Utkal Speciality Industries – IPO

The IPO of Utkal Speciality Industries is structured as a book-built issue totaling Rs 54.84 crores. The issue consists entirely of a fresh issue of 46.48 lakh shares, aggregating to Rs 54.84 crores. There is no offer for sale in the IPO.

The Utkal Speciality Industries IPO opened for subscription on June 24, 2026, and closed on June 26, 2026. The finalization of the allotment took place on Monday, June 29, 2026. The shares were listed on NSE SME on Wednesday, July 1, 2026.

The price band for the Utkal Speciality Industries IPO was set between ₹113 and ₹118 per share. A minimum lot size of 1,200 shares was required for an application. The minimum investment amount required by retail investors was ₹141,600. For sNII investors, the minimum lot size investment was 2 lots (2,400 shares), amounting to ₹283,200, while for bNII investors, it was 5 lots (6,000 shares), amounting to ₹708,000.

Utkal Speciality Industries – IPO Details

IPO Date June 10, 2026 to June 12, 2026
Listing Date June 17, 2026
Face Value ₹ 10 / Share
Price Band ₹ 62 to ₹ 66 / Share
Lot Size 2000 Shares
Total Issue Size 5234000
(Aggregating up to 35 )
Fresh Issue 4970000
(Aggregating up to 33)
Offer for Sale
Employee Discount
Issue Type Bookbuilding IPO
Listing At NSE SME
Share holding pre issue 14300000
Share holding post issue 19534000
Market Maker portion

Utkal Speciality Industries Timeline (Tentative Schedule)

Utkal Speciality Industries IPO opens on June 10, 2026, and closes on June 12, 2026.

IPO Open Date June 10, 2026
IPO Close Date June 12, 2026
Basis of Allotment June 15, 2026
Initiation of Refunds June 16, 2026
Credit of Shares to Demat June 16, 2026
Listing Date June 17, 2026
Cut-off time for UPI mandate confirmation --

Utkal Speciality Industries IPO Lot Size

Investors can bid for a minimum of 4,000 shares and in multiples of 2,000 shares thereof. 

Application Lots Shares Amount
Retail (Min) 2 4,000 Rs.264,000
Retail (Max) 2 4,000 Rs.264,000
S-HNI (Min) 3 6,000 Rs.396,000
S-HNI (Max) 7 14,000 Rs.924,000
B-HNI (Min) 8 16,000 Rs.1,056,000
HNI (Min)

Utkal Speciality Industries IPO Promoter Holding

Share Holding Pre Issue 14300000
Share Holding Post Issue 19534000

Utkal Speciality Industries IPO Reservation

Utkal Speciality IPO comprises a total issue size of 52,34,000 shares. The net offer to the public is 49,70,000 shares, after excluding 2,64,000 shares allotted on a firm basis. Of the Net offer 50,000 (1.01%) are allocated to QIB, 19,68,000 (39.60%) allocated to NII 29,52,000 (59.40%) allocated to RII.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered
Market Maker Shares Offered 264000
5.04
Other Shares Offered
QIB Shares Offered 50000
1.01
0.96
NII (HNI) Shares Offered 1968000
39.60
37.60
bNII > ₹10L 1314000
25.11
sNII < ₹10L 654000
12.50
Retail Shares Offered 2952000
59.40
56.40
Employee Shares Offered
Total Shares Offered 5234000
100.00

Utkal Speciality Industries IPO Anchor Investors Details

Bid Date
Shares Offered
Anchor Portion Size (In Cr.)
Anchor lock-in period end date for 50% shares (30 Days)
Anchor lock-in period end date for remaining shares (90 Days)

About Utkal Speciality Industries

Incorporated on September 01, 2015, Utkal Speciality Industries India Limited is engaged in the manufacturing of paper-based products and packaging materials, offering a broad range of items that serve both functional and aesthetic needs across various consumer segments.

The product portfolio includes thoughtfully designed paper-based alternatives intended for everyday use as well as special occasions, aligning with evolving consumer preferences for sustainable and convenient options.

The company wide range of customers, including smaller manufacturers as well as end retailers who distribute our paper-based products and packaging materials.

As on 31st March, 2025, the company have 50 employees.

Competitive Strengths:

  • They offer a vast selection of SKUs to cater to diverse customer requirements
  • Strategically located on the highway linking Kolkata to Chennai
  • Fully integrated end-to-end manufacturing unit for seamless production processes
  • Freight costs are lower as suppliers are mainly from the South
  • Dedicated to ensuring customer satisfaction by delivering high-quality products consistently

Key Performance Indicator

KPI Values
ROE 22.50
ROCE 16.78
Debt/Equity 0.63
RoNW 25.26
P/BV 3.48
PAT Margin (%) 13.79
  Pre IPO Post IPO
EPS (Rs) 4.67 3.74
P/E (x) 14.12 17.63

Note:

Akash Agrawal, Meena Agarwal and Manoj Agarwal



Objects of the Issue (Utkal Speciality Industries IPO Objectives)

Utkal Speciality Industries Contact Details

Utkal Speciality Industries India Ltd. Address

IDC0 Plot No.I/5/B

Food Processing Park

Khurda

Khurda, Odisha, 752057

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IPO FAQs

Utkal Speciality Industries IPO Registrar

Frequently Asked Questions


What is Utkal Speciality Industries IPO?
The Utkal Speciality Industries IPO is classified as an Mainline IPO. The issue price is set between ₹62 and ₹66 per equity share. A minimum of 2000 shares is required per order. The IPO will be open from June 10, 2026, to June 12, 2026. The shares are proposed to be listed on NSE SME.

When does the Utkal Speciality Industries IPO open and close?
The Utkal Speciality Industries IPO will be opened on June 10, 2026, and closed on June 12, 2026.

What is the issue size of the Utkal Speciality Industries IPO?
The size of the Utkal Speciality Industries IPO is 35 in total. A fresh issue of 4970000 shares, aggregating up to 33, is included.

What is the price band of the Utkal Speciality Industries Limited IPO?
The price band for the IPO has been set between ₹62 - ₹66 per equity share.

What is the allotment date of the Utkal Speciality Industries IPO?
The share allotment date for the Utkal Speciality Industries IPO is set for June 15, 2026.

What is the Utkal Speciality Industries listing date?
The Utkal Speciality Industries IPO is scheduled to be listed on June 17, 2026.

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