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SK Minerals IPO
Price Band
₹120.0–127.0
Issue Size
₹41.15 Cr
Lot Size
1,000 shares
Min Investment
₹254,000
2 LOTS MIN
GMP
+₹4.5 (3.54%)
Issue Price
₹127.0
Subject to Sauda
₹3400
Paid only if allotted
SK Minerals IPO AI Summary
- SK Minerals IPO is listed on BSE SME in the Specialty Chemicals sector.
- Price band: ₹120.0–₹127.0 per share, lot size 1,000 shares (min. investment ₹254,000, 2 lots minimum).
- Subscription window: 10 Oct–14 Oct 2025, listing on 17 Oct 2025.
- Current GMP is +₹4.5 (3.54%), an estimated listing price of ₹132 — unofficial and can change daily.
SK Minerals and Additives Limited is a newly incorporated company in the specialty chemicals sector, focusing on industrial minerals. The company has shown fluctuating income and profit figures, with significant plans for utilizing IPO proceeds for working capital and expansion. Investors should consider their risk appetite and the potential for volatility when evaluating this IPO.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
SK Minerals IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 14 Oct 2025 — not a current signal.
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
SK Minerals IPO Grey Market Premium (GMP) Today
GMP
+₹4.5
GMP %
+3.54%
Est. Listing
₹131.5
Updated: 25 Jul 2026 14:15
About the 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.
Company Financials (₹ Cr)
As of 2025-08-31
| Period Ended | 31 Aug 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 114.39 | 75.18 | 54.05 | 37.54 |
| Total Income | 85.38 | 212.15 | 108.94 | 132.59 |
| Profit After Tax | 5.02 | 10.94 | 3.10 | 1.89 |
| EBITDA | 8.79 | 19.10 | 6.80 | 3.91 |
| NET Worth | 28.69 | 23.66 | 12.72 | 6.23 |
| Reserves and Surplus | 19.69 | 14.66 | 7.72 | 4.63 |
| Total Borrowing | 75.12 | 39.13 | 32.36 | 23.11 |
Key Ratios
EPS
₹12.15
NAV
₹26.29
ROE
46.23%
ROCE
22.88%
RoNW
46.23%
P/B Value
4.83
P/E Ratio
10.45
Market Cap
₹155.45 Cr
PAT Margin
5.17%
Debt/Equity
1.89
Promoters
Sunita Rani, Mohit Jindal, Rohit Jindal and Shubham Jindal
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 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 Purposes 2.70 4 Issue Expenses 2.40 Total 41.15
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income was ₹132.59 Cr in the year ended 31 Mar 2023, decreasing to ₹108.94 Cr by 31 Mar 2024, then rising to ₹212.15 Cr by 31 Mar 2025. However, as of 31 Aug 2025, total income dropped to ₹85.38 Cr, though this is a 9-month figure, not a full year, so isn't directly comparable.
Profit Trend
Profit after tax was ₹1.89 Cr in the year ended 31 Mar 2023, increasing to ₹3.10 Cr by 31 Mar 2024, then rising further to ₹10.94 Cr by 31 Mar 2025. As of 31 Aug 2025, profit after tax was ₹5.02 Cr, though this is a 9-month figure, not a full year, so isn't directly comparable.
Grey Market Premium, Explained
The grey market refers to the unofficial market where shares of an IPO are traded before they are officially listed on the stock exchange. The Grey Market Premium (GMP) indicates the expected premium at which the shares may list compared to the issue price. A positive GMP suggests that the market anticipates a higher listing price, while a negative GMP indicates the opposite.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against the company's growth potential, market conditions, and their own financial goals.
Who May Want to Wait
Investors who prefer stable, established companies with predictable earnings may want to avoid investing in IPOs like this, which can be subject to market fluctuations and uncertainties.
IPO Timeline, Explained
The IPO is scheduled to open on 10 October 2025 and close on 14 October 2025, with allotment expected on 15 October 2025 and listing on 17 October 2025.
Listing Gains — The Risk
Listing gains refer to the potential profit an investor can make when shares of an IPO are listed on the stock exchange. However, these gains are not guaranteed and can be influenced by market sentiment, demand for the stock, and broader economic conditions. Investors should be aware of the risks involved in relying on listing-day gains.
This evaluation is generated from SK Minerals's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is SK Minerals IPO GMP today?
SK Minerals IPO GMP today is +₹4.5 (3.54%), indicating an estimated listing price of ₹132. GMP is an unofficial grey-market indicator and can change daily.
What is the price band of SK Minerals IPO?
The price band of SK Minerals IPO is ₹120.0–₹127.0 per share.
When does SK Minerals IPO open and close?
SK Minerals IPO opens on 10 October 2025 and closes on 14 October 2025.
When does SK Minerals IPO list on the stock exchange?
SK Minerals IPO listed on 17 October 2025 at ₹131.5.
What is the lot size for SK Minerals IPO?
The lot size for SK Minerals IPO is 1000 shares, requiring a minimum investment of ₹254,000 (2 lots).
What is the price band for the SK Minerals IPO?
The price band for the SK Minerals IPO is ₹120.0 to ₹127.0.
What is the minimum investment required?
The minimum investment required is ₹254,000.
What is the lot size for the SK Minerals IPO?
The lot size for the SK Minerals IPO is 1000 shares.
When is the listing date for the SK Minerals IPO?
The listing date for the SK Minerals IPO is 17 October 2025.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected premium at which the shares may list compared to the issue price.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
10 Oct 2025
Close
14 Oct 2025
Allotment
15 Oct 2025
Listing
17 Oct 2025
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