Unitec Fibres Limited is an Indian manufacturing company specializing in Recycled Polyester Staple Fibre (RPSF) produced from recycled PET flakes, PET chips, and polyester waste.
Company Overview
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Core Business: Manufactures custom-grade Recycled Polyester Staple Fibre (RPSF) across various colors, densities, and specifications.
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Facilities & Capacity: Operates two manufacturing units in Tarapur, Maharashtra, with a combined installed capacity of 27,984 MTPA. A third manufacturing unit is under development in Valsad, Gujarat.
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End-Use Sectors: Serves clients in home furnishings (~46.5%), automotive manufacturing (~36.1%), non-woven fabrics (~10.3%), and textiles (~5.0%).
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Certifications: Holds ISO 9001:2015, ISO 14001:2015, OEKO-TEX®, and Global Recycled Standard (GRS) certifications.
Performance & Key Indicators
| Metric |
FY 2024 |
FY 2025 |
FY 2026 |
| Capacity Utilization |
92.32% |
90.98% |
90.85% |
| EBITDA Margin |
— |
7.71% |
7.03% |
| PAT Margin |
— |
3.63% |
3.39% |
| Return on Equity (ROE) |
— |
15.42% |
12.41% |
| Return on Capital Employed (ROCE) |
— |
15.04% |
9.05% |
| Debt to Equity Ratio |
— |
0.64 |
1.19 |
Operational Highlights & Risk Factors
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High Repeat Revenue: Derives over 90% of revenue from repeat institutional clients.
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Concentration Risk: Highly dependent on a single core product line (RPSF accounts for over 98% of operational revenue).
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Geographic Reliance: Top domestic markets (Gujarat, Maharashtra, Tamil Nadu, and Haryana) account for ~59.5% of total sales.
IPO Details
| Parameter |
Specification |
| IPO Bidding Dates |
September 23, 2026 – September 25, 2026 |
| Tentative Listing Date |
September 30, 2026 (BSE SME Platform) |
| Price Band |
₹83 to ₹88 per equity share |
| Face Value |
₹10 per share |
| Issue Size |
₹34.47 Crore (39,16,800 fresh equity shares) |
| Offer Type |
100% Fresh Issue (No Offer for Sale) |
| Lot Size |
1,600 shares |
| Min. Retail Application |
2 lots (3,200 shares) = ₹2,81,600 at upper band |
| S-HNI Min. Application |
3 lots (4,800 shares) = ₹4,22,400 at upper band |
| Lead Manager |
Smart Horizon Capital Advisors Pvt. Ltd. |
| Registrar |
Bigshare Services Pvt. Ltd. |
| Object of Issue |
Repayment/prepayment of ₹31.00 Cr in borrowings and general corporate purposes. |
Financial Details
(Figures in ₹ Crore)
| Financial Year |
Total Assets |
Total Revenue |
Net Profit (PAT) |
Net Worth / NAV |
| FY 2024 |
90.46 |
204.99 |
7.42 |
— |
| FY 2025 |
122.96 |
227.13 |
8.22 |
54.66 |
| FY 2026 |
169.35 |
224.86 |
7.60 |
61.89 |
