SK Minerals & Additives IPO
ClosedAlready have an account? Apply now
SK Minerals & Additives IPO details
Schedule of SK Minerals & Additives
| Issue open date | 10 Oct 2025 |
| Issue close date | 14 Oct 2025 |
| UPI mandate deadline | 14 Oct 2025 (5 PM) |
| Allotment finalization | 15 Oct 2025 |
| Refund initiation | 16 Oct 2025 |
| Share credit | 16 Oct 2025 |
| Listing date | 17 Oct 2025 |
| Mandate end date | 29 Oct 2025 |
| Lock-in end date for anchor investors (50%) | 14 Nov 2025 |
| Lock-in end date for anchor investors (remaining) | 13 Jan 2026 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About SK Minerals & Additives
SK Minerals & Additives Ltd, founded in 2022, makes and trades specialty chemicals for food, feed, and industry. It offers mineral additives, calcium propionate, and oils, backed by ISO-certified quality and in-house R&D.
Financials of SK Minerals & Additives
Issue size
| Funds Raised in the IPO | Amount |
| Overall | ₹41.15 crores |
| Fresh Issue | ₹41.15 crores |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Working Capital | 31 (75.3%) |
| Plant & Machinery | 5.55 (13.5%) |
| General Corporate Purposes | 4.60 (11.2%) |
Strengths
- Diversified product portfolio across food, feed, petroleum, and plywood industries.
- DSIR-certified R&D centre focusing on innovation, formulation development, and green chemistry.
- ISO 9001:2015 and ISO 22000:2018 certified manufacturing facility ensuring global quality standards.
- Flexible business model integrating domestic trading, imports, and in-house production.
- Steady financial growth with improving margins and expansion plans targeting export markets.
Risks
- High working capital needs and exposure to raw material price volatility.
- Dependence on a few key suppliers and imported specialty chemicals.
- No long-term contracts with customers; revenue depends on repeat orders.
- Regulatory and environmental compliance requirements could impact operations.
- Relatively short operating history as a public company limits performance track record.
Allotment Status for SK Minerals & Additives
To check your allotment status – click here.
Subscription Figures for SK Minerals & Additives
As per media reports (Link), the Grey Market Premium (GMP) of SK Minerals & Additives is reported at ₹0 over the IPO price. This metric is not reliable, and to track IPO interest, it is better to check subscription numbers published by exchanges, which are considered more reliable indicators.
Subscription numbers as of 5:00 PM on October 14, 2025:
| Category | Reserved (lakhs) | Applied (lakhs) | Subscription (X times) |
|---|---|---|---|
| Institutional | 6.15 | 6.22 | 1.01x |
| NII | 4.62 | 33.05 | 7.15x |
| Retail | 10.78 | 36.58 | 3.39x |
| Total | 21.55 | 75.85 | 3.52x |