SK Minerals & Additives Limited IPO

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SK Minerals & Additives Limited is a specialty chemicals company engaged in the manufacturing and trading of food and feed additives, minerals, and allied specialty chemicals, a proprietorship firm catering to diverse industries, the business was incorporated as SK Minerals & Additives Private Limited on February 10, 2022.

With a flexible business model combining domestic trading, imports, and in-house production, the company serves industries such as food & bakery, animal feed, petroleum, plywood, and other allied sectors.

Operations & Business Model

The company follows a hybrid model of:

1. Manufacturing: In-house production supported by a DSIR-certified R&D unit at Khanna, Ludhiana, Punjab.

2. Trading & Imports: Strategic sourcing of specialty chemicals from global suppliers, stored at port warehouses for controlled inventory and timely delivery.

Product Portfolio

SK Minerals & Additives offers a diverse range of specialty chemicals and additives, includes Chelated Minerals,  Mineral Mixtures, Calcium Propionate, Ferric Pyrophosphate, Technical Grade Urea , Virgin Base Oil, Magnesium Oxide (MgO), Bypass Fat, Di Calcium Phosphate (DCP), Melamine for  laminates, adhesives, coatings for plywood & specialty applications

Products are tailored for food & bakery, animal feed, petroleum, plywood, automotive, and other industrial uses. It serves a diverse, pan-India customer base across multiple industries. It has a presence across major states including West Bengal, Uttar Pradesh, Haryana, Karnataka, Punjab, Gujarat, Bihar, Maharashtra, and Kerala.

Competitive Strengths

i) Strong Government Business: Over 35% of revenue comes from government customers, ensuring stability and low credit risk.
ii) Client Diversification: Wide industry presence reduces dependence on any single sector or customer.
iii) Geographical Reach: Pan-India footprint across multiple states, reducing regional risk.
iv) Hybrid Business Model: Combination of trading and manufacturing allows flexibility, cost optimization, and product expansion.
v) Multi-Industry Applications: Serving food & bakery, feed, petroleum, plywood, and allied sectors, ensuring stable demand across cycles.

Objects of the SK Minerals & Additives Limited IPO:

Company intends to utilize the proceeds of the Issue to meet the following objects: - 1. Working capital requirements (₹31 cr) 2. Capital expenditure towards purchase of Plant and Machinery (₹5.55 cr) 3. General Corporate Purpose.
DRHP of SK Minerals & Additives Limited IPO

SK Minerals & Additives Limited IPO Details:

Open Date: Oct 10 2025
Close Date: Oct 14 2025
Total Shares: 32,40,000
Face Value: ₹ 10 Per Equity Share
Issue Type: Book Building
Issue Size: 41.15 Cr.
Lot Size: 1000 Shares
Issue Price: ₹ 120-127 Per Equity Share
Listing At: BSE SME
Listing Date: Oct 17 2025

Promoters And Management:

1. Mr. Mohit Jindal – Promoter, Chairman & Managing Director, with 15 years’ experience in the specialty chemicals industry. A commerce graduate (Panjab University, 2006) and ICSI member (2009), he completed an executive program at IIM Ahmedabad (2024) and drives the company’s long-term vision, strategy, and manufacturing scale-up. 2. Mr. Rohit Jindal – Promoter & Director, commerce graduate (2009, Panjab University) with 15+ years’ experience in specialty chemicals. He oversees plant management and has been key in growing manufacturing revenue. 3. Mr. Shubham Jindal – Promoter & Director, arts graduate (2016, Panjab University) with 7 years’ experience. He leads the import and merchant trading division, focusing on international trading, business development, and sales.

Financials of SK Minerals & Additives Limited IPO: 

To be updated shortly

Comparison With Peers:

To be updated shortly

Lead Manager of SK Minerals & Additives Limited IPO:

  1. Khambatta Securities Limited

Registrar of SK Minerals & Additives Limited IPO:

  1. Maashitla Securities Pvt. Limited.

Discussion on SK Minerals & Additives Limited IPO:

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