Utkal Speciality Industries India IPO
GMP, Subscription, Price, Dates & Financial Details
Packaging
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…
Open Date
Wed, 10 Jun 2026
Close Date
Fri, 12 Jun 2026
Price Band
₹ 62 – 66
Lot Size
2000
Issue Size
₹ 35.00 Cr
Minimum Investment
₹ 264,000 (4000 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Utkal Speciality Industries India IPO has successfully completed its IPO process and is now listed on NSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹35.00 Crore, comprising a fresh issue of 49.70 Lakh equity shares aggregating to ₹33.00 Crore.
The Utkal Speciality Industries India IPO remained open for subscription from June 10, 2026, to June 12, 2026. The basis of allotment was finalized on June 15, 2026, and the company's shares were listed on NSE SME Platform on June 17, 2026.
The company had fixed the price band at ₹62 to ₹66 per share, with a lot size of 2000 shares. Retail investors were required to make a minimum investment of ₹264,000 (based on the upper price band) to apply for one lot.
Cameo Corporate Services Limited served as the registrar to the issue. Affinity Global Capital Market Private Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Utkal Speciality Industries India Limited is now a publicly listed company on NSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Utkal Speciality Industries India IPO Timeline (Tentative)
- IPO Open Date
- Wed, 10 Jun 26
- IPO Close Date
- Fri, 12 Jun 26
- Basis of Allotment
- Mon, 15 Jun 26
- Initiation of Refunds
- Tue, 16 Jun 26
- Credit of Shares to Demat
- Tue, 16 Jun 26
- Listing Date
- Wed, 17 Jun 26 — NSE & BSE
Open Date
10 June 2026
Close Date
12 June 2026
Basis Of Allotment
15 June 2026
Listing Date
17 June 2026
IPO Subscription
Check Live Subscription →The Utkal Speciality Industries India IPO has received bids for 83,76,000 shares against 50,70,000 shares offered, resulting in an overall subscription of 1.65x. the NII category is subscribed 1.02x, Retail Investors 2.1x, and QIBs 1.12x. Within the NII category, BNII is subscribed 1.08x, while SNII is subscribed 0.9x.
QIB
1.12x
NII
1.02x
BNII
1.08x
SNII
0.9x
RII
2.1x
Total
1.65x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 29,52,000 shares, representing 58.22% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 50,000 shares (0.99%), while Non-Institutional Investors (NIIs) receive 20,68,000 shares (40.79%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 50,000 | 0.99% |
| Non-Institutional | 2,068,000 | 40.79% |
| BNII | 1,414,000 | 27.89% |
| SNII | 654,000 | 12.9% |
| Retail Investors | 2,952,000 | 58.22% |
| Total | 5,070,000 | 100% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Utkal Speciality Industries India Limited KPI Information
| 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 |
| Pat Margin % | 13.79 | 13.74 | 7.37 | 4.81 |
Peers Comparison
| 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 |
About Utkal Speciality Industries India Limited
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.
Utkal Speciality Industries India IPO Promoters
- Mr. Akash Agrawal
- Mrs. Meena Agarwal
- Mr. Manoj Agarwal
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
73.20%
Utkal Speciality Industries India IPO Objective
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
Utkal Speciality Industries India Limited Address / Contact Details
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
Utkal Speciality Industries India IPO Lot Size
The Utkal Speciality Industries India IPO has a lot size of 2,000 shares. Retail investors require a minimum investment of ₹2,64,000 by applying for 2 lot (4,000 shares). The maximum application allowed for the retail category is 2 lots (4,000 shares), requiring an investment of ₹2,64,000.
| 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 |
Issue Reservation
- QIB — 0.99%
- NII — 40.79%
- RII — 58.22%
Utkal Speciality Industries India IPO Registrar
Cameo Corporate Services Limited
Check Allotment StatusBook Running Lead Managers
- Affinity Global Capital Market Private Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Utkal Speciality Industries India IPO?
Utkal Speciality Industries India IPO is a Book-building IPO with a total issue size of ₹35 crore. The Utkal Speciality Industries India IPO price band is ₹62 to 66 per share. The Utkal Speciality Industries India IPO subscription opens on Wed, Jun 10, 2026, and closes on Fri, Jun 12, 2026. The Utkal Speciality Industries India IPO will be listed on the NSE. Cameo Corporate Services Limited is the registrar for the Utkal Speciality Industries India IPO.
When will the Utkal Speciality Industries India IPO open for subscription?
The Utkal Speciality Industries India IPO opens on Wed, Jun 10, 2026 and closes on Fri, Jun 12, 2026
What is Utkal Speciality Industries India IPO Price Band?
Utkal Speciality Industries India IPO Price Band is ₹62 to 66 per share.
What is Utkal Speciality Industries India IPO Lot Size?
Utkal Speciality Industries India IPO lot size is 2000 shares, Retail investors need a minimum investment of ₹264000 based on the upper price band
What is the minimum investment for Utkal Speciality Industries India IPO?
The minimum investment for Utkal Speciality Industries India IPO is ₹264000, based on one lot of 2000 shares at the upper price band of ₹66 per share.
How to apply for Utkal Speciality Industries India IPO?
Investors can apply for the Utkal Speciality Industries India IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Fri, Jun 12, 2026. The application amount remains blocked until the Utkal Speciality Industries India IPO allotment is finalized.
What is Utkal Speciality Industries India IPO Issue Size?
Utkal Speciality Industries India IPO issue size is ₹35 crores.
What is the Utkal Speciality Industries India IPO Allotment Date?
Utkal Speciality Industries India IPO allotment date is Mon, Jun 15, 2026.
Who is the Utkal Speciality Industries India IPO Registrar?
The registrar for Utkal Speciality Industries India IPO is Cameo Corporate Services Limited. Investors can go to Cameo Corporate Services Limited website to check Utkal Speciality Industries India IPO allotment status, refund processing, and other IPO-related information.
What is the Utkal Speciality Industries India IPO GMP?
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 0.00% over the issue price.
Who is the Utkal Speciality Industries India IPO Lead Manager?
The book-running lead managers (BRLMs) for the Utkal Speciality Industries India IPO are Affinity Global Capital Market Private Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Utkal Speciality Industries India IPO Red Herring Prospectus (RHP).