✓
Open
10 Oct 2025
✓
Close
14 Oct 2025
3
Allotment
—
✓
Listing
Fri, Oct 17, 2025
Price Band
₹120 to ₹127
Issue Size
32,40,000 shares (agg. up to ₹41 Cr)
Lot Size
1,000 Shares
Listing Date
Fri, Oct 17, 2025
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 2.76x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Aug 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 114.39 | 75.18 | 54.05 | 37.54 |
| Total Income | 85.38 | 212.15 | 108.94 | 132.59 |
| Profit After Tax | 5.02 | 10.94 | 3.10 | 1.89 |
| EBITDA | 8.79 | 19.10 | 6.80 | 3.91 |
| NET Worth | 28.69 | 23.66 | 12.72 | 6.23 |
| Reserves and Surplus | 19.69 | 14.66 | 7.72 | 4.63 |
| Total Borrowing | 75.12 | 39.13 | 32.36 | 23.11 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Shlokka Dyes Ltd. | SME | ₹57.79 Cr | ₹91 | 13.69 | ₹85.50 | -6.04% | ₹24.00 (+4.12%) |
| Snehaa Organics Ltd. | SME | ₹32.68 Cr | ₹122 | 12.47 | ₹115.90 | -5.00% | ₹47.35 (-4.92%) |
| Renol Polychem Ltd. | SME | ₹25.77 Cr | ₹105 | 11.54 | ₹99.75 | -5.00% | ₹81.20 (-4.97%) |
| Mehul Colours Ltd. | SME | ₹21.66 Cr | ₹72 | 9.87 | ₹86.03 | +19.49% | ₹58.00 (-3.33%) |
| Patel Chem Specialities Ltd. | SME | ₹58.80 Cr | ₹84 | 14.21 | ₹104.50 | +24.40% | ₹93.90 (-0.27%) |
| Sacheerome Ltd. | SME | ₹61.62 Cr | ₹102 | 10.42 | ₹160.55 | +57.40% | ₹435.90 (-0.91%) |
| Technichem Organics Ltd. | SME | ₹25.25 Cr | ₹55 | 14.81 | ₹60.11 | +9.29% | ₹47.00 (+0.97%) |
| Gem Aromatics Ltd. | Mainboard | ₹451.25 Cr | ₹325 | 28.52 | ₹319.05 | -1.83% | ₹187.69 (-2.70%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Requirement | 31.00 |
| 2 | To fund the expansion plan of the Company i.e. Capital expenditure towards purchase of Plant and Machinery | 5.05 |
| 3 | General Corporate Purposes | 2.70 |
| 4 | Issue Expenses | 2.40 |
| Total | 41.15 |
About SK Minerals IPO
Incorporated in February 2022, SK Minerals and Additives Limited is engaged in the manufacturing, processing, and supply of industrial minerals and speciality chemicals. SK Minerals and Additives Limited specialises in the processing of materials such as bentonite, barite, talc, dolomite, kaolin, and other industrial minerals. The company uses a flexible business model that integrates domestic trading, imports, and in-house production. The company holds ISO 9001:2015 and ISO 22000:2018 certifications for its Quality Management System. The company provides a wide range of mineral-based solutions that cater to various industries, including ceramics, paints, plastics, rubber, agriculture, construction, and oil drilling. The company's manufacturing facility is situated in Ludhiana, Punjab over an area of 39,222.75 sq. ft. As of April 20, 2025, the company had 91 permanent employees. Competitive Strength: Approximately 25% Revenue Generated through Government Customers. Strengthening Business Resilience Through Client Diversification. Diverse Geographical Area across India. Catering to Diverse Industries. Mix Trading and Expanding Manufacturing Foot Prints. In-house dedicated research &
Contact Details
SK Minerals & Additives Ltd. AddressSatkartar Building, Near Khalsa Petrol PumpG.T RoadKhannaLudhiana, Punjab, 141401+91 9041114180companysecretary@skminerals.netVisit Website