Utkal Speciality Industries India Limited logo

Utkal Speciality Industries India Limited

UTKALOpen

SME IPO · NSE

Price Band

₹62 – ₹62

Lot Size

2000 shares

Issue Size

₹35 Cr

GMP (Grey Market Premium)

🔒 Login to view

About Utkal Speciality Industries India Limited

Utkal Speciality Industries India Limited is engaged in the manufacturing of paper-based products and packaging materials. The company offers a range of products used in food service and packaging applications, including paper plates, paper cups, paper glasses, paper dosa plates, paper bowls, tissue paper, pizza and sweets boxes, and wrap paper for sandwiches and burgers. Its products are available in different sizes, designs, thicknesses, and quality variants to meet the requirements of various customer segments. The company serves a diverse customer base comprising smaller manufacturers and retailers, helping it maintain a broad market presence and reduce dependence on any single customer group. Its business generates revenue through the sale of these paper-based products and packaging solutions. The company focuses on consistent product quality, efficient manufacturing, supply chain reliability, and environmentally conscious practices in its operations.

Issue Details
IPO Open Date10 Jun 2026
IPO Close Date12 Jun 2026
Basis of Allotment15 Jun 2026
Refunds Initiation16 Jun 2026
Listing Date17 Jun 2026
Face Value
Fresh Issue
Offer for Sale
Minimum Investment (Retail)₹1,24,000
Registrar
Lead Managers
IPO Timeline
Issue open date10 Jun 2026
Issue close date12 Jun 2026
UPI mandate deadline12 Jun 2026
Allotment finalization15 Jun 2026
Refund initiation16 Jun 2026
Share credit16 Jun 2026
Listing date17 Jun 2026
Mandate end date27 Jun 2026
Lock-in end date for anchor investors (50%)14 Jul 2026
Lock-in end date for anchor investors (remaining)12 Sept 2026
Strengths
  • The company offers a diversified portfolio of paper-based products for food service and packaging applications.
  • It serves a broad customer base, reducing dependence on any single customer segment.
  • The business focuses on consistent product quality, efficient manufacturing, and reliable supply chain management.
  • Long-standing relationships with key customers support stable business operations and repeat demand.
  • The company regularly introduces new products and improves designs to meet evolving customer needs.
Risks
  • The business has high working capital requirements and may need additional funding to support operations.
  • Delays in customer payments or inability to secure financing could adversely affect business performance.
  • The proposed new manufacturing facility may not achieve expected capacity utilisation or profitability.
  • Additional production capacity may not be fully absorbed by market demand, impacting returns on investment.
  • A portion of the planned capital expenditure depends on external bank financing, which is yet to be fully drawn.
Subscription Status

Live subscription

Sign in to track subscription in real time.

Grey Market Premium

Grey market premium

Sign in to view live GMP and the estimated listing.