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S.K.Offset IPO
📅 Founded: 2007
📍 Meerut, Uttar Pradesh
👥 111 employees
📋 Face Value: ₹10
🏦 Market Cap: ₹97 Cr
Price Band
₹119 – ₹125
Issue Size
₹29.06 Cr
Lot Size
1000 shares
Min. Investment
₹2,50,000
GMP
+₹0 (+0%)
Est. Return
+0%
Listing Date
30 Sep 2026
Registrar
Maashitla Securities
S.K.Offset IPO at a glance
S.K.Offset IPO was an SME issue of ₹29.06 Cr at a price band of ₹119 – ₹125 per share, open from 23 Sep 2026 to 25 Sep 2026. The shares listed on BSE SME on 30 Sep 2026.
IPO Signal Analysis
📊 Based on Grey Market Premium (GMP) & Subscription Data — not financial advice
GMP Signal
Moderate Interest
GMP: +0% above issue price
⭐ Overall Signal
Moderate Interest
GMP + Subscription combined
Not financial advice
Not financial advice
Subscription Signal
Moderate Interest
0.00x subscribed
Issue Details
Fresh Issue₹28 Cr
Offer for Sale (OFS)₹1.06 Cr
Total Issue Size₹29.06 Cr
Face Value₹10
Market Cap (at issue)₹97 Cr
Listing ExchangeBSE SME
📅 Open Date23 Sep 2026
🔒 Close Date25 Sep 2026
✂️ Cut-off Price Date25 Sep 2026
🎟️ Allotment Date28 Sep 2026
💸 Refund Initiation29 Sep 2026
📂 Demat Credit29 Sep 2026
📈 Listing Date30 Sep 2026
Objects of the Issue
- 💰 Machinery — ₹2.11 Cr
- 💰 Working capital — ₹18.66 Cr
- 💰 General corporate purposes
About the Company
S.K.Offset, based in Meerut, Uttar Pradesh, provides printing and packaging services covering books and textbooks, brochures, catalogues, cartons, boxes and labels. It also offers digital design services and serves customers in sectors such as FMCG, pharmaceuticals and education.
Strengths
- ✅ Offers book and catalogue printing, carton packaging and labels under one roof
- ✅ Income nearly tripled between FY24 and FY26
- ✅ Operating since 2007 from Meerut
Risk Factors
- ⚠️ Borrowings are well above net worth
- ⚠️ FY26 profit jump is sharp and recent
- ⚠️ Paper prices affect costs
- ⚠️ Fragmented, competitive printing industry
Subscription Status
Not yet open
QIB: —
NII: —
RII: —
GMP Trend
Day-wise Subscription
| Day | QIB | NII | RII | Overall |
|---|---|---|---|---|
| Day 1 | — | — | — | 0.00x |
| Day 2 | — | — | — | 0.00x |
| Day 3 | — | — | — | 0.00x |
Share Reservation
QIB
50%
NII
15%
RII
35%
Allocation as per SEBI regulations for SME IPO
Anchor Investors
Anchor allotment details not yet available.
Promoter Holding
100%
Pre-IPO
→ -30.0%
69.97%
Post-IPO
Founders & Leadership
PA
Pradeep Agarwal
Promoter
Promoter of the company
PA
Priyanshu Agarwal
Promoter
Promoter of the company
IPO Timeline
✓
Open Date
23 Sep 2026
✓
Close Date
25 Sep 2026
✓
Allotment Date
28 Sep 2026
✓
Listing Date
30 Sep 2026
Key Financials
Revenue₹67 Cr
PAT₹7.48 Cr
EPS₹9.66
P/E Ratio12.94x
ROE37.82%
Market Cap₹97 Cr
Company Financials (Restated Consolidated)
| Period Ended | FY26 | FY25 | FY24 |
|---|---|---|---|
| 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 |
| Total Borrowing | 34.58 | 32.35 | 14.70 |
Amount in ₹ Crore
Key Performance Indicators (KPI)
| KPI | FY26 | FY25 |
|---|---|---|
| ROE (%) | 37.82 | 21.39 |
| EBITDA Margin (%) | 21.16 | 11.55 |
| Debt / Equity | 1.75 | 4.49 |
| Net Worth (Rs. Cr) | 19.78 | 7.20 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS | ₹9.66 | — |
| P/E (x) | 12.94x | — |
| ROE (%) | 37.82% | — |
| Promoter Holding | 100% | 69.97% |
| Market Cap | ₹97 Cr | |
IPO Registrar
Maashitla Securities
S.K.Offset IPO FAQs
S.K.Offset IPO is an SME IPO with an issue size of ₹29.06 Cr at a price band of ₹119 – ₹125. Minimum lot size is 1000 shares and the minimum application is 2 lots (minimum investment ~₹2,50,000). Opened on 23 Sep 2026 and closed on 25 Sep 2026. Listed on BSE SME. Registrar: Maashitla Securities.