Unitec Fibres IPO
Day 1 of 3 of bidding · Sept 23, 2026
Unitec Fibres IPO is on Day 1 of 3 of its subscription window. Total subscription stands at 0.03x (NII 0.05x, Retail 0.03x). Bidding closes on Sept 25, 2026 (in 2 days).
Last updated:Market Sentiment
IPO Details
Market Lot Size
IPO Reservation
Return Estimator (GMP*)
Allotment Chances
Financial Analysis
| 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 |
| Company | EPS | P/E | RoNW % | NAV |
|---|---|---|---|---|
| Ganesha Ecosphere Limited | 14.50 | 68.88 | 3.00 | 476.07 |
| Divyadhan Recycling Industries Limited | 1.19 | 39.29 | 4.45 | 26.78 |
Promoters: Vijay Omjagdish Behl, Virander Behl, Devina Varinder Behl, Rajiv Behl, Mihir Suvanam and Magic Films Pvt.Ltd
Strengths & Risks
Strength signals for Unitec Fibres will appear here as GMP, subscription and valuation data build up through the bidding window — check back once the issue is live.
- Revenue fell 1% in the latest reported year.
- Elevated leverage — debt/equity of 1.19.
Compiled from this issue's live GMP, subscription, valuation and financial data, and updated as those figures change. Informational only — not investment advice. Always read the RHP before applying.
Company Information
Unitec Fibres, founded in February 2005, is one of the leading manufacturers of Recycled Polyester Staple Fibre (RPSF). The firm makes sustainable polyester fibres from recycled PET flakes, PET chips, and other polyester waste. The company supplies RPSF to various industries such as automobiles, home furnishings, and textiles, where it is used in carpets, roof liners, trunks, sofas, curtains, and spinning applications. Unitec Fibers operates its 2 manufacturing facilities in Maharashtra and is planning to set up its third facility in Valsad, Gujarat. Moreover, the company follows strict quality standards and holds Global Recycled Standard (GRS) certifications to showcase its commitment to offering quality, sustainable, and recycled products.
Unitec Fibres Ltd., BLDG No 8 Flat No 3, Oshiwara Mahda Complex, Andheri (W), Mumbai, Maharashtra, 400053
| Purpose | Amount (Cr) |
|---|---|
| Repayment/prepayment of all or certain of borrowings availed of by the Company | 31.00 |
| General Corporate Purpose | - |
Resources & Documents
Unitec Fibres has set a price band of Rs 83–Rs 88 per share for an issue size of Rs 34 crore. The SME issue is currently open for subscription and closes in 2 days on September 25, 2026.
Unitec Fibres, founded in February 2005, is one of the leading manufacturers of Recycled Polyester Staple Fibre (RPSF). The firm makes sustainable polyester fibres from recycled PET flakes, PET chips, and other polyester waste.
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.
Live demand data shows overall subscription at 0.03x, retail at 0.03x, NII at 0.05x.
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 are trading.
Our data-driven engine currently flags this issue as a Strong Avoid — several indicators are flashing concern simultaneously. All figures below — GMP history, subscription tiers, financials and peers — are aggregated from public disclosures. Always apply through your own broker after reading the RHP.
Unitec Fibres IPO GMP — What It Means
No active grey market premium has been recorded for Unitec Fibres IPO yet. GMP is an unofficial, dealer-quoted indicator of expected listing-day demand — not a guaranteed listing price — and it can change quickly once bidding opens.
See the full Unitec Fibres GMP history and trend, or learn how grey market premium works and how reliable it is.
Related IPO
No comments yet. Be the first to share your opinion!