SK Minerals & Additives Limited is engaged in the manufacturing, processing, and supply of industrial minerals and specialty chemicals used across multiple sectors. The company focuses on producing high-quality mineral-based products that serve industries such as ceramics, paints, plastics, rubber, agriculture, construction, food, animal feed, and oil drilling.
The company specializes in the processing of key industrial minerals like bentonite, barite, talc, dolomite, kaolin, and other mineral additives, supported by modern infrastructure and consistent quality control practices. It operates under a flexible business model that integrates domestic trading, imports, and in-house manufacturing, enabling responsiveness to customer requirements and market fluctuations.
With a strong emphasis on quality and process excellence, SK Minerals & Additives Limited holds ISO 9001:2015 and ISO 22000:2018 certifications, ensuring adherence to international standards for its Quality Management System. The company’s manufacturing facilities are strategically located in Ludhiana, Punjab, providing logistical advantages for raw-material sourcing and nationwide distribution.
As of April 20, 2025, the company employed 91 permanent staff members, reflecting a skilled and experienced team driving its operations, product development, and customer service initiatives.
SK Minerals IPO – Details
| IPO Opening Date | 10 October 2025 |
| IPO Closing Date | 14 October 2025 |
| Issue Type | Bookbuilding IPO |
| Issue Size | Total Issue: 32,40,000 Shares Worth ₹41.15 Crore Fresh Issue: 32,40,000 Shares Worth ₹41.15 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹120 – ₹127 per share |
| Market Lot | 1000 Shares |
| Min Order | 1000 Shares [ 1 Lot ] |
| Listing At | BSE SME |
| Registrar | Maashitla Securities Pvt.Ltd. |
| QIB Shares Offered | 50% |
| NII Shares Offered | 15% |
| Retail Shares Offered | 35% |
SK Minerals IPO – Date Schedule
| IPO Open Date | 10 October 2025 |
| IPO Close Date | 14 October 2025 |
| Basis of Allotment | 15 October 2025 |
| Initiation of Refund | 16 October 2025 |
| Credit of Shares to Demat | 16 October 2025 |
| IPO Listing Date | 17 October 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on October 14, 2025 |
SK Minerals IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,000 | ₹2,54,000 |
| 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 |
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.
Company Promoters
- Mrs. Sunita Rani
- Mr. Mohit Jindal
- Mr. Rohit Jindal
- Mr. Shubham Jindal
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowings |
|---|---|---|---|---|
| 31 March 2023 | ₹132.59 Cr | ₹129.83 Cr | ₹1.89 Cr | – |
| 31 March 2024 | ₹108.94 Cr | ₹104.83 Cr | ₹3.10 Cr | – |
| 31 March 2025 | ₹212.15 Cr | ₹196.89 Cr | ₹10.94 Cr | – |
| 31 August 2025 | ₹85.38 Cr | ₹78.43 Cr | ₹5.02 Cr | – |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 24.33% |
| ROCE | 12.45% |
| Debt/Equity | 2.73 |
| RoNW | 24.33% |
| PAT Margin | 2.85% |
| Price to Book Value | 3.60 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 3.44 | 7.01 |
| P/E (x) | 36.93 | 18.11 |
Object Of The Issue
| Objects of the Issue | Expected Amount (in Crore) |
|---|---|
| Working Capital Requirement. | ₹31.00 |
| To fund the expansion plan of the Company i.e. Capital expenditure towards purchase of Plant and Machinery. | ₹5.55 |
| General Corporate Purposes. | – |
✅Strengths
- Diversified product range across specialty chemicals and minerals serving food, feed, petroleum, and construction industries.
- Experienced promoters with long industry background and established customer base.
- ISO 9001:2015 & ISO 22000:2018 certified for quality and safety.
- Flexible model combining in-house production, imports, and trading.
- Strategic units in Ludhiana, Punjab, ensuring smooth supply and logistics.
⚠️Risks
- High competition in specialty chemical and mineral markets.
- Raw material price fluctuations may impact margins.
- Dependence on select products and customer segments.
- Related party overlap may create potential conflicts.
- Regulatory and working-capital exposure due to operational intensity.
SK Minerals IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 73.53% |
SK Minerals IPO Prospectus
Company Contact Information
| 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 IPO Registrar
| Maashitla Securities Pvt.Ltd. Phone: +91-11-45121795-96 Email: investor.ipo@maashitla.com Website: https://maashitla.com/allotment-status/public-issues |
SK Minerals IPO Lead Manager(s)
| 1. Khambatta Securities Ltd. |
SK Minerals IPO FAQ
| What is SK Minerals IPO? SK Minerals IPO is an SME IPO. The issue is priced at ₹120 – ₹127 per equity share. The IPO is to be listed on BSE SME. |
| When SK Minerals IPO will open? The IPO is to open on 10 October 2025 for QIB, NII, and Retail Investors. |
| What is SK Minerals IPO Investors Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| What is the SK Minerals IPO Size? SK Minerals IPO size is ₹41.15 Crore. |
| What is SK Minerals IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 2,000 Shares with ₹2,54,000 amount, while the maximum bid is 2,000 Shares with ₹2,54,000. |
| What is the SK Minerals IPO Allotment Date? SK Minerals IPO allotment date is 15 October 2025. |
| What is the SK Minerals IPO Listing Date? SK Minerals IPO listing date is 17 October 2025. The IPO is to be listed on the BSE SME. |
