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Utkal Speciality Industries IPO

Utkal Speciality Industries India, founded on September 1, 2015, has been engaged in the manufacturing of paper-based products and packaging materials. Its products are designed to meet both functional needs and aesthetic needs, such as paper plates, cups, glasses, dosa plates, bowls, tissues, pizza and sweets boxes, and wrapping paper serving various industries.

IPO GMP

+₹1

+1.51% expected gain

Price Band

₹62 - ₹66

Lot Size

4000 shares

Min Investment

₹2,64,000

Listing Date

June 17, 2026

About Utkal Speciality Industries

Company overview, business, and key facts.

Utkal Speciality Industries India, founded on September 1, 2015, has been engaged in the manufacturing of paper-based products and packaging materials. Its products are designed to meet both functional needs and aesthetic needs, such as paper plates, cups, glasses, dosa plates, bowls, tissues, pizza and sweets boxes, and wrapping paper serving various industries.

The firm offers a range of paper-based products for daily use and special events that are also sustainable and convenient to use. The firm manufactures its packaging materials and products for a wide range of customers, including small manufacturers and retailers. Its end-to-end manufacturing facility is located on the highway between Kolkata and Chennai to promote a seamless production process.

Founded

2015

Headquarters

Khurda, Odisha

Website

http://www.utkalspeciality.com/

IPO Details

Issue TypeBookbuilding Issue
Face Value₹10
Price Band₹62 - ₹66
Lot Size4000 shares
Total Issue Size₹34.54 Cr
Fresh Issue₹34.54 Cr
Offer for Sale—
Listing AtNSE SME

Strengths & Risks

Strengths

  • Review: Neutral

Risks

    Financials

    Restated summary financials for the most recent periods.

    PeriodRevenueProfitAssets
    2023₹46.23₹2.21₹35.27
    2024₹44.15₹3.24₹37.60
    2025₹50.28₹6.68₹44.04
    Dec 2025₹40.90₹5.48₹48.63

    Figures are indicative and restated for presentation.

    Utkal Speciality Industries IPO Key Numbers

    Calculated by IPOLyst from the published offer-document data. These are figures, not buy or sell calls.

    Revenue growth, 2025

    +13.9%

    4.3% a year over the period

    Profit growth, 2025

    +106.2%

    73.9% a year over the period

    Profit margin (PAT)

    13.3%

    EBITDA margin 22.38%

    ROE / ROCE

    35.42% / n/a%

    As published in the offer document

    Debt to equity

    0.8

    Issue mix

    100% fresh / 0% sale

    Fresh issue goes to the company, offer for sale to selling shareholders

    GMP-implied gain per lot

    ₹4,000

    4000 shares on ₹2,64,000. GMP is unofficial.

    What stands out

    • Profit grew 106.2% in 2025.

    Watch-outs

    • 2 use-of-proceeds item(s) have no disclosed amount.
    Listing price scenarios
    If the current GMP holds₹67.00+1.5%
    If the grey market premium disappears₹66.000%

    Scenarios apply today's grey market premium figures to the upper price band. They are illustrations, not predictions. GMP is unofficial and can be wrong.

    Not yet available for this IPO: GMP history (fewer than 3 data points), post-IPO share count (market cap and P/E not computable), published risk factors.

    IPO Analysis SummaryAI-generated

    A plain-language review of Utkal Speciality Industries's financials, valuation and demand, based only on the verified figures above. For information only. It does not recommend whether to apply.

    Utkal Speciality Industries IPO Review

    Analysis based on live GMP, subscription, and issue details.

    As of today, Utkal Speciality Industries IPO is trading at a grey market premium (GMP) of +₹1 (+1.51% estimated listing gain), indicating positive market sentiment.

    Utkal Speciality Industries IPO subscription has closed. The shares are expected to list on June 17, 2026.

    The minimum investment required is ₹2,64,000 for 4000 shares (1 lot). Retail investors can apply at cut-off price for the best chance of allotment.

    Key strengths include: Review: Neutral.

    Disclaimer: IPO GMP is indicative and sourced from the grey market. This is not investment advice. Please consult a SEBI-registered advisor before investing.

    Utkal Speciality Industries IPO — Frequently Asked Questions

    What is Utkal Speciality Industries IPO GMP today?

    Utkal Speciality Industries IPO GMP (grey market premium) today is +₹1, suggesting an estimated listing gain of +1.51%. GMP is indicative and subject to change.

    What is the price band of Utkal Speciality Industries IPO?

    The price band for Utkal Speciality Industries IPO is ₹62 - ₹66 with a lot size of 4000 shares. The minimum investment required is ₹2,64,000.

    When is Utkal Speciality Industries IPO allotment date?

    Utkal Speciality Industries IPO allotment is expected to be finalised on June 15, 2026. You can check your allotment status on the registrar's website (Cameo Corporate Services Ltd.) using your PAN number.

    When will Utkal Speciality Industries IPO list on NSE/BSE?

    Utkal Speciality Industries IPO is expected to list on NSE SME on June 17, 2026.

    How to check Utkal Speciality Industries IPO allotment status?

    To check Utkal Speciality Industries IPO allotment status, visit the registrar's website (Cameo Corporate Services Ltd.) and enter your PAN number, application number, or DP/Client ID. You can also check on the BSE IPO allotment page at https://www.bseindia.com/investors/appli_check.aspx.

    Should I apply for Utkal Speciality Industries IPO?

    Utkal Speciality Industries IPO has a GMP of +₹1. Before applying, review the company's financials, business model, issue structure (OFS vs fresh issue), and sector outlook. IPOLyst is not a SEBI-registered investment advisor — please consult a qualified financial advisor before investing.

    What is the lot size of Utkal Speciality Industries IPO?

    The lot size for Utkal Speciality Industries IPO is 4000 shares per lot. The minimum investment for retail investors is ₹2,64,000. Retail investors can apply for a maximum of 13 lots or up to ₹2 lakh, whichever is lower.

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