
Chemicals · BSE
SK Minerals and Additives Limited, incorporated in February 2022, is engaged in the manufacturing, processing, and supply of industrial minerals and specialty chemicals. The company processes materials like bentonite, barite, talc, dolomite, kaolin, and other minerals, serving industries such as ceramics, paints, plastics, rubber, agriculture, construction, and oil drilling. With a flexible model that combines domestic trading, imports, and in-house production, it delivers a wide range of mineral-based solutions. Certified with ISO 9001:2015 and ISO 22000:2018 for quality management, the company operates two manufacturing units in Ludhiana, Punjab, and employed 91 permanent staff as of April 20, 2025
Price Band
₹120 – ₹127
Issue Size
₹41.15 Cr
Lot Size
1000 shares
GMP
+2.4%
Est. Listing
₹130
at current GMP
Subscribed
3.60x
overall
Open
10 Oct 2025
Close
14 Oct 2025
Allotment
15 Oct 2025
Refund
16 Oct 2025
Demat Credit
17 Oct 2025
Listing
17 Oct 2025
Designated Registrar: Maashitla Securities Private Limited
Allotment Date
15 Oct 2025
Basis finalization
Refunds Initiate
16 Oct 2025
Mandate release
Demat Credit
17 Oct 2025
Shares in demat
Listing Debut
17 Oct 2025
Trading begins
SK Minerals & Additives Limited is bringing an initial public offering (IPO) in the Chemicals sector with an aggregate issue size of ₹41.15 Crores. The shares are offered at a price band of ₹120 to ₹127 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1000 shares (approx. ₹1,27,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Maashitla Securities Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-10-17, while un-allotted funds or UPI block mandates will be released on 2025-10-16.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.