How to Check Utkal Speciality Industries India IPO Allotment Status

Incorporated on September 1, 2015, Utkal Speciality Industries India Limited is engaged in the manufacturing of paper-based products and packaging materials, offering a broad range of items that serve both functional and aesthetic needs across various consumer segments.

The product portfolio includes thoughtfully designed paper-based alternatives intended for everyday use as well as special occasions, aligning with evolving consumer preferences for sustainable and convenient options. The company serves a wide range of customers, including smaller manufacturers as well as end retailers who distribute its paper-based products and packaging materials. As on March 31, 2025, the company had 50 employees.

Utkal Speciality IPO is a book build issue of ₹34.54 crore, entirely comprising a fresh issue of 0.52 crore shares aggregating to ₹34.54 crore. The IPO opened on June 10, 2026, and closed on June 12, 2026. The allotment is expected on Monday, June 15, 2026. The share price band was set at ₹62 to ₹66 per share.

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Steps to Check Utkal Speciality IPO Allotment Status on Registrar Site

• Visit the Cameo Corporate Services Ltd.
• Select "Utkal Speciality" from the dropdown menu on the allotment status page
• Enter your PAN ID, Demat Account Number, or Application Number in the designated field
• Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check Utkal Speciality IPO Allotment Status on BSE

• Navigate to the NSE SME IPO Allotment Status Page
• Select the issue type: equity/debt
• Choose "Utkal Speciality" from the list of active IPOs in the dropdown menu
• Input your Application Number and PAN ID in the required fields
• Verify the captcha and click "Search" to check your allotment status

Utkal Speciality IPO subscribed 1.60 times overall. Here is the category-wise breakdown as of 5:04:59 PM on June 12, 2026:

Utkal Speciality IPO Subscription Status

• QIB Category (Ex Anchor): 1.12 times
• Non-Institutional Investors (NII): 0.89 times
• Individual Investors: 2.10 times

Utkal Speciality IPO Share Price and Investment Details

The minimum investment required was ₹2,64,000 for 2 lots (4,000 shares) for individual investors. The issue includes a reservation of up to 2,64,000 shares for the market maker, Giriraj Stock Broking Pvt. Ltd. Given the overall subscription of 1.60 times with modest institutional interest at 1.12 times, weak NII participation at 0.89 times, and healthy individual investor subscription at 2.10 times, the share price listing expectations remain cautious.

Utilisation of IPO Proceeds

The proceeds will be utilised for funding incremental working capital requirements of the Company (₹5.31 crore), prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company (₹11.00 crore), funding capital expenditure requirements towards purchase of machinery for the new manufacturing facility at Khurda, Odisha (₹9.60 crore), general corporate purposes, and offer-related expenses.

Business Overview

Utkal Speciality Industries India Limited is engaged in paper-based products and packaging materials, and trading activities in B2B and B2C segments. The company posted almost static top lines for FY23 to FY24, but boosted margins from FY24 onwards raise eyebrows and concern over sustainability. It operates in a highly competitive and fragmented segment, which may curtail its margins going forward.

The company demonstrated financial performance with total income of ₹50.28 crore for FY2025 and a net worth of ₹27.12 crore as of December 31, 2025. The company benefits from a vast selection of SKUs to cater to diverse customer requirements, a strategic location on the highway linking Kolkata to Chennai, a fully integrated end-to-end manufacturing unit, lower freight costs with suppliers mainly from the South, and a dedication to delivering high-quality products consistently. However, investors should note the post-issue P/E ratio of 17.63 and Price to Book Value of 3.48.

Check the latest IPO allotment status to stay informed.