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IPO Index

Utkal Speciality IPO Details 2026

SME Book Build Listed
Packaging & Disposables
NSE SME
Price Band
₹62 - ₹66
Issue Size
₹34.54 Cr
Lot Size
2,000 shares
Min. Investment
₹1,32,000
Live GMP ₹0
0.00% Est. Listing: ₹66
IPO Timeline
DRHP FILED September 25, 2025
OPEN June 10, 2026
CLOSE June 12, 2026
ALLOTMENT June 15, 2026
LISTING June 17, 2026

Utkal Speciality

Company overview & key insights

The Utkal Speciality IPO size is ₹34.54 crore. This total includes a fresh issue of ₹34.54 crore. It includes an offer for sale of ₹- crore. It is a book built issue. The IPO issue opens on Jun 10, 2026. The issue closes on Jun 12, 2026. The share allotment is expected on Jun 15, 2026. The listing date is Jun 17, 2026. Utkal Speciality Industries India Limited is based in Khurda, Odisha. The firm operates in the paper-based products and packaging materials sector. It filed its DRHP on 25th September 2025. It will list its shares on NSE SME. Cameo Corporate Services Ltd. is the registrar. Affinity Global Capital Market Pvt.Ltd. serves as the merchant banker for the offer.

utkal-sme-ipo

IPO Highlights

Key details & important dates

IPO Details

Total Issues ₹34.54 Cr
Fresh Issue ₹34.54 Cr.
Offer for Sale -
IPO Price Band ₹62 - ₹66
Face Value ₹10 per share
Lot Size 2,000 shares
Listed On NSE SME

IPO Dates

DRHP Filed September 25, 2025
Issue Open June 10, 2026
Issue Close June 12, 2026
Allotment Date June 15, 2026
Refunds Initiation June 16, 2026
Credit of Shares June 16, 2026
Listing Date June 17, 2026

IPO Issue Structure

Reservation & Lot Size Details

The company has reserved shares for various investor categories. The Retail Shares reservation is 59.40% (29,52,000 shares). QIB has 1.01% (50,000 shares). Further, the minimum lot size is 2,000 shares. The anchor investor reservation is % ( shares). The market maker reservation is 5.04% (2,64,000 shares).

IPO Reservation

QIB 50,000 (1.01%)
Anchor Investor – (-%)
QIB (Ex. Anchor) 50,000 (1.01%)
NII (HNI) 19,68,000 (39.60%)
bNII > ₹10L 13,14,000 (25.11%)
sNII < ₹10L 6,54,000 (12.50%)
Retail 29,52,000 (59.40%)
Employee 2,64,000 (approx. ₹2 Cr)
Shareholder 52,34,000 (100.00%)

IPO Lot Size

Retail (Min)
2 | 4,000 Shares
₹2,64,000
Small Investor Quota
Retail (Max)
2 | 4,000 Shares
₹2,64,000
Retail Investment Limit
S-HNI (Min)
3 | 6,000 Shares
₹3,96,000
Small HNI (₹2L – ₹10L)
S-HNI (Max)
7 | 14,000 Shares
₹9,24,000
Small HNI (Up to ₹10 L)
B-HNI (Min)
8 | 16,000 Shares
₹10,56,000
Big HNI (Above ₹10L)

IPO Documents & GMP

Prospectus & Grey Market Premium

On 25th September 2025 the company filed its Draft Red Herring Prospectus. The Red Herring Prospectus is available to understand the business operations, financials, and the risks involved.

IPO GMP

Live

The Grey Market Premium indicates the extra price that people pay in the unofficial market. This value changes daily based on demand for the shares.

Track live GMP Today

Financial Performance (₹ in Cr)

Period Ended31 Dec 202531 Mar 202531 Mar 202431 Mar 2023
Total Income40.950.2844.1546.23
Profit After Tax5.486.683.242.21
EBITDA7.769.226.194.23
Net Worth27.1221.649.956.07
Assets48.6344.0437.635.27
Total Debt17.1617.3725.4325.41

Key Performance Indicator

Particulars31 Dec 2025FY25FY24FY23
EBITDA Margin (%)19.5122.4414.7410.03
PAT Margin (%)13.7913.747.364.78
EPS (₹)4.676.163.72.55
ROE (%)22.530.8832.4636.3
ROCE (%)16.7825.7316.9912.65
ROA (%)15.178.596.24
Debt to Equity (x)0.630.792.564.19

IPO Financial Snapshot

Objectives & Key Metrics

IPO Objectives

Funding working capital requirements of the Company ₹5.31 Cr.
Prepayment or Repayment of borrowings ₹11.00 Cr.
Funding Capital Expenditure requirement for purchase of machinery ₹9.60 Cr.
Total Fund Requirement ₹25.91 Cr.

IPO Key Metrics

Pre IPO EPS
4.67
Earnings Per Share
Post IPO EPS
3.74
Earnings Per Share
Pre IPO P/E
14.12
Price to Earnings
Post IPO P/E
17.63
Price to Earnings
Market Capitalization ₹128.92 Cr.

Utkal Speciality India Ltd. Company Details

Company Profile · Overview

Utkal Speciality Industries India Limited started its business in 2015. The company operates in the Paper-based products and packaging materials sector. It manufactures paper-based products for the consumer market. Its main office is in Khurda. It serves many customers every year. The firm employs 50 workers in various departments. Its leadership team has many years of industry experience.

Main Offerings

Makes paper alternatives for everyday use.
Supplies products for special occasions.
Manufactures multiple packaging items.
Offers eco-friendly choices.

Key Strengths

The factory is close to a big highway.
It offers a very large selection of products.
The processing plant handles everything inside one place.
It pays lower transport fees for raw inputs.
Company Address: IDCO Plot No. I/5/B, Food Processing Park, Khurda, Khurda, Odisha, 752057. +91 90401-34060 / compliance@utkalspeciality.com
Intermediaries
Registrar
Cameo Corporate Services Ltd.
+91-44-28460390
investor@cameoindia.com
Lead Manager
Affinity Global Capital Market Pvt.Ltd.
Market Maker
Giriraj Stock Broking Pvt.Ltd.
RESERVATION 2,64,000 shares (agg. up to ₹2 Cr)
Promoters
Promoter Group
Mr. Akash Agrawal Mrs. Meena Agarwal Mr. Manoj Agarwal

Frequently Asked Questions

5 FAQs
What is the Utkal Speciality IPO?

₹34.54 crore Utkal Speciality IPO offers 52,34,000 equity shares priced between ₹62 and ₹66. It opens on June 10, 2026, and closes on June 12, 2026.

What is the price band for the Utkal Speciality IPO?

The company has fixed the price band from ₹62 to ₹66 per equity share.

What is the minimum lot size for retail investors?

Retail investors must apply for a minimum of 2 lots. This application equals 4,000 shares and minimum ₹2,64,000.

When does the subscription for this IPO start and complete?

The public issue opens for bidding on Jun 10, 2026 and closes on June 12, 2026. The final share allotment will happen on Jun 15, 2026.

Where will the Utkal Speciality IPO shares list?

The company will list its shares on the NSE SME platform.

Sanjay Bambhaniya
Sanjay Bambhaniya
Sanjay has 8+ years of experience in data-driven IPO insights. His expertise in digital marketing and web development complements his financial knowledge and helps him to develop effective fintech solutions. He is an entrepreneur and director who helps investors understand complex primary market trends in easy-to-understand IPO reports, news, and updates.
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