S. K. Offset Ltd
SKOFFSET S. K. Offset Ltd
BSE IPO
Bidding dates23 Sep 2026 - 25 Sep 2026
Price range₹119 - ₹125
Min. investmentAwaiting
Issue size29.06 Cr
Lot sizeAwaiting
IPO DocRHP
IPO Timeline
Start date
23 Sep 2026
End date
25 Sep 2026
Allotment date
28 Sep 2026
Refund initiation
29 Sep 2026
Share credit
29 Sep 2026
Deactivate mandate
30 Sep 2026
About company
Incorporated in February 2007, S. K. Offset Limited is engaged in providing integrated printing and packaging solutions.The Company started its operations with offset printing and has gradually expanded into labelling and packaging solutions. Its printing services include books, textbooks, brochures, catalogues, stationery, pamphlets, magazines, journals and other commercial printing requirements. The Company also undertakes designing, graphics, lithography and publication-related activities.
The Company's product offerings are classified into Printing, Packaging and Labelling. Its packaging portfolio includes mono cartons, master cartons, boxes and other customised packaging products, while its labelling business covers stickers, product labels, barcodes and promotional materials in different sizes, formats and finishes. The Company also provides digital design services for packaging artwork, layout preparation, colour formatting and print-ready files.
The Company has undertaken forward integration across printing, packaging and labelling, enabling customers to source multiple products from a single supplier. It also trades, imports and exports printing and packaging materials such as paper, paperboard, foils and inks. Its integrated operations support product diversification and manufacturing capacity utilisation across different customer requirements.The Company serves customers across multiple industries and operates with an in-house production and operational structure.
As of the date of the Red Herring Prospectus, the Company had approximately 111 employees, comprising skilled, semi-skilled and unskilled personnel across production, administration, sales and marketing, finance, stock management and other functions.
Founded in 2007
Managing director Pradeep Agarwal
Parent organisation S.K.Offset IPO
Invest in S. K. Offset Ltd now!
Strengths and Risks
Strengths
The company has scaled its top and bottom lines aggressively. Total revenue surged from ?21.53 crores in FY24 to ?66.67 crores in FY26, while Profit After Tax (PAT) expanded sharply from ?0.72 crore to ?7.48 crores over the same period.
For FY26, S.K. Offset posted an EBITDA margin of 21.27% and a PAT margin of 11.22%. Capital efficiency metrics are strong, with a Return on Equity (ROE) / RoNW of 37.82% and a Return on Capital Employed (ROCE) of 22.91%.
The company operates specialized internal converting processes (pre-press, printing, finishing) and holds multiple quality certifications (including ISO 14001, ISO 45001, and FSC-compliant responsible sourcing).
Risks
The company depends heavily on a select cluster of institutional relationships. Its top clients and raw material suppliers account for a dominant share of business without long-term binding agreements, making the order book susceptible to sudden volume changes.
Total borrowings increased to ?34.58 crores by FY26, resulting in a relatively high Debt-to-Equity ratio of 1.75x. The business demands heavy working capital commitments (reflected in the large portion of IPO funds allocated toward working capital).
The company services sectors like education (textbooks) and consumer packaging, exposing it to seasonal and discretionary demand volatility.
Explore our feature-rich web trading platform
Get the link to download the App
