Utkal Speciality Industries India Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | 1.12x | 50,000 | 56,000 | ₹0 Cr |
| NII (HNI) | 0.89x | 2,068,000 | 1,848,000 | ₹14 Cr |
| Retail | 2.10x | 2,952,000 | 6,208,000 | ₹19 Cr |
| Market Maker | — | 264,000 | — | ₹2 Cr |
| Σ Total | 1.60x | 5,070,000 | 8,112,000 | ₹33 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹132,000 |
| Retail (Max) | 13 | 26,000 | ₹1,716,000 |
| S-HNI (Min) | 14 | 28,000 | ₹1,848,000 |
| B-HNI (Min) | 67 | 134,000 | ₹8,844,000 |
Financial Statements Amount in ₹ Crore
| Metric | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 41 | 50 | 44 |
| EBITDA | 8 | 9 | 6 |
| Profit After Tax | 5 | 7 | 3 |
| Net Worth | 27 | 22 | 10 |
| Total Assets | 49 | 44 | 38 |
| Reserves & Surplus | 13 | 7 | 5 |
| Total Borrowing | 17 | 17 | 25 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Funding incremental working capital requirements of the Company – 5.31
- Prepayment or Repayment of all or a portion of certain outstanding borrowings availed by the Company – 11.00
- Funding Capital Expenditure requirement towards purchase of machinery for the new manufacturing facility at Khurda, Odisha – 9.60
- General Corporate Purposes –
- To meet the Offer Related Expenses –
Company Overview
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.
Competitive Strengths:
- They offer a vast selection of SKUs to cater to diverse customer requirements
- Strategically located on the highway linking Kolkata to Chennai
- Fully integrated end-to-end manufacturing unit for seamless production processes
- Freight costs are lower as suppliers are mainly from the South
- Dedicated to ensuring customer satisfaction by delivering high-quality products consistently