IPO

IPO Synopsis

Utkal Speciality Industries India Ltd
Registered Office: IDCO Plot No.I/5/B Food Procs.,Park Khurda , Khurda - 752057 , Orissa , India.
Phone : +91 90401 34060   Fax:
Email :  compliance@utkalspeciality.com  
Website :  www.utkalspeciality.com
Initial public offer of upto 52,34,000* equity shares of face value of Rs10/- each ("Equity Shares") of Utkal Speciality Industries India Limited ("The Company") for cash at a price of Rs62-66 per equity share (Including Share Premium of Rs52-56 Per Equity Share) ("Offer Price"), aggregating up to Rs32.45-34.54 Crore comprising a fresh offer of up to 54,24,000 equity shares aggregating up to Rs32.45-34.54 Crore by the company ("The Offer") of which upto 2,64,000 equity shares aggregating to Rs1.64-1.74 Crore will be reserved for subscription by market maker to the offer (the "Market Maker Reservation Portion"). The offer less market maker reservation portion i.e., Net offer of upto 49,70,000 equity shares at an offer price of Rs62-66 per equity share aggregating to Rs30.81-32.80 Crore is hereinafter referred to as the "Net Offer". The offer and the net offer will constitute 26.79% and 25.44%, respectively of the post offer paid up equity share capital of the company. Price Band: Rs62 to Rs66 per equity share of face value of Rs10/- each. The floor price is 6.2 times of face value and cap price is 6.6 times the face value of the equity shares. Bids can be made for a minimum of 4,000 equity shares and in multiples of 2,000 equity shares thereafter.
Issue Money Payable On
Opens On Closes On Application Allotment
10-Jun-26 12-Jun-26 Rs 62.00-66.00 Rs 0.00-0.00
Minimum Application for shares in Nos :4000  Further Multiples of :2000
  (Rs Cr) Lead Managers to the Issue
Project Cost 0.00
Affinity Global Capital Market Private Limited
Project Financed through Current Offer 32.45
Post Issue Equity Share Capital 19.53
Issue Price Rs 62.00
Projects
Funding incremental working capital requirements of the Company Funding Capital Expenditure requirement towards purchase of machinery for its new manufacturing facility
Prepayment or Repayment of all or a portion of certain outstanding borrowings availed by the company General Corporate Purposes
Promoted By Listing At Registrar to the Issue
  Akash Agrawal
  Meena Agarwal
  Manoj Agarwal
 NSE - SME
 Cameo Corporate Services Ltd
Tuesday, June 09, 2026 12:00:00 AM
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