The SK Minerals IPO is scheduled to open on October 10, 2025, and will close on October 14, 2025. This IPO will be a Book Built Issue, through which the company aims to raise approximately ₹41.15 crores.
The issue comprises a fresh issue of ₹41.15 crores along with an offer for sale (OFS) of up to [•] equity shares, each having a face value of ₹10 per share.
The funds raised from this public issue are expected to be utilized for business expansion, working capital requirements, and other general corporate purposes. By launching its IPO, SK Minerals Limited aims to strengthen its financial position and accelerate growth in the mining and mineral processing sector.
The SK Minerals IPO has set its price band between ₹120 and ₹127 per share. As per the IPO allocation, retail investors will have a 35% quota, while Qualified Institutional Buyers (QIBs) will receive 50%, and High Net Worth Individuals (HNIs) will be allotted 15% of the issue.
The SK Minerals IPO allotment is expected to be finalized on October 15, 2025, and the company’s shares are scheduled to be listed on the BSE on October 17, 2025.
Investors interested in the SK Minerals IPO should note these important dates and stay updated on the company’s official announcements for any changes to the price band, allotment, or listing schedule.
In FY 2025, SK Minerals Limited posted an impressive revenue of ₹212.15 crores, a significant jump from ₹108.94 crores recorded in FY 2024. This strong growth highlights the company’s expanding operations and increasing demand for its mineral-based products across domestic and international markets.
The company’s net profit also rose sharply to ₹10.94 crores in 2025, compared to ₹3.10 crores in 2024, reflecting better cost management, operational efficiency, and strong business fundamentals.
With consistent growth in both revenue and profitability, SK Minerals has shown solid financial progress. Analysts suggest that the SK Minerals IPO could be a promising choice for long-term investors, given the company’s growth trajectory and strong position in the mining and mineral processing industry.
| IPO Open Date | October 10, 2025 |
| IPO Close Date | October 14, 2025 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹120 to ₹127 Per Share |
| Issue Size | Approx ₹41.15 Crores |
| Fresh Issue | Approx ₹41.15 Crores |
| Offer for Sale: | Approx [.] Equity Shares |
| Issue Type | Book Built Issue |
| IPO Listing | BSE SME |
| DRHP Draft Prospectus | Download |
| RHP Draft Prospectus | Download |
SK Minerals IPO Market Lot & Investment Details
The minimum market lot for the SK Minerals IPO is 2,000 shares, requiring a minimum investment of ₹2,54,000. This means investors must apply for at least one lot to participate in the IPO.
Given the higher lot size and investment value, this IPO is primarily aimed at high-net-worth and serious retail investors who are confident in the company’s long-term potential. The SK Minerals IPO offers an opportunity to invest in a growing player within the mining and mineral processing industry, known for its strong revenue growth and expanding market presence.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 2000 | ₹2,54,000 |
| Retail Maximum | 2 | 2000 | ₹2,54,000 |
| S-HNI Minimum | 3 | 3000 | ₹3,81,000 |
SK Minerals IPO Reservation
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | 9,23,000 Shares | 28.49% |
| QIB (Ex. Anchor) | 6,15,000 Shares | 18.98% |
| NII Shares Offered | 4,62,000 Shares | 14.26% |
| Retail Shares Offered | 10,78,000 Shares | 33.27% |
SK Minerals IPO Anchor Investors
| Anchor Bidding Date | October 09, 2025 |
| Anchor Investors List | Download |
| Shares Offered | 9,23,000 Shares |
| Anchor Size | 11.72 Cr. |
| lock-in period end date 50% shares (30 Days) | November 14, 2025 |
| lock-in period end date 50% shares (90 Days) | January 13, 2026 |
SK Minerals IPO Dates
| IPO Open Date: | October 10, 2025 |
| IPO Close Date: | October 14, 2025 |
| Basis of Allotment: | October 15, 2025 |
| Refunds: | October 16, 2025 |
| Credit to Demat Account: | October 16, 2025 |
| IPO Listing Date: | October 17, 2025 |
| IPO Bidding Cut-off Time: | October 14, 2025 – 5 PM |
Promoters and Holding Pattern
The promoters of SK Minerals Limited are Mrs. Sunita Rani, Mr. Mohit Jindal, Mr. Rohit Jindal, and Mr. Shubham Jindal. These promoters have been the driving force behind the company’s growth and success in the mining and mineral processing industry.
With years of experience, strong leadership, and a clear vision for expansion, the promoters have guided SK Minerals toward operational excellence and financial stability. Their focus on innovation, quality, and sustainable business practices continues to strengthen the company’s position in both domestic and global mineral markets.
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 90,00,000 | 100% |
| Promoter Holding Post Issue | 1,22,40,000 | 73.53% |
Objects of the Issue & Utilisation of proceeds
The main objective of the SK Minerals IPO is to strengthen the company’s financial position and support its future growth plans. The funds raised from the IPO will be strategically utilized across several key areas to enhance operational efficiency and business expansion.
Here’s how the company plans to utilize the proceeds from the issue:
- Business Expansion – To set up new facilities, upgrade existing infrastructure, and increase production capacity to meet growing market demand.
- Working Capital Requirements – To maintain smooth day-to-day operations and ensure adequate liquidity for ongoing projects.
- Debt Repayment / Reduction – To reduce existing borrowings, which will help lower interest costs and improve the company’s balance sheet.
- General Corporate Purposes – To strengthen overall business capabilities, enhance brand presence, and support future strategic initiatives.
By using the funds effectively, SK Minerals Limited aims to achieve sustainable growth, improve profitability, and reinforce its position as a key player in the mining and mineral processing industry.
| Purpose | Crores |
| Working Capital Requirement | 31.00 |
| To fund the expansion plan of the Company i.e. Capital expenditure towards purchase of Plant and Machinery | 5.55 |
| General Corporate Purpose | – |
SK Minerals– Company Financial Report & Performance Overview
Amount ₹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹132.59 | ₹129.83 | ₹1.89 | ₹37.54 |
| 2024 | ₹108.94 | ₹104.83 | ₹3.10 | ₹54.05 |
| 2025 | ₹212.15 | ₹196.89 | ₹10.94 | ₹75.18 |
| August 2025 | ₹85.38 | ₹78.43 | ₹5.02 | ₹114.39 |
SK Minerals -IPO FY2024 Valuation Report & Key Financial Ratios
| KPI | Values |
| ROE: | 46.23% |
| ROCE: | 22.88% |
| EBITDA Margin: | 9.02% |
| PAT Margin: | 5.17% |
| Debt to equity ratio: | 1.89 |
| Earning Per Share (EPS): | ₹12.15 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | ₹26.29 |
| Net Asset Value (NAV): | ₹26.29 |
IPO Lead Managers aka Merchant Bankers
Khambatta Securities Ltd.
IPO Registrar
Maashitla Securities Pvt.Ltd.
Phone: +91-11-45121795-96
Email: investor.ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
Company Address
SK Minerals & Additives Ltd.
Satkartar Building, Near Khalsa Petrol Pump
G.T Road
Khanna
Ludhiana, Punjab, 141401
Phone: +91 9041114180
Email: companysecretary@skminerals.net
Website: https://skminerals.net/