Devson Catalyst SME IPO subscribed 79x on Day 3 so far; GMP surges to 38%

Devson Catalyst Limited's SME IPO was subscribed over 78 times on the final day of bidding, as per BSE data.

The IPO's grey market premium (GMP) surged to 38%, indicating strong investor demand.

The subscription data is as of mid-day on July 13, the third day of the IPO.