ListedSME platform

Utkal Speciality Industries India Limited

UTKALPaper, Forest & Jute Products10 Jun 2026 – 12 Jun 2026INE1V1R01014

Promoters Mrs. Meena Agarwal · Mr. Manoj Kumar Agrawal · Mr. Akash Agrawal

On listing day it
we hold no exchange bar dated on the listing date
Since then, against the issue price
-27.3%
₹48 on 21 Sept 2026

Against an issue price of ₹66. Split- and bonus-adjusted official closes — a past move, never a forecast.

Issue price
₹66
final issue price
Issue size
₹31 cr
Fresh
Lot size
2,64,000 sh
Listed on
17 Jun 2026
NSE
Now trading as UTKAL — see its filed financials and price history →
Valued at the offer price129 cr1,95,34,000 shares after the issue × ₹66, the final issue price. Not a market capitalisation — that moves with the traded price.
Notes

Utkal Speciality Industries India Limited raised ₹31 crore through a SME-platform initial public offer.

The filing places it in Paper, Forest & Jute Products and names three promoters: Mrs. Meena Agarwal, Mr. Manoj Kumar Agrawal and Mr. Akash Agrawal.

The book was open from 10 June 2026 to 12 June 2026.

The issue was priced at ₹66 a share, from a band of ₹62 to ₹66.

The whole offer is a fresh issue of shares — ₹35 crore raised by the company itself.

The issuer reported the offer subscribed 2.00 times the shares on offer. That is its own final figure, filed with the exchange after the book closed — not a reading we took while bidding was open.

The shares listed on 17 June 2026.

The last official close on file is ₹48 (21 September 2026), which is 27.3% below the issue price.

It now trades as UTKAL, and its filed financials are on its company page.

How it has done since listing
NSE close · 21 Sept 2026
Issue price
₹66
final issue price
Listing-day move
Now vs issue price
-27.3%
21 Sept 2026
Since first close

Shares sold in the issue at ₹66 last closed at ₹48.

See UTKAL’s filed financials and price history →

Official exchange closes, restated for splits, bonuses and rights issues since listing. A record of past price movement, not a forecast.

The offer
Regulation 229(2)
Issue price
₹66
face value ₹10
Lot size
2,64,000 sh
₹1,74,24,000 a lot
Issue size
₹31 cr
Fresh
Shares after issue
1.95 cr
1,95,34,000
Fresh issue
52.34 L
shares issued by the company

No offer-for-sale leg — every share in this offer is newly issued, so the whole amount raised goes to the company.

How it was priced
Book-built — the price was discovered inside a band from the bids received
Listing sought at
NSE
Designated exchange
NSE
Discount
None offered
Registered office
Eastern India
Registrar
Cameo Corporate Services Limited
Lead manager
  • Other LM / BRLM
What happens when
3-day book
  1. Bidding opens10 Jun 2026
  2. Bidding closes12 Jun 2026
  3. Basis of allotmentnot published

    Not published in the exchange feeds we ingest — we do not estimate it.

  4. Listing17 Jun 2026
How the bidding went
as filed after the close
2.00x
subscribed — filed by the issuer

This is the issuer’s own final figure, filed with the exchange once bidding had closed — not a reading we took while the book was open. The exchange publishes only a running cumulative figure and no history, so for an issue nobody polled live this filing is the only account of the book that exists. It covers the whole offer and carries no breakdown by category and no timestamp.

Who the offer was set aside for
as filed by the issuer at listing
  • Qualified institutional buyers1.0%
  • Non-institutional investors37.6%
  • Retail individual investors56.4%
  • Market maker5.0%

No part of the offer was set aside for anchor investors, reserved portion or other.

The portion of the offer set aside for each category before bidding opened, as the issuer filed it. The anchor allocation is filed as its own line rather than inside the institutional one, so these add up to the whole offer. Shares as filed; the percentages are computed against the offer's own share count.

Demand at each price

We did not poll this issue while its book was open. The exchange publishes only the current cumulative figure and no history, so a subscription series cannot be reconstructed after an issue closes.

Anchor investors

We have not extracted an anchor allotment list for this issue.

When locked shares come free
computed from ICDR rules
  • All other pre-issue capital
    SEBI ICDR 2018 Reg. 17 — all other pre-issue capital, 6 months from allotment
    17 Dec 2026
    whole tranche releases on this date
  • Promoters' minimum contribution
    SEBI ICDR 2018 Reg. 16(1)(a) — promoters' minimum contribution, 18 months from allotment
    17 Dec 2027
    whole tranche releases on this date

Computed from the SEBI ICDR 2018 lock-in rules, not disclosed by the issuer or the exchange. The regulation counts from the date of allotment, which no feed we ingest publishes, so these are counted from the listing date and fall at most two to three business days later than the true expiry.

How the price was set

The "Basis for Offer Price" chapter states the earnings the price was set against and the multiples it implies. We have not extracted it for this issue — several offer documents are served as .zip archives or as scanned pages with no text layer.

Restated financials

We have not extracted this section from the offer document for this issue yet. It is read from the abridged prospectus, and several offer documents are served as .zip archives or as scanned pages with no text layer.

Objects of the offer

We have not extracted this section from the offer document for this issue yet. It is read from the abridged prospectus, and several offer documents are served as .zip archives or as scanned pages with no text layer.

Peers named by the issuer

The peer table is printed in the offer document's "Basis for Offer Price" chapter; we have not extracted it for this issue yet.

Who ran this issue, and what else they have run
past issues only
Registrar
FirmIssuesTypical listing move
Cameo Corporate Services Limited
20222026
38
0 measurable

A count of what happened to the other issues each firm was named on, computed from exchange closes. Not a rating, not a ranking, and not a view on the firm.

Read the offer documents
6 filed

Filed with SEBI and the exchanges by the issuer. These are the source for every figure on this page.

Compiled from NSE and SEBI offer documents and exchange feeds. A description of the issue and of the bids received — not investment advice, and not a view on whether to apply. No grey-market premium, no allotment lookup and no listing-gain estimate is published here.