UNITEC FIBRES LIMITED IPO
UNITEC FIBRES LIMITED IPO closed on 25 Sept 2026. Allotment 28 Sept 2026, listing 30 Sept 2026. Price band ₹83–₹88, lot 1600 shares, GMP +₹0 (0%). Track allotment on Allotly.
| Status | Closed |
|---|---|
| Category | SME · BSE |
| Price band | ₹83–₹88 |
| Lot size | 1600 shares |
| Minimum investment | ₹2,81,600 |
| Issue size | ₹34.47 Cr |
| GMP | +₹0 (0%) |
| Open date | 23 Sept 2026 |
| Close date | 25 Sept 2026 |
| Allotment date | 28 Sept 2026 |
| Listing date | 30 Sept 2026 |
About UNITEC FIBRES LIMITED
Unitec Fibres Limited manufactures recycled polyester staple fibre from polyethylene terephthalate flakes, chips, and post-consumer waste. The company operates two manufacturing facilities in Tarapur, Maharashtra, and generates revenue through the sale of recycled polyester staple fibre products across domestic and international markets. Its product offerings primarily serve business-to-business institutional buyers in end-user industries including home furnishings, automobiles, non-woven fabrics, and textiles. The company also generates revenue through Extended Producer Responsibility certificates derived from its recycling operations and government incentives such as duty drawbacks. The company relies on transactional purchase orders from its customer base without long-term contracts and sources raw materials from local vendors and suppliers. Its operations encompass processing…
Strengths
- Established RPSF manufacturing setup using recycled PET waste.
- Geographic presence across domestic and international markets.
- In-house production setup backed by ISO and OEKO-TEX certifications.
- Revenue generation capability from EPR credits.
- Diversified customer base across auto, textile, and furnishing sectors.
Risks
- Revenue is geographically concentrated in Gujarat, Maharashtra, Tamil Nadu, and Haryana.
- High dependence on top customers without long-term contractual supply agreements.
- Procurement relies heavily on a limited group of raw material suppliers.
- A major portion of revenue depends solely on recycled polyester staple fibre sales.
- Potential conflicts of interest exist with group entities operating in similar businesses.