Mumbai, June 17 -- The scrip was listed at Rs 66, matching the initial public offer (IPO) price. The stock is currently frozen at its lower limit of 5% over its listing price.

The counter hit a high of Rs 66 and a low of Rs 62.70. About 4.90 lakh shares of the company changed hands at the counter.

Utkal Speciality Industries India's IPO was subscribed 1.60 times. The issue opened for bidding 10 June 2026 and it closed on 12 Friday 2026. The price band of the IPO was fixed between Rs 62 to Rs 66 per share.

The IPO comprised fresh issue of 52,34,000 equity shares. The company intends to utilise the net proceeds for funding incremental working capital requirements of the company, prepayment or repayment of all or a portion of certain outs...