SK Minerals & Additives Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 1,538,000 (47%) | — | ₹1,953 Cr |
| NII (HNI) | — | 462,000 (14%) | — | ₹587 Cr |
| Retail | — | 1,078,000 (33%) | — | ₹1,369 Cr |
| Market Maker | — | 162,000 (5%) | — | ₹21 Cr |
| Σ Total | — | 3,240,000 (100%) | — | ₹41,148 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹127,000 |
| Retail (Max) | 13 | 13,000 | ₹1,651,000 |
| S-HNI (Min) | 14 | 14,000 | ₹1,778,000 |
| B-HNI (Min) | 67 | 67,000 | ₹8,509,000 |
Financial Statements Amount in ₹ Crore
| Metric | 31 Aug 2025 | 31 Mar 202431 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 85 | 212 | 109 |
| EBITDA | 9 | 19 | 7 |
| Profit After Tax | 5 | 11 | 3 |
| Net Worth | 29 | 24 | 13 |
| Total Assets | 114 | 75 | 54 |
| Reserves & Surplus | 20 | 15 | 8 |
| Total Borrowing | 75 | 39 | 32 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Working Capital Requirement – 31
- To fund the expansion plan of the Company i.e. Capital expenditure towards purchase of Plant and Machinery – 5.05
- General Corporate Purpose –
Company Overview
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 two manufacturing units are situated in Ludhiana, Punjab.
As of April 20, 2025, the company had 91 permanent employees.
Competitive Strength:
- More than 35% 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.