Utkal Speciality Industries India IPO
Price band
₹62 – ₹66
Lot size
2000 shares
Min investment
₹1,32,000
Issue size
₹34.54 Cr
IPO schedule
| Open date | 10 Jun 2026 |
| Close date | 12 Jun 2026 |
| UPI mandate cut-off | 12 Jun 2026 |
| Allotment finalisation | 15 Jun 2026 |
| Refund initiation | 16 Jun 2026 |
| Shares credited to demat | 16 Jun 2026 |
| Listing date | 17 Jun 2026 |
| Mandate end date | 27 Jun 2026 |
| Anchor lock-in (50%) | 14 Jul 2026 |
| Anchor lock-in (remaining) | 12 Sept 2026 |
Issue size
About Utkal Speciality Industries India
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.
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.
Use of proceeds
| Repayment of borrowings | ₹11 (31.85%) Cr |
| Working capital | ₹5.31 (15.37%) Cr |
| General corporate purposes | ₹8.63 (24.99%) Cr |
IPO information is sourced from public feeds and shown for general information only. It is not a recommendation to apply for this or any IPO. IPOs are equity investments and carry market risk; listing gains are not guaranteed and SME IPOs are especially volatile. Grey Market Premium (GMP) is unofficial and not endorsed by SEBI or the exchanges. Equity IPOs are applied for through a demat and trading account, not through mutual fund distribution services. Read the RHP and consult a SEBI-registered investment adviser before investing.