S.K. Offset Ltd Leading Printing & Packaging Company in India
We’re India-based printing services providers with over 20 years of industry experience. We have deep roots in India and have built our expertise by understanding the changing needs, quality expectations and market dynamics of the domestic industry. This strong foundation enables us to provide reliable, high-quality printing solutions, while also expanding our capabilities to serve customers in global markets.
A Global Team, Powered by Collaboration: At S.K. Offset Ltd, we believe that success is driven by people and strengthened through collaboration. That’s why we’ve assembled a team of diverse experts with a shared passion for making a difference. Our experienced staff come from various backgrounds and possess a wealth of knowledge in printing, packaging, and international logistics. This collaborative spirit ensures that we can approach every project with a fresh perspective and deliver innovative solutions that meet your specific needs, no matter where you are in the world.
.jpeg "S.K. Offset")
.jpg "S.K. Offset")
.jpeg "S.K. Offset")
S.K. Offset: Your One-Stop Shop for Diverse Printing Needs.
At S.K. Offset Ltd, we cater to a wide range of printing verticals, ensuring we have the expertise and capabilities to meet your specific needs. Whether you require high-quality labels for branding or sturdy corrugated boxes for safe product transportation, we’ve got you covered. Here’s a closer look at the S.K. Offset verticals:
• Labels: We understand the power of a well-designed label. We offer a variety of label printing solutions, including pressure-sensitive labels, shrink sleeves, and in-mould labels.
• Folding Cartons: Folding cartons are a versatile and cost-effective packaging option. We specialize in creating high-quality folding cartons in various sizes, styles, and finishes.
• Litho Laminated Cartons: Litho lamination combines the strength of corrugated cardboard with the vibrant printing capabilities of litho printing. This results in premium-quality cartons ideal for high-end products or those requiring extra protection.
• Corrugated Cartons: We utilize advanced printing technologies to create corrugated cartons with stunning visuals, ensuring your brand stands out on store shelves.
• Books: From short-run self-published books to large print orders, S.K. Offset is equipped to handle all your book printing needs. We offer high-quality printing on various paper stocks, along with binding options like perfect binding, saddle stitching, and case binding.
Company Excellence
S.K. Offset Ltd isn’t just a printing company; it’s a story of dedication, innovation, and a commitment to exceeding expectations. Established in 2007, we’ve built a legacy of trust by consistently delivering exceptional printing solutions across North India.
What Sets Us Apart:
• Unwavering Commitment to Quality: At S.K. Offset Ltd, quality is paramount. We utilize state-of-the-art printing technology and premium materials to ensure every project meets the highest standards.
• Unmatched Expertise: Our team is comprised of passionate printing specialists with a wealth of experience across various verticals. We combine technical knowledge with creative vision to bring your ideas to life.
• A Collaborative Approach: We believe in fostering strong partnerships with our clients. We take the time to understand your unique needs and work collaboratively to achieve your desired outcome.
• Sustainable Practices: We’re committed to minimizing our environmental impact. We utilize eco-friendly materials and energy-efficient printing processes whenever possible.
Partner with S.K. Offset: Whether you require high-quality labels, innovative packaging solutions, or beautifully printed books, S.K. Offset is your one-stop shop. We offer a comprehensive range of printing services and are dedicated to exceeding your expectations.
1. Basic Issue Overview
-
Issue Type: Bookbuilding SME IPO (100% Fresh Issue)
-
Total Issue Size: 23,25,000 Equity Shares (Aggregating up to ₹29.06 Crore)
-
Fresh Issue Portion: 23,25,000 Equity Shares
-
Offer for Sale (OFS): Nil (0 Shares)
-
Face Value: ₹10 per Equity Share
-
Price Band: ₹119 to ₹125 per Equity Share
-
Lot Size: 1,000 Shares
-
Listing Platform: BSE SME
-
Lead Manager: Comfort Securities Ltd.
-
Registrar: Maashitla Securities Pvt. Ltd.
-
Market Maker: SMC Global Securities Ltd.
2. Important Dates & Timetable (Tentative)
-
IPO Open Date: Wednesday, September 23, 2026
-
IPO Close Date: Friday, September 25, 2026
-
Basis of Allotment: Monday, September 28, 2026
-
Initiation of Refunds: Tuesday, September 29, 2026
-
Credit of Shares to Demat: Tuesday, September 29, 2026
-
Listing Date: Wednesday, September 30, 2026
3. Investment Lot Size & Minimum Application
| Category | Application | Shares | Total Amount (At Upper Band ₹125) |
| Retail (Individual) – Minimum | 2 Lots | 2,000 Shares | ₹2,50,000 |
| Retail (Individual) – Maximum | 2 Lots | 2,000 Shares | ₹2,50,000 |
| Small HNI (sNII) – Minimum | 3 Lots | 3,000 Shares | ₹3,75,000 |
| Small HNI (sNII) – Maximum | 8 Lots | 8,000 Shares | ₹10,00,000 |
| Big HNI (bNII) – Minimum | 9 Lots | 9,000 Shares | ₹11,25,000 |
4. Issue Breakdown & Share Reservation
| Investor Category | Shares Offered | Amount (₹ Crore) | % of Net Issue | % of Total Issue |
| Market Maker Reservation | 1,20,000 | ₹1.50 | — | 5.16% |
| QIB Portion (Total) | 9,00,000 | ₹11.25 | 40.82% | 38.71% |
| — Anchor Investor Portion | 5,40,000 | ₹6.75 | 24.49% | 23.23% |
| — QIB (Excluding Anchor) | 3,60,000 | ₹4.50 | 16.33% | 15.48% |
| NII / HNI Portion (Total) | 3,33,000 | ₹4.16 | 15.10% | 14.32% |
| — bNII (> ₹10 Lakhs) | 2,22,000 | ₹2.78 | 10.07% | 9.55% |
| — sNII (< ₹10 Lakhs) | 1,11,000 | ₹1.39 | 5.03% | 4.77% |
| Retail Portion (RII) | 9,72,000 | ₹12.15 | 44.08% | 41.81% |
| Net Offered to Public | 22,05,000 | ₹27.56 | 100.00% | 94.84% |
| Total Issue Size | 23,25,000 | ₹29.06 | — | 100.00% |
5. Company Background & Business Profile
-
Incorporation: February 2007
-
Headquarters: Meerut, Uttar Pradesh
-
Core Business: Integrated printing, packaging, and labelling solutions.
-
Product Range: Commercial printing (textbooks, journals, brochures), custom packaging (mono cartons, master cartons, boxes), and labelling (product stickers, barcodes, promotional labels).
-
Services: Forward-integrated solutions including graphic design, lithography, digital artwork preparation, and publication services.
-
Workforce: Approximately 111 employees across operations, production, sales, finance, and management.
-
Promoters: Pradeep Agarwal, Priyanshu Agarwal, and Ayush Agarwal.
6. Objects of the Issue (Net Proceeds Utilization)
| Purpose / Allocation Item | Estimated Amount (₹ in Crore) |
| Capital expenditure towards purchase of Plant and Machinery at Meerut | 2.11 |
| Funding incremental working capital requirements | 18.66 |
| General corporate purposes | Balance Amount |
| Total Defined Objects | 20.77 |
7. Financial Performance (Restated)
(Amounts in ₹ Crore)
| Financial Metric | FY 2023-24 (Mar 31, 2024) | FY 2024-25 (Mar 31, 2025) | FY 2025-26 (Mar 31, 2026) |
| Total Income | 23.31 | 48.65 | 67.00 |
| EBITDA | 1.16 | 5.62 | 14.18 |
| Profit After Tax (PAT) | 0.72 | 1.54 | 7.48 |
| Total Assets | 28.85 | 55.77 | 81.76 |
| Net Worth | 4.58 | 7.20 | 19.78 |
| Reserves & Surplus | 3.58 | 5.95 | 14.36 |
| Total Borrowings | 14.70 | 32.35 | 34.58 |
8. Key Performance Indicators (KPI) & Valuation Metrics
-
Return on Equity (ROE): 37.82%
-
Return on Capital Employed (ROCE): 22.91%
-
Return on Net Worth (RoNW): 37.82%
-
PAT Margin: 11.22%
-
EBITDA Margin: 21.27%
-
Debt / Equity Ratio: 1.75
-
Net Asset Value (NAV): ₹36.50 per share
-
Price to Book Value (P/B): 3.42x
-
Pre-IPO EPS: ₹13.80
-
Post-IPO EPS: ₹9.66
-
Post-IPO P/E Ratio: 12.94x
-
Market Capitalization (at Upper Price ₹125): ₹96.79 Crore
9. Shareholding Structure
-
Pre-IPO Promoter Shareholding: 100.00% (54,18,320 shares)
-
Post-IPO Promoter Shareholding: 69.97% (54,18,320 shares)
-
Post-IPO Public Shareholding: 30.03% (23,25,000 shares)
-
Total Post-Issue Share Capital: 77,43,320 shares
10. Company & Issue Contacts
-
Registered Address: 15, Sports Complex Enclave, Delhi Road, Meerut, Uttar Pradesh – 250002.
-
Phone: +91-9258206919
-
Email: compliance@skoffset.com
-
Registrar Phone: +91-11-45121795
-
Registrar Email: ipo@maashitla.com
SEBI Compliance Note: ipoind.com is an independent financial analytics and primary market research portal provided solely for educational and informational purposes. We are NOT a SEBI-registered Investment Advisor or Research Analyst. Financial market investments, equity securities, and Initial Public Offerings (IPOs) carry inherent market risks.
Grey Market Premium (GMP) Notice: Figures regarding Grey Market Premium (GMP), Kostak rates, and subject-to-sauda deals reflect unofficial, unregulated over-the-counter market sentiment. These figures do not guarantee exchange listing prices or actual trading outcomes. Always evaluate official Draft Red Herring Prospectus (DRHP / RHP) documents filed with BSE/NSE and consult a certified financial advisor prior to executing financial bidding decisions.