SK Minerals IPO was subscribed overall 3.52 times on the last day, a retail quota was subscribed over 3.39 times, NII was subscribed over 7.15 times, and QIB was 1.01.
Details About SK Minerals IPO
SK Minerals got SEBI approval for an IPO of around ₹41.15 crores. SK Minerals IPO is a fully fresh issue of ₹41.15 crores with a face value of ₹10 each. Further, SK Minerals had a set price band between ₹120 to ₹127 per share.
In the SK Minerals IPO, 2,000 shares were in 1 lot size for the retail minimum and maximum categories as well. Moreover, 3,000 shares were in 2 lot sizes for the S-HNI category.
To invest in the SK Minerals IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum and maximum investment of ₹2,54,000.
- SHNI (S-HNI): Minimum investment of ₹3,81,000.
SK Minerals IPO’s Subscription Duration
SK Minerals IPO started on October 10, 2025, and closed on October 14, 2025. The SK Minerals IPO’s allotment date was October 15, 2025, and they received a refund on October 16, 2025. Meanwhile, SK Minerals’ IPO listing date is October 17, 2025.
SK Minerals IPO funds deployment
- The proceeds raised from the fresh issue will be utilized towards the working capital requirements.
- A portion of the proceeds will be used towards the expansion plan of the Company, i.e., Capital expenditure towards the purchase of Plant and Machinery.
- The remaining funds will be used for general corporate purposes.
About SK Minerals Company
Incorporated in February 2022, SK Minerals and Additives Limited is one of the leading companies engaged in the trading and manufacturing of a wide range of chemicals & Minerals. The company works on processing materials like bentonite, barite, talc, dolomite, kaolin, and other industrial minerals.
SK minerals also offer many mineral-based products that are utilized in many industries such as ceramics, paints, plastics, rubber, farming, construction, and oil drilling. Over the years, the company has developed a reputation for being a trusted partner catering to various industries. Its product portfolio comprises a wide range of ingredients and additives that will help to improve the shelf life of products, their functionality, and nutrition. The company had 91 permanent employees as of April 20, 2025. With ISO 9001:2015 and ISO 22000:2018 certifications, they hold high-quality and safety standards.
Financial Report of the SK Minerals Company
The company reported revenue of ₹212.15 crores in 2025 against ₹108.94 crores in 2024. The company reported a profit of ₹10.94 crores in 2025 against a profit of ₹3.10 crores in 2024.
