SK Minerals & Additives IPO Lists at ₹145, Up 14.2% from Issue Price; Stock Surges 20% on Debut

Ludhiana, October 17, 2025 – Shares of SK Minerals & Additives Ltd made a strong debut on the BSE SME platform, opening at ₹145 per share. The listing price had a 14.2% premium over the issue price of ₹127. The IPO had a positive reaction during the bidding period, closing with 3.52 times oversubscription.

SK Minerals & Additives Ltd is engaged in the manufacturing and trading of speciality chemicals and mineral-based additives catering to the food, feed, petroleum, and plywood industries. Founded in 2022, the company has a wide product line that includes Zinc, Copper, and Magnesium Glycinates and EDTAs, Calcium Propionate, Ferric Pyrophosphate, Technical Grade Urea, and By-Pass Fat. With a strong domestic presence and growing export potential, the company aims to use its IPO proceeds to enhance working capital, expand capacity, and strengthen market positioning in the speciality chemicals segment.

SK Minerals & Additives Market Snapshot

Shares of SK Minerals hit the day’s upper circuit at ₹152.25, marking a 19.9% gain on listing day. The stock saw solid trading momentum through the early hours, supported by brisk investor activity and sustained buying interest. Around 11.47 lakh shares changed hands, translating into a turnover of ₹16.78 crore, reflecting strong post-listing demand.

SK Minerals & Additives Listing Day Performance Snapshot

The IPO was listed on the BSE SME on October 17, 2025, at a listing price of ₹145 per share. The strong debut reflects positive investor sentiment, with the issue fully subscribed and demand largely driven by high-net-worth investors (HNIs).

SK Minerals & Additives Anchor Allocation

Right before its IPO, the company made an allotment to anchor investors and raised ₹11.72 crore from six institutional investors through the allotments. The company issued 9.23 lakh shares at ₹127 per share, the upper end of the price band. Under the allotment, the company issues 1,77,000 shares to Jalan Chemical Industries Pvt Ltd, 1,58,000 shares each to Ascend Global Opportunities Fund, Rajasthan Global Securities Pvt Ltd, LRSD Securities Pvt Ltd, and Minerva Ventures Fund, and 1,14,000 shares to Chanakya Opportunities Fund I.

Subscription Recap

The ₹41.15-crore SK Minerals & Additives Ltd IPO closed on October 14, 2025, and was oversubscribed by 3.52 times. The issue witnessed strong traction across investor categories, with individual investors subscribing 3.39 times, QIBs (excluding anchors) 1.01 times, and Non-Institutional Buyers (NII) 7.15 times.

Within the NII segment, bids above ₹10 lakh (bNII) were oversubscribed 8.84 times, while bids below ₹10 lakh (sNII) subscribed 3.79 times.

The IPO was managed by Interactive Financial Services Ltd, acting as Book Running Lead Manager, and Bigshare Services Pvt Ltd, serving as Registrar to the Issue.

REF: https://www.bseindia.com/stock-share-price/sk-minerals–additives-ltd/skm/544584/

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