IPO Issue Details
Issue Price / Price Band₹127 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,000 Shares per Lot
Total Issue Size32,40,000 shares (aggregating up to ₹41.15 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenFri, 10 Oct 2025
Subscription CloseTue, 14 Oct 2025
Anchor AllotmentThu, 09 Oct 2025
Basis of AllotmentWed, 15 Oct 2025
Initiation of RefundsThu, 16 Oct 2025
Credit of Shares to DematThu, 16 Oct 2025
Listing DateFri, 17 Oct 2025
UPI Mandate Deadline2025-10-14
Application & Investment Details
Retail — Min (2 Lots)₹2,54,000 — 2,000 shares
Retail — Max (13 Lots)₹1,651,000 (13 Lots)
HNI — Min (3 Lots)₹3,81,000 — 3,000 shares
EPS (Pre-IPO)₹12.15
EPS (Post-IPO)₹9.85
P/E Ratio (Pre-IPO)10.45x
P/E Ratio (Post-IPO)12.89x
Net Offer to Public30,78,000 shares (aggregating up to ₹39.09 Cr)
Reserved for Market Maker1,62,000 shares (aggregating up to ₹2.06 Cr)
Pre-IPO Promoter Holding90,00,000 shares
Post-IPO Promoter Holding1,22,40,000 shares
About SK Minerals & Additives Ltd.
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 two manufacturing units are situated in Ludhiana, Punjab.As of April 20, 2025, the company had 91 permanent employees.Competitive Strength:More than 35% 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.
Objects of the Issue
SK Minerals & Additives Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
Working Capital Requirement
31
2
To fund the expansion plan of the Company i.e. Capital expenditure towards purchase of Plant and Machinery
5.05
3
General Corporate Purpose
Shareholding & Lock-in
Pre-IPO Promoter Holding
90,00,000 shares
Post-IPO Promoter Holding
1,22,40,000 shares