SK Minerals & Additives IPO to be Listed in BSE SME Tomorrow on Back of Robust 3.35x Subscription

Ludhiana, 16 October 2025 – SK Minerals & Additives Ltd’s Initial Public Offering (IPO) will make its debut on the BSE SME platform on Friday, 17 October 2025, after closing the subscription at 3.35 times, indicating high investor demand. Allotment was completed on 15 October, and shares have been credited to the demat accounts of the investors today.

Investor attention now shifts to the listing performance of the company, in the wake of good retail investor and high-net-worth individual (HNI) participation during the four-day offer period.

SK Minerals & Additives IPO Performance Highlights

The ₹41-crore IPO, which opened on October 10-14, 2025, witnessed good participation across all categories of investors, with specific demand coming in from retail and HNI investors being strong. Non-institutional bids above ₹10 lakh were more than nine times subscribed, reflecting confidence from HNIs and small corporates.

SK Minerals & Additives Allotment and Listing

Allotments were done on October 15 and refunds and demat credits on October 16. The shares will start trading at the BSE SME platform tomorrow, October 17, 2025.

The company had raised ₹11.72 crore from six anchor investors before the IPO, allotting 9.23 lakh shares at the higher price band of ₹127 per share. The high anchor book participation had given initial credibility and momentum to the public issue.

Company Overview

SK Minerals & Additives Ltd, which was set up in 2022, is in the business of specialty chemicals and mineral-based additives. Its products find application in the food, feed, petroleum, and plywood industries, among others, such as Zinc, Copper, and Magnesium Glycinates, EDTAs, Calcium Propionate, Ferric Pyrophosphate, and By-Pass Fat.

The firm’s DSIR-approved R&D unit in Khanna, Ludhiana, is supported by ISO 9001:2015 and ISO 22000:2018 approvals. With a increasing number of customers and robust operational credentials, SK Minerals is establishing itself as a rising participant in India’s additive manufacturing arena.

SK Minerals & Additives Lead Managers and Exchange Details

Khambatta Securities Ltd is the IPO’s book running lead manager, Maashitla Securities Pvt Ltd the registrar, and Rikhav Securities Ltd the market maker. The listing tomorrow is SK Minerals’ initial foray into the public market, and investors will monitor closely the debut performance of the stock after a well subscribed IPO.

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