Mumbai, June 15 -- The initial public offer (IPO) of Utkal Speciality Industries India received bids for 83,76,000 shares as against 52,34,000 shares on offer. The issue was subscribed 1.60 times.

Qualified Institutional Buyers (QIBs) bid for 56,000 shares, Non-Institutional Investors (NIIs) for 21,12,000 shares, while individual investors (IND category bidding for 2 lots) placed bids for 62,08,000 shares.

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 minimum order quantity is 2,000 equity shares. The equity shares will list on NSE's SME platform.

The IPO comprised fresh issue of 52,34,000 equity shares.

The company intends to utili...