SME
IPO ·
NSE SME
Utkal Speciality Industries India Ltd
Listed
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 aestheti
Issue details
Price band
₹62 – ₹66
Face value
₹10
Lot size
2,000 shares
Minimum investment
₹2,64,000
Issue size
₹34.54 Cr
Fresh issue
₹32.80 Cr
Offer for sale
—
Issue type
Book Built
Exchange
NSE SME
Key dates
Opens
10 Jun 2026
Closes
12 Jun 2026
UPI mandate cut-off
5:00 PM on 12 Jun 2026
Allotment
15 Jun 2026
Refunds
16 Jun 2026
Shares in demat
16 Jun 2026
Listing
17 Jun 2026
Subscription and listing
Subscription
1.43x
Listing price
₹66
Registrar
Cameo Corporate Services Ltd
Lead manager
Affinity Global Capital Market
Subscription by category
Total
1.43x
Total applications
1,628
Listing day
Issue price
₹66
Open
₹66.00
High
₹66.00
Low
₹62.70
Day close
₹62.70
Listing gain at open
0.00%
Issue structure
Shares reserved per category and share of the total issue
QIB Shares Offered
50,000
0.96%
NII Shares Offered
19,68,000
37.60%
bNII > ₹10L
13,14,000
25.11%
sNII < ₹10L
6,54,000
12.50%
Retail Shares Offered
29,52,000
56.40%
Market Maker Shares Offered
2,64,000
5.04%
Total Shares Offered
52,34,000
100.00%
Finaccle’s quick read
Apply
FY25 income up 14%, PAT up 106%, ROE 22.50%, D/E 0.63, post-issue P/E 17.63x.
A rules-based screen of growth, margins, debt and valuation, built from the offer document and data on Chittorgarh.com. It is for information only and is not investment advice or a recommendation to buy or sell. Read the RHP and speak to a SEBI-registered adviser before you apply.
About the company
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.
Founded
Promoters
Promoter holding
Financial performance
Period
PAT
ROE
22.50%
ROCE
16.78%
Debt / equity
0.63
PAT margin
13.79%
P/E post issue
17.63
Market cap
₹128.92 Cr
Use of IPO money
Funding incremental working capital requirements of the Company
₹5.31 Cr
Prepayment or Repayment of all or a portion of certain outstanding borrowings availed by the Company
₹11.00 Cr
Funding Capital Expenditure requirement towards purchase of machinery for the new manufacturing facility at Khurda, Odisha
₹9.60 Cr
General Corporate Purposes
₹4.89 Cr
To meet the Offer Related Expenses
₹3.74 Cr
Strengths
✓
PAT up 106% in FY25 to ₹6.68 Cr
✓
PAT margin of 13.79%
✓
ROE of 22.50% and ROCE of 16.78%
✓
Moderate leverage: debt to equity 0.63
Risks to watch
!
SME platform: large lot size and thinner trading liquidity
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Last updated:
Information is compiled from exchange notices and the company’s offer document. It is for general information only and is not investment advice or a recommendation to apply. Read the prospectus before investing.