SK Minerals and Additives' initial public offering (IPO) closed with decent subscription numbers, while Shlokka Dyes, and Sihora Industries public issues managed to sail through on the final day of bidding, i.e. October 14.

Punjab-based SK Minerals that is involved in trading and manufacturing of specialty chemicals, with a primary focus on food and feed additives is raising Rs 41.15 crore via IPO of 32.4 lakh shares with a price band of Rs 120-127 per share.

Its IPO was subscribed 3.35 times during October 10-14, with investors bidding for 77.56 lakh shares against the offer size of 23.17 lakh shares via 2,256 applications.

Non-institutional investors were at the leading position to support the offer subscription, picking 5.56 times their allotted quota, while the portions set aside

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