Utkal Speciality Industries India IPO
Open SmeCurrent GMP
₹7 (+10.61%)
Price Band
₹ 62 – 66
Lot Size
2000
Issue Size
₹35 Cr
Minimum Investment
₹264000 (4000 Shares)
Listing Date
17 June 2026
Subscription
1.65x
About the Company
Utkal Speciality Industries India Limited was incorporated on September 1, 2015, and is engaged in the manufacturing of paper-based products and packaging materials. The company offers a diverse portfolio of products designed to meet both functional and aesthetic requirements across a wide range of consumer and industrial applications.
Its product range includes innovative and environmentally friendly paper-based solutions for everyday use as well as special occasions, catering to the growing demand for sustainable, convenient, and high-quality alternatives.
The company serves a broad customer base comprising small and medium-sized manufacturers, wholesalers, distributors, and retailers involved in the sale and distribution of paper products and packaging materials.
As of March 31, 2025, Utkal Speciality Industries India Limited employed 50 personnel across its operations, supporting its manufacturing, sales, and administrative functions.
Promoters
- Mr. Akash Agrawal
- Mrs. Meena Agarwal
- Mr. Manoj Agarwal
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
73.20%
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Funding incremental working capital requirements of the Company
- Prepayment or Repayment of all or a portion of certain outstanding borrowings availed by the Company
- Funding Capital Expenditure requirement towards purchase of machinery for the new manufacturing facility at Khurda, Odisha
- General Corporate Purposes
- To meet the Offer Related Expenses
Address / Contact Info
Utkal Speciality Industries India Ltd. Address
IDC0 Plot No. I/5/B,
Food Processing Park,
Khurda,
Khurda, Odisha, 752057
Tel: +91 90401-34060
Email: compliance@utkalspeciality.com
Website:http://www.utkalspeciality.com/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Wednesday, 10 June 2026
IPO Close Date
Friday, 12 June 2026
Basis of Allotment
Monday, 15 June 2026
Initiation of Refunds
Tuesday, 16 June 2026
Credit of Shares to Demat
Tuesday, 16 June 2026
Listing Date
Wednesday, 17 June 2026 — NSE & BSE
Important Dates
Open Date
10 June 2026
Close Date
12 June 2026
Basis Of Allotment
15 June 2026
Listing Date
17 June 2026
Financial Performance (₹ in Crores)
| Particular | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 48.63 | 44.04 | 37.6 | 35.27 |
| Revenue | 40.9 | 50.28 | 44.15 | 46.23 |
| Profit After Tax | 5.48 | 6.68 | 3.24 | 2.21 |
| Net Worth | 27.12 | 21.64 | 9.95 | 6.07 |
| Reserve & Surplus | 12.82 | 7.34 | 5.3 | 2.07 |
| Total Borrowings | 17.16 | 17.37 | 25.43 | 25.41 |
EPS Pre
4.67%
EPS Post
3.74%
P/E Pre
14.12
P/E (Post Issue)
17.63x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | Dec 2025 | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|
| ROE % | 22.5 | 35.42 | 23.11 | 23.4 |
| ROCE % | 16.78 | 23.03 | 11.67 | 0 |
| Debt / Equity | 0.63 | 0.8 | 1.58 | 2.13 |
| RoNW % | 25.26 | 30.88 | 32.53 | 36.39 |
| PbW | 0 | 0 | 0 | 0 |
| Pat Margin % | 13.79 | 13.74 | 7.37 | 4.81 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 50000 | 0.99 | 0 |
| Non-Institutional | 2068000 | 40.79 | 0 |
| BNII | 1414000 | 27.89 | 0 |
| SNII | 654000 | 12.9 | 0 |
| Retail Investors | 2952000 | 58.22 | 0 |
| Total | 5070000 | 100 | 0 |
Subscription Status ( Fri, 12 Jun 26 01:54 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 50000 | 56000 | 1.12x |
| Non-Institutional | 2068000 | 2112000 | 1.02x |
| BNII | 1414000 | 1526000 | 1.08x |
| SNII | 654000 | 586000 | 0.9x |
| Retail Investors | 2952000 | 6208000 | 2.1x |
| Total | 5070000 | 8376000 | 1.65x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Utkal Speciality Industries India Ltd | 10 | 0.00 | 5.11 | 5.11 | 25.26 | 18.97 |
| Spinaroo Commercial Ltd | 10 | 33.66 | 1.75 | 1.75 | 5.28 | 33.50 |
| Aaradhya Disposal Industries Ltd | 10 | 12.81 | 8.78 | 8.78 | 15.93 | 76.05 |
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 4,000 | 264,000.00 |
| Retail (Max) | 2 | 4,000 | 264,000.00 |
| S-HNI (Min) | 3 | 6,000 | 396,000.00 |
| S-HNI (Max) | 7 | 14,000 | 924,000.00 |
| B-HNI (Min) | 8 | 16,000 | 1,056,000.00 |
Registrar
Cameo Corporate Services Limited
044 - 2846 0390/91/92/93/94/95
cameo@cameoindia.com
https://cameoindia.com
Book Running Lead Managers
- Affinity Global Capital Market Private Limited
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Utkal Speciality Industries India IPO is a Book-building IPO worth ₹35 crores. The price band is ₹62 to 66 per share. The IPO opens on Wed, Jun 10, 2026 and closes on Fri, Jun 12, 2026. It will be listed on BSE and NSE. Cameo Corporate Services Limited is the registrar.
The Utkal Speciality Industries India IPO opens on Wed, Jun 10, 2026 and closes on Fri, Jun 12, 2026
Utkal Speciality Industries India IPO Price Band is ₹62 to 66.
Utkal Speciality Industries India IPO lot size is 2000, and the minimum amount required for application is ₹264000.
The minimum investment for Utkal Speciality Industries India IPO is approximately ₹264000 based on the upper price band.
To apply for the Utkal Speciality Industries India IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Fri, Jun 12, 2026. After submission, funds are blocked until the basis of allotment of Utkal Speciality Industries India IPO is finalised.
Utkal Speciality Industries India IPO issue size is ₹35 crores.
Utkal Speciality Industries India IPO allotment date is Sat, Jun 27, 2026.
The registrar for Utkal Speciality Industries India IPO is Cameo Corporate Services Limited. Investors can go to Cameo Corporate Services Limited website for IPO allotment status, refund processing, and other queries related to Utkal Speciality Industries India IPO through their official website or helpline.
The Utkal Speciality Industries India IPO GMP (Grey Market Premium) is ₹0 as of Wed, Jun 17, 2026. Based on the upper price band of ₹66 per share, the estimated Utkal Speciality Industries India IPO listing price is ₹66, indicating a potential listing gain of approximately 31% over the issue price.