17 Oct 2025 | 5 Mins Read
Grey market predicts 4% SK Minerals IPO gain
Flipitmoney
SK Minerals' Rs 41.15 crore IPO received 3.52 times subscription, led by non-institutional investors, with the overall subscription standing at 3.52 times and retail quota subscribed 3.39 times. The grey market premium quotes the stock at Rs 132, a 4% gain over the issue price of Rs 127. The company plans to use IPO proceeds for working capital and machinery purchases.