Unitec Fibres IPO
Unitec Fibres IPO is an SME IPO raising ₹34 Cr at ₹83 – ₹88 a share. It listed on 30 Sept 2026 at ₹90, +2.3% against its issue price of ₹88, and trades at ₹91 today (+2.8% since issue). It was subscribed 3.72× in total.
3.7 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
Where your money goes
Only the fresh issue reaches the company. The offer for sale is existing shareholders selling their own stock — that money goes to them, not the business.
A red herring prospectus is filed before the price is fixed, so it states share counts rather than rupee amounts. derived: shares x cut-off price Rs88 + OFS by subtraction from exchange total Rs34 Cr. Checked: exchange issue size Rs34 Cr vs derived Rs34.5 Cr (1.5% apart).
What the fresh money funds
The stated uses of the net proceeds, from the prospectus’s Objects of the Issue table. Only the fresh issue funds these — the offer-for-sale money goes to the selling shareholders above.
As stated in the prospectus. “General corporate purposes” is the part with no committed use; SEBI caps it at 25% of the issue.
The price they’re asking
From the prospectus’s own “Basis for Issue Price” — the issuer’s earnings multiple against the peers it chose to compare itself with.
Priced 77% below the median multiple of the peers the issuer itself names.
| Listed peer (issuer’s choice) | P/E | RoNW | EPS |
|---|---|---|---|
| Ganesha Ecosphere Limited | 68.88× | 3% | ₹14.48 |
| Divyadhan Recycling Industries Limited | 39.29× | 4.45% | ₹1.19 |
| This issue | 12.2× | 11.69% | ₹7.23 |
derived: cut-off price Rs88 / stated EPS Rs7.23 (FY26 (year ended March 31, 2026) Basic & Diluted EPS, restated post-bonus). Peer figures are as printed in the prospectus — they date from its filing, not today. A multiple is one lens, not a verdict.
Terms of the issue
The mechanics of what is being sold. Held for every issue we track.
Not here yet
The anchor-investor allocation — which institutions were allotted shares before bidding opened — is still to be read out of its document.