Utkal Speciality Industries
17 Jun '26SME
Min. Investment
₹2,48,000
Issue size
₹34.54 Cr
GMP
Locked
Overall subscription: 0.3x
Expert verdict
IPO dates
10 Jun
Opening
12 Jun
Closing
15 Jun
Allotment
17 Jun
Listing
*Refunds will be initiated on 16 Jun '26
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 4000 | ₹2,64,000 |
Subscription (as on 10 June 2026, 05:30 PM)
Overall0.3x
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 2015|MD: Mr Akash Agrawal
- Utkal Speciality Industries India Limited is engaged in the manufacturing of paper-based products and packaging materials. Its product portfolio includes paper plates, paper cups, paper glasses, paper bowls, tissue papers, pizza and sweets boxes, and wrap papers used across food service and packaging applications. The company also generates a small portion of its revenue from trading activities, including polyethylene and corrugated boxes, and undertakes contract manufacturing services for select customers involving extrusion coating of paper supplied by clients.
- The company serves both business-to-business (B2B) and business-to-consumer (B2C) customers, including manufacturers, retailers, cloud kitchens, and other businesses. It operates across 15 states in India, with a significant presence in Odisha and West Bengal. While the company previously exported products to countries such as Iraq and Algeria, it currently focuses on the domestic market. Its operations are primarily centered on supplying paper-based products and packaging solutions to a diverse customer base.
- Use of proceeds:
- This is a fresh issue of shares. Therefore, the net proceeds from the fresh issue will go to the company. They will be utilised for the following purposes:
- Funding incremental working capital requirements of the company — Rs 5.31 crore
- Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company — Rs 11 crore
- Funding capital expenditure requirements towards purchase of machinery for the new manufacturing facility at Khurda, Odisha — Rs 9.60 crore
- General corporate purposes
- To meet the offer-related expenses
Issue Details & Objective
Lot size
2000 Shares
Price band
₹62 to 66
Face value
₹10 per share
Financials
IPO reservation
QIB - 0.99%
HNI - 40.79%
Retail - 58.22%
Download DRHP (IPO Doc)FAQs
Should I apply for the Utkal Speciality Industries IPO?
Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
What is the issue size of Utkal Speciality Industries IPO?
The issue size of Utkal Speciality Industries IPO is ₹34.54 Cr
What are the open and close dates for Utkal Speciality Industries IPO?
The Utkal Speciality Industries IPO will be open for applications from 10 Jun '26 to 12 Jun '26
What is the lot size and minimum order quantity of Utkal Speciality Industries IPO?
The lot size of Utkal Speciality Industries IPO is 2000 Shares and its minimum investment amount is ₹2,48,000.
What is the GMP value of Utkal Speciality Industries IPO?
Grey market premium (GMP) is a premium amount at which grey market IPO shares are traded before they get listed in the stock exchange. The GMP for Utkal Speciality Industries IPO is 19.70
