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SK Minerals & Additives IPO
3.57xsubscribed

SK Minerals & Additives IPO

Chemicals
listed
₹2.40LMin. investment

SK Minerals & Additives Limited IPO Details

SectorChemicals
Price range₹120 – ₹127
IPO type
SME
Lot size1000 shares
Issue size₹41Cr
Red Herring Prospectus
Read
Market cap
₹155.45CrLower than sector avg
RevenueApr 2024 - Mar 2025
₹211.67CrLower than sector avg
Growth rate3Y CAGR
26.52%

SK Minerals & Additives IPO Subscription Status

Date
QIB
NII
Retail
Total
10-Oct-25
0.0 times (X)
0.03 times (X)
0.27 times (X)
0.14 times (X)
13-Oct-25
0.44X
0.91X
0.61X
0.63X
14-Oct-25
0.76X
6.48X
3.35X
3.57X

As on 10-Oct-25, 5:30 PM

SK Minerals & Additives IPO Timeline

  1. Pre-apply
    9 Oct 2025
  2. Bid start
    10 Oct 2025
  3. Bid end
    14 Oct 2025
  4. Allotment
    15 Oct 2025
  5. Release of funds
    16 Oct 2025
  6. Demat transfer
    16 Oct 2025
  7. Listing
    17 Oct 2025

About SK Minerals & Additives Limited

Incorporated in 2022, SK Minerals & Additives is engaged in the trading and manufacturing of specialty chemicals with primary focus on food and feed additives. The company’s product portfolio includes wide range of ingredients and additives that play a crucial role in enhancing the nutritional value, functionality, and shelf life of various end products. Key products include chelated minerals such as Glycinates and EDTAs in variants of zinc, copper, and magnesium etc. serving the food and bakery, animal feed, petroleum, plywood, and allied industries. The company operates through one manufacturing unit situated in Ludhiana, Punjab with capacity utilisation of 93.9% as of August 31, 2025. In FY25, 73.13% of purchases were imported while 26.87% were sourced domestically. Its 24.26% of revenue is generated from government customers (including cooperative societies), rest from private customers. In FY25, technical grade urea contributed 41.19% of revenue followed by magnesium oxide at 10.16%.

Checklist

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Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
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Objectives of Sk Minerals And Additives Limited IPO

Working capital
75.30%
The company will utilise ₹31 crore to fund its working capital requirement.
General corporate purposes
12.50%
Part of the IPO proceeds will be used for general corporate purposes
Capital expenditure
12.20%
The company will utilise ₹5.04 crore towards purchase of plant and machinery

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹211.67Cr26.52%₹10.94Cr₹155.45Cr10.451.89
This sector (avg.)₹778.53Cr0%₹63.39Cr₹4,831.31Cr115.610.47
₹13,140.31Cr---₹2,096.17Cr₹1,45,645.1Cr65.540.05
₹7,540.26Cr---₹1,287.93Cr₹1,21,980.6Cr92.360.22
₹14,693.07Cr---₹1,250.78Cr₹83,482.13Cr46.920.37

*Revenue for financial year 2024-25. Lower P/E and D/E ratios are generally preferred.

SK Minerals & Additives IPO Contact Details

Company NameSK Minerals & Additives Limited

How to apply for SK Minerals & Additives IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Sk Minerals And Additives Limited IPO FAQs