S.K.Offset IPO: Price Band, Lot Size, Financials & Review
S.K.Offset IPO listed on BSE on Wed, 30 Sep 2026. The issue was subscribed 1.23x overall.
- Open Date
- 23 Sep 2026
- Close Date
- 25 Sep 2026
Last updated
- Price band
- ₹119 – ₹125
- Lot size
- 1,000 shares
- Min. investment
- ₹2,50,000
- Issue size
- ₹23.25 Cr
- Last GMP
- 0
- Subscribed
- 🔥 1.23x
S.K.Offset IPO details
S.K.Offset IPO is a ₹23.25 Cr book-building IPO on the SME segment, listing on BSE. It is entirely a fresh issue of shares, so all the money raised goes to the company; there is no offer for sale by existing shareholders.
The issue was open from Wed, 23 Sep 2026 to Fri, 25 Sep 2026. Allotment was finalised on Mon, 28 Sep 2026, and the shares listed on BSE on Wed, 30 Sep 2026.
The price band is ₹119 to ₹125 per share and the lot size is 1000 shares, so the minimum retail application is ₹2,50,000. Retail investors can apply for up to 2 lots (2,000 shares, ₹2,50,000).
Maashitla Securities Pvt. Limited is the registrar, and Comfort Securities Limited is the book running lead manager.
Grey market premium (GMP)
Day-wise GMP →The last S.K.Offset IPO GMP before listing was 0 (0.00% against the upper price band of ₹125), implying an estimated listing price of ₹125. Across 10 days of tracking, GMP ranged from 0 (21 Sep) to 0 (21 Sep).
| Last GMP | 0 |
|---|---|
| GMP vs upper band | 0.00% |
| Estimated listing price | ₹125 |
| Highest (21 Sep) | 0 |
| Lowest (21 Sep) | 0 |
Grey market trading is unofficial and unregulated. GMP is a sentiment indicator, not a guarantee of the listing price. See the S.K.Offset IPO day-wise GMP.
Subscription
Day-wise subscription →S.K.Offset IPO was subscribed 1.23x overall: QIB 2.61x, NII 1.08x and retail 0.77x.
| Category | Subscribed |
|---|---|
| QIB | 2.61x |
| NII | 1.08x |
| └ bNII (above ₹10 lakh) | 1.11x |
| └ sNII (₹2–10 lakh) | 1.03x |
| Retail | 0.77x |
| Total | 1.23x |
Final figures at the close of bidding on 25 Sep 2026. Category-wise bids, application-wise breakup and allotment chances are on the S.K.Offset IPO day-wise and category-wise subscription page.
Share reservation by category
| Category | Shares offered | Share of issue |
|---|---|---|
| Anchor Investors | 5,40,000 | 24.49% |
| Qualified Institutions | 3,60,000 | 16.33% |
| Non-Institutional | 3,33,000 | 15.10% |
| └ BNII | 2,22,000 | 10.07% |
| └ SNII | 1,11,000 | 5.03% |
| Retail Investors | 9,72,000 | 44.08% |
| Total | 22,05,000 | 100.00% |
Shares offered include the anchor investor portion, which is allotted a day before the issue opens. Subscription figures exclude anchors, so category sizes on the subscription page are smaller.
S.K.Offset IPO lot size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,000 | ₹2,50,000 |
| Retail (Max) | 2 | 2,000 | ₹2,50,000 |
| S-HNI (Min) | 3 | 3,000 | ₹3,75,000 |
| S-HNI (Max) | 8 | 8,000 | ₹10,00,000 |
| B-HNI (Min) | 9 | 9,000 | ₹11,25,000 |
Amounts at the upper end of the price band.
Issue structure and valuation
It is entirely a fresh issue of shares, so all the money raised goes to the company; there is no offer for sale by existing shareholders.
At the upper price band of ₹125, the issue is priced at 9.06x pre-issue earnings and 12.94x post-issue earnings per share.
The post-issue P/E is higher because the fresh issue adds new shares, which spreads the same profit over more shares.
Promoter holding falls from 100.00% before the issue to 69.97% after it.
| EPS (pre-issue) Latest earnings per share before the issue | ₹13.8 |
|---|---|
| P/E (pre-issue) Upper price band ÷ pre-issue EPS | 9.06x |
| EPS (post-issue) EPS on the enlarged share capital | ₹9.66 |
| P/E (post-issue) Upper price band ÷ post-issue EPS | 12.94x |
| Promoter holding (pre-issue) | 100.00% |
| Promoter holding (post-issue) | 69.97% |
S. K. Offset Limited financials
Between 31 Mar 2025 and 31 Mar 2026, Income rose from ₹48.65 Cr to ₹67 Cr, and profit after tax rose from ₹1.54 Cr to ₹7.48 Cr. The PAT margin for 31 Mar 2026 was 11.16%.
| Period ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 81.76 | 55.77 | 28.85 |
| Total Income | 67.00 | 48.65 | 23.31 |
| Profit After Tax | 7.48 | 1.54 | 0.72 |
| EBITDA | 14.18 | 5.62 | 1.16 |
| Net Worth | 19.78 | 7.20 | 4.58 |
| Reserve & Surplus | 14.36 | 5.95 | 3.58 |
| Total Borrowings | 34.58 | 32.35 | 14.70 |
₹ in crore, as stated in the prospectus.
Key performance indicators
| KPI | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| ROE % | 37.82 | 21.44 | 15.74 |
| ROCE % | 22.91 | 10.78 | 9.99 |
| Debt / Equity | 1.75 | 4.49 | 3.21 |
| RoNW % | 37.82 | 21.44 | 15.74 |
| Pat Margin % | 11.22 | 3.20 | 3.35 |
Objectives
The company intends to allocate the net proceeds from the offering to the following objectives.
| Sr | Objective |
|---|---|
| 1 | To fund the Capital expenditure towards purchase of Plant and Machinery at Meerut |
| 2 | Funding incremental working capital requirements of the Company |
| 3 | General corporate purposes |
About S. K. Offset Limited
Incorporated in February 2007, S. K. Offset Limited is engaged in providing integrated printing, packaging and labelling solutions. The Company commenced operations with offset printing and has progressively expanded its capabilities to include packaging and labelling services. Its printing portfolio comprises books, textbooks, brochures, catalogues, stationery, pamphlets, magazines, journals and other commercial printing requirements. In addition, the Company undertakes designing, graphics, lithography and publication-related activities.
The Company's business operations are broadly classified into Printing, Packaging and Labelling. Its packaging portfolio includes mono cartons, master cartons, boxes and other customised packaging products. Its labelling solutions comprise stickers, product labels, barcodes and promotional materials available in various sizes, formats and finishes. The Company also provides digital design and pre-press services, including packaging artwork, layout preparation, colour formatting and preparation of print-ready files.
S. K. Offset Limited has pursued forward integration across its printing, packaging and labelling operations, enabling customers to procure multiple products and services from a single supplier. The Company also trades, imports and exports printing and packaging materials, including paper, paperboard, foils and inks. This integrated business model supports product diversification, improves manufacturing capacity utilisation and enables the Company to cater to varied customer requirements.
The Company serves customers across multiple industries and operates through an in-house production and operational framework, covering various stages of the printing, packaging and labelling process.
As of the date of the Red Herring Prospectus, the Company had approximately 111 employees, comprising skilled, semi-skilled and unskilled personnel deployed across production, administration, sales and marketing, finance, stock management and other operational functions.
Promoters
- Mr. Pradeep Agarwal
- Mr. Priyanshu Agarwal
- Mr. Ayush Agarwal
Contact details
S.K.Offset Ltd.
15 Sports Complex
Enclave Delhi Road
Meerut, Uttar Pradesh, 250002
Telephone: +91-9258206919
Email: compliance@skoffset.com
Website: https://www.skoffset.com/
S.K.Offset IPO FAQs
- What is the S.K.Offset IPO price band?
- The S.K.Offset IPO price band is ₹119 to ₹125 per share.
- What is the S.K.Offset IPO lot size and minimum investment?
- The S.K.Offset IPO lot size is 1000 shares. The minimum retail investment is ₹2,50,000 for one lot at the upper price band. Retail investors can apply for up to 2 lots (2,000 shares), costing ₹2,50,000.
- When was S.K.Offset IPO open for subscription?
- S.K.Offset IPO was open for subscription from Wed, 23 Sep 2026 to Fri, 25 Sep 2026.
- What is the S.K.Offset IPO subscription status?
- S.K.Offset IPO was subscribed 1.23x overall: QIB 2.61x, NII 1.08x and retail 0.77x. Day-wise and category-wise figures are on the subscription page.
- What was the S.K.Offset IPO GMP before listing?
- The last S.K.Offset IPO GMP before listing was 0 (0.00% against the upper price band of ₹125), implying an estimated listing price of ₹125. Across 10 days of tracking, GMP ranged from 0 (21 Sep) to 0 (21 Sep). GMP is an unofficial grey market indicator and can change quickly.
- What is the S.K.Offset IPO allotment date?
- The S.K.Offset IPO basis of allotment was finalised on Mon, 28 Sep 2026. You can check your allotment status on the Maashitla Securities Pvt. Limited website.
- What is the S.K.Offset IPO listing date?
- S.K.Offset IPO listed on BSE on Wed, 30 Sep 2026.
- Is the S.K.Offset IPO a fresh issue or an offer for sale?
- It is entirely a fresh issue of shares, so all the money raised goes to the company; there is no offer for sale by existing shareholders.
- Who are the registrar and lead managers of the S.K.Offset IPO?
- The registrar for the S.K.Offset IPO is Maashitla Securities Pvt. Limited, and the book running lead manager is Comfort Securities Limited.
Data is compiled from the prospectus, stock exchanges and market sources and is for information only. It is not investment advice; read the RHP before applying.