SK Minerals & Additives Limited
IPO Details
Subscription
Lot Distribution
Reservation
Company Fin.
₹3(2.36%)
Premium (ELP)
The public market debut of SK Minerals & Additives Limited's was completed on Oct 17, 2025 with its listing on the BSE exchange. The IPO process raised 32,40,000 Shares in total capital, consisting of 32,40,000 Shares in new equity.
The offering featured a price range of ₹120 to ₹127 and minimum application size of 1000 shares. Investor response during the subscription period from Oct 10, 2025 to Oct 14, 2025 influenced the final allotment ratios across investor categories.
Final allotment was announced on Oct 15, 2025, distributing shares to successful subscribers. The listing established a continuous market for the company's shares, enabling liquidity, valuation transparency, and broader investor participation.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
SK Minerals and Additives Limited, incorporated in February 2022, is engaged in the manufacturing, processing, and supply of industrial minerals and specialty chemicals. The company processes materials like bentonite, barite, talc, dolomite, kaolin, and other minerals, serving industries such as ceramics, paints, plastics, rubber, agriculture, construction, and oil drilling. With a flexible model that combines domestic trading, imports, and in-house production, it delivers a wide range of mineral-based solutions. Certified with ISO 9001:2015 and ISO 22000:2018 for quality management, the company operates two manufacturing units in Ludhiana, Punjab, and employed 91 permanent staff as of April 20, 2025
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Reliable Government Clients: Over 35% of revenue comes from government customers, ensuring consistent business.
- Diverse Industry Portfolio: Serves ceramics, paints, plastics, agriculture, and construction, reducing reliance on one sector.
- Strong Regional Presence: Operations across multiple regions in India enhance reach and business stability.
- Pending Legal Cases: Ongoing litigations may affect reputation and financial performance.
- Regulatory Non-Compliance: Manufacturing without prior Consent to Establish exposes the company to penalties.
- Missing Operational Approvals: Some products were made without Consent to Operate, creating compliance and operational risks.
- Mrs. Sunita Rani
- Mr. Mohit Jindal
- Mr. Rohit Jindal
- Mr. Shubham Jindal
SK Minerals & Additives Limited
Maashitla Securities Private Limited