SK Minerals IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Oct 10 to Oct 14 2025
Price Band
₹120 - 127
Current GMP
₹145.0 (+14.17%)
Subscription
3.52 times
IPO Details
| IPO Date | October 10, 2025 to October 14, 2025 |
| Listing Date | October 17, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹120 to ₹127 per share |
| Issue Price Final | ₹127 per share |
| Lot Size | 1,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 32,40,000 shares (aggregating up to ₹41.15 Cr) |
| Reserved for Market Maker | 1,62,000 shares (aggregating up to ₹2.06 Cr)Rikhav Securities Ltd. |
| Net Offered to Public | 30,78,000 shares (aggregating up to ₹39.09 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 90,00,000 shares |
| Share Holding Post Issue | 1,22,40,000 shares |
IPO Date
October 10, 2025 to October 14, 2025
Listing Date
October 17, 2025
Face Value
₹10 per share
Issue Price Band
₹120 to ₹127 per share
Issue Price Final
₹127 per share
Lot Size
1,000 Shares
Sale Type
Fresh Capital
Total Issue Size
32,40,000 shares (aggregating up to ₹41.15 Cr)
Reserved for Market Maker
1,62,000 shares (aggregating up to ₹2.06 Cr)Rikhav Securities Ltd.
Net Offered to Public
30,78,000 shares (aggregating up to ₹39.09 Cr)
Issue Type
Bookbuilding IPO
Listing At
BSE SME
Share Holding Pre Issue
90,00,000 shares
Share Holding Post Issue
1,22,40,000 shares
IPO Subscription Details
| Anchor Investors | 1 |
| Market Maker | 1 |
| QIB (Ex Anchor) | 1.01 |
| Non-Institutional Buyers*** | 7.15 |
| bNII (bids above ₹10L) | 8.84 |
| sNII (bids below ₹10L) | 3.79 |
| Individual Investors (IND category bidding for 2 Lots) | 3.39 |
| Total ** | 3.52 |
Anchor Investors
1
Market Maker
1
QIB (Ex Anchor)
1.01
Non-Institutional Buyers***
7.15
bNII (bids above ₹10L)
8.84
sNII (bids below ₹10L)
3.79
Individual Investors (IND category bidding for 2 Lots)
3.39
Total **
3.52
Day Wise Sub
| Day | QIB (Ex Anchor) | NII* | NII (> ₹10L) | NII (< ₹10L) | Individual Investors | Total |
|---|---|---|---|---|---|---|
| Day 1 Oct 10, 2025 | 0.00 | 0.03 | 0.00 | 0.09 | 0.27 | 0.14 |
| Day 2 Oct 13, 2025 | 0.00 | 1.16 | 1.54 | 0.39 | 0.61 | 0.55 |
| Day 3 Oct 14, 2025 | 1.01 | 7.15 | 8.84 | 3.79 | 3.39 | 3.52 |
DayDay 1
Oct 10, 2025
QIB (Ex Anchor)0.00
NII*0.03
NII (> ₹10L)0.00
NII (< ₹10L)0.09
Individual Investors0.27
Total0.14
DayDay 2
Oct 13, 2025
QIB (Ex Anchor)0.00
NII*1.16
NII (> ₹10L)1.54
NII (< ₹10L)0.39
Individual Investors0.61
Total0.55
DayDay 3
Oct 14, 2025
QIB (Ex Anchor)1.01
NII*7.15
NII (> ₹10L)8.84
NII (< ₹10L)3.79
Individual Investors3.39
Total3.52
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 17-10-2025 | 127.00 | 4.5(3.54%) | 131.5 |
| 16-10-2025 | 127.00 | 4.5(3.54%) | 131.5 |
| 15-10-2025 | 127.00 | 0(0.00%) | 127 |
| 14-10-2025 | 127.00 | 0(0.00%) | 127 |
| 13-10-2025 | 127.00 | 0(0.00%) | 127 |
| 12-10-2025 | 127.00 | 0(0.00%) | 127 |
| 11-10-2025 | 127.00 | 0(0.00%) | 127 |
| 10-10-2025 | 127.00 | 0(0.00%) | 127 |
| 09-10-2025 | 127.00 | 0(0.00%) | 127 |
| 08-10-2025 | 127.00 | 0(0.00%) | 127 |
| 07-10-2025 | 127.00 | 0(0.00%) | 127 |
| 06-10-2025 | 127.00 | 0(0.00%) | 127 |
Date17-10-2025
Price127.00
GMP4.5(3.54%)
Estimate List Price131.5
Date16-10-2025
Price127.00
GMP4.5(3.54%)
Estimate List Price131.5
Date15-10-2025
Price127.00
GMP0(0.00%)
Estimate List Price127
Date14-10-2025
Price127.00
GMP0(0.00%)
Estimate List Price127
Date13-10-2025
Price127.00
GMP0(0.00%)
Estimate List Price127
Date12-10-2025
Price127.00
GMP0(0.00%)
Estimate List Price127
Date11-10-2025
Price127.00
GMP0(0.00%)
Estimate List Price127
Date10-10-2025
Price127.00
GMP0(0.00%)
Estimate List Price127
Date09-10-2025
Price127.00
GMP0(0.00%)
Estimate List Price127
Date08-10-2025
Price127.00
GMP0(0.00%)
Estimate List Price127
Date07-10-2025
Price127.00
GMP0(0.00%)
Estimate List Price127
Date06-10-2025
Price127.00
GMP0(0.00%)
Estimate List Price127
IPO Important Dates
| IPO Open Date | Fri, Oct 10, 2025 |
| IPO Close Date | Tue, Oct 14, 2025 |
| Tentative Allotment | Wed, Oct 15, 2025 |
| Initiation of Refunds | Thu, Oct 16, 2025 |
| Credit of Shares to Demat | Thu, Oct 16, 2025 |
| Tentative Listing Date | Fri, Oct 17, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Tue, Oct 14, 2025 |
IPO Open Date
Fri, Oct 10, 2025
IPO Close Date
Tue, Oct 14, 2025
Tentative Allotment
Wed, Oct 15, 2025
Initiation of Refunds
Thu, Oct 16, 2025
Credit of Shares to Demat
Thu, Oct 16, 2025
Tentative Listing Date
Fri, Oct 17, 2025
Cut-off time for UPI mandate confirmation
5 PM on Tue, Oct 14, 2025
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2,000 | ₹2,54,000 |
| Individual investors (Retail) (Max) | 2 | 2,000 | ₹2,54,000 |
| S-HNI (Min) | 3 | 3,000 | ₹3,81,000 |
| S-HNI (Max) | 7 | 7,000 | ₹8,89,000 |
| B-HNI (Min) | 8 | 8,000 | ₹10,16,000 |
ApplicationIndividual investors (Retail) (Min)
Lots2
Shares2,000
Amount₹2,54,000
ApplicationIndividual investors (Retail) (Max)
Lots2
Shares2,000
Amount₹2,54,000
ApplicationS-HNI (Min)
Lots3
Shares3,000
Amount₹3,81,000
ApplicationS-HNI (Max)
Lots7
Shares7,000
Amount₹8,89,000
ApplicationB-HNI (Min)
Lots8
Shares8,000
Amount₹10,16,000
Financial Information
| Period Ended | 31 Aug 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Period Ended | 31 Aug 2025 | 31 Mar 2025 | 31 Mar 2024 |
| Assets | 114.39 | 75.18 | 54.05 |
| Total Income | 85.38 | 212.15 | 108.94 |
| Profit After Tax | 5.02 | 10.94 | 3.10 |
| EBITDA | 8.79 | 19.10 | 6.80 |
| NET Worth | 28.69 | 23.66 | 12.72 |
| Reserves and Surplus | 19.69 | 14.66 | 7.72 |
| Total Borrowing | 75.12 | 39.13 | 32.36 |
Period EndedPeriod Ended
31 Aug 202531 Aug 2025
31 Mar 202531 Mar 2025
31 Mar 202431 Mar 2024
Period EndedAssets
31 Aug 2025114.39
31 Mar 202575.18
31 Mar 202454.05
Period EndedTotal Income
31 Aug 202585.38
31 Mar 2025212.15
31 Mar 2024108.94
Period EndedProfit After Tax
31 Aug 20255.02
31 Mar 202510.94
31 Mar 20243.10
Period EndedEBITDA
31 Aug 20258.79
31 Mar 202519.10
31 Mar 20246.80
Period EndedNET Worth
31 Aug 202528.69
31 Mar 202523.66
31 Mar 202412.72
Period EndedReserves and Surplus
31 Aug 202519.69
31 Mar 202514.66
31 Mar 20247.72
Period EndedTotal Borrowing
31 Aug 202575.12
31 Mar 202539.13
31 Mar 202432.36
IPO Reservation
| Market Maker Shares Offered | 1,62,000 (5.00%) |
| QIB Shares Offered | 15,38,000 (47.47%) |
| − Anchor Investor Shares Offered | 9,23,000 (28.49%) |
| − QIB (Ex. Anchor) Shares Offered | 6,15,000 (18.98%) |
| NII (HNI) Shares Offered | 4,62,000 (14.26%) |
| − bNII > ₹10L | 3,08,000 (9.51%) |
| − sNII < ₹10L | 1,54,000 (4.75%) |
| Retail Shares Offered | 10,78,000 (33.27%) |
| Total Shares Offered | 32,40,000 (100.00%) |
Market Maker Shares Offered
1,62,000 (5.00%)
QIB Shares Offered
15,38,000 (47.47%)
− Anchor Investor Shares Offered
9,23,000 (28.49%)
− QIB (Ex. Anchor) Shares Offered
6,15,000 (18.98%)
NII (HNI) Shares Offered
4,62,000 (14.26%)
− bNII > ₹10L
3,08,000 (9.51%)
− sNII < ₹10L
1,54,000 (4.75%)
Retail Shares Offered
10,78,000 (33.27%)
Total Shares Offered
32,40,000 (100.00%)
Information about company
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 & development unit.
Objectives of IPO
The Company SK Minerals IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
S.No.
Objects of the Issue
Expected Amount (₹ in crores)
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 Purpose
Disclaimer
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