SK Minerals & Additives Ltd IPO

Strong Capex growth in past 3 years.

Company efforts in transition from sole trading company to manufacturing company.

Ability to provide products as per customer satisfaction.

Ability to scout for new opportunities and capitalising the same.

Consistent track record of growth and financial performance.

Ability to serve diverse customer needs.

We have certain outstanding litigations against us, an adverse outcome of which may adversely affect ourbusiness, reputation and results of operations.

Our manufacturing operations at our facility in Khanna, Ludhiana, Punjab were commenced withoutreceiving prior Consent to Establish from the State Pollution Control Board, which may expose us to regulatoryand compliance-related risks.

We were manufacturing certain products at our manufacturing facility for which we did not have the CTOissued by the State Pollution Control Board.

Our Company has significant purchases of traded goods from the related parties. The higher dependency onpurchases with related parties exposes our Company to risk related to business.

Our revenues are significantly dependent on trading activities, with limited contribution from manufacturingoperations, which exposes us to certain business and operational risks.

A significant portion of our purchases for trading operations comprise imported products, exposing us to globalsupply chain risks, foreign exchange fluctuations, and regulatory uncertainties.

We derive a significant portion of our revenue from our top customer, top 5 customers and top 10 customers.The loss of one or more of such customers, the deterioration of their financial condition or prospects, or areduction in their demand for our products could adversely affect our business, results of operations, financialcondition and cash flows.

We rely on third-party suppliers for our purchases and raw materials, and any disruption in their supply mayadversely affect our business operations.

We have experienced negative cash flows in relation to our operating activities and investing activities for theperiod ended August 31, 2025 and in Fiscal Year 2025, 2024 and 2023. Any negative cash flows in the futurewould adversely affect our results of operations and financial condition.

In the past funds have been blocked by intermediary bank of USA for the advance payment for the purchaseorder placed for goods by our Company, may impact our Companys financial statements in future.