Initial public offer of upto 52,34,000* equity shares of face value of (₹) 10/- each ("Equity Shares") of Utkal Speciality Industries India Limited ("The Company") for cash at a price of (₹) 62-66 per equity share (Including Share Premium of (₹) 52-56 Per Equity Share) ("Offer Price"), aggregating up to (₹) 32.45-34.54 Crore comprising a fresh offer of up to 54,24,000 equity shares aggregating up to (₹) 32.45-34.54 Crore by the company ("The Offer") of which upto 2,64,000 equity shares aggregating to (₹) 1.64-1.74 Crore will be reserved for subscription by market maker to the offer (the "Market Maker Reservation Portion"). The offer less market maker reservation portion i.e., Net offer of upto 49,70,000 equity shares at an offer price of (₹) 62-66 per equity share aggregating to (₹) 30.81-32.80 Crore is hereinafter referred to as the "Net Offer". The offer and the net offer will constitute 26.79% and 25.44%, respectively of the post offer paid up equity share capital of the company. Price Band: (₹) 62 to (₹) 66 per equity share of face value of (₹) 10/- each. The floor price is 6.2 times of face value and cap price is 6.6 times the face value of the equity shares. Bids can be made for a minimum of 4,000 equity shares and in multiples of 2,000 equity shares thereafter.

Minimum Application for shares in Nos : 4000     Further Multiples of : 2000