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The Economic Times
The Economic Times
Business
Ritesh Presswala

Devson Catalyst shares to debut today; GMP hints at 42% listing gain

GMP IPO

Devson Catalyst is set to make its stock market debut on the BSE SME platform on Thursday, July 16, with investor sentiment remaining upbeat. A strong grey market premium (GMP) suggests the stock could deliver a listing gain of around 42%.

The Rs 42.34 crore SME IPO received an overwhelming response during its subscription window from July 9 to July 11, closing 220.35 times subscribed, reflecting robust demand across investor categories.

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