SK Minerals & Additives Limited
Bookbuilding IPO · BSE
- Price band
- ₹120 - ₹127
- Lot size
- 1,000 shares
- Issue amount
- ₹41.15 cr
- Total subscription
- 3.6×
- Opens
- 10 Oct 2025
- Closes
- 14 Oct 2025
- Allotment
- 15 Oct 2025
- Listing
- 17 Oct 2025
Offer at a glance
Issue overview
- Issue size
- 32,40,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,20,000
- Fresh issue
- ₹41.15 cr
- Offer for sale
- ₹0 cr
- Registrar
- Maashitla Securities Private Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,27,000
- Issue type
- Bookbuilding IPO
- Shares before issue
- 90,00,000
- Shares after issue
- 1,22,40,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 2 | 2,000 | ₹2,54,000 |
| sHNI | 3 | 3,000 | ₹3,81,000 |
| bHNI | 8 | 8,000 | ₹10,16,000 |
Share reservation
Subscription & GMP
Subscription by category
Reported 14 Oct 2025
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| RETAIL | 539 | 1,820 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 7.81 | 7.9 |
| RETAIL | 13.69 | 46.53 |
| HNIs 2+ | 1.96 | 7.44 |
| HNIs 10+ | 3.91 | 36.63 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Aug-25 | Mar-25 | Mar-24 |
|---|---|---|---|
| EPS | 5.58 | 12.15 | 8.57 |
| ROE | 0 | 0 | 0 |
| ROCE | 17.52 | 46.23 | 24.33 |
| RONW | 6.92 | 22.88 | 10.18 |
| PRE IPO(PE) | 0 | 10.45 | 0 |
| POST IPO(PE) | 12.89 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
SK Minerals and Additives Limited, incorporated in February 2022, is engaged in the manufacturing, processing, and supply of industrial minerals and specialty chemicals. The company processes materials like bentonite, barite, talc, dolomite, kaolin, and other minerals, serving industries such as ceramics, paints, plastics, rubber, agriculture, construction, and oil drilling. With a flexible model that combines domestic trading, imports, and in-house production, it delivers a wide range of mineral-based solutions. Certified with ISO 9001:2015 and ISO 22000:2018 for quality management, the company operates two manufacturing units in Ludhiana, Punjab, and employed 91 permanent staff as of April 20, 2025
Strengths
- Reliable Government Clients: Over 35% of revenue comes from government customers, ensuring consistent business.
- Diverse Industry Portfolio: Serves ceramics, paints, plastics, agriculture, and construction, reducing reliance on one sector.
- Strong Regional Presence: Operations across multiple regions in India enhance reach and business stability.
Risk factors
- Pending Legal Cases: Ongoing litigations may affect reputation and financial performance.
- Regulatory Non-Compliance: Manufacturing without prior Consent to Establish exposes the company to penalties.
- Missing Operational Approvals: Some products were made without Consent to Operate, creating compliance and operational risks.
Promoters
Mrs. Sunita Rani
Mr. Mohit Jindal
Mr. Rohit Jindal
Mr. Shubham Jindal
Registrar & documents
Lead manager
Khambatta Securities Limited
Registrar & contacts
Maashitla Securities Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Satkartar Building, Near Khalsa Petrol Pump G.T Road Khanna Ludhiana, Punjab, 141401
+91 9041114180
[email protected]Company website ↗Understanding SKM IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.