SK Minerals IPO
SK Minerals IPO
Overview
SK Minerals & Additives Ltd. IPO is a book build issue of ₹41.15 crores. The issue is entirely a fresh issue of 0.32 crore shares of ₹41.15 crore. SK Minerals IPO opens for subscription on Oct 10, 2025 and closes on Oct 14, 2025. The allotment for the SK Minerals IPO is expected to be finalized on Oct 15, 2025. SK Minerals IPO will list on BSE SME with a tentative listing date fixed as Oct 17, 2025. SK Minerals IPO price band is set at ₹120.00 to ₹127.00 per share . The lot size for an application is 1,000. The minimum amount of investment required by an individual investor (retail) is ₹2,54,000.00 (2,000 shares) (based on upper price). The minimum lot size investment for HNI is 3 lots (3,000 shares), amounting to ₹3,81,000. Khambatta Securities Ltd. is the book running lead manager and Maashitla Securities Pvt.Ltd. is the registrar of the issue.
Total Shares
32,40,000
Issue Size
₹41.15 Cr
Price Band
₹120 – ₹127
Lot Size
1000 shares
Min. Investment
₹2,54,000
Max. Investment
₹2,54,000
Open Date
10 Oct, 2025
Close Date
14 Oct, 2025
Allotment
15 Oct, 2025
Listing
17 Oct, 2025
Max. Investment
₹2,54,000
Announced
10 Oct, 2025
Opening Date
10 Oct, 2025
Closing Date
14 Oct, 2025
Basis of Allotment
15 Oct, 2025
Initiation of Refunds
16 Oct, 2025
Credit of Shares
16 Oct, 2025
Listing Date
17 Oct, 2025
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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
SK Minerals IPO Share Price
Issue Breakdown
Shareholding
Dilution: 36.0% increase in shares
SK Minerals IPO Promoters Holding
SK Minerals IPO Financial Health
SK Minerals IPO Lot Size
Investors can bid for a minimum of 2,000 shares and in multiples of 1,000 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2000 | ₹2,54,000 |
| Individual investors (Retail) (Max) | 2 | 2000 | ₹2,54,000 |
| S-HNI (Min) | 3 | 3000 | ₹3,81,000 |
| S-HNI (Max) | 7 | 7000 | ₹8,89,000 |
| B-HNI (Min) | 8 | 8000 | ₹10,16,000 |
(All values in CR)
SK Minerals IPO Valuations
The market capitalization of SK Minerals IPO is ₹155.45 Cr. KPI as of Sun, Mar 31, 2024.
| Metric | Value |
|---|---|
| ROE | 24.33 |
| ROCE | 12.45 |
| Debt/Equity | 2.73 |
| RoNW | 24.33 |
| PAT Margin | 2.85 |
| Price to Book Value | 3.60 |
(All values in CR)
SK Minerals IPO Strength & Risk
SK Minerals IPO Strength:
Strong revenue growth with improving profitability trend.
Wide product portfolio covering specialty chemicals and additives.
In-house R&D capabilities supporting innovation and reducing import reliance.
Presence across multiple industries such as food, feed, plywood, and petroleum.
Expansion plans through IPO proceeds for working capital and capacity growth.
SK Minerals IPO Risk:
Dependence on third-party suppliers for certain raw materials
Business demand sensitive to cycles in customer industries
Risks related to manufacturing operations and capacity utilization
Rising costs or inflation could pressure margins
Infrastructure and logistics challenges affecting supply chain
Modest financial profile with longer working capital cycle
SME IPO risks including lower liquidity and limited investor awareness
SK Minerals IPO Subscriptions Status
SK Minerals IPO subscribed 1.87 times. The public issue subscribed 1.88 times in the individual investors category, 0.38 times in QIB (Ex Anchor), and 3.85 times in the NII category by October 14, 2025 1:34:38 PM (Day 3).
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| Anchor | 1.00 | 9,23,000 | 9,23,000 | 11.722 |
| Market Maker | 1.00 | 1,62,000 | 1,62,000 | 2.057 |
| QIB (Ex Anchor) | 0.38 | 6,15,000 | 2,36,000 | 2.997 |
| Non-Institutional Buyers | 3.85 | 4,62,000 | 17,81,000 | 22.619 |
| bNII (bids above ₹10L) | 4.87 | 3,08,000 | 15,01,000 | 19.063 |
| sNII (bids below ₹10L) | 1.82 | 1,54,000 | 2,80,000 | 3.556 |
| Individual Investors (IND category bidding for 2 Lots) | 1.88 | 10,78,000 | 20,22,000 | 25.679 |
| Total | 1.87 | 21,55,000 | 40,39,000 | 51.295 |
SK Minerals IPO GMP
SK Minerals SME IPO last GMP is ₹0, last updated Oct 14th 2025 12:36 PM. With the price band of 127.00, SK Minerals SME IPO's estimated listing price is ₹127 (cap price + today's GMP).The expected percentage gain/loss per share is 0.00%.
Last updated 14 Oct, 2025 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 14 Oct, 2025 | 127 | ₹0 | - | ₹127 (0.00%) | - | 14 Oct, 2025 |
| 13 Oct, 2025 | 127 | ₹0 | - | ₹127 (0.00%) | - | 13 Oct, 2025 |
| 12 Oct, 2025 | 127 | ₹0 | - | ₹127 (0.00%) | - | 12 Oct, 2025 |
| 11 Oct, 2025 | 127 | ₹0 | - | ₹127 (0.00%) | - | 11 Oct, 2025 |
| 10 Oct, 2025 | 127 | ₹0 | - | ₹127 (0.00%) | - | 10 Oct, 2025 |
| 09 Oct, 2025 | 127 | ₹0 | - | ₹127 (0.00%) | - | 09 Oct, 2025 |
| 08 Oct, 2025 | 127 | ₹0 | - | ₹127 (0.00%) | - | 08 Oct, 2025 |
| 07 Oct, 2025 | 127 | ₹0 | - | ₹127 (0.00%) | - | 07 Oct, 2025 |
| 06 Oct, 2025 | 127 | ₹0 | - | ₹127 (0.00%) | - | 06 Oct, 2025 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for SK Minerals IPO
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Go to IPO Section
Find SK Minerals IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
Enter UPI ID and Submit
Provide your UPI ID linked to your bank account and submit the application.
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Open your UPI app (Google Pay, PhonePe, Paytm, BHIM) and approve the IPO payment request.
Application Confirmed
Your funds will be blocked in your account until the IPO allotment process is completed.