How to Check SK Minerals & Additives IPO Allotment Status?

SK Minerals & Additives Limited is engaged in the manufacturing, processing, and supply of industrial minerals and specialty chemicals. The company was incorporated in February 2022. It specialises in processing materials such as bentonite, barite, talc, dolomite, kaolin, and other industrial minerals. The company follows a flexible business model integrating domestic trading, imports, and in-house production.

The SK Minerals IPO had a total issue size of ₹41.15 crore, comprising a fresh issue of 0.32 crore shares. The IPO opened on October 10, 2025, and closed on October 14, 2025. The allotment is expected on Wednesday, October 15, 2025. The share price band was fixed at ₹120–₹127 per share.

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Steps to Check SK Minerals IPO Allotment Status on Registrar Site

• Visit the Maashitla Securities Pvt.Ltd. website
• Select "SK Minerals" from the dropdown menu on the allotment status page
• Enter your PAN ID, Demat Account Number, or Application Number in the designated field
• Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check SK Minerals IPO Allotment Status on BSE

• Navigate to the BSE SME IPO Allotment Status Page
• Select the issue type: equity/debt
• Choose "SK Minerals" from the list of active IPOs in the dropdown menu
• Input your Application Number and PAN ID in the required fields
• Verify the captcha and click "Search" to check your allotment status

SK Minerals IPO Subscription Status

SK Minerals IPO received moderate investor interest, being subscribed 3.52 times overall. Here is the category-wise breakdown as of 5:04:37 PM on October 14, 2025:

• QIB Category (Ex Anchor): 1.01 times
• Non-Institutional Investors (NII): 7.15 times
• Individual Investors: 3.39 times

SK Minerals IPO Share Price and Investment Details

The minimum investment required was ₹2,54,000 for two lots (2,000 shares). The issue raised ₹11.72 crore from anchor investors. Given the moderate subscription of 3.52 times with strong NII participation at 7.15 times, moderate retail at 3.39 times, but barely subscribed QIB at 1.01 times, the share price is expected to list with a modest premium.

Utilisation of IPO Proceeds

The proceeds will be utilized for working capital requirements (₹31.00 crore), capital expenditure towards the purchase of plant and machinery (₹5.05 crore), and general corporate purposes.

Business Overview

SK Minerals operates with approximately 25% revenue generated through government customers. It strengthens business resilience through client diversification across diverse geographical areas in India. The company caters to diverse industries with a mix of trading and expanding manufacturing footprints. It maintains an in-house dedicated research & development unit.

The company operates in the industrial minerals and specialty chemicals segment in a highly competitive market. The elevated debt-equity ratio of 1.89 indicates high leverage requiring careful monitoring. The extremely limited 3-year operational track record creates significant execution risk.