Comparison between Aritas Vinyl IPO and SK Minerals IPO.
Aritas Vinyl IPO is a SME Bookbuilding IPO proposed to list at BSE SME while SK Minerals IPO is a SME Bookbuilding proposed to list at BSE SME.
| Aritas Vinyl IPO | SK Minerals IPO | |
|---|---|---|
| Logo |  | |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Interactive Financial Services Ltd. | Khambatta Securities Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Maashitla Securities Pvt.Ltd. |
| Market Maker | Giriraj Stock Broking Pvt.Ltd. | Rikhav Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Aritas Vinyl IPO is up to ₹35.63 Cr whereas the issue size of the SK Minerals IPO is up to ₹39.09 Cr. The final issue price of Aritas Vinyl IPO is ₹47.00 per share and of SK Minerals IPO is ₹127.00 per share.
| Aritas Vinyl IPO | SK Minerals IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹40.00 per share | ₹120.00 per share |
| Issue Price (Upper) | ₹47.00 per share | ₹127.00 per share |
| Issue Price (Final) | ₹47.00 per share | ₹127.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 1000 shares |
| Fresh Issue Size | 65,96,600 shares | 30,78,000 shares |
| Fresh Issue Size (Amount) | up to ₹31.00 Cr | up to ₹39.09 Cr |
| OFS Issue Size | 9,84,400 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹4.63 Cr | up to ₹0.00 Cr |
| Issue Size Total | 75,81,000 shares | 30,78,000 shares |
| Issue Size Total (Amount) | up to ₹35.63 Cr | up to ₹39.09 Cr |
Aritas Vinyl IPO opens on Jan 16, 2026, while SK Minerals IPO opens on Oct 10, 2025. The closing date of Aritas Vinyl IPO and SK Minerals IPO is Jan 20, 2026, and Oct 14, 2025, respectively.
| Aritas Vinyl IPO | SK Minerals IPO | |
|---|---|---|
| Anchor Bid Date | Oct 09, 2025 | |
| Issue Open | Jan 16, 2026 | Oct 10, 2025 |
| Issue Close | Jan 20, 2026 | Oct 14, 2025 |
| Basis Of Allotment (Tentative) | Jan 21, 2026 | Oct 15, 2025 |
| Initiation of Refunds (Tentative) | Jan 22, 2026 | Oct 16, 2025 |
| Credit of Share (Tentative) | Jan 22, 2026 | Oct 16, 2025 |
| Listing date (Tentative) | Jan 23, 2026 | Oct 17, 2025 |
| Anchor Lockin End date 1 | Nov 14, 2025 | |
| Anchor Lockin End date 2 | Jan 13, 2026 |
Aritas Vinyl IPO P/E ratio is 14.43, as compared to SK Minerals IPO P/E ratio of 10.45.
| Aritas Vinyl IPO | SK Minerals IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| 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.
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| Promoter Shareholding (Pre-Issue) | 47.22 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 27.99 | 73.53 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 14.43 | 10.45 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹92.54 Cr. | ₹155.45 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 31.23% | 46.23% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 21.99% | 22.88% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.80 | 1.89 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.26 | ₹12.15 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 20.36% | 46.23% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Aritas Vinyl IPO Retail Individual Investors (RII) are offered 45,12,000 shares while in SK Minerals IPO retail investors are offered 45,12,000 shares. Qualified Institutional Buyers (QIB) are offered 78,000 shares in Aritas Vinyl IPO and 6,15,000 shares in SK Minerals IPO.
| Aritas Vinyl IPO | SK Minerals IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 9,23,000 shares |
| Market Maker Reservation | 4,02,000 shares | 1,62,000 shares |
| QIB | 78,000 shares | 6,15,000 shares |
| NII | 29,91,000 shares | 4,62,000 shares |
| RII | 45,12,000 shares | 10,78,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 75,81,000 shares | 30,78,000 shares |
Aritas Vinyl IPO subscribed 2.21x in total, whereas SK Minerals IPO subscribed 3.52x.
| Aritas Vinyl IPO | SK Minerals IPO | |
|---|---|---|
| QIB (times) | 1.00x | 1.01x |
| NII (times) | 1.24x | 7.15x |
| Big NII (times) | 1.28x | 8.84x |
| Small NII (times) | 1.15x | 3.79x |
| RII (times) | 2.88x | 3.39x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.21x | 3.52x |
