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S.K. Offset SME IPO

S.K. Offset came to market through an SME IPO that opened on 23 September 2026 and closed on 25 September 2026, and the shares listed on 30 September 2026 on BSE SME. The price band was ₹119 to ₹125 per share and one lot was 1000 shares, so the minimum application was ₹1,25,000. The issue size was ₹29.06 crore. The whole issue was fresh shares, so the money raised went to the company.

It listed at ₹126, a gain of 0.8% against the issue price of ₹125. Maashitla Securities Pvt.Ltd was the registrar to the issue, and Comfort Securities Ltd was the lead manager.

Issue details

Issue type
Book Built Issue
Price band
₹119 to ₹125
Lot size
1000 shares
Minimum investment
₹1,25,000
Face value
₹10 per share
Issue size
₹29.06 crore
Fresh issue
23,25,000 shares (aggregating up to ₹29.06 crore)
Listing at
BSE SME
Registrar
Maashitla Securities Pvt.Ltd
Lead managers
Comfort Securities Ltd
Promoter holding before the issue
100%
Promoter holding after the issue
69.97%

Timeline

Opens
23 September 2026
Closes
25 September 2026
Allotment
28 September 2026
Listing
30 September 2026

Subscription status by day

As of 25 September 2026.

Day
1
2
3

Overall the issue was subscribed 1.25 times.

Listing day and after

Issue price
₹125
Listing price
₹126
Listing gain
0.8%
Listed on
30 September 2026

About S.K. Offset

Incorporated in February 2007, S. K. Offset Limited specializes in integrated printing and packaging services. The Company began with offering printing solutions but has since evolved to provide labeling and packaging solutions. The printing solutions provided by the Company include book printing, textbook printing, brochures, catalogues, stationery, pamphlets, magazines, journals and various commercial printing requirements. It also offers designing services, graphics, lithography and publication services. The Company's product range includes the following three categories: Printing, Packaging and Labelling.

The Company offers mono cartons, master cartons, boxes and custom designed packaging products in its packaging range. It offers various labels such as stickers, product labels, barcodes, promotional materials and more in its labeling services. The Company also offers digital design services for packaging art work, layout design, color formatting and print ready files.

As of the date of the Red Herring Prospectus, the Company had approximately 111 employees, including skilled, semi-skilled and unskilled labor in various departments including production, administration, sales & marketing, finance, stock management and others.

As described in the offer document.

Objects of the issue

  • To fund the Capital expenditure towards purchase of Plant and Machinery at Meerut
  • Funding incremental working capital requirements of the Company
  • General corporate purposes

Financials (₹ crore)

Metric31-Mar-2631-Mar-2531-Mar-24

Promoters

Pradeep Agarwal, Priyanshu Agarwal, Ayush Agarwal. Promoter holding 100% before the issue and 69.97% after.

Application sizes

Individual (min)
2 lots, 2000 shares, ₹2,50,000
Individual(max)
2 lots, 2000 shares, ₹2,50,000
sHNI(min)
3 lots, 3000 shares, ₹3,75,000
sHNI(max)
8 lots, 8000 shares, ₹10,00,000
bHNI(min)
9 lots, 9000 shares, ₹11,25,000

Valuation

ROE
37.82%
ROCE
22.91%
RoNW
37.82%
PAT Margin
11.22%
Debt/Equity
1.75
Price/Book
3.42
Market Cap
₹29.06 cr

Registrar and allotment status

Registrar
Maashitla Securities Pvt.Ltd
Allotment status
https://maashitla.com/allotment-status/public-issues
Phone
011-45121795
Email
ipo@maashitla.com

Work out the listing gain for this SME IPO

How allotment works

If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.

The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.

Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.

What happens on listing day

Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.

For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.

Questions about the S.K. Offset SME IPO

What is S.K. Offset IPO?

S.K. Offset IPO was a ₹29.06 crore book-built issue, made up entirely of a fresh issue. It was priced at ₹119–₹125 per share with a lot size of 1,000 shares; the minimum retail application was 2,000 shares (₹2,50,000). The IPO was open from September 23 to September 25, 2026 and was subscribed 1.25x. Shares listed on BSE SME on September 30, 2026 at ₹126, a 0.8% premium to the issue price of ₹125. Maashitla Securities Pvt. Ltd. is the registrar.

Comfort Securities Ltd. is the book running lead manager.

What is the price band of S.K. Offset IPO?

The price band of S.K. Offset IPO is ₹119 to ₹125 per share.

What is the lot size of S.K. Offset IPO?

The lot size of S.K. Offset IPO is 1000 shares.

What is the minimum investment for S.K. Offset IPO?

The minimum investment for S.K. Offset IPO is approximately ₹2,50,000 based on the upper price band.

What is the allotment date of S.K. Offset IPO?

The allotment date of S.K. Offset IPO is Sep 28, 2026.

How to check S.K. Offset IPO allotment status?

You can check S.K. Offset IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the S.K. Offset IPO allotment status on Rupix for quick and easy access.

What was the price band of the S.K. Offset SME IPO?

₹119 to ₹125 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.

What was the lot size of the S.K. Offset SME IPO?

One lot was 1000 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,25,000. After listing, SME shares also trade in lots rather than one share at a time.

What was the minimum investment in the S.K. Offset SME IPO?

₹1,25,000, for one lot of 1000 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.

When did the S.K. Offset SME IPO open and close?

It opened on 23 September 2026 and closed on 25 September 2026.

When was the allotment of the S.K. Offset SME IPO?

The basis of allotment was published on 28 September 2026 by Maashitla Securities Pvt.Ltd, and allotted shares were credited to demat accounts before listing.

When did S.K. Offset list on BSE SME?

The shares listed on 30 September 2026 on BSE SME, opening at ₹126.

How large was the S.K. Offset SME IPO?

The issue size was ₹29.06 crore. The fresh issue was 23,25,000 shares (aggregating up to ₹29.06 crore).

How did the S.K. Offset SME IPO perform on listing?

It listed at ₹126 against an issue price of ₹125, a gain of 0.8 percent on listing day.