Unitec Fibres IPO
Textiles • ₹34cr
Medium risk because:
- 5 material risk factors disclosed in DRHP
- SME listing with thinner post-listing liquidity
- Revenue is geographically concentrated in Gujarat, Maharashtra, Tamil Nadu, and Haryana.
IPOFins risk score from DRHP risk factors, subscription demand & issue structure
Price Band
₹23-25
Lot Size
1600 shares
Issue Size
₹34cr
Open
23 Sept 2026
Close
25 Sept 2026
Subscription
3.54×
IPO Schedule
| Issue Open Date | 23 Sept 2026 |
| Issue Close Date | 25 Sept 2026 |
| Allotment Date | 28 Sept 2026 |
| Listing Date | 30 Sept 2026 |
About Unitec Fibres
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, extrusion, and fibre production to cater to specific quality standards and customer requirements.
Company Details
Founders / Promoters
Mr Virander Behl
Founded
2005
Registrar
Bigshare Services Pvt Ltd
Documents
DRHP / RHP Document (PDF)
View official prospectus →
Investment Analysis
Unitec Fibres — IPOFins Verdict
QuantitativeDriven by QIB demand at 5.3x and moderate disclosed risk (6/10). SME listings are also thinner and more volatile after listing. The picture is mixed — treat this as one input alongside the DRHP, valuation, and your own risk appetite.
- 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.
Score breakdown — what drove this verdict
Moderate risk from DRHP → score -0.4
Institutional subscription → score +1.0
SME IPOs have lower liquidity after listing → score −0.5
Base score: 5.0 · Final score = base + all factor adjustments, capped 1–10. Full methodology →
IPOFins Score is a quantitative signal from subscription demand, disclosed risk, and listing data — not investment advice. Not SEBI-registered.
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FAQ
What is the price band of Unitec Fibres IPO?
The price band is ₹23-25 per share with a lot size of 1600 shares. Minimum investment: ₹40,000.
What does Unitec Fibres do?
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, extrusion, and fibre production to cater to specific quality standards and customer requirements.
Should I apply for Unitec Fibres IPO?
Unitec Fibres is drawing muted interest at 3.5x overall subscription (QIB 5.3x, retail 2.5x). IPOFins Score 5/10: Driven by QIB demand at 5.3x and moderate disclosed risk (6/10). SME listings are also thinner and more volatile after listing. The picture is mixed — treat this as one input alongside the DRHP, valuation, and your own risk appetite.
Who founded Unitec Fibres?
Unitec Fibres was founded by Mr Virander Behl in 2005.