GST demand against Company for FY 2022-23 of ₹1,78,10,440 issued on August 14, 2026; Company yet to respond
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
What’s in court
The issuer’s own summary of outstanding legal proceedings — SEBI requires this table in every prospectus. Counts and amounts are as disclosed; the disclosed aggregate at stake is ₹8.1 Cr.
| Against | Criminal | Tax | Other material | Amount at stake |
|---|---|---|---|---|
| The company | 0 | 17 | 1 | ₹7.8 Cr |
| Promoters | 0 | 8 | 0 | ₹0.2 Cr |
| Directors | 0 | 8 | 0 | ₹0.2 Cr |
| Group companies | 0 | 6 | 0 | ₹0.1 Cr |
GST demand against Company for FY 2020-21 of ₹1,69,41,724 confirmed by Order-in-Original dated December 20, 2024; appeal filed March 20, 2025
Company's refund application for inverted tax structure (Jan-Feb 2026) of ₹1,52,17,624; SCN for rejection issued May 05, 2026
GST demand against Company for FY 2019-20 of ₹98,04,685; appeal filed June 10, 2024
Customs appeal by Company (Unitec Fibres) before CESTAT challenging tariff classification of PET Flakes; customs duty demand of ₹49,67,769; next hearing December 07, 2026
No explicit SEBI-format summary table provided; counts derived from individual disclosures. Company tax = 11 direct tax entries (71.86 lakhs) + 6 indirect tax/GST entries (655.33 lakhs) = 727.19 lakhs = 7.2719 crore; plus 1 other material litigation (Customs) of 49.68 lakhs = 0.4968 crore. Promoters/Directors tax = 4 entries for Ms. Devina Behl (2.77 lakhs) + 3 entries for Mr. Vijay Omjagdish Behl (13.65 lakhs) + 1 entry for Mr. Virander Behl (0.20 lakhs) = 16.62 lakhs = 0.1662 crore. Group (Deenanath Fibres Pvt Ltd) tax = 5 direct tax entries (9.08 lakhs) + 1 TDS default (4.71 lakhs) = 13.79 lakhs = 0.1379 crore. Subsidiaries/Joint Ventures/Associates: no specific litigation sections provided. All amounts converted from stated ₹ lakhs to ₹ crore (1 crore = 100 lakhs).. Outstanding means unresolved — a listed case is an exposure, not a verdict.
Source documents
What the issuer and the exchanges published. Everything else on this tab is read out of these.