SK Minerals & Additives Ltd IPO

SK Minerals & Additives Ltd IPO

As of this Red Herring Prospectus, our company is engaged in the business of trading and manufacturing of specialty chemicals, with a primary focus on food and feed additives. Our product portfolio includes Glycinates and EDTAs in variants such as Zinc, Copper, and Magnesium, along with Mineral Mixtures, Calcium Propionate, Ferric Pyrophosphate, Technical Grade Urea, Virgin Base Oil, Magnesium Oxide, By-Pass Fat etc.

SK Minerals & Additives Ltd IPO Details

Total Shares Offered

₹ 32,40,000

Offer to Public

TBA

Retail Max (Shares)

₹ 10,78,000

Pre Issue Promoters Holding

₹ 89,99,982

Exchange

BSE

Issue size

₹ 41.15 Cr

IPO Open Date

Oct 10, 2025

Close Date

Oct 14, 2025

Lot Size

2000

Min Investment

₹ 2,40,000

Issue Type

Book Building - SME

Listing Date

Oct 17, 2025

SK Minerals & Additives Ltd IPO Dates

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Oct 10, 2025
Opening date
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Oct 14, 2025
Closing date
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Oct 15, 2025
Basis of Allotment
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Oct 16, 2025
Initiation of Refunds
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Oct 16, 2025
Credit of Shares
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Oct 17, 2025
Listing date

Details

SectorType
SectorTrading
Sub SectorNA
Issue TypeBook Building - SME

Subscription Status

*Values are in Lakhs

Investor Type

QIB

NII

Retail

Employee

Total

SK Minerals & Additives Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)
Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations16.125.003.27
EBITDA16.995.893.78
PAT10.943.101.89
Total Assets67.8544.1833.63
Share Capital9.005.001.60
Total Borrowings52.8244.6321.93
Operating Activities (Net Cash)11.813.992.40
Investing Activities (Net Cash)2.090.00-1.04
Financing Activities (Net Cash)52.8244.6321.93
Net Cashflow5.602.380.51

About SK Minerals & Additives Ltd

Our Company was originally incorporated as SK Minerals & Additives Private Limited under the provisions of the Companies Act, 2013, vide Certificate of Incorporation dated February 10, 2022, pursuant to a Certificate of Incorporation bearing CIN U24100PB2022PTC055213 issued by the Registrar of Companies, Chandigarh. Prior to incorporation of our Company, the promoters were engaged in the business of trading and manufacturing of various chemicals & minerals catering to various industries such as Food and Bakery, Animal Feed, Plywood, and Petroleum under the name S.K. Minerals, a proprietorship concern. In the year 2022, our Company has taken over the business of S.K. Minerals, the Proprietorship Firm vide Business Conversion Agreement dated November 24, 2022. Subsequently, our Company was converted into a public limited company from a private limited company pursuant to a special resolution passed by the shareholders of our Company on September 30, 2024 consequent to which the name of our Company changed from `SK Minerals & Additives Private Limited' to `SK Minerals & Additives Limited' and a fresh Certificate of Incorporation bearing CIN: U24100PB2022PLC055213 was issued by the Registrar of Companies, Chandigarh on December 17, 2024.

The global food and feed additives market is valued at USD 102.2 billion in 2025, with food additives contributing USD 55.7 billion (54.5%) and feed additives accounting for USD 46.5 billion (45.5%). Asia-Pacific holds the largest market share 33.2% in food additives and 34.3% in feed additives-driven by rapid urbanization, increasing disposable incomes, and stringent quality regulations in India and China. India's food and feed additives market are expanding rapidly, driven by rising processed food demand, regulatory mandates (FSSAI, MOFPI), and livestock productivity needs. The Indian food additives market is estimated at INR 42,555 crore (USD 4.9 billion) in 2025 and is projected to reach INR 61,396 crore (USD 7.1 billion) by 2030, growing at a CAGR of approximately 7.6%. The market is highly fragmented, with over 3,000 players. Around 15-20 large companies control 28% of the market, while the rest is shared by medium, small, and micro enterprises.

As of this Red Herring Prospectus, our company is engaged in the business of trading and manufacturing of specialty chemicals, with a primary focus on food and feed additives. Our product portfolio includes Glycinates and EDTAs in variants such as Zinc, Copper, and Magnesium, along with Mineral Mixtures, Calcium Propionate, Ferric Pyrophosphate, Technical Grade Urea, Virgin Base Oil, Magnesium Oxide, By-Pass Fat etc.

Peer Comparison:

  • No Listed Industry Peers

SK Minerals & Additives Ltd Key Points

Strengths

Strong Capex growth in past 3 years.

Company efforts in transition from sole trading company to manufacturing company.

Ability to provide products as per customer satisfaction.

Ability to scout for new opportunities and capitalising the same.

Consistent track record of growth and financial performance.

Risk

We have certain outstanding litigations against us, an adverse outcome of which may adversely affect our business, reputation and results of operations.

Our manufacturing operations at our facility in Khanna, Ludhiana, Punjab were commenced without receiving prior Consent to Establish from the State Pollution Control Board, which may expose us to regulatory and compliance-related risks.

We were manufacturing certain products at our manufacturing facility for which we did not have the CTO issued by the State Pollution Control Board.

Strategy

Leverage our R&D capabilities to enhance and development of new products in our Product Portfolio.

Expansion of Manufacturing Facilities.

Expand sustainable manufacturing and develop eco-friendly product lines

Optimize our product mix and enhance manufacturing efficiency.

How To Apply for SK Minerals & Additives Ltd IPO Online?

Step 1:

Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the SK Minerals & Additives Ltd IPO?

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SK Minerals & Additives Ltd's IPO offers shares for up to 41.15 It begins on Oct 10, 2025 and ends on Oct 14, 2025.

What is the price of the SK Minerals & Additives Ltd IPO?

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The price of SK Minerals & Additives Ltd IPO ranges between ₹120 to ₹127 per share.

What are the open and close dates for the SK Minerals & Additives Ltd IPO?

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The SK Minerals & Additives Ltd IPO opens on Oct 10, 2025 and closes on Oct 14, 2025.

When will the SK Minerals & Additives Ltd IPO be allotted?

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The allotment for the SK Minerals & Additives Ltd IPO will be finalised on Oct 15, 2025. The shares will be listed on BSE and NSE on Oct 17, 2025.

What is the minimum lot size required for SK Minerals & Additives Ltd IPO?

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The minimum lot size for SK Minerals & Additives Ltd IPO is 2000 shares, priced between ₹120 to ₹127 per share.

What is the GMP of SK Minerals & Additives Ltd IPO?

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The GMP (Grey Market Premium) of SK Minerals & Additives Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of SK Minerals & Additives Ltd IPO?

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To check the allotment status of SK Minerals & Additives Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the SK Minerals & Additives Ltd IPO getting listed?

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The SK Minerals & Additives Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Oct 10, 2025, and closes on Oct 14, 2025. The allotment is finalised on Oct 15, 2025.

How do you apply for the SK Minerals & Additives Ltd IPO?

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To apply for the SK Minerals & Additives Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.

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