Comparison between Devson Catalyst IPO and Gulf Lloyds IPO.
Devson Catalyst IPO is a SME Fixed Price IPO proposed to list at BSE SME while Gulf Lloyds IPO is a SME Fixed Price proposed to list at BSE SME.
| Devson Catalyst IPO | Gulf Lloyds IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | JJ IPO Advisors Pvt.Ltd. | Interactive Financial Services Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | MNM Stock Broking Pvt.Ltd. | Prabhat Financial Services Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL |
The total issue size of Devson Catalyst IPO is up to ₹40.21 Cr whereas the issue size of the Gulf Lloyds IPO is up to ₹17.28 Cr. The final issue price of Devson Catalyst IPO is ₹118.00 per share and of Gulf Lloyds IPO is ₹100.00 per share.
| Devson Catalyst IPO | Gulf Lloyds IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹112.00 per share | |
| Issue Price (Upper) | ₹118.00 per share | |
| Issue Price (Final) | ₹118.00 per share | ₹100.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 1200 shares |
| Fresh Issue Size | 31,58,000 shares | 17,28,000 shares |
| Fresh Issue Size (Amount) | up to ₹37.26 Cr | up to ₹17.28 Cr |
| OFS Issue Size | 2,50,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹2.95 Cr | up to ₹0.00 Cr |
| Issue Size Total | 34,08,000 shares | 17,28,000 shares |
| Issue Size Total (Amount) | up to ₹40.21 Cr | up to ₹17.28 Cr |
Devson Catalyst IPO opens on Jul 09, 2026, while Gulf Lloyds IPO opens on Jul 20, 2026. The closing date of Devson Catalyst IPO and Gulf Lloyds IPO is Jul 13, 2026, and Jul 22, 2026, respectively.
| Devson Catalyst IPO | Gulf Lloyds IPO | |
|---|---|---|
| Anchor Bid Date | Jul 08, 2026 | |
| Issue Open | Jul 09, 2026 | Jul 20, 2026 |
| Issue Close | Jul 13, 2026 | Jul 22, 2026 |
| Basis Of Allotment (Tentative) | Jul 14, 2026 | Jul 23, 2026 |
| Initiation of Refunds (Tentative) | Jul 15, 2026 | Jul 24, 2026 |
| Credit of Share (Tentative) | Jul 15, 2026 | Jul 24, 2026 |
| Listing date (Tentative) | Jul 16, 2026 | Jul 27, 2026 |
| Anchor Lockin End date 1 | Aug 13, 2026 | |
| Anchor Lockin End date 2 | Oct 12, 2026 |
Devson Catalyst IPO P/E ratio is 9.66, as compared to Gulf Lloyds IPO P/E ratio of 11.41.
| Devson Catalyst IPO | Gulf Lloyds IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)Devson Catalyst Ltd.'s revenue increased by 6% and profit after tax (PAT) rose by 63% between the financial year ending with March 31, 2026 and March 31, 2025.
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 99.94 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 74.97 | 72.92 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 9.66 | 11.41 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹160.34 Cr. | ₹67.29 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 45.97 | 37.49 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 47.60 | 24.88 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.07 | 1.15 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹12.22 | ₹8.76 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 37.38 | 31.92 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Devson Catalyst IPO Retail Individual Investors (RII) are offered 11,76,000 shares while in Gulf Lloyds IPO retail investors are offered 11,76,000 shares. Qualified Institutional Buyers (QIB) are offered 6,62,400 shares in Devson Catalyst IPO and 0 shares in Gulf Lloyds IPO.
| Devson Catalyst IPO | Gulf Lloyds IPO | |
|---|---|---|
| Anchor Investor Reservation | 10,00,800 shares | 0 shares |
| Market Maker Reservation | 1,80,000 shares | 91,200 shares |
| QIB | 6,62,400 shares | 0 shares |
| NII | 5,04,000 shares | 8,64,000 shares |
| RII | 11,76,000 shares | 8,64,000 shares |
| Employee | 64,800 shares | 0 shares |
| Others | ||
| Total | 34,08,000 shares | 17,28,000 shares |
Devson Catalyst IPO subscribed 155.64x in total, whereas Gulf Lloyds IPO subscribed 8.28x.
| Devson Catalyst IPO | Gulf Lloyds IPO | |
|---|---|---|
| QIB (times) | 168.56x | |
| NII (times) | 261.22x | 2.13x |
| Big NII (times) | 286.50x | |
| Small NII (times) | 211.19x | |
| RII (times) | 244.08x | 14.43x |
| Employee (times) | 1.06x | |
| Other (times) | ||
| Total (times) | 155.64x | 8.28x |
