Bookbuilding IPO | ₹35 Cr | Listed at NSE SME | Wed, Jun 10, 2026 - Fri, Jun 12, 2026
Utkal Speciality IPO is a book build issue of ₹34.54 crores. The issue is entirely a fresh issue of 0.52 crore shares of ₹34.54 crore.
Utkal Speciality IPO bidding started from Jun 10, 2026 and ended on Jun 12, 2026. The allotment for Utkal Speciality IPO was finalized on Jun 15, 2026. The shares got listed on the NSE SME on Jun 17, 2026.
Utkal Speciality IPO is set final issue price at ₹66 per share. The lot size for an application is 2,000 shares. The minimum amount of investment required by an individual investor (retail) is ₹2,64,000 (4,000 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (6,000 shares), amounting to ₹3,96,000.
Affinity Global Capital Market Pvt.Ltd. is the book running lead manager and Cameo Corporate Services Ltd. is the registrar of the issue. The Market Maker of the company is Giriraj Stock Broking Pvt.Ltd.
Refer to Utkal Speciality IPO RHP for detailed Information.
IPO Open
Wed, Jun 10, 2026
IPO Close
Fri, Jun 12, 2026
Issue Price
₹66 per share
Market Cap (Pre-IPO)
₹128.92 Cr
| IPO Date | 10 to 12 Jun, 2026 |
| Listed on | Wed, Jun 17, 2026 |
| Face Value | ₹10 per share |
| Price Band | ₹62 to ₹66 |
| Issue Price | ₹66 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 52,34,000 shares (agg. up to ₹35 Cr) |
| Reserved for Market Maker | 2,64,000 shares Giriraj Stock Broking Pvt.Ltd. (agg. up to ₹2 Cr) |
| Fresh Issue (Ex Market Maker) | 49,70,000 shares (agg. up to ₹33 Cr) |
| Net Offered to Public | 49,70,000 shares (agg. up to ₹33 Cr) |
| Share Holding Pre Issue | 1,43,00,000 shares |
| Share Holding Post Issue | 1,95,34,000 shares |
| NSE Symbol | UTKAL |
| ISIN | INE1V1R01014 |
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 | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 50,000 | 1.01% | 0.96% |
| NII (HNI) Shares Offered | 19,68,000 | 39.60% | 37.60% |
| − bNII > ₹10L | 13,14,000 | 25.11% | |
| − sNII < ₹10L | 6,54,000 | 12.50% | |
| Retail Shares Offered | 29,52,000 | 59.40% | 56.40% |
| Firm Reservations | |||
| Market Maker Shares Offered | 2,64,000 | 5.04% | |
| Total Shares Offered | 52,34,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 4,000 shares and in multiples of 2,000 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 4,000 | ₹2,64,000 |
| Individual investors (IND) (Max) | 2 | 4,000 | ₹2,64,000 |
| S-HNI (Min) | 3 | 6,000 | ₹3,96,000 |
| S-HNI (Max) | 7 | 14,000 | ₹9,24,000 |
| B-HNI (Min) | 8 | 16,000 | ₹10,56,000 |
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:
| Period Ended | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 48.63 | 44.04 | 37.60 | 35.27 |
| Total Income | 40.90 | 50.28 | 44.15 | 46.23 |
| Profit After Tax | 5.48 | 6.68 | 3.24 | 2.21 |
| EBITDA | 7.76 | 9.22 | 6.19 | 4.23 |
| NET Worth | 27.12 | 21.64 | 9.95 | 6.07 |
| Reserves and Surplus | 12.82 | 7.34 | 5.30 | 2.07 |
| Total Borrowing | 17.16 | 17.37 | 25.43 | 25.41 |
| Amount in ₹ Crore | ||||
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Exim Routes Ltd. | SME | ₹43.73 Cr | ₹88 | 16.04 | ₹115.50 | +31.25% | ₹110.35 (-0.59%) |
| Aaradhya Disposal Industries Ltd. | SME | ₹45.10 Cr | ₹116 | 11.57 | ₹116.55 | +0.47% | ₹75.00 (-0.07%) |
| Aten Papers & Foam Ltd. | SME | ₹31.68 Cr | ₹96 | 9.58 | ₹85.50 | -10.94% | ₹22.24 (+4.96%) |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding incremental working capital requirements of the Company | 5.31 |
| 2 | Prepayment or Repayment of all or a portion of certain outstanding borrowings availed by the Company | 11.00 |
| 3 | Funding Capital Expenditure requirement towards purchase of machinery for the new manufacturing facility at Khurda, Odisha | 9.60 |
| 4 | General Corporate Purposes | 4.89 |
| 5 | To meet the Offer Related Expenses | 3.74 |
| Total | 34.54 |
| KPI | Dec 31, 2025 | Mar 31, 2025 |
|---|---|---|
| ROE | 22.50% | 35.42% |
| ROCE | 16.78% | 23.03% |
| Debt/Equity | 0.63 | 0.80 |
| RoNW | 25.26% | 30.88% |
| PAT Margin | 13.79% | 13.74% |
| EBITDA Margin | 19.51% | 18.96% |
| Price to Book Value | 3.48 | 4.36 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 4.67 | 3.74 |
| P/E (x) | 14.12 | 17.63 |
| Promoter Holding | 100% | 73.20% |
| Market Cap | ₹128.92 Cr. |
The Utkal Speciality IPO IPO subscription status. Full data available on IPOMatrix.com.
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Applications |
|---|---|---|---|---|
| Total | 1.43 | 49,70,000 | 71,14,000 | 1,628 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead Manager Fees | 1.73 |
| 2 | Underwriting Fees | 0.52 |
| 3 | Selling Commission Fee | 1.24 |
| 4 | Fees Payable to the Market Maker to the Issue | 0.04 |
| 5 | Fees Payable to the Registrar to the Issue | 0.01 |
| 6 | Fees Payable for Advertising and Publishing expenses | 0.05 |
| 7 | Fees payable to Regulators including Stock Exchange and Depositories | 0.11 |
| 8 | Payment fees for Printing & Stationery, Postages, etc | 0.00 |
| 9 | Fees payable to Statutory Auditor, Legal Advisors and other Professionals | 0.03 |
| 10 | Concurrent Auditor | 0.00 |
| Total | 3.74 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹66.00 |
| Open | ₹66.00 |
| Low | ₹62.70 |
| High | ₹66.00 |
| Last Trade | ₹62.70 |
Lead Manager Reports
Utkal Speciality IPO is a SME IPO of 52,34,000 equity shares of the face value of ₹10 aggregating up to ₹35 Crores. The issue is priced at ₹66 per share. The minimum order quantity is 2000.
The IPO opens on Wed, Jun 10, 2026, and closes on Fri, Jun 12, 2026.
Cameo Corporate Services Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Utkal Speciality IPO using UPI as a payment gateway. Zerodha customers can apply in Utkal Speciality IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Utkal Speciality IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Utkal Speciality IPO opens on Wed, Jun 10, 2026 and closes on Fri, Jun 12, 2026.
Utkal Speciality IPO lot size is 2000, and the minimum amount required for application is ₹2,64,000, with 2 lots being the minimum application size.
You can apply in Utkal Speciality IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Utkal Speciality IPO will be done on Monday, June 15, 2026, and the allotted shares will be credited to your demat account by Tue, Jun 16, 2026. Check the Utkal Speciality IPO allotment status.
The Utkal Speciality IPO listing date is on Wed, Jun 17, 2026.
