Utkal Speciality IPO is a book-built issue IPO, aiming to raise ₹34.54 crore. The issue comprises a fresh issue of 52.34 lakh equity shares aggregating to ₹34.54 crore. The bidding window was open from June 10, 2026, to June 12, 2026, with the IPO allotment to be finalised on June 15, 2026. Utkal Speciality is scheduled to list on NSE SME on June 17, 2026.
The IPO was priced at ₹62-₹66 per share with a lot size of 2,000 shares. The public issue received bids for 81.12 lakh shares against 50.70 lakh shares available, resulting in an overall subscription of 1.60 times. Retail investors led the response, subscribing 2.10 times their quota, followed by QIBs at 1.12 times.
· Go to the application status page.
· Select "Equity and SME IPO bids".
· Choose "Utkal Speciality IPO" from the Issue Name dropdown.
· Provide your Application Number or PAN.
· Click on Submit.
· Go to the application status page.
· Select "Equity" under the Issue Type.
· Choose "Utkal Speciality IPO" from the Issue Name dropdown.
· Provide your Application Number or PAN.
· Click on “I am not a robot” and submit.
· Go to the registrar’s official website
· Select "Utkal Speciality IPO" from the company list
· Enter your Client ID, Application Number, or PAN
· Click on Submit
Utkal Speciality's ₹34.54 crore IPO, priced at ₹62-₹66 per share, was subscribed 1.60 times overall. The IPO consists entirely of a fresh issue of 52.34 lakh equity shares aggregating to ₹34.54 crore.
Bidding took place from June 10 to June 12, 2026, with the Utkal Speciality IPO allotment status to be finalised on June 15, 2026. Retail investors subscribed 2.10 times and QIBs subscribed 1.12 times, while NIIs subscribed 0.89 times and the shares are scheduled to list on NSE SME on June 17, 2026.
The table below breaks down the Utkal Speciality IPO share allocation for different categories, highlighting the number of shares and their percentage of the total issue. However, the key focus remains on the quotas allocated to retail investors and HNIs, as they are the most relevant for individual investors.
Investor Category | Shares Offered |
QIB Shares Offered | 50000 |
NII (HNI) Shares Offered | 1968000 |
− bNII > ₹10L | 1314000 |
− sNII < ₹10L | 654000 |
Retail Shares Offered | 2952000 |
Market Maker Shares Offered | 264000 |
Total Shares Offered | 5234000 |
Data Source: NSE
Category | Subscription (times) |
Qualified Institutional Buyers (QIB) | 1.12 |
Non-Institutional Investors (NII) | 0.89 |
Retail Individual Investors (RII) | 2.1 |
Total Shares | 1.6 |
Note: The subscription details are as of June 12, 2026
Utkal Speciality Industries India Limited was incorporated on September 1, 2015, and is engaged in the manufacturing of paper-based products and packaging materials. The company offers a diverse portfolio of products designed to serve both functional and aesthetic requirements across various consumer segments. Its product range aligns with the growing demand for sustainable and convenient paper-based alternatives.
The company caters to a broad customer base, including smaller manufacturers and retailers that distribute its paper-based products and packaging materials. Through its varied product offerings, the company addresses different customer requirements while maintaining a focus on quality and usability.
Utkal Speciality benefits from a fully integrated end-to-end manufacturing facility, enabling efficient production processes and operational control. Its manufacturing unit is strategically located on the highway connecting Kolkata and Chennai, providing logistical advantages and facilitating smoother transportation of goods.
The company also enjoys lower freight costs as many of its suppliers are located in Southern India. As of March 31, 2025, Utkal Speciality employed 50 people and remained focused on customer satisfaction through the consistent delivery of high-quality products. Its wide range of SKUs and integrated operations support its ability to cater to diverse customer needs.
Know more about IPO allotment status and check your application details online for the latest updates on share allocation.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jun 16, 2026, 6:06 PM IST
Akshay Shivalkar
Akshay Shivalkar is a financial content specialist who strategises and creates SEO-optimised content on the stock market, mutual funds, and other investment products. With experience in fintech and mutual funds, he simplifies complex financial concepts to help investors make informed decisions through his writing.
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