SK Minerals & Additives came to market through an SME IPO that opened on 10 October 2025 and closed on 14 October 2025, and the shares listed on 17 October 2025 on BSE SME. The price band was ₹120 to ₹127 per share and one lot was 1000 shares, so the minimum application was ₹1,27,000. The issue size was ₹41.15 crore. The whole issue was fresh shares, so the money raised went to the company.
Maashitla Securities Pvt.Ltd was the registrar to the issue, and Khambatta Securities Ltd was the lead manager.
As of 14 October 2025.
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Included in February 2022, SK Minerals and Additives Limited deals in the processing, manufacturing, and supply of speciality chemicals and industrial minerals. SK Minerals and Additives Limited is specialized in processing raw materials like bentonite, barite, talc, dolomite, kaolin, and industrial minerals.The organisation operates a versatile business model that involves domestic trading, imports, and production in-house.
The company is certified with ISO 9001:2015 and ISO 22000:2018 for its Quality Management System.The company offers a diverse array of mineral-based solutions that are extended to several industries like ceramics, paints, plastics, rubber, agriculture, construction, and oil drilling. The two manufacturing facilities of the company are located in Ludhiana, Punjab. The company employed 91 permanent staff on April 20, 2025.
As described in the offer document.
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Mrs. Sunita Rani, Mr. Mohit Jindal, Mr. Rohit Jindal, Mr. Shubham Jindal. Promoter holding 100% before the issue and 73.53% after.
Work out the listing gain for this SME IPO
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.
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.
SK Minerals & Additives IPO was a ₹41.15 crore book-built issue, made up entirely of a fresh issue. It was priced at ₹120–₹127 per share with a lot size of 1,000 shares; the minimum retail application was 2,000 shares (₹2,54,000). The IPO was open from October 10 to October 14, 2025 and was subscribed 3.6x. Shares listed on BSE SME on October 17, 2025 at ₹145, a 14.2% premium to the issue price of ₹127. Maashitla Securities Pvt. Ltd.
is the registrar. Khambatta Securities Ltd. is the book running lead manager.
The price band of SK Minerals & Additives IPO is ₹120 to ₹127 per share.
The lot size of SK Minerals & Additives IPO is 1000 shares.
The minimum investment for SK Minerals & Additives IPO is approximately ₹2,54,000 based on the upper price band.
The allotment date of SK Minerals & Additives IPO is Oct 15, 2025.
You can check SK Minerals & Additives IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the SK Minerals & Additives IPO allotment status on Rupix for quick and easy access.
₹120 to ₹127 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.
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 ₹1,27,000. After listing, SME shares also trade in lots rather than one share at a time.
₹1,27,000, 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.
It opened on 10 October 2025 and closed on 14 October 2025.
The basis of allotment was published on 15 October 2025 by Maashitla Securities Pvt.Ltd, and allotted shares were credited to demat accounts before listing.
The shares listed on 17 October 2025 on BSE SME.
The issue size was ₹41.15 crore. The fresh issue was 32,40,000 shares (aggregating up to ₹41.15 crore).