Utkal Speciality Industries India Ltd. IPO
IPO Timeline
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10 Jun 2026Bidding Starts
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12 Jun 2026Bidding Ends
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15 Jun 2026Allotment Finalization
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17 Jun 2026Listing
About Utkal Speciality Industries India Ltd.
We are 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. Our 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. We have built our operations with an emphasis on maintaining consistent quality, efficiency in production, and attention to design detail. Through steady growth and a commitment to meeting industry standards, we have developed a stable presence in the market. Our experience in the sector has enabled us to cater to the needs of a diverse clientele while maintaining a reliable supply chain and adhering to environmentally conscious practices. Although a relatively recent entrant in the industry, we have built a track record of providing reliable paper-based products and adapting our offerings in response to evolving market preferences. Our focus has been on developing practical solutions that align with consumer needs, allowing us to establish a presence within the sector and maintain consistent engagement with our customer base.
We serve a wide range of customers, including smaller manufacturers as well as end retailers who distribute our paper-based products and packaging materials. This diversity in our customer base allows us to engage with multiple segments of the market, reducing dependence on any single group and contributing to a more stable flow of business activity. Our sales are not concentrated among a few clients, which helps mitigate risks associated with market fluctuations or client-specific challenges. This broader distribution supports a steady operational environment and reflects our ability to maintain relationships across different levels of the supply chain. By reaching various customer segments, we have been able to align our offerings with a variety of needs, allowing for consistent market presence and business continuity within a competitive industry setting.
Our product portfolio includes a range of paper-based items designed for various food service applications. Paper plates are available in different sizes, thicknesses, and designs, with or without plastic film coating, and are suited for a variety of food types. Paper cups, primarily used for ice cream, come in several sizes and are differentiated by quality to suit both cost-sensitive vendors and more quality-focused clients. Paper glasses, intended for single-use beverages, are also offered in multiple variants to address different customer requirements. Paper dosa plates are specifically made in a standard size with a plastic film coating to meet regional demand. Paper bowls are offered in diverse sizes, shapes, and thicknesses, and are used for serving a range of foods, with product variations catering to different segments. Tissue paper is produced in single or multiple ply using automated processes, and comes in various sizes, thicknesses, and levels of softness to meet distinct customer preferences. Pizza and sweets boxes are available in multiple sizes and designs, made to support food packaging while preserving freshness. Wrap paper for sandwiches, burgers, and similar items is produced in several sizes to accommodate a variety of needs. Across the product range, our company maintains a focus on offering practical and appropriately priced solutions tailored to the requirements of both local vendors and larger-scale clients.
Utkal Speciality Industries India Ltd. IPO Reservation
| Investors Category | Shares Offered |
|---|---|
| Market Makers | 2,64,000 (5.04%) |
| Non Institutional Investors | 19,68,000 (37.6%) |
| Qualified Institutional Buyers (QIBs) | 50,000 (0.96%) |
| Retail Individual Investors (RIIs) | 29,52,000 (56.4%) |
Utkal Speciality Industries India Ltd. Financial Information
| Year End | Revenue | PAT | Reserves & Surplus |
|---|---|---|---|
| 31 Mar 2025 | 50.28 Cr | 6.68 Cr | 7.34 Cr |
| 31 Mar 2024 | 44.13 Cr | 3.24 Cr | 5.30 Cr |
| 31 Mar 2023 | 46.23 Cr | 2.21 Cr | 2.07 Cr |
Utkal Speciality Industries India Ltd. Background
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2015Our Company incorporated as a Private Limited Company in the name of “Utkal Speciality Industries India Private Limited”
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2018Received Land from Odisha Industrial Infrastructure Corporation Limited (IDCO, Government of Odisha) for the Manufacturing Unit at Khurda Industrial Estate
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2021Started sales both within India (1898.77 lakhs) and Outside India (514.99 lakhs)
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2022Received a “Special Certificate” as Outstanding Exporter for the year 2021-22
Installed large quantities of additional Paper Cup and Glasses machinery, Paper Napkin Machines and Packaging Machinery
Installed Paper Plate Machine
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2023Exhibited at Paper Ex 2023 at Greater Noida
Received “Most Valued Customer Award” from Andhra Paper Limited at Paper Ex
Received “Certificate of Appreciation” from West Coast Paper Mills Ltd towards “Valuable Contribution and Association” at Paper Ex 2023
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2024Exhibited at Paper Ex 2024 at Chennai
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2025Our Company converted from a Private Limited company to a Public Limited company in the name of “Utkal Speciality Industries India Limited”
Our Company has applied for a total of 7 trademarks
1. Funding incremental working capital requirements of our Company
2. Prepayment or Repayment of all or a portion of certain outstanding borrowings availed by the company
3. Funding Capital Expenditure requirement towards purchase of machinery for our new manufacturing facility at Khurda, Odisha
4. General Corporate Purposes
5. To meet the offer related expenses
| Pricing Details | BSE | NSE |
|---|---|---|
| Issue Price | - | ₹ 66.00 |
| Open | - | ₹ 66.00 |
| Low | - | ₹ 62.70 |
| High | - | ₹ 66.00 |
| Last Trade | - | ₹ 62.70 |
1. Mr. Manoj Kumar Agrawal
2. Mr. Akash Agrawal
3. Mrs. Meena Agarwal
The global pulp and paper market size was valued at USD 344.74 billion in 2024. The market is projected to grow from USD 351.69 billion in 2025 to USD 416.56 billion by 2035, exhibiting a CAGR of 1.7% during the forecast period.
The global paper products market size was valued at USD ... Read more
FAQs
When does Utkal Speciality Industries India Ltd. IPO opens and closes?
Utkal Speciality Industries India Ltd. IPO opens from 10th June to 12th June 2026.What is the size of Utkal Speciality Industries India Ltd. IPO?
The size of the Utkal Speciality Industries India Ltd. IPO is ₹34.54 Cr.What is the price range of Utkal Speciality Industries India Ltd. IPO?
The price range of Utkal Speciality Industries India Ltd. IPO is at ₹62 to ₹66 per share.What is the minimum investment and lot size required for the Utkal Speciality Industries India Ltd. IPO?
The minimum investment required is ₹1,32,000 and minimum lot size is 2000 shares.When is Utkal Speciality Industries India Ltd. IPO listing date?
The Utkal Speciality Industries India Ltd. IPO will be listed on 17th June 2026.What is the objective of Utkal Speciality Industries India Ltd. IPO?
1. Funding incremental working capital requirements of our Company2. Prepayment or Repayment of all or a portion of certain outstanding borrowings availed by the company
3. Funding Capital Expenditure requirement towards purchase of machinery for our new manufacturing facility at Khurda, Odisha
4. General Corporate Purposes
5. To meet the offer related expenses
Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article


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