day 1, read 29.35× at the end of day 2, read 29.35× at the end of day 3, read 29.35× at the end of day 4, and finished at 220.35× on day 5. On the final day it was non-institutional investors (NII) driving the book, at 261.22× of the shares set aside for the category. More than half of the final demand arrived after day 1 — a late-building book. The largest single-day addition came on day 5, when the overall multiple moved from 29.35× to 220.35×.

Category detail

Qualified institutional buyers took their portion to 168.56×. Non-institutional investors came in at 261.22×, split 211.19× in the small-NII bucket (bids under ₹10 lakh) and 286.5× among big NIIs (above ₹10 lakh). Within the NII book, the bigger ₹10-lakh-plus bids outpaced the smaller applications. Retail investors put in bids for 244.08× the shares reserved for them. Reserved portions ended with the employee quota at 1.06×. That puts non-institutional investors (NII) at the top of the book at 261.22× and the employee quota at the bottom at 1.06×.

What the multiple means for allotment

With retail subscription at 244.08×, applications in that category exceeded the shares available to it by a factor of about 244.08. When a retail book is oversubscribed, the registrar does not allot proportionately — allotment runs as a computerised lottery among all valid applications, with each successful application receiving at least one lot of 1200 shares — ₹1,41,600 of stock at the upper band. The multiple above is the data point that determines how thinly that draw is spread; it describes the final book, not the outcome of any single application.

Frequently asked questions

When does the Devson Catalyst IPO open and close?
The Devson Catalyst IPO opens on 9 Jul 2026 and closes on 13 Jul 2026.
How many times was the Devson Catalyst IPO subscribed?
The Devson Catalyst IPO was subscribed 220.35 times in total across all investor categories.
What is the reservation split in the Devson Catalyst IPO?
Of the total shares offered, retail investors get 34.51%, QIBs 19.44% (plus 29.37% anchor), non-institutional investors 14.79%.