Utkal Speciality Industries IPO Review

65/100

Analysis

Utkal Speciality has improving profitability, but the latest sourced GMP is zero, suggesting cautious listing expectations.

FY25 revenue was reported at Rs 50.3 crore, while net profit increased to Rs 6.68 crore from Rs 3.24 crore.

The issue proceeds are aimed at debt reduction, machinery purchases, expansion, and working capital.

Zero GMP and SME liquidity risk keep the score moderate.