Bookbuilding IPO | ₹[.] Cr | Listing at NSE SME |
Utkal Speciality Industries India Ltd. has filed a Draft Red Herring Prospectus (DRHP) with the exchange on to raise funds through Initial Public Offer (IPO).
Utkal Speciality Industries India Ltd. IPO is a Book Build Issue consisting solely of fresh issue of upto 0.54 crore equity shares.
The equity shares are proposed to be listed on the NSE SME. Affinity Global Capital Market Pvt.Ltd. is the book running lead manager and Cameo Corporate Services Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Utkal Speciality IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 54,24,000 shares (agg. up to ₹[.] Cr) |
| Fresh Issue | 54,24,000 shares (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 1,43,00,000 shares |
| Share Holding Post Issue | 1,97,24,000 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Thu, Sep 25, 2025 |
| SEBI/Exchange approval received |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII Shares Offered | Not less than 15% of the Net Issue |
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:
Utkal Speciality Industries India Ltd.'s revenue increased by 14% and profit after tax (PAT) rose by 106% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 44.04 | 37.60 | 35.27 |
| Total Income | 50.28 | 44.15 | 46.23 |
| Profit After Tax | 6.68 | 3.24 | 2.21 |
| EBITDA | 9.22 | 6.19 | 4.23 |
| NET Worth | 21.64 | 9.95 | 6.07 |
| Reserves and Surplus | 7.34 | 5.30 | 2.07 |
| Total Borrowing | 17.37 | 25.43 | 25.41 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding incremental working capital requirements of the Company | 3.39 |
| 2 | Prepayment or Repayment of all or a portion of certain outstanding borrowings availed by the company | 11.00 |
| 3 | Funding Capital Expenditure requirement towards purchase of machinery for the new manufacturing facility at Khurda, Odisha | 9.58 |
| 4 | General Corporate Purposes | |
| 5 | To meet the offer related expenses |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 30.88% |
| ROCE | 25.73% |
| Debt/Equity | 0.80 |
| RoNW | 30.88% |
| PAT Margin | 13.74% |
| EBITDA Margin | 18.96% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 100% |
Lead Manager Reports
Utkal Speciality IPO is a SME IPO of 54,24,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Utkal Speciality IPO open and close dates are not available as of now.
Cameo Corporate Services Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Utkal Speciality IPO using UPI as a payment gateway. Zerodha customers can apply in Utkal Speciality IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Utkal Speciality IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Utkal Speciality IPO dates are not announced. Please check back again after some time.
Utkal Speciality IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Utkal Speciality IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Utkal Speciality IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Utkal Speciality IPO allotment status.
The Utkal Speciality IPO listing date is not yet announced. The tentative date of listing is .
