Unitec Fibres IPO is a book-built SME IPO of ₹34.47 crore. The issue comprises 39,16,800 fresh equity shares and does not include an offer for sale. The IPO is scheduled to open for subscription on September 23, 2026, and close on September 25, 2026. The basis of allotment is expected on September 28, 2026, while the shares are scheduled to be credited to demat accounts on September 29, 2026.
Unitec Fibres IPO has a price band of ₹83 to ₹88 per share and a lot size of 1,600 shares. At the upper price band, retail investors need to apply for a minimum of 3,200 shares, requiring an investment of ₹2,81,600. The IPO is proposed to list on the BSE SME platform on September 30, 2026.
The company manufactures Recycled Polyester Staple Fibre (RPSF) using recycled PET flakes, PET chips and post-consumer polyester waste. Its products are supplied to automobile, textile and home furnishing industries for applications including carpets, roof liners, trunks, sofas, curtains and spinning.
Table of Contents
Unitec Fibres IPO Details Information
| Particular | Details |
|---|---|
| IPO Name | Unitec Fibres IPO |
| Company Name | Unitec Fibres Limited |
| IPO Type | Book Built Issue |
| IPO Category | SME IPO |
| Face Value | ₹10 per share |
| Price Band | ₹83 to ₹88 per share |
| Issue Size | ₹34.47 Crore |
| Fresh Issue | 39,16,800 Shares |
| Offer for Sale | Nil |
| IPO Open Date | September 23, 2026 |
| IPO Close Date | September 25, 2026 |
| Anchor Investor Bidding | September 22, 2026 |
| Basis of Allotment | September 28, 2026 |
| Refund Initiation | September 28, 2026 |
| Shares Credited to Demat Account | September 29, 2026 |
| Listing Date | September 30, 2026 |
| Listing Exchange | BSE SME |
| Lot Size | 1,600 Shares |
| Registrar | Bigshare Services Pvt. Ltd. |
| Book Running Lead Manager | Smart Horizon Capital Advisors Pvt. Ltd. |
Unitec Fibres IPO consists entirely of a fresh issue. The total issue comprises 39,16,800 shares, including 2,00,000 shares reserved for the market maker, while 37,16,800 shares form the net offer to the public. The company is raising capital primarily to repay or prepay borrowings and for general corporate purposes.
Unitec Fibres IPO Dates
| IPO Event | Date |
|---|---|
| Anchor Investor Bidding | September 22, 2026 |
| IPO Opening Date | September 23, 2026 |
| IPO Closing Date | September 25, 2026 |
| Basis of Allotment | September 28, 2026 |
| Refund Initiation | September 28, 2026 |
| Shares Credited to Demat Account | September 29, 2026 |
| Listing Date | September 30, 2026 |
The IPO timetable is tentative and may be subject to changes in accordance with the applicable issue process. The source schedule specifies September 28 for allotment and refunds, September 29 for credit of shares and September 30 for listing.
Unitec Fibres IPO Reservation
| Investor Category | Reservation |
|---|---|
| QIB | 49.72% |
| NII | 15.15% |
| RII | 35.13% |
Of the 37,16,800 shares in the net public offer, 18,48,000 shares are allocated to QIBs, 5,63,200 shares to NIIs and 13,05,600 shares to retail individual investors. A further 2,00,000 shares are reserved for the market maker on a firm basis.
Unitec Fibres IPO Lot Size
| Application | Shares | Amount |
|---|---|---|
| Individual Investors (IND) (Min) | 3,200 | ₹2,81,600 |
| Individual Investors (IND) (Max) | 3,200 | ₹2,81,600 |
| S-HNI (Min) | 4,800 | ₹4,22,400 |
The IPO lot size is 1,600 shares. Investors can bid for a minimum of 3,200 shares, equivalent to two lots, and thereafter in multiples of 1,600 shares. At the upper price band of ₹88, the minimum retail application requires ₹2,81,600. The minimum S-HNI application is 4,800 shares, requiring ₹4,22,400.
About Unitec Fibres Limited
Unitec Fibres Limited was incorporated in February 2005 and operates in the recycled polyester fibre manufacturing industry. The company manufactures Recycled Polyester Staple Fibre by processing recycled PET flakes, PET chips and other post-consumer polyester waste.
Its products are supplied to automobile, home furnishing and textile industries. RPSF manufactured by the company is used in products and applications such as carpets, roof liners, automobile trunks, sofas, curtains and spinning.
The company currently operates two manufacturing facilities in the M.I.D.C. Tarapur Industrial Area in Maharashtra. These facilities have a combined installed production capacity of 27,984 metric tonnes per annum. The company is also developing a third manufacturing facility in Valsad, Gujarat to increase its production capacity.
As of March 31, 2026, Unitec Fibres had 171 permanent employees working across production, quality, maintenance, finance, procurement, dispatch, import-export, human resources and administrative functions.
Business Operations
Unitec Fibres operates primarily in the recycled polyester staple fibre segment. Its manufacturing process involves converting recycled polyester-based raw materials into fibres that can be supplied to downstream industries.
The company’s customer industries include automobiles, home furnishings and textiles. This gives its products multiple end-use applications, ranging from automotive components to furnishing products and textile applications.
The company has two operational manufacturing units at Tarapur, Maharashtra, with a combined capacity of 27,984 MTPA. It is also establishing another facility in Valsad, Gujarat, which is intended to support future production expansion.
The company states that it follows quality and environmental standards and holds ISO 9001:2015, ISO 14001:2015, OEKO-TEX® and Global Recycled Standard certifications.
Industry Overview
The recycled polyester industry forms part of the broader textile and polyester value chain. Recycled polyester is produced by converting post-consumer or post-industrial polyester waste into usable fibre and is used in several textile and industrial applications.
Unitec Fibres operates in this segment with RPSF as its principal product. The company’s business is linked to demand from textiles, home furnishings and automotive applications. Its development of an additional manufacturing facility also indicates an expansion-oriented approach to production capacity.
The company reported capacity utilisation of approximately 90.85% in FY2026, compared with 90.98% in FY2025 and 92.32% in FY2024. RPSF represented the overwhelming majority of FY2026 revenue, indicating a significant concentration in its core product.
Business Strategy
The company’s business strategy is centred on recycled polyester manufacturing, production capacity expansion and maintaining relationships with customers across different end-use industries.
The proposed Valsad manufacturing facility is expected to add production capacity as the company expands its manufacturing footprint. The company also emphasises quality certifications and sustainable recycling processes as part of its product positioning.
The IPO proceeds are primarily proposed to be used for repayment or prepayment of borrowings, which can reduce the company’s outstanding debt burden. The remaining proceeds are proposed for general corporate purposes.
Unitec Fibres IPO Financial Information
Unitec Fibres has reported growth in assets and net worth over the three-year period from FY2024 to FY2026. At the same time, total income and profit after tax were lower in FY2026 than in FY2025.
Unitec Fibres Financial Summary
| Particular | FY2026 | FY2025 | FY2024 |
|---|---|---|---|
| Assets | ₹169.35 Cr | ₹122.96 Cr | ₹90.46 Cr |
| Total Income | ₹224.86 Cr | ₹227.13 Cr | ₹204.99 Cr |
| Profit After Tax | ₹7.60 Cr | ₹8.22 Cr | ₹7.42 Cr |
| EBITDA | ₹15.77 Cr | ₹17.45 Cr | ₹16.78 Cr |
| Net Worth | ₹65.00 Cr | ₹57.40 Cr | ₹49.18 Cr |
| Reserves and Surplus | ₹54.49 Cr | ₹46.90 Cr | ₹38.68 Cr |
| Total Borrowings | ₹77.19 Cr | ₹36.64 Cr | ₹15.72 Cr |
Amount in ₹ Crore.
The company’s total income stood at ₹224.86 crore in FY2026 compared with ₹227.13 crore in FY2025. Profit after tax was ₹7.60 crore in FY2026 compared with ₹8.22 crore in FY2025. Borrowings increased to ₹77.19 crore from ₹36.64 crore during the same period.
Unitec Fibres IPO Key Performance Indicators (KPIs)
| KPI | FY2026 | FY2025 |
|---|---|---|
| ROE | 12.41% | 15.42% |
| ROCE | 9.05% | 15.04% |
| Debt/Equity | 1.19 | 0.64 |
| RoNW | 11.69% | 14.32% |
| PAT Margin | 3.39% | 3.63% |
| EBITDA Margin | 7.03% | 7.71% |
| NAV | ₹61.89 | ₹54.66 |
| Price to Book Value | — | 1.61 |
The FY2026 figures show a lower ROE, ROCE, RoNW, PAT margin and EBITDA margin compared with FY2025, while debt/equity increased. NAV increased from ₹54.66 in FY2025 to ₹61.89 in FY2026.
Objects of the Unitec Fibres IPO
The company proposes to utilise the net proceeds of the IPO for the following purposes:
- Repayment or prepayment of all or certain borrowings availed by the company.
- General corporate purposes.
The company has estimated ₹31 crore for repayment or prepayment of borrowings. The remaining proceeds are proposed to be used for general corporate purposes.
The proposed debt repayment is a significant component of the IPO’s stated use of funds. The company’s total borrowings stood at ₹77.19 crore as of March 31, 2026, compared with ₹36.64 crore as of March 31, 2025.
Unitec Fibres IPO Listing Performance
| Particular | Value |
|---|---|
| Listing Exchange | BSE SME |
| Listing Date | September 30, 2026 |
| Issue Price | ₹88 |
| Listing Price | To Be Updated |
| Listing Gain | To Be Updated |
| Listing Gain (%) | To Be Updated |
The Unitec Fibres IPO is scheduled to list on the BSE SME platform on September 30, 2026. Since the listing has not yet taken place, the actual listing price and listing gain will be updated after trading begins.
Unitec Fibres IPO Subscription Status
The Unitec Fibres IPO is scheduled to open for subscription on September 23, 2026. Therefore, category-wise live subscription figures are not available before the issue opens.
The subscription status will be tracked across QIB, NII and retail investor categories during the three-day bidding period.
Unitec Fibres IPO Subscription
| Investor Category | Subscription |
|---|---|
| QIB | To Be Updated |
| NII | To Be Updated |
| RII | To Be Updated |
| Employee Category | Not Applicable |
| Total Subscription | To Be Updated |
Subscription figures will be updated once bidding begins on September 23, 2026.
Unitec Fibres IPO Review
Unitec Fibres is entering the SME IPO market with a fresh issue of ₹34.47 crore. Since the issue is entirely fresh, the proceeds are being raised by the company rather than existing shareholders through an offer for sale.
A major stated purpose of the issue is repayment or prepayment of borrowings. This is relevant because the company’s total borrowings increased from ₹36.64 crore in FY2025 to ₹77.19 crore in FY2026. The proposed ₹31 crore allocation could therefore be used to reduce part of the company’s outstanding debt.
The company’s operating profile is concentrated in recycled polyester staple fibre. RPSF accounted for 98.04% of FY2026 revenue according to recent IPO research, while the company had approximately 90.85% capacity utilisation during FY2026.
Financially, the company recorded ₹224.86 crore of total income and ₹7.60 crore of PAT in FY2026. Net worth increased to ₹65 crore, while borrowings also increased substantially. The FY2026 ROE was 12.41% and ROCE was 9.05%.
The company’s business also has exposure to sustainability-oriented manufacturing because its products are manufactured using recycled polyester materials. It has two manufacturing facilities at Tarapur and is developing another facility in Valsad, Gujarat.
Investors evaluating the IPO may therefore consider the company’s product concentration, debt levels, profitability trends, manufacturing capacity utilisation, future expansion plans and the intended use of IPO proceeds alongside the issue valuation.
Unitec Fibres IPO Strengths
- Focus on recycled polyester staple fibre manufacturing and recycling-based production.
- Established manufacturing facilities at Tarapur, Maharashtra.
- Combined installed production capacity of 27,984 MTPA.
- Additional manufacturing facility under development in Valsad, Gujarat.
- Certifications including ISO 9001:2015, ISO 14001:2015, OEKO-TEX® and Global Recycled Standard.
- Products supplied to automobile, textile and home furnishing industries.
- Experienced promoters and management team with long-standing industry involvement.
- High manufacturing capacity utilisation reported for FY2026.
Unitec Fibres IPO Risk Factors
- The company’s revenue is significantly concentrated in recycled polyester staple fibre.
- Total borrowings increased substantially from FY2025 to FY2026.
- FY2026 total income and PAT were lower than the previous financial year.
- ROE, ROCE, RoNW, PAT margin and EBITDA margin declined in FY2026 compared with FY2025.
- The business is exposed to changes in raw material availability and prices.
- The company operates in a competitive manufacturing segment.
- Expansion of the Valsad facility may involve additional capital expenditure and execution risks.
- As an SME-listed company, the shares may experience lower liquidity and higher price volatility than securities listed on the mainboard.
Unitec Fibres IPO Promoters
The promoters of Unitec Fibres include Vijay Omjagdish Behl, Virander Behl, Devina Varinder Behl, Rajiv Behl, Mihir Suvanam and Magic Films Pvt. Ltd.
Unitec Fibres IPO Promoters Details
| Promoter | Designation |
|---|---|
| Vijay Omjagdish Behl | Promoter |
| Virander Behl | Promoter |
| Devina Virander Behl | Promoter |
| Rajiv Behl | Promoter |
| Mihir Suvanam | Promoter |
| Magic Films Pvt. Ltd. | Promoter |
The promoter and promoter group holding is reported at 94.20% before the IPO and 68.61% after the IPO.
Unitec Fibres IPO Management Team
| Name | Designation |
|---|---|
| Virander Behl | Managing Director |
| Vijay Omjagdish Behl | Chairman & Whole-Time Director |
| Devina Virander Behl | Non-Executive Non-Independent Director |
| Sekar Ananthanarayan | Non-Executive Independent Director |
| Pradnya Yogesh Chandorkar | Non-Executive Independent Director |
| Rajiv Behl | Chief Executive Officer |
| Mihir Suvanam | Chief Financial Officer |
| Disha Vijay Rane | Company Secretary & Compliance Officer |
The management information above is based on available IPO research referencing the company’s board and key management personnel.
Unitec Fibres IPO Registrar Details
| Particular | Details |
|---|---|
| Registrar Name | Bigshare Services Pvt. Ltd. |
| Website | Bigshare IPO Status |
| IPO Allotment Status | Available through the registrar’s IPO status portal |
| Email ID | [email protected] |
| Contact Number | 8657578989 / 8069219065 / 8069219060 |
Bigshare Services Pvt. Ltd. is the registrar for the Unitec Fibres IPO.
Unitec Fibres IPO Lead Manager Details
| Particular | Details |
|---|---|
| Lead Managers | Smart Horizon Capital Advisors Pvt. Ltd. |
Smart Horizon Capital Advisors Pvt. Ltd. is the book running lead manager for the Unitec Fibres IPO.
Unitec Fibres Limited Contact Details
| Particular | Details |
|---|---|
| Company Name | Unitec Fibres Limited |
| Registered Office | BLDG No 8 Flat No 3, Oshiwara Mahda Complex, Andheri (W), Mumbai, Maharashtra – 400053 |
| Website | Unitec Fibres official website |
| Email ID | [email protected] |
| Contact Number | 8657019917 |
The registered office and contact information are provided in the IPO source material.
How to Check Unitec Fibres IPO Allotment Status
Through the Registrar
- Visit the official Bigshare IPO status portal.
- Select Unitec Fibres IPO from the available IPO list.
- Select the applicable option such as PAN, Application Number or Demat/DP ID.
- Enter the required details.
- Submit the information to view the allotment status.
Through the Stock Exchange
- Visit the official BSE website.
- Navigate to the IPO allotment/status section.
- Select Unitec Fibres IPO.
- Enter the required PAN or application details.
- Complete verification if requested.
- Submit the details to check the allotment status.
Unitec Fibres IPO Conclusion
Unitec Fibres IPO is a ₹34.47 crore fresh issue with a price band of ₹83 to ₹88 per share and a lot size of 1,600 shares. The company operates in recycled polyester staple fibre manufacturing and has two production facilities in Tarapur, Maharashtra, with an additional facility under development in Valsad, Gujarat.
The company proposes to use ₹31 crore of the IPO proceeds for repayment or prepayment of borrowings, with the balance intended for general corporate purposes. FY2026 financials show ₹224.86 crore of total income, ₹7.60 crore of PAT, ₹65 crore of net worth and ₹77.19 crore of borrowings.
The IPO is scheduled to open on September 23, 2026, close on September 25, 2026, and list on the BSE SME platform on September 30, 2026. Investors should review the company’s financial performance, debt position, product concentration, industry conditions, IPO valuation and risk factors before making an investment decision.
Unitec Fibres IPO FAQs
What is the Unitec Fibres IPO?
Unitec Fibres IPO is a book-built SME IPO of ₹34.47 crore comprising 39,16,800 fresh equity shares.
When will the Unitec Fibres IPO open?
The Unitec Fibres IPO is scheduled to open for subscription on September 23, 2026.
When will the Unitec Fibres IPO close?
The IPO is scheduled to close on September 25, 2026.
What is the Unitec Fibres IPO price band?
The price band is ₹83 to ₹88 per equity share.
What is the Unitec Fibres IPO lot size?
The lot size is 1,600 shares. Retail investors must apply for at least two lots, or 3,200 shares, at the upper price band.
What is the minimum investment for the Unitec Fibres IPO?
At the upper price band of ₹88, the minimum retail application of 3,200 shares requires ₹2,81,600.
What is the Unitec Fibres IPO allotment date?
The basis of allotment is expected to be finalised on September 28, 2026.
What is the Unitec Fibres IPO listing date?
The shares are scheduled to list on the BSE SME platform on September 30, 2026.
Who is the registrar of the Unitec Fibres IPO?
Bigshare Services Pvt. Ltd. is the registrar of the Unitec Fibres IPO.
Who is the lead manager of the Unitec Fibres IPO?
Smart Horizon Capital Advisors Pvt. Ltd. is the book running lead manager of the IPO.
