Utkal Speciality Industries IPO 2026: Industrial Manufacturing Firm Eyes Growth Amid Rising Demand for Specialty Products
Utkal Speciality Industries IPO has attracted investor attention as the company seeks to s...
Read ArticleUtkal Speciality Industries IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
| IPO Open Date | 9 June 2026 | IPO Close Date | 11 June 2026 |
|---|---|---|---|
| Basis of Allotment | TBA | Listing Date | 16 June 2026 |
| Price Band | ₹62 - ₹66 per share | Face Value | ₹10 per share |
| Market Lot Size | 2000 Shares | Min Investment (Retail) | ₹2,64,000 |
| Total Issue Size | ₹66 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | — | Offer for Sale (OFS) | — |
| Listing At | NSE, BSE | Issue Category | SME Issue |
| Registrar | TBA | ||
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 9 June 2026 | Confirmed |
| IPO Close Date | 11 June 2026 | Confirmed |
| Basis of Allotment | TBA | Tentative |
| Initiation of Refunds | TBA | Tentative |
| Credit of Shares to Demat | TBA | Tentative |
| IPO Listing Date | 16 June 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 5:00 PM on Closing Day | 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 | 4,000 Shares | ₹2,64,000 |
| Retail (Max) | 2 Lots | 4,000 Shares | ₹2,64,000 |
| S-HNI (Min) | 3 Lots | 6,000 Shares | ₹3,96,000 |
| S-HNI (Max) | 7 Lots | 14,000 Shares | ₹9,24,000 |
| B-HNI (Min) | 8 Lots | 16,000 Shares | ₹10,56,000 |
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 15 Jun 2026 | ₹1 | ₹67.00 | +1.52% |
| 12 Jun 2026 | ₹12 | ₹78.00 | +18.18% |
| Investor Category | Share Offered | Shares (%) |
|---|---|---|
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | 50,000 Shares | 0.96% |
| NII Shares Offered | 19,68,000 Shares | 37.60% |
| Retail Shares Offered | 29,52,000 Shares | 56.40% |
The Utkal Speciality IPO will open for subscription on June 10, 2026 and close on June 12, 2026. The basis of allotment is expected to be finalized on June 15, 2026. Refunds and credit of shares to Demat accounts are scheduled for June 16, 2026, while the IPO is proposed to be listed on the NSE SME platform on June 17, 2026.
| Event | Date |
|---|---|
| IPO Open Date | June 10, 2026 |
| IPO Close Date | June 12, 2026 |
| Basis of Allotment | June 15, 2026 |
| Refunds | June 16, 2026 |
| Credit to Demat Account | June 16, 2026 |
| IPO Listing Date | June 17, 2026 |
| IPO Bidding Cut-off Time | June 12, 2026 – 5 PM |
| Particular | Dates |
|---|---|
| IPO Open Date | 10 Jun 2026 |
| IPO Close Date | 12 Jun 2026 |
| Basis of Allotment | - |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 17 Jun 2026 |
Note: The timeline for Utkal Speciality Industries IPO is tentative and subject to change.
The company intends to utilize the net proceeds from the IPO for working capital requirements, repayment or prepayment of borrowings, capital expenditure for machinery at its new manufacturing facility in Khurda, Odisha, general corporate purposes, and offer-related expenses.
| Purpose | Amount |
|---|---|
| Funding Incremental Working Capital Requirements of the Company | ₹5.31 Cr. |
| Prepayment or Repayment of All or a Portion of Certain Outstanding Borrowings Availed by the Company | ₹11.00 Cr. |
| Funding Capital Expenditure Requirement Towards Purchase of Machinery for the New Manufacturing Facility at Khurda, Odisha | ₹9.60 Cr. |
| General Corporate Purposes | ₹- |
| To Meet the Offer Related Expenses | ₹- |
To Be Updated Soon
Amount ₹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2023 | ₹46.23 | ₹43.26 | ₹2.21 | ₹35.27 |
| 2024 | ₹44.15 | ₹39.75 | ₹3.24 | ₹37.60 |
| 2025 | ₹50.28 | ₹41.49 | ₹6.68 | ₹44.04 |
| Dec 2025 | ₹40.90 | ₹33.57 | ₹5.48 | ₹48.63 |
To Be Updated Soon
To Be Updated Soon
To Be Updated Soon
Utkal Speciality Industries IPO opens for subscription on 9 June 2026 and closes on 11 June 2026.
The price band for Utkal Speciality Industries IPO is set at ₹62.00 to ₹66.00 per share.
The minimum market lot size is 2000 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 4,000 Shares (₹2,64,000).
The latest Grey Market Premium (GMP) for Utkal Speciality Industries IPO is ₹0.00. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for Utkal Speciality Industries IPO is tentatively scheduled for TBA, and shares are expected to list on the stock exchanges on 16 June 2026.
The registrar details will be confirmed in the official prospectus.