Arunaya Organics IPO vs SK Minerals IPO

Comparison between Arunaya Organics IPO and SK Minerals IPO.

IPO Details

Arunaya Organics IPO is a SME Bookbuilding IPO proposed to list at NSE SME while SK Minerals IPO is a SME Bookbuilding proposed to list at BSE SME.

Issue Size and Price

The total issue size of Arunaya Organics IPO is up to ₹32.27 Cr whereas the issue size of the SK Minerals IPO is up to ₹39.09 Cr. The final issue price of Arunaya Organics IPO is ₹58.00 per share and of SK Minerals IPO is ₹127.00 per share.

 Arunaya Organics IPOSK Minerals IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹55.00 per share₹120.00 per share
Issue Price (Upper)₹58.00 per share₹127.00 per share
Issue Price (Final)₹58.00 per share₹127.00 per share
Discount (Retail)₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares1000 shares
Fresh Issue Size49,64,000 shares30,78,000 shares
Fresh Issue Size (Amount)up to ₹28.79 Crup to ₹39.09 Cr
OFS Issue Size6,00,000 shares0 shares
OFS Issue Size (Amount)up to ₹3.48 Crup to ₹0.00 Cr
Issue Size Total55,64,000 shares30,78,000 shares
Issue Size Total (Amount)up to ₹32.27 Crup to ₹39.09 Cr

IPO Timetable

Arunaya Organics IPO opens on Apr 29, 2025, while SK Minerals IPO opens on Oct 10, 2025. The closing date of Arunaya Organics IPO and SK Minerals IPO is May 02, 2025, and Oct 14, 2025, respectively.

 Arunaya Organics IPOSK Minerals IPO
Anchor Bid DateOct 09, 2025
Issue OpenApr 29, 2025Oct 10, 2025
Issue CloseMay 02, 2025Oct 14, 2025
Basis Of Allotment (Tentative)May 05, 2025Oct 15, 2025
Initiation of Refunds (Tentative)May 06, 2025Oct 16, 2025
Credit of Share (Tentative)May 06, 2025Oct 16, 2025
Listing date (Tentative)May 07, 2025Oct 17, 2025
Anchor Lockin End date 1Nov 14, 2025
Anchor Lockin End date 2Jan 13, 2026

Financials & KPIs

Arunaya Organics IPO P/E ratio is 17.55, as compared to SK Minerals IPO P/E ratio of 10.45.

 Arunaya Organics IPOSK Minerals IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 202431 Mar 202431 Mar 202331 Mar 2022
Assets60.7445.0438.6234.36
Total Income58.2162.7976.3762.26
Profit After Tax3.604.061.731.33
NET Worth16.7811.187.194.72
Reserves and Surplus4.5010.346.353.99
Total Borrowing13.8113.3013.179.90
Amount in ₹ Crore

Company Financials (Restated Standalone)

SK Minerals & Additives Ltd.'s revenue increased by 95% and profit after tax (PAT) rose by 253% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Aug 202531 Mar 202531 Mar 202431 Mar 2023
Assets114.3975.1854.0537.54
Total Income85.38212.15108.94132.59
Profit After Tax5.0210.943.101.89
EBITDA8.7919.106.803.91
NET Worth28.6923.6612.726.23
Reserves and Surplus19.6914.667.724.63
Total Borrowing75.1239.1332.3623.11
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)91.72100
Promoter Shareholding (Post-Issue)60.7973.53
P/E Ratio17.5510.45
Market Cap₹101.72 Cr.₹155.45 Cr.
ROE44.15%46.23%
ROCE55.71%22.88%
Debt/Equity1.191.89
EPS₹3.30₹12.15
RoNW36.27%46.23%

Shares Offered

In the Arunaya Organics IPO Retail Individual Investors (RII) are offered 22,26,000 shares while in SK Minerals IPO retail investors are offered 22,26,000 shares. Qualified Institutional Buyers (QIB) are offered 11,12,000 shares in Arunaya Organics IPO and 6,15,000 shares in SK Minerals IPO.

 Arunaya Organics IPOSK Minerals IPO
Anchor Investor Reservation9,23,000 shares
Market Maker Reservation2,96,000 shares1,62,000 shares
QIB11,12,000 shares6,15,000 shares
NII22,26,000 shares4,62,000 shares
RII22,26,000 shares10,78,000 shares
Employee0 shares0 shares
Others
Total55,64,000 shares30,78,000 shares

Bids Received (Subscription)

Arunaya Organics IPO subscribed 2.53x in total, whereas SK Minerals IPO subscribed 3.52x.

 Arunaya Organics IPOSK Minerals IPO
QIB (times)1.01x1.01x
NII (times)1.49x7.15x
Big NII (times)8.84x
Small NII (times)3.79x
RII (times)4.33x3.39x
Employee (times)
Other (times)
Total (times)2.53x3.52x

Compare with others

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Arunaya Organics IPO Vs SK Minerals IPO