S.K.Offset IPO

Incorporated in February 2007, S.K.Offset Limited provides integrated printing and packaging solutions. The company began with offset printing and expanded into printing, packaging and labelling services. Its offerings include books, textbooks, brochures, catalogues, stationery, cartons, boxes, stickers and product labels. It also provides digital design services, including packaging artwork and print-ready files. The company undertakes designing, graphics, lithography and publication-related activities. Its integrated operations allow customers to source multiple products from one supplier. S.K.Offset serves customers across multiple industries and has an in-house production and operational structure. As of the RHP date, it had approximately 111 employees.

S.K.Offset Limited IPO Overview

S.K.Offset Limited IPO is a bookbuilding issue of ₹29.06 crore, comprising an entirely fresh issue of 23,25,000 shares. The IPO opens for subscription on 23 September 2026 and closes on 25 September 2026. The allotment is expected to be finalised on 28 September 2026, followed by refunds and credit of shares to demat accounts on 29 September 2026. The tentative listing date is 30 September 2026 on BSE SME. The price band is fixed at ₹119 to ₹125 per share, with a lot size of 1,000 shares. Retail investors must apply for a minimum of two lots, or 2,000 shares, requiring ₹2,50,000 at the upper price band. S-HNI investors need three lots, or 3,000 shares, amounting to ₹3,75,000. Comfort Securities Ltd. is the book running lead manager, Maashitla Securities Pvt. Ltd. is the registrar, and SMC Global Securities Ltd. is the market maker.

S.K.Offset Limited IPO Details

Particulars	Details
IPO Date	23 September 2026 to 25 September 2026
Listing Date	30 September 2026 (Tentative)
Face Value	₹10 per share
Issue Price Band	₹119 to ₹125 per share
Lot Size	1,000 Shares
Total Issue Size	23,25,000 shares (aggregating up to ₹29.06 Cr)
Fresh Issue	23,25,000 shares (aggregating up to ₹29.06 Cr)
Offer for Sale	NA
Issue Type	Bookbuilding IPO
Listing At	BSE SME
Share Holding Pre Issue	54,18,320 shares
Share Holding Post Issue	77,43,320 shares
Market Maker Portion	1,20,000 shares

S.K.Offset Limited IPO Reservation

Investor Category	Shares Offered
QIB	9,00,000 shares (40.82% of Net Issue)
Retail	9,72,000 shares (44.08% of Net Issue)
NII (HNI)	3,33,000 shares (15.10% of Net Issue)
Market Maker	1,20,000 shares (Firm Reservation)

S.K.Offset Limited IPO Lot Size

Application	Lots	Shares	Amount
Retail (Min)	2	2,000	₹2,50,000
Retail (Max)	2	2,000	₹2,50,000
S-HNI (Min)	3	3,000	₹3,75,000
S-HNI (Max)	8	8,000	₹10,00,000
B-HNI (Min)	9	9,000	₹11,25,000

Amounts are calculated at the upper price band of ₹125 per share.

S.K.Offset Limited IPO Promoter Holding

Shareholding Status	Percentage
Pre-Issue	100.00%
Post-Issue	69.97%

S.K.Offset Limited IPO Valuation Overview

KPI	Value
Earnings Per Share (EPS)	₹13.80 (Pre IPO) / ₹9.66 (Post IPO)
Price/Earnings (P/E) Ratio	9.06x (Pre IPO) / 12.94x (Post IPO)
Return on Net Worth (RoNW)	37.82%
Net Asset Value (NAV)	₹36.50
Return on Equity	37.82%
Return on Capital Employed (ROCE)	22.91%
EBITDA Margin	21.27%
PAT Margin	11.22%
Debt to Equity Ratio	1.75

Objectives of the Proceeds

1. To fund the Capital expenditure towards purchase of Plant and Machinery at Meerut – ₹2.11 crore

2. Funding incremental working capital requirements – ₹18.66 crore

3. General corporate news

Key Financials (in ₹ crore)

Particulars	31 Mar 2026	31 Mar 2025	31 Mar 2024
Assets	81.76	55.77	28.85
Revenue / Total Income	67.00	48.65	23.31
Profit After Tax	7.48	1.54	0.72
Reserves and Surplus	14.36	5.95	3.58
Total Borrowings	34.58	32.35	14.70

IPO Stengths

1. Diversified product offerings.

2. Commitment to quality standards.

3. Presence across multiple industries.

4. Established client and supplier relationships.

5. In-house operational and production structure.

6. Experienced Promoters and management team.

7. Integrated printing, packaging and labelling capabilities.

Peer Group Comparison

As per the DRHP, there are presently no listed companies in India that are engaged in a business that is directly comparable to the business carried on by our Company, in terms of nature of operations, product offerings, and business model.