
Devson Catalyst IPO Detail
Last Updated on July 10, 2026 Devson Catalyst Ltd. IPO Devson Catalyst Limited is an indigenous manufacturer of catalysts, adsorbents and ceramic balls used as key materials in various industrial
Incorporated in 1988, Laser Power & Infra Ltd. is a Kolkata-based integrated manufacturer of power cables, conductors and other specialised products and components to the power transmission and distribution industry in India.
The company strategically expanded their business by entering the engineering, procurement, and construction (“EPC”) segment in power distribution sector, focusing on rural electrification projects, power distribution infrastructure development, and installation of substations, among other turnkey solutions.
As of March 31, 2026, the company operate three Manufacturing Units each located at West Bengal, India, which have a combined installed capacity of 85.448 MT.
Business Segments:
As of Mar 31, 2026, it has an order book of ₹32,434 million.
As of Mar 31, 2026, it operates across 26 states and four union territories in India including West Bengal, Bihar, Jharkhand, Odisha, Assam, and Madhya Pradesh and 10 countries.
Competitive Strengths:
Laser Power & Infra Ltd.’s revenue decreased by 9% and profit after tax (PAT) rose by 42% between the financial year ending with March 31, 2026 and March 31, 2025.
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 2,632.36 | 2,270.17 | 1,986.99 |
| Total Income | 2,347.89 | 2,592.53 | 1,763.65 |
| Profit After Tax | 151.59 | 106.75 | 40.41 |
| EBITDA | 301.44 | 250.39 | 156.10 |
| NET Worth | 725.41 | 574.58 | 473.44 |
| Total Borrowing | 828.23 | 502.95 | 393.75 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Pre-payment or re-payment, in full or in part, of all or a portion of certain outstanding borrowings availed by the Company | 490.00 |
| 2 | General Corporate Purposes | |
| Total | 490.00 |
| KPI | Mar 31, 2026 |
|---|---|
| ROE | 23.32% |
| ROCE | 17.83% |
| Debt/Equity | 1.10 |
| RoNW | 20.90% |
| PAT Margin | 6.46% |
| EBITDA Margin | 12.96% |
| Price to Book Value | 3.39 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 13.18 | 10.80 |
| P/E (x) | 16.24 | 19.82 |
| IPO Date | 9 to 13 Jul, 2026 |
| Listing Date | Thu, Jul 16, 2026 |
| Face Value | ₹5 per share |
| Price Band | ₹203 to ₹214 |
| Lot Size | 70 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 3,46,72,896 shares (agg. up to ₹742 Cr) |
| Fresh Issue | 2,53,27,102 shares (agg. up to ₹542 Cr) |
| Offer for Sale | 93,45,794 shares of ₹5 (agg. up to ₹200 Cr) |
| Share Holding Pre Issue | 11,50,41,240 shares |
| Share Holding Post Issue | 14,03,68,342 shares |
Deepak Goel, Devesh Goel, Akshat Goel and Rakhi Goel
| Share Holding Pre Issue | 100% |
| Share Holding Post Issue | 75.29% |
As per our analysis and Based on the information we have, this is the output.
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