SK Minerals & Additives Ltd Logo

SK Minerals & Additives Ltd IPO

NSELot: 1000

LISTEDSME
Issue Price127
Listing145
Current135
Price Band
120 - ₹127
Lot Size
1,000
Issue Size
₹41.15 Cr
GMP
0
Subscription
0.14x

IPO Schedule

1
Open
10 Oct
2
Close
14 Oct
3
Allotment
15 Oct
4
Listing
17 Oct

About SK Minerals & Additives Ltd

SK Minerals & Additives Ltd is an SME focused on manufacturing and supplying specialized mineral and chemical additives. They cater to diverse industries, providing crucial components for various applications.

Subscription Status

QIB
0.00x
NII
0.03x
Retail
0.27x
CategoryDay 3Day 2Day 1
QIB1.01x0.00x0.00x
NII7.15x1.16x0.03x
Retail3.39x0.61x0.27x
Total3.52x0.55x0.14x

Risk Factors

SME status implies higher vulnerability to economic downturns and market fluctuations compared to larger, more diversified companies.
Dependence on specific raw materials exposes the company to price volatility and supply chain disruptions.
Limited brand recognition compared to established players in the minerals and additives market.

Promoters & Management

The Promoters of our Company are Mrs. Sunita Rani, Mr. Mohit Jindal, Mr. Rohit Jindal and Mr. Shubham Jindal. Mr. Mohit Jindal, aged about 39 years, is the Promoter and Chairman & Managing Director of our Company. He became a member of The Institute of Companies Secretaries of India in the year 2009. He has completed his Bachelors degree in commerce in the year 2006 from Panjab University and has also completed the Innovation, Corporate Strategy and Competitive Performance from Indian Institute of Management Ahmedabad in the year 2024. With an experience of 15 years in the specialty chemicals industry, Mr. Jindal is instrumental in defining the Company's long-term vision and corporate strategy. Mr. Rohit Jindal, aged about 37 years, is the Promoter and Executive Director of our Company. He has completed his bachelors degree in commerce in the year 2009 from Panjab University. He oversees the plant management. With over 15 years of experience in specialty chemicals industry, he has been instrumental in scaling our manufacturing revenue. Mr. Shubham Jindal, aged about 30 years, is the Promoter and Executive Director of our Company. He has completed his Bachelors degree in Arts in the year 2016 from Panjab University. He leads the import and merchant trading division of the Company. With over 7 years of experience, Mr. Shubham Jindal joined the Business in the year 2017. He brings over 6 years of experience in international trading, business development, sales, and customer service.