SK Minerals IPO is a book-built issue, aiming to raise ₹41.15 crore. It comprises a fresh issue of 32.40 lakh equity shares aggregating to ₹41.15 crore. The bidding window was open from October 10, 2025, to October 14, 2025, with the IPO allotment to be finalised on October 15, 2025. SK Minerals & Additives Ltd. is scheduled to list on BSE SME on October 17, 2025.
The IPO was priced at ₹120-₹127 per share with a lot size of 1,000 shares. The public issue received bids for 75.85 lakh shares against 21.55 lakh shares available, resulting in an overall subscription of 3.52 times. Non-Institutional Investors led the response, subscribing 7.15 times their quota, followed by retail investors at 3.39 times.
SK Minerals’s ₹41.15 crore IPO, priced at ₹120-₹127 per share, was subscribed 3.52 times overall. The IPO is entirely a fresh issue of 32.40 lakh equity shares aggregating to ₹41.15 crore. Bidding took place from October 10 to October 14, 2025, with the SK Minerals & Additives Ltd. IPO allotment status on October 15, 2025. Retail investors subscribed 3.39 times and NIIs 7.15 times. Listing is expected on October 17, 2025.
The table below breaks down the SK Minerals share allocation for different categories, highlighting the number of shares and their percentage of the total issue. However, the key focus remains on the quotas allocated to retail investors and HNIs, as they are the most relevant for individual investors.
| Investor Category | Shares Offered |
| Market Maker Shares Offered | 1,62,000 (5.00%) |
| QIB Shares Offered | 15,38,000 (47.47%) |
| − Anchor Investor Shares Offered | 9,23,000 (28.49%) |
| − QIB (Ex. Anchor) Shares Offered | 6,15,000 (18.98%) |
| NII (HNI) Shares Offered | 4,62,000 (14.26%) |
| − bNII > ₹10L | 3,08,000 (9.51%) |
| − sNII < ₹10L | 1,54,000 (4.75%) |
| Retail Shares Offered | 10,78,000 (33.27%) |
| Total Shares Offered | 32,40,000 (100.00%) |
Data Source: BSE
| Category | Subscription (times) |
| Qualified Institutional Buyers | 1.01 |
| Non-Institutional Investors | 7.15 |
| Retail Individual Investors | 3.39 |
| Total shares | 3.52 |
Note: The subscription details are as of October 14, 2025
SK Minerals & Additives Limited was incorporated in February 2022 and is engaged in the manufacturing, processing, and supply of industrial minerals and speciality chemicals. The company’s expertise lies in the processing of minerals such as bentonite, barite, talc, dolomite, kaolin, and other industrial materials. These minerals form the backbone of several industries, serving as key inputs in production and value-added manufacturing.
The company operates under a flexible business model that integrates in-house manufacturing, domestic trading, and imports to ensure consistent supply and efficient operations. This integrated approach allows SK Minerals to cater to a diverse customer base while maintaining quality standards and competitive pricing. The company holds ISO 9001:2015 and ISO 22000:2018 certifications, reflecting its adherence to quality and safety in its production processes.
SK Minerals caters to a wide range of industries, including ceramics, paints, plastics, rubber, agriculture, construction, and oil drilling. Its product portfolio is designed to meet the evolving needs of industrial customers across multiple sectors. The company’s facility, located in Ludhiana, Punjab, spans an area of 39,222.75 sq. ft. and is equipped with advanced machinery to ensure high-quality processing and efficient output. As of April 20, 2025, SK Minerals employed 91 permanent staff members across its operations.
The promoters of the company are Mrs. Sunita Rani, Mr. Mohit Jindal, Mr. Rohit Jindal, and Mr. Shubham Jindal. The company’s strengths include generating approximately 25% of its revenue from government customers, a geographically diversified presence, and a strong focus on research and development. Its growing manufacturing footprint and commitment to quality have positioned SK Minerals as a trusted name in the speciality minerals and additives segment.
Know more about IPO allotment status and check your application details online for the latest updates on share allocation.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Oct 14, 2025, 8:19 PM IST
Akshay Shivalkar
Akshay Shivalkar is a financial content specialist who strategises and creates SEO-optimised content on the stock market, mutual funds, and other investment products. With experience in fintech and mutual funds, he simplifies complex financial concepts to help investors make informed decisions through his writing.
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