Utkal Speciality Industries IPO
Market Sentiment
IPO Details
Market Lot Size
IPO Reservation
Day-wise Subscription (times subscribed)
Financial Analysis
| Metric | 2023 | 2024 | 2025 | Dec 2025 |
|---|---|---|---|---|
| Revenue | 46.23 | 44.15 | 50.28 | 40.90 |
| Expense | 43.26 | 39.75 | 41.49 | 33.57 |
| Profit (PAT) | 2.21 | 3.24 | 6.68 | 5.48 |
| Total Assets | 35.27 | 37.60 | 44.04 | 48.63 |
| Company | EPS | P/E |
|---|---|---|
| Spinaroo Commercial Ltd | 1.75 | 33.66 |
| Aaradhya Disposal Industries Limited | 8.78 | 12.81 |
Promoters: Mr. Akash Agrawal, Mrs. Meena Agarwal and Mr. Manoj Agarwal
| Shareholding | No. of Shares | Holding % |
|---|---|---|
| Promoter Holding Pre Issue | 1,43,00,000 | 100.00% |
| Promoter Holding Post Issue | 1,95,34,000 | 73.20% |
Strengths & Risks
- Solid profit margin — 13.3%.
- Strong return on equity — 35%.
No major red flags in the available data.
Auto-generated from live GMP, subscription, valuation and financial data. Informational only — not investment advice. Always read the RHP before applying.
Company Information
Utkal Speciality Industries India, founded on September 1, 2025, has been engaged in the manufacturing of paper-based products and packaging materials. Its products are designed to meet both functional needs and aesthetic needs, such as paper plates, cups, glasses, dosa plates, bowls, tissues, pizza and sweets boxes, and wrapping paper serving various industries. The firm offers a range of paper-based products for daily use and special events that are also sustainable and convenient to use. The firm manufactures its packaging materials and products for a wide range of customers, including small manufacturers and retailers. Its end-to-end manufacturing facility is located on the highway between Kolkata and Chennai to promote a seamless production process.
| Purpose | Amount (Cr) |
|---|---|
| Funding incremental working capital requirements of the Company | - |
| Prepayment or Repayment of all or a portion of certain outstanding borrowings availed by the company | - |
| Funding Capital Expenditure requirement towards purchase of machinery for the new manufacturing facility at Khurda, Odisha | - |
| General Corporate Purposes | - |
| To meet the offer related expenses | - |
Resources & Documents
Utkal Speciality Industries India Ltd., IDC0 Plot No. I/5/B,, Food Processing Park,, Khurda,, Khurda, Odisha, 752057
Utkal Speciality Industries has set a price band of Rs 62–Rs 66 per share for an issue size of Rs 35 crore. The stock listed flat against its issue price.
Utkal Speciality Industries India, founded on September 1, 2025, has been engaged in the manufacturing of paper-based products and packaging materials. Its products are designed to meet both functional needs and aesthetic needs, such as paper plates, cups, glasses, dosa plates, bowls, tissues, pizza and sweets boxes, and wrapping paper serving various industries.
The issue is promoted by Mr. Akash Agrawal, Mrs. Meena Agarwal and Mr. Manoj Agarwal with Affinity Global Capital Market Pvt. Ltd. acting as lead manager. Net proceeds will primarily be used towards Funding incremental working capital requirements of the Company and Prepayment or Repayment of all or a portion of certain outstanding borrowings availed by the company.
Current grey market activity shows a flat premium, indicating muted unofficial demand, down Rs 6 from the previous session. Final subscription data records overall subscription at 1.69x, retail at 2.10x, QIB at 1.12x, NII at 1.07x.
On fundamentals, the company is posting revenue growth of 13.9%, a profit margin of 13.3%, return on equity of 35.4% in its most recent reported period. Listed peers in this segment include Spinaroo Commercial Ltd (P/E 33.66x) and Aaradhya Disposal Industries Limited (P/E 12.81x) — 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 an Avoid view — key indicators are weak enough that the risk-reward looks unfavourable for now. Past performance does not predict future returns — review the price chart and peer comparison below before trading.
Utkal Speciality Industries IPO GMP — What It Means
The latest grey market premium for Utkal Speciality Industries IPO is ₹0 (+0.0%). GMP is an unofficial, dealer-quoted figure that hints at expected listing-day demand — it is not a guaranteed listing price. For Utkal Speciality Industries it should be read alongside the subscription numbers and the company's fundamentals, since grey-market premiums can swing sharply during the bidding window.
See the full Utkal Speciality Industries GMP history and trend, or learn how grey market premium works and how reliable it is.
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