SK Minerals IPO Subscribed 0.55x on Day 2

SK Minerals IPO subscription started on Friday, October 10, 2025, and will close on October 14, 2025, as per the schedule. The price band is set at ₹120 to ₹127 per share with a face value of ₹10.

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SK Minerals IPO Subscription Status

SK Minerals IPO subscribed over 0.55x on its Second day till 05.00 PM on 13th August 2025.

  • SK Minerals IPO subscription QIB investors’ portion is 0.00x times, while NII subscribed 1.16x times, and RII investors subscribed 0.61x times.
  • The company has received bids for 11,91,000 shares against 21,55,000 shares on offer on the Second day. 
  • SK Minerals IPO subscribed over 0.55x times on day 2.
  • SK Minerals IPO subscribed over 0.14x times on day 1. 

About SK Minerals IPO

SK Minerals and Additives Limited, founded in February 2022, is one of the growing companies involved in the business of trading and manufacturing of various chemicals & minerals. Chelated minerals like Glycinates and EDTAs (Ethylenediaminetetraacetic Acid) in Zinc, Copper, and Magnesium; essential mineral mixtures; Calcium Propionate; Ferric Pyrophosphate; Technical Grade Urea; Virgin Base Oil; Magnesium Oxide; By-Pass Fat; and other specialty chemicals are the key products of the company, it serves various industries, including Food and Bakery, Animal Feed, Plywood, and Petroleum. 

SK Minerals focuses on processing materials like bentonite, barite, talc, dolomite, kaolin, and other industrial minerals. 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.

SK Minerals IPO Company Financial Report

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.

SK Minerals IPO GMP

SK Minerals IPO GMP was ₹0 as of Monday, 13th August. That indicates the IPO is trading at ₹127 with a ₹0 premium in the grey market against the issue price of ₹127.

Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.