Utkal Speciality SME IPO Subscription Status
Utkal Speciality SME IPO closed on 12 June 2026 with an overall subscription of 1.69x based on shares applied. QIB demand came in at 1.12x, NII at 1.07x, and retail at 2.10x.
Allotment will be finalised on 15 June 2026. The stock is scheduled to list on NSE and BSE on 17 June 2026.
Issue Price
Rs 66.00
GMP Today
-
Overall Subscription
1.69x
Issue Size
₹34.54 Cr
Allotment Date
15 Jun 2026
Listing Date
17 Jun 2026
Utkal Speciality SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 66.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 33.00 L | Rs 36.96 L | 1.12x |
| FII | - | - | - |
| DFI | - | - | - |
| Mutual Funds | - | - | - |
| Other | - | Rs 36.96 L | - |
| NII | Rs 12.99 Cr | Rs 13.94 Cr | 1.07x |
| bNII (above Rs 10L) | Rs 8.66 Cr | Rs 10.07 Cr | 1.16x |
| Corporate | - | Rs 1.74 Cr | - |
| Individual | - | Rs 8.33 Cr | - |
| Other | - | - | - |
| sNII (Rs 2L to Rs 10L) | Rs 4.33 Cr | Rs 3.87 Cr | 0.89x |
| Corporate | - | Rs 7.92 L | - |
| Individual | - | Rs 3.79 Cr | - |
| Other | - | - | - |
| IND | Rs 19.48 Cr | Rs 40.97 Cr | 2.10x |
| Total | Rs 32.80 Cr | Rs 55.28 Cr | 1.69x |
Utkal Speciality SME IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 25 | 2 | 0.08x |
| FII | - | - | - |
| DFI | - | - | - |
| Mutual Funds | - | - | - |
| Other | - | 2 | - |
| NII | 328 | 122 | 0.37x |
| bNII (above Rs 10L) | 219 | 28 | 0.13x |
| Corporate | - | 1 | - |
| Individual | - | 27 | - |
| Other | - | - | - |
| sNII (Rs 2L to Rs 10L) | 109 | 94 | 0.86x |
| Corporate | - | 2 | - |
| Individual | - | 92 | - |
| Other | - | - | - |
| IND | 738 | 1,552 | 2.10x |
| Total | 1,091 | 1,676 | 1.54x |
What Do These Subscription Numbers Mean?
A subscription of 1.69x by shares means the IPO received bids for 2 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 1.12x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 1.12x, it reflects serious institutional conviction.
NII at 0.37x by applications: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription. bNII came in at 0.13x and sNII at 0.86x by applications. Share subscription was 1.07x. Allotment uses application count, not share volume.
At 2.10x subscription by applications, approximately 1 in 2 retail applicants can expect an allotment (~48% per application). Retail allotment is done by lottery when oversubscribed.
Utkal Speciality SME IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail (IND)
- •Application subscription: 2.10x.
- •Allotment odds: about 1 in 2 (~48% chance per application).
- •Method: Lottery. If allotted, you receive at least one lot.
- •One application per PAN. Multiple eligible accounts in a household can improve overall family odds, not individual odds.
SHNI (Rs 2 lakh to Rs 10 lakh)
- •Application subscription: 0.86x.
BHNI (above Rs 10 lakh)
- •Application subscription: 0.13x.
- •Share subscription was 1.16x. Allotment uses application count, not share volume.
Check the Utkal Speciality SME IPO Allotment Status page from 15 June 2026 for your allotment result.
Utkal Speciality SME IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 10 Jun 2026 | 0.00x | 0.43x | 0.29x | 0.34x |
| Day 2 - 11 Jun 2026 | 1.12x | 0.47x | 1.10x | 0.84x |
| Day 3 - 12 Jun 2026 | 1.12x | 0.89x | 2.10x | 1.60x |
Utkal Speciality SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 10 June 2026 |
| IPO Close Date | 12 June 2026 |
| Allotment Date | 15 June 2026 |
| Refund Initiation | 16 June 2026 |
| Share Credit to Demat | 16 June 2026 |
| Listing Date | 17 June 2026 |
| Minimum Investment | Rs 2,64,000.00 |
| Lot Size | 2000 shares |
About Utkal Speciality SME
Utkal Speciality Industries India Limited, incorporated in 2015, is an established enterprise engaged in manufacturing a comprehensive range of paper-based disposal products and packaging materials. The company's diversified product portfolio features eco-friendly daily alternatives such as premium coated paper reels, paper cup fans, plain and printed paper plates, glasses, bowls, tissues, and specialty packaging solutions (including custom pizza, burger, and sandwich boxes). Operating from its 84,000 sq.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
IND - Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Utkal Speciality SME IPO Subscription FAQs
What is Utkal Speciality SME IPO subscription status today?
Utkal Speciality SME IPO subscription closed on 12 June 2026 with overall subscription of 1.69x (by shares) as of 23 July 2026, 3:32 PM IST. QIB 1.12x, NII 0.37x, IND 2.10x.
What is the overall subscription of Utkal Speciality SME IPO?
Utkal Speciality SME IPO is subscribed 1.69x overall by shares at close on 12 June 2026. QIB 1.12x, NII 0.37x, and IND 2.10x.
What is Utkal Speciality SME IPO QIB subscription?
Utkal Speciality SME IPO QIB (Qualified Institutional Buyers) subscription is 1.12x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Utkal Speciality SME IPO IND subscription?
Utkal Speciality SME IPO IND subscription is 2.10x by applications. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Utkal Speciality SME IPO NII subscription?
Utkal Speciality SME IPO NII (Non-Institutional Investors) subscription is 0.37x by applications. NII covers bids above Rs 2 lakh.
What are allotment chances in Utkal Speciality SME IPO for retail?
At 2.10x subscription by applications, approximately 1 in 2 retail applicants can expect an allotment (~48% per application). Allotment is done by lottery.
When is Utkal Speciality SME IPO allotment date?
Utkal Speciality SME IPO allotment date is 15 June 2026. Check Utkal Speciality SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Utkal Speciality SME IPO subscription close?
Utkal Speciality SME IPO subscription closed on 12 June 2026. No new applications are accepted after the close.
What is Utkal Speciality SME IPO GMP today?
GMP for Utkal Speciality SME IPO is not available yet. Track Utkal Speciality SME IPO GMP Today on IPOwiz once grey market activity starts.
What is Utkal Speciality SME IPO issue price and lot size?
Utkal Speciality SME IPO issue price is ₹66 per share. Lot size is 2000 shares. Minimum investment is ₹2,64,000 per lot (minimum 2 lots for SME). Issue size: ₹34.54 Cr.
When is Utkal Speciality SME IPO listing date?
Utkal Speciality SME IPO listing date is 17 June 2026 on NSE and BSE. Allotment is on 15 June 2026.
How does subscription affect Utkal Speciality SME IPO allotment?
Allotment odds in Utkal Speciality SME IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII uses proportional allotment by applications. At 1.69x overall, competition is moderate.
For allotment results from 15 June 2026, visit the Utkal Speciality SME IPO Allotment Status page. For listing day updates on 17 June 2026, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.