Utkal Speciality Industries India IPO Details
Utkal Speciality Industries India IPO Summary

Utkal Speciality Industries India IPO opens for subscription on 10 Jun 2026 and closes on 12 Jun 2026.The IPO will be listed on NSE with the tentative listing date set for 17 Jun 2026.
Utkal Speciality Industries India IPO price band has been fixed at ₹62 – ₹66 per share. The face value is ₹10 per share with a lot size of 2000.
Utkal Speciality Industries India IPO total issue size comprises 52,34,000 shares (aggregating up to ₹34.54 Cr). This includes a fresh issue of 52,34,000 shares (aggregating up to ₹34.54 Cr). Pre-issue shareholding stands at 1,43,00,000, which will increase to 1,95,34,000 post-issue.
Utkal Speciality Industries India IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.
Utkal Speciality Industries India IPO Lot Size :Individual Minimum is 2 lots (4,000 shares) amounting to ₹264,000. Individual Maximum is 2 lots (4,000 shares) amounting to ₹264,000. SHNI Minimum is 3 lots (6,000 shares) amounting to ₹396,000. SHNI Maximum is 7 lots (14,000 shares) amounting to ₹924,000. BHNI Minimum is 8 lots (16,000 shares) amounting to ₹1,056,000.
Utkal Speciality Industries India IPO Details
Utkal Speciality Industries India IPO Subscription
Utkal Speciality Industries India IPO Application Wise Breakup
Utkal Speciality Industries India IPO Dates
- 10 Jun 2026Opening dateOpen
- 12 Jun 2026Closing dateClose
- 15 Jun 2026Allotment Date Allotment
- 16 Jun 2026Initiation of RefundsRefund
- 16 Jun 2026Credit of SharesCredit
- 17 Jun 2026Listing dateListing
Utkal Speciality Industries India IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual Minimum | 2 | 4000 | ₹264,000 |
| Individual Maximum | 2 | 4000 | ₹264,000 |
| SHNI Minimum | 3 | 6000 | ₹396,000 |
| SHNI Maximum | 7 | 14000 | ₹924,000 |
| BHNI Minimum | 8 | 16000 | ₹1,056,000 |
Utkal Speciality Industries India IPO Reservation
Promoter Holding
Utkal Speciality Industries India IPO Valuations
Utkal Speciality Industries India Financial Information
| 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 | ||||
About Utkal Speciality Industries India IPO
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.
Strength Of Utkal Speciality Industries India IPO
- Variety of Products.
- Customer-Centric Approach.
- Quality assurance.
- In house Manufacturing Infrastructure.
- Efficient Inventory Management.
- Experienced Management.
- Strong Supplier Network and quality Raw Material Sourcing Capabilities.
- Long standing relationships with customers.
Risk Of Utkal Speciality Industries India IPO
- Significant Dependence on Loyal Customers could lead to concentration risk and adversely impact the company operations.
- A significant portion of the company revenue relies on the paper products and any disruptions in this industry could negatively impact its reputation, financial performance, and overall business operations.
- Significant portion of the company's revenue has been generated from Eastern part of India, any loss of business from these states may adversely affect the revenues and profitability.
- The company has incurred significant capital expenditure during the last three Fiscals and its may requires substantial financing for the company business operations and planned capital expenditure and failures to obtain additional financing may has an adverse effect on its business, results of operations, financial condition and cash flows.
- The Company operations requires significant amount of working capital for a continuing growth. Its inability to meet the company working capital requirements may adversely affect its results of operations.
- Trade Receivables forms a significant part of the company current assets. Failures to manage its trade receivables could has an adverse effect on the company sales, profitability, cash flow and liquidity.
- Trade Receivables forms a significant part of the company current assets. Failures to manage its trade receivables could has an adverse effect on its sales, profitability, cash flow and liquidity.
- The company existing manufacturing facilities is concentrated in a single region, i.e., Odisha. Any slowdown or disruption in its manufacturing operations in the company manufacturing facilities could has a material and adverse impact on its business and operations.
- Extensive government regulation and the impact of plastics on the environment could has a severe impact on the company ability to continue its business operations, which could adversely affect the company business, results of operations and financial conditions.
- The company business is substantially dependent on certain key customers, from whom its derives a significant portion of the company revenues. The loss of any significant customer may has a material and adverse effect on its business and results of operations.
Objectives Utkal Speciality Industries India IPO
1. Funding incremental working capital requirements of the Company
2. Prepayment or Repayment of all or a portion of certain outstanding borrowings availed by the company
3. Funding Capital Expenditure requirement towards purchase of machinery for the new manufacturing facility at Khurda, Odisha
4. General Corporate Purposes
5. To meet the offer related expenses
Company Contact Details
Utkal Speciality Industries India Ltd.
IDC0 Plot No. I/5/B,
Food Processing Park,
Khurda,
Khurda, Odisha, 752057
Phone: +91 90401-34060
Email: compliance@utkalspeciality.com
Website: http://www.utkalspeciality.com/
Registrar Contact Details
Utkal Speciality Industries India FAQs
The Utkal Speciality Industries India IPO is a SME public issue comprising 5234000 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹34.54 Cr. The issue price has been fixed at ₹66 per equity share, and the minimum application size is 2000 shares.
The IPO opens for subscription on 10 Jun 2026, and closes on 12 Jun 2026.
Cameo Corporate Services Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the NSE
As of now, the current GMP stands at ₹0 (0%).

