Unitec Fibres IPO Date & Timeline
Tentative schedule from the RHP.
Unitec Fibres IPO Subscription Status
From NSE + BSE bid data, excluding the anchor portion.
Day-wise subscription
| Day | QIB | bHNI | sHNI | NII total | Individual | Total |
|---|---|---|---|---|---|---|
| Shares offered | 7,40,800 | 3,74,400 | 1,87,200 | 5,63,200 | 13,05,600 | 26,09,600 |
| Day 1 · Sep 23 | 0.00× | 0.60× | 0.10× | 0.43× | 0.06× | 0.13× |
| Day 2 · Sep 24 | 0.00× | 0.64× | 0.15× | 0.47× | 0.12× | 0.16× |
| Day 3 · Sep 25 | 5.30× | 5.02× | 5.73× | 5.24× | 2.73× | 4.00× |
Unitec Fibres IPO Details
Checked against the RHP and cross-checked on NSE and BSE.
| IPO date | Sep 23 – 25, 2026 |
| Price band | ₹83 – 88 per share |
| Face value | ₹10 per share |
| Lot size | 1,600 shares |
| Total issue size | 39,16,800 shares ₹34.47 Cr |
| Fresh issue | 39,16,800 shares ₹34.47 Cr |
| Issue type | Book Built · SME |
| Listing at | BSE SME |
| Promoter holding | 94.2% → 68.61% |
| Lead manager | Smart Horizon Capital Advisors Pvt. Ltd. |
| Market maker | Shreni Shares Ltd. |
| Registrar | Bigshare Services Pvt. Ltd. |
Unitec Fibres IPO Lot Size
Minimum and maximum bids by investor type at the upper band of ₹88.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual (min) | 2 | 3,200 | ₹2,81,600 |
| Individual (max) | 2 | 3,200 | ₹2,81,600 |
| sHNI (min) | 3 | 4,800 | ₹4,22,400 |
| sHNI (max) | 7 | 11,200 | ₹9,85,600 |
| bHNI (min) | 8 | 12,800 | ₹11,26,400 |
Unitec Fibres IPO Reservation
Shares set aside for each category, and the maximum number of applicants who can get an allotment.
| Category | Shares offered | % of issue | Max. allottees |
|---|---|---|---|
| Market maker | 2,00,000 | 5.1% | — |
| Anchor investors | 11,07,200 | 28.3% | — |
| QIB (ex-anchor) | 7,40,800 | 18.9% | — |
| NII (HNI) | 5,63,200 | 14.4% | — |
| ↳ bHNI (>₹10L) | 3,74,400 | 9.6% | 78 |
| ↳ sHNI (₹2–10L) | 1,87,200 | 4.8% | 39 |
| Individual investors | 13,05,600 | 33.3% | 408 |
| Total | 39,16,800 | 100% |
Unitec Fibres Financials (FY24 – FY26)
Restated consolidated figures from the RHP, ₹ crore. Years end March 31.
Financial statement
| ₹ Cr | FY24 | FY25 | FY26 | YoY |
|---|---|---|---|---|
| Revenue | 204.99 | 227.13 | 224.86 | −1.0% |
| Profit after tax | 7.42 | 8.22 | 7.60 | −7.5% |
| Total assets | 90.46 | 122.96 | 169.35 | +37.7% |
| Net worth | 49.18 | 57.40 | 65.00 | +13.2% |
| Reserves & surplus | 38.68 | 46.90 | 54.49 | +16.2% |
| Total borrowing | 15.72 | 36.64 | 77.19 | +110.7% |
Unitec Fibres IPO Valuation & Peer Comparison
At the upper band of ₹88. Peers from the RHP "Basis for Offer Price".
Peer comparison
| Company | P/E | P/B | RoNW |
|---|---|---|---|
| Unitec Fibres | 12.2× | 1.61× | 14.32% |
| Ganesha Ecosphere | 68.9× | — | — |
| Divyadhan Recycling | 39.3× | — | — |
About Unitec Fibres
Business profile from the RHP.
- Feb 2005Incorporated · head office in Mumbai
- 27,984 MTPACapacity across two plants at MIDC Tarapur
- 3rd plantBeing set up in Valsad, Gujarat
- GRS · OEKO-TEXPlus ISO 9001 & 14001; 171 permanent employees
Promoters & holding
Vijay Omjagdish Behl, Virander Behl, Devina Varinder Behl, Rajiv Behl, Mihir Suvanam, Magic Films Pvt. Ltd.
Objects of the issue
Unitec Fibres IPO Review: Should You Apply?
Our 100-point score, and both sides of the case.
Our view: An established recycled-polyester maker with certifications global buyers want, priced far below listed recyclers at ~17× post-issue earnings, and using the issue to cut debt. But revenue has stalled, margins are thin (~7% EBITDA), borrowings have jumped, and demand only arrived on the final day (4× at close).
- Makes recycled polyester fibre from PET waste, with the GRS, OEKO-TEX and ISO certifications global brands look for.
- Established since 2005, with 27,984 MTPA capacity and a third plant coming up in Valsad.
- Cheap vs listed recyclers: ~17× post-issue earnings vs Ganesha Ecosphere (~69×) and Divyadhan (~39×), at ~1.6× book.
- ₹31 Cr of the ₹34.5 Cr issue goes to repaying debt, which should cut interest costs.
- Sells into several end markets: automobiles, home furnishings and textiles.
- No growth: revenue has been flat at ~₹225 Cr for two years, and profit fell to ₹7.6 Cr in FY26.
- Thin margins (EBITDA ~7%, PAT ~3.6%) that are sensitive to PET waste and polyester prices.
- Borrowings rose nearly 5× in two years (₹15.7 Cr → ₹77.2 Cr); the issue repays only part of this.
- None of the IPO money funds growth, and funding for the Valsad plant isn't covered by the issue.
- Demand came only on the final day (0.16× after Day 2, 4× at close; individual investors 2.73×), and a high SME minimum of ₹2,81,600.
Unitec Fibres Listing Performance Updates after Sep 30
We close the loop: issue vs listing price, and whether our call was right.
Unitec Fibres IPO Allotment Status & Contact Details
Allotment was finalised on Sep 28. Check it with your PAN or application number.
Bigshare Services Pvt. Ltd.
- Phone
- 8657578989 / 8069219065 / 8069219060
- ipo@bigshareonline.com
Unitec Fibres Ltd.
- Address
- Bldg No. 8, Flat No. 3, Oshiwara MHADA Complex, Andheri (W), Mumbai, Maharashtra 400053
- Phone
- 8657019917
- investors@unitecfibres.com
- Website
- unitecfibres.in
Unitec Fibres IPO FAQs
GMP, price, lot size, dates, allotment and how to apply.
What is Unitec Fibres IPO?
Unitec Fibres IPO is a ₹34.47 Cr SME book built issue, entirely a fresh issue. The shares will list on BSE SME.
What is the price band of Unitec Fibres IPO?
The price band is ₹83 – ₹88 per equity share of face value ₹10.
What is the lot size of Unitec Fibres IPO?
The minimum lot is 1,600 shares. Individual investors must apply for exactly 2 lots (3,200 shares).
What is the minimum investment for Unitec Fibres IPO?
The minimum individual investment is ₹2,81,600 (3,200 shares at ₹88).
When does Unitec Fibres IPO open and close?
The IPO opens on Sep 23, 2026 and closes on Sep 25, 2026.
What is the allotment date of Unitec Fibres IPO?
The basis of allotment is finalised on Sep 28, 2026. Refunds and demat credit were on Sep 28, 2026.
When will Unitec Fibres IPO be listed?
The tentative listing date is Sep 30, 2026 on BSE SME.
What is Unitec Fibres IPO subscription status?
At close (Sep 25 · 5:00 PM IST), the issue was subscribed 4.00× overall — QIB 5.30×, bHNI 5.02×, sHNI 5.73×, Individual 2.73×.
What is the P/E ratio and valuation of Unitec Fibres IPO?
At the upper band, the P/E is 12.2× pre-issue and 16.7× post-issue. Listed peers include Ganesha Ecosphere (68.9×) and Divyadhan Recycling (39.3×).
Should I apply for Unitec Fibres IPO?
IPOSignal's view is Proceed with Caution · Flat Growth, Rising Debt (57/100). An established recycled-polyester maker with certifications global buyers want, priced far below listed recyclers at ~17× post-issue earnings, and using the issue to cut debt. But revenue has stalled, margins are thin (~7% EBITDA), borrowings have jumped, and demand only arrived on the final day (4× at close). This is research, not investment advice.
How to check Unitec Fibres IPO allotment status?
Check on the registrar Bigshare Services Pvt. Ltd.'s site (ipo.bigshareonline.com/IPO_Status.html), or on the BSE / NSE allotment pages, using your PAN or application number.
Who is the registrar and lead manager of Unitec Fibres IPO?
The registrar is Bigshare Services Pvt. Ltd.. The book-running lead manager is Smart Horizon Capital Advisors Pvt. Ltd.. The market maker is Shreni Shares Ltd..