Here is a summary of the available details on the SK Minerals & Additives Ltd. IPO (SK Minerals IPO):
Contents
IPO TimelinePrice BandIssue Structure🏭 Company Overview🔬 Product Portfolio🌱 Vision & Mission🏭 Manufacturing & CertificationsFinancials (FY 2024)StrengthsWeaknesses / RisksSK Minerals & Additives Ltd. IPO – FAQs1. What is the IPO of SK Minerals & Additives Ltd.?2. What is the IPO opening and closing date?3. What is the price band of the IPO?4. How many shares are being offered in the IPO?5. What is the minimum investment amount?6. Where will the IPO be listed?7. Who are the lead managers and registrars?
As of October 6, 2025, the SK Minerals & Additives Ltd. IPO is scheduled to open on October 10, 2025, and close on October 14, 2025. The company plans to raise approximately ₹41.15 crore through a fresh issue of 32,40,000 equity shares, with a price band of ₹120 to ₹127 per share. The issue will be listed on the BSE SME platform.
IPO Timeline
| Event | Date |
|---|---|
| Opening Date | October 10, 2025 |
| Closing Date | October 14, 2025 |
| Basis of Allotment | October 17, 2025 |
| Initiation of Refunds | October 18, 2025 |
| Credit to Demat Accounts | October 19, 2025 |
| Listing Date | October 20, 2025 |
Price Band
- Price Band: ₹120 to ₹127 per share
- Face Value: ₹10 per share
- Lot Size: 1,000 shares
- Minimum Investment: ₹1,20,000 (₹120 × 1,000 shares)
Issue Structure
- Type of Issue: Fresh Issue (No Offer for Sale)
- Total Issue Size: 32,40,000 equity shares (~₹41.15 crore)
- Market Maker Reservation: 1,62,000 shares (~₹2.06 crore)
- Net Issue to the Public: 30,78,000 shares (~₹39.09 crore)
- Listing Exchange: BSE SME
- Investor Categories:
- Retail: 35.02%
- Qualified Institutional Buyers (QIBs): 49.97%
- Non-Institutional Investors (NIIs): 15.01%
🏭 Company Overview
- Incorporation: Founded in 2010; incorporated as a private limited company on February 10, 2022, under CIN U24100PB2022PTC055213.
- Headquarters: Satkartar Building, Near Khalsa Petrol Pump, G.T. Road, Khanna, Punjab – 141401, India.
- Authorized Share Capital: ₹15 crore.
- Paid-up Share Capital: ₹9 crore.
- Directors: Rohit Jindal, Shubham Jindal, and Mohit Jindal.
🔬 Product Portfolio
SK Minerals & Additives Ltd. offers a wide array of products catering to different industries:
- Food Additives: Including BakeFresh (Calcium Propionate), VegNutro-Phos, and VegNutro-Sol. SK Minerals
- Feed Additives: Formulations designed to enhance animal nutrition.
- Flame Retardant Additives: Halogen-free solutions for improved fire safety.
- Industrial & Specialty Chemicals: Products such as Melamine, Phenol, Virgin Base Oil, Magnesium Oxide, Technical Grade Urea, and Zinc EDTA.
🌱 Vision & Mission
- Vision: To be a globally recognized leader in the chemicals and minerals industry, delivering superior quality products and services to customers while ensuring sustainable growth.
- Mission: To achieve operational excellence through continuous innovation, ethical business practices, and a commitment to customer satisfaction.
🏭 Manufacturing & Certifications
- Manufacturing Facility: The company operates a state-of-the-art production plant in Khanna, Punjab, equipped with advanced technology to ensure high-quality output.
- Certifications: SK Minerals & Additives Ltd. holds several industry-recognized certifications, including ISO 9001:2015, ISO 22000:2018, GMP, BIS, and ZED, underscoring its commitment to quality and compliance.
Financials (FY 2024)
- Revenue: ₹108.94 crore
- Profit After Tax (PAT): ₹3.10 crore
- Earnings Per Share (EPS): ₹8.57
- Return on Net Worth (RoNW): 24.33%
- Net Asset Value (NAV): ₹35.23
- Price-to-Earnings (P/E) Ratio: Not applicable due to the absence of comparable listed peers.
Strengths
- Diverse product portfolio (food, feed, industrial additives)
- Certified, state-of-the-art manufacturing plant
- Experienced management team
- Growing domestic & export demand
- Consistent financial performance
Weaknesses / Risks
- Limited scale vs large competitors
- Dependence on raw material prices
- Geographical concentration (Punjab)
- Limited brand recognition
- SME market liquidity & valuation constraints
SK Minerals & Additives Ltd. IPO – FAQs
1. What is the IPO of SK Minerals & Additives Ltd.?
It is a fresh issue of equity shares by SK Minerals & Additives Ltd., listed on BSE SME, aiming to raise approximately ₹41.15 crore for expansion, working capital, and corporate purposes.
2. What is the IPO opening and closing date?
- Opening Date: October 10, 2025
- Closing Date: October 14, 2025
3. What is the price band of the IPO?
- Price Band: ₹120 to ₹127 per share
- Face Value: ₹10 per share
- Lot Size: 1,000 shares
4. How many shares are being offered in the IPO?
The company is offering 32,40,000 equity shares in total.
5. What is the minimum investment amount?
- Minimum Investment: ₹1,20,000 (1 lot of 1,000 shares at ₹120 per share)
6. Where will the IPO be listed?
The IPO will be listed on the BSE SME platform.
7. Who are the lead managers and registrars?
- Lead Manager / BRLM: Khambatta Securities
- Registrar: Maashitla Securities Pvt. Ltd.
