GMP IPO Watch
Unitec Fibres IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
| IPO Open Date | 22 September 2026 | IPO Close Date | 24 September 2026 |
|---|---|---|---|
| Basis of Allotment | 27 September 2026 | Listing Date | 29 September 2026 |
| Price Band | ₹83 - ₹88 per share | Face Value | ₹10 per share |
| Market Lot Size | 1600 Shares | Min Investment (Retail) | ₹2,81,600 |
| Total Issue Size | ₹34.47 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | ₹34.47 Cr | Offer for Sale (OFS) | — |
| Listing At | BSE SME | Issue Category | SME Issue |
| Registrar | Bigshare Services Pvt. Ltd. | ||
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 22 September 2026 | Confirmed |
| IPO Close Date | 24 September 2026 | Confirmed |
| Basis of Allotment | 27 September 2026 | Tentative |
| Initiation of Refunds | 29 September 2026 | Tentative |
| Credit of Shares to Demat | 29 September 2026 | Tentative |
| IPO Listing Date | 29 September 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 25 September 2026 (5:00 PM) | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 2 Lots | 3,200 Shares | ₹2,81,600 |
| Retail (Max) | 2 Lots | 3,200 Shares | ₹2,81,600 |
| S-HNI (Min) | 3 Lots | 4,800 Shares | ₹4,22,400 |
| S-HNI (Max) | 7 Lots | 11,200 Shares | ₹9,85,600 |
| B-HNI (Min) | 8 Lots | 12,800 Shares | ₹11,26,400 |
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 22 Sept 2026 | ₹0 | ₹88.00 | +0.00% |
| Period | Total Assets | Total Revenue | Total Expenses | Profit After Tax (PAT) |
|---|---|---|---|---|
| 2023 | 101.94 Cr. | 209.37 Cr. | 205.47 Cr. | 2.73 Cr. |
| 2024 | 90.46 Cr. | 204.99 Cr. | 194.44 Cr. | 7.42 Cr. |
| 2025 | 122.96 Cr. | 227.13 Cr. | 215.45 Cr. | 8.22 Cr. |
| 2026 | 169.35 Cr. | 224.86 Cr. | 213.83 Cr. | 7.60 Cr. |
* Amounts reported in ₹ Crores as sourced from company regulatory filings (RHP/DRHP).
| Company Name | P/E | EPS (₹) | RoNW (%) | NAV (₹) | Total Income |
|---|---|---|---|---|---|
| Ganesha Ecosphere Limited | 68.88 | 14.50 | 3.00% | 476.07 | [.] Cr. |
| Divyadhan Recycling Industries Limited | 39.29 | 1.19 | 4.45% | 26.78 | [.] Cr. |
Unitec Fibres Limited manufactures recycled polyester staple fibre from polyethylene terephthalate flakes, chips, and post-consumer waste. The company operates two manufacturing facilities in Tarapur, Maharashtra, and generates revenue through the sale of recycled polyester staple fibre products across domestic and international markets. Its product offerings primarily serve business-to-business institutional buyers in end-user industries including home furnishings, automobiles, non-woven fabrics, and textiles. The company also generates revenue through Extended Producer Responsibility certificates derived from its recycling operations and government incentives such as duty drawbacks. The company relies on transactional purchase orders from its customer base without long-term contracts and sources raw materials from local vendors and suppliers. Its operations encompass processing, extrusion, and fibre production to cater to specific quality standards and customer requirements.
The Unitec Fibres IPO reservation is divided across Anchor Investors, QIB investors excluding the anchor portion, NII investors and Retail investors. The reservation structure indicates the number of shares offered to each investor category along with their respective portion of the issue.
| Investor Category | Share Offered | -% Shares |
|---|---|---|
| Anchor Investor | 11,07,200 Shares | 28.27% |
| QIB (Ex. Anchor) | 7,40,800 Shares | 18.91% |
| NII Shares Offered | 5,63,200 Shares | 14.38% |
| Retail Shares Offered | 13,05,600 Shares | 33.33% |
Unitec Fibres has reserved a portion of its IPO for Anchor Investors ahead of the public issue. The anchor bidding is scheduled before the IPO opens, with 11,07,200 shares offered to this category. The anchor investor allocation and applicable lock-in details are provided below.
| Particular | Details |
|---|---|
| Anchor Bidding Date | September 22, 2026 |
| Shares Offered | 11,07,200 Shares |
| Anchor Size | [.] Cr. |
| Lock-in Period End Date – 50% Shares (30 Days) | 2026 |
| Lock-in Period End Date – 50% Shares (90 Days) | 2026 |
| Particular | Dates |
|---|---|
| IPO Open Date | 23 Sept 2026 |
| IPO Close Date | 25 Sept 2026 |
| Basis of Allotment | 28 Sept 2026 |
| Refunds | 29 Sept 2026 |
| Credit to Demat Account | 29 Sept 2026 |
| IPO Listing Date | 30 Sept 2026 |
Note: The timeline for Unitec Fibres IPO is tentative and subject to change.
The promoters of Unitec Fibres include Vijay Omjagdish Behl, Virander Behl, Devina Varinder Behl, Rajiv Behl, Mihir Suvanam and Magic Films Pvt. Ltd. The table below presents the supplied pre-IPO and post-IPO shareholding details for the promoter group and other shareholders.
| Particular | Pre IPO Shares | Pre IPO % Shares | Post IPO Shares | Post IPO % Shares |
|---|---|---|---|---|
| Promoter and Promoter Group | – | 94.2% | – | -% |
| Others* | – | 5.80% | – | -% |
| Total | 1,05,01,778 | 100% | 1,44,18,578 | 100% |
| Purpose | Crores |
|---|---|
| Repayment / Prepayment of Borrowings | 31 (89.93%) |
| General Corporate Purposes | 3.47 (10.07%) |
Note: Objectives are as specified in the DRHP/RHP documents of Unitec Fibres.
Unitec Fibres has reported revenue of ₹224.86 Crores and Profit After Tax (PAT) of ₹7.60 Crores for 2026. The financial data below provides a four-year view of the company's revenue, expenses, profitability and total assets.
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2023 | ₹209.37 | ₹205.47 | ₹2.73 | ₹101.94 |
| 2024 | ₹204.99 | ₹194.44 | ₹7.42 | ₹90.46 |
| 2025 | ₹227.13 | ₹215.45 | ₹8.22 | ₹122.96 |
| 2026 | ₹224.86 | ₹213.83 | ₹7.60 | ₹169.35 |
| Period | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2023 | 209.37 Cr. | 205.47 Cr. | 2.73 Cr. | 101.94 Cr. |
| 2024 | 204.99 Cr. | 194.44 Cr. | 7.42 Cr. | 90.46 Cr. |
| 2025 | 227.13 Cr. | 215.45 Cr. | 8.22 Cr. | 122.96 Cr. |
| 2026 | 224.86 Cr. | 213.83 Cr. | 7.60 Cr. | 169.35 Cr. |
Note: Financial numbers for Unitec Fibres are in ₹ Crores unless stated otherwise.
| KPI | Values |
|---|---|
| ROE | 12.41% |
| ROCE | 9.05% |
| EBITDA Margin | 7.03% |
| PAT Margin | 3.39% |
| Debt to Equity Ratio | 1.19 |
| Earning Per Share (EPS) | 7.23 (Basic) |
| Price/Earning P/E Ratio | - |
| Return on Net Worth (RoNW) | 11.69% |
| Net Asset Value (NAV) | 61.89 |
Note: Valuation KPIs for Unitec Fibres are computed for FY2026.
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Ganesha Ecosphere Limited | 14.50 | 68.88 | 3.00% | 476.07 | [.] Cr. |
| Divyadhan Recycling Industries Limited | 1.19 | 39.29 | 4.45% | 26.78 | [.] Cr. |
Note: Peer group comparisons for Unitec Fibres are sourced from DRHP filings.
Unitec Fibres IPO opens for subscription on 22 September 2026 and closes on 24 September 2026.
The price band for Unitec Fibres IPO is set at ₹83.00 to ₹88.00 per share.
The minimum market lot size is 1600 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 3,200 Shares (₹2,81,600).
The latest Grey Market Premium (GMP) for Unitec Fibres IPO is ₹0. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for Unitec Fibres IPO is tentatively scheduled for 27 September 2026, and shares are expected to list on the stock exchanges on 29 September 2026.
Bigshare Services Pvt. Ltd. is the official registrar for Unitec Fibres IPO. Investors can check their IPO allotment status directly on the registrar's portal once finalized.
