SK Minerals & Additives Ltd. (BSE SME)

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SK Minerals & Additives

October 10, 2025 – October 14, 2025

Price ₹120 - ₹127
GMP Rumors * ₹0
Lot size 1000
Issue size ₹41.15 cr
Allotment Oct 15, 2025
Listing Oct 17, 2025


SK Minerals & Additives Subscription

Last updated on 14-Oct-2025 17:07:03

CategoryOfferedAppliedTimes
QIBs6150006220001.01
HNIs46200033080007.16
bHNI30800027220008.84
sHNI1540005860003.81
Individual107800036640003.4
Total215500075940003.52
Application-Wise Breakup img
CategoryReservedAppliedTimes
HNIs (10L+)1032542.47
HNIs (3-10L)511673.27
Individual53918323.4
QIB Interest Cost Per Share (7 Days)
@7%
₹0.2
@8%
₹0.2
@9%
₹0.2
@10%
₹0.2
@11%
₹0.3
@12%
₹0.3

SK Minerals & Additives Lot(s) Distribution

Category Lot(s) Qty Amount Reserved
bHNI 8 8000 1016000 103

SK Minerals & Additives Reservation

Category Shares Offered %
Anchor 923000 28.49%
QIB 615000 18.98%
HNI 462000 14.26%
INDIVIDUAL 1078000 33.27%
Market Maker 162000 5%
Total 3240000 100%

SK Minerals & Additives About

IPO Details

Total Issue Size32,40,000 shares (aggregating up to 41.15 Cr)
Fresh Issue Size32,40,000 shares (aggregating up to 41.15 Cr)
Issue TypeBookbuilding IPO
Listing AtBSE SME
Share Holding Pre Issue90,00,000 shares
Share Holding Post Issue1,22,40,000 shares
Reserved for Market Maker1,62,000 shares (aggregating up to 2.06 Cr)
Market MakerRikhav Securities Ltd.
Key Performance Indicators
KPIAug-25Mar-25Mar-24
ROCE17.52%46.23%24.33%
RONW6.92%22.88%10.18%
EPS
(basic)
5.5812.158.57
P/E
PRE IPO
10.45
P/E 
POST IPO
12.89
Financial Details In crores
Period Ended31-Aug-2531-Mar-2531-Mar-2431-Mar-23
Assets114.3975.1854.0537.54
Total Income85.38212.15108.94132.59
Profit After Tax5.0210.943.11.89
EBITDA8.7919.16.83.91
NET Worth28.6923.6612.726.23
Reserves and Surplus19.6914.667.724.63
Total Borrowing75.1239.1332.3623.11
Peer Comparision
there are no listed peers comparable to the Company.
Company Overview

Incorporation: February 2022

Business Activity: Manufacturing, processing, and supply of industrial minerals and speciality chemicals

Product Range: Bentonite, Barite, Talc, Dolomite, Kaolin, and other industrial minerals

Business Model: Flexible model integrating domestic trading, imports, and in-house production

Certifications: ISO 9001:2015 (Quality Management) and ISO 22000:2018 (Food Safety Management)

Industries Served: Ceramics, Paints, Plastics, Rubber, Agriculture, Construction, and Oil Drilling

Manufacturing Units: Two units located in Ludhiana, Punjab

Strength

Strong Government Client Base: Over 35% of revenue comes from government customers, ensuring reliability and consistent business.

Diversified Portfolio: Serves multiple industries like ceramics, paints, plastics, agriculture, and construction, reducing dependence on any single sector.

Wide Geographical Presence: Operations spread across various regions in India, enhancing reach and business stability.

Weakness

Clear Avois As Per Some Social Media Influncers
Outstanding Litigations:
 Pending legal cases may impact the company’s reputation and financial performance.

Regulatory Non-Compliance: Manufacturing started without prior Consent to Establish, exposing the firm to penalties.

Lack of CTO for Some Products: Certain products were made without Consent to Operate, creating compliance and operational risks.

SK Minerals & Additives Lead Manager(s)

SK Minerals & Additives Address

SK Minerals & Additives Ltd.
Satkartar Building, Near Khalsa Petrol Pump
G.T Road
Khanna
Ludhiana, Punjab, 141401
Phone: +91 9041114180
Email: companysecretary@skminerals.net
Website https://skminerals.net/

SK Minerals & Additives Registrar

Maashitla Securities Private Limited
Address: Maashitla Securities Private Limited 451, Krishna Apra Business Square Netaji Subhash Place Pitampura, Delhi, 110034

SK Minerals & Additives Reviewers

Reviewer Recommendation File