Unitec Fibres IPO
Unitec Fibres IPO Listing Day Performance
Unitec Fibres listed on BSE SME on 30 September 2026 at ₹90.00, a 2.27% premium over the issue price of ₹88. A retail investor allotted the minimum application of 3,200 shares (2 lots) gained ₹6,400 at the listing price.
Demand going into listing
| Subscribed overall | 4× |
| QIB | 5.3× |
| NII | 5.24× |
| Retail | 2.73× |
Market Sentiment
IPO Details
Day-wise Subscription (times subscribed)
| Category | Day 1 | Day 2 | Final |
|---|---|---|---|
| QIB | 0.00x | 0.00x | 5.30x |
| NII | 0.43x | 0.47x | 5.24x |
| bNII > ₹10L | 0.60x | 0.63x | 5.01x |
| sNII 2-10L | 0.10x | 0.15x | 5.71x |
| Retail | 0.07x | 0.12x | 2.73x |
| Total | 0.13x | 0.16x | 4.00x |
Market Lot Size
IPO Reservation
Financial Analysis
Financial Data
Financial Performance
| Metric | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Revenue | 209.37 | 204.99 | 227.13 | 224.86 |
| Expense | 205.47 | 194.44 | 215.45 | 213.83 |
| Profit (PAT) | 2.73 | 7.42 | 8.22 | 7.60 |
| Total Assets | 101.94 | 90.46 | 122.96 | 169.35 |
Peer Comparison
| Company | EPS | P/E | RoNW % | NAV |
|---|---|---|---|---|
| Unitec Fibres This IPO | 7.23 | - | 11.69 | 61.89 |
| Ganesha Ecosphere Limited | 14.50 | 68.88 | 3.00 | 476.07 |
| Divyadhan Recycling Industries Limited | 1.19 | 39.29 | 4.45 | 26.78 |
Strengths & Risks
- Strong institutional (QIB) demand — 5.3x.
- Revenue fell 1% in the latest reported year.
- Elevated leverage — debt/equity of 1.19.
- Lists on the exchange's SME platform, where trading is usually thinner than on the main board — selling at your price can be harder.
From this issue's live data. Not investment advice — read the RHP.
Company Information
Unitec Fibres at a glance
From the company's description: “Unitec Fibres, founded in February 2005, is one of the leading manufacturers of Recycled Polyester Staple Fibre (RPSF).”
Unitec Fibres is raising ₹34.47 crore through an IPO on the BSE SME. All of it is a fresh issue: there is no offer for sale, so every rupee raised goes to the company rather than to selling shareholders. Main stated uses of the fresh money: Repayment/prepayment of all or certain of borrowings availed of by the Company (₹31 crore).
Revenue went from ₹209 crore in 2023 to ₹225 crore in 2026, up 7.4% over 3 years. Profit after tax went from ₹2.73 crore to ₹7.6 crore, a net margin of 3.4% in the latest year. The path was not a straight line: revenue dipped in between before recovering.
Debt stands at 1.19 times equity.
Written from the issue's offer-document figures shown on this page. Not investment advice.
Company Contact Information
Unitec Fibres Ltd., BLDG No 8 Flat No 3, Oshiwara Mahda Complex, Andheri (W), Mumbai, Maharashtra, 400053
Objects of the Issue
| Purpose | Amount (Cr) |
|---|---|
| Repayment/prepayment of all or certain of borrowings availed of by the Company | 31.00 |
| General Corporate Purpose | - |
Resources & Documents
Anchor Investors
Unitec Fibres IPO - Quick Take
Unitec Fibres has set a price band of Rs 83–Rs 88 per share for an issue size of Rs 34 crore. The stock listed with a 2.27% gain versus its issue price on September 30, 2026.
The issue is promoted by Vijay Omjagdish Behl, Virander Behl, Devina Varinder Behl, Rajiv Behl, Mihir Suvanam and Magic Films Pvt.Ltd with Smart Horizon Capital Advisors Pvt.Ltd. acting as lead manager. Net proceeds will primarily be used towards repayment/prepayment of all or certain of borrowings availed of by the Company (Rs 31 crore) and general Corporate Purpose.
On fundamentals, the company is posting revenue growth of -1.0%, a profit margin of 3.4%, return on equity of 12.4% in its most recent reported period. Listed peers in this segment include Ganesha Ecosphere Limited (P/E 68.88x) and Divyadhan Recycling Industries Limited (P/E 39.29x) — useful reference points when evaluating the issue's pricing relative to where the broader sector is trading.
On our data-signal score, the combined signals for this issue currently read weak — several key indicators are reading below average. This is a summary of public data, not a recommendation to apply or skip. Past performance does not predict future returns — review the price chart and peer comparison below before trading.
Unitec Fibres IPO: Lead Manager & Registrar Track Record
How the firm running this issue and its registrar have fared on the other IPOs we track. Each firm's figures leave out Unitec Fibres itself, so they describe what came before it.
- Unitec Fibres listed at +2.3% on day one; the median of 193 listings was +1.5% (better than 53% of them).
- Subscribed 4x against a median of 4x across 192 issues (higher than 50%).
- Average listing-day move across all 194 SME listings we track: +11.6%.
| Firm | Other IPOs | Listed at / above issue | Avg move | Median |
|---|---|---|---|---|
| Smart Horizon Capital Advisors Pvt.Ltd. Lead manager | 14 3 MB · 11 SME | 93% 13 of 14 | +4.5% | +2.2% |
| Bigshare Services Pvt.Ltd. Registrar | 61 19 MB · 42 SME | 67% 41 of 61 | Check allotment → | |
Recent listings managed by Smart Horizon Capital Advisors Pvt.Ltd. (5)
Best: Metalic Technoforge +13% · Weakest: PNGS Reva Diamond −2.9%
| IPO | Listed | Listing-day move |
|---|---|---|
| Bombay Coated and Special Steels | 05 Nov 2026 | +12.2% |
| Carver Roboweld | 04 Nov 2026 | +12.5% |
| Wiscon Industries | 03 Nov 2026 | +0% |
| Infrax Renewable | 17 Sep 2026 | +0% |
| Complete Sports & Management | 04 Sep 2026 | +3% |
A SEBI-registered merchant banker that runs the issue: due diligence, drafting the offer document, setting the price band with the company, and marketing the IPO to investors.
Finalises the basis of allotment, credits shares to demat accounts, releases blocked funds for unsuccessful bids and handles investor queries about the issue.
Listing-day move = exchange opening price vs issue price (band ceiling where the final price isn't recorded). Counts cover IPOs we track only. Past listings don't predict this one; this is not investment advice.
Frequently Asked Questions
Unitec Fibres IPO GMP — What It Means
No grey market premium was recorded for Unitec Fibres before it listed.
See the full Unitec Fibres GMP history and trend, or learn how grey market premium works and how reliable it is.
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