Super Iron Foundry IPO
GMP, Subscription, Price, Dates & Financial Details
Super Iron Foundry Limited (formerly Super Iron Foundry Private Limited) was established on July 15, 1988, in Kolkata, West Bengal, under the Companies Act, 1956. It transitioned from a private to a public limited company in 2024, with its name changed accordingly. Initially inactive, the company…
Open Date
Tue, 11 Mar 2025
Close Date
Thu, 13 Mar 2025
Issue Price
₹ 108
Lot Size
1200
Issue Size
₹ 68.05 Cr
Minimum Investment
₹ 259,200 (2400 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Super Iron Foundry IPO has successfully completed its IPO process and is now listed on BSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a fixed price issue with a total issue size of ₹68.05 Crore, comprising a fresh issue of 63.01 Lakh equity shares aggregating to ₹68.05 Crore.
The Super Iron Foundry IPO remained open for subscription from March 11, 2025, to March 13, 2025. The basis of allotment was finalized on March 17, 2025, and the company's shares were listed on BSE SME Platform on March 19, 2025.
The company had fixed the price at ₹108 per share, with a lot size of 1200 shares. Retail investors were required to make a minimum investment of ₹259,200 (based on the upper price band) to apply for one lot.
MUFG Intime India Private Limited served as the registrar to the issue. acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Super Iron Foundry Limited is now a publicly listed company on BSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Super Iron Foundry IPO Timeline (Tentative)
- IPO Open Date
- Tue, 11 Mar 25
- IPO Close Date
- Thu, 13 Mar 25
- Basis of Allotment
- Mon, 17 Mar 25
- Initiation of Refunds
- Tue, 18 Mar 25
- Credit of Shares to Demat
- Tue, 18 Mar 25
- Listing Date
- Wed, 19 Mar 25 — NSE & BSE
Open Date
11 March 2025
Close Date
13 March 2025
Basis Of Allotment
17 March 2025
Listing Date
19 March 2025
IPO Subscription
Check Live Subscription →The Super Iron Foundry IPO has received bids for 96,79,200 shares against 59,85,600 shares offered, resulting in an overall subscription of 1.62x. the NII category is subscribed 1.44x, Retail Investors 1.79x, and QIBs 0x.
QIB
0x
NII
1.44x
RII
1.79x
Total
1.62x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 29,92,800 shares, representing 50% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 0 shares (%), while Non-Institutional Investors (NIIs) receive 29,92,800 shares (50%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Non-Institutional | 2,992,800 | 50% |
| Retail Investors | 2,992,800 | 50% |
| Total | 5,985,600 | 100% |
Financials Details(₹ in Crores)
| Particular | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 226.62 | 232.32 | 209.2 | 197.75 |
| Revenue | 94.91 | 156.87 | 126.23 | 132.31 |
| Profit After Tax | 9.53 | 3.94 | 1.28 | 0.88 |
| Net Worth | 70.59 | 56.56 | 52.62 | 51.33 |
| Reserve & Surplus | 53.5 | 40.06 | 36.12 | 34.83 |
| Total Borrowings | 110.96 | 118.63 | 120.44 | 125.72 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Super Iron Foundry Limited KPI Information
| Particular | KPI as of Mar 31, 2024. |
|---|---|
| ROE % | 7.22 |
| ROCE % | 7.53 |
| Debt / Equity | 1.57 |
| RoNW % | 6.97 |
| PbW | 3.15 |
| Pat Margin % | 2.55 |
Peers Comparison
No Peer Comparision Available
About Super Iron Foundry Limited
Super Iron Foundry Limited (formerly Super Iron Foundry Private Limited) was established on July 15, 1988, in Kolkata, West Bengal, under the Companies Act, 1956. It transitioned from a private to a public limited company in 2024, with its name changed accordingly. Initially inactive, the company acquired land in 2009 and completed its manufacturing facility in 2013 in Durgapur, West Bengal, marking the start of commercial production.
The company specializes in manufacturing municipal castings, ductile iron pipe fittings, automotive and agricultural castings, railway castings, and cast-iron counterweights. It primarily serves industries involved in roadway construction, stormwater, sewerage, telecom utilities, automotive, agriculture, and infrastructure projects. Products are exported globally, with a strong presence in European and Middle Eastern markets.
Super Iron Foundry’s production facility, covering 20 acres, has a capacity of 72,000 MT annually. It is equipped with modern robotic equipment, ensuring quality, sustainability, and cost-efficiency. The facility is ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certified for quality, safety, and environmental management. The company also holds a Kitemark certification from BSI, United Kingdom.
The company has a strong export clientele, including municipalities, infrastructure companies, and private corporates. Its products are widely used in prominent projects like the Lusail FIFA Stadium, New Hamad Port Project, and various developments in the Middle East. Super Iron Foundry maintains long-term supply agreements, including with Mario Cirino Pomicino SPA in Italy.
The product portfolio includes:
- Municipal Castings
- Ductile Iron Pipe Fittings
- Ductile Iron Automotive Castings
- Ductile Iron Agricultural Castings (rollers and crosskills)
- Railway Castings
- Cast Iron Counterweights
- Screw Piles
Super Iron Foundry’s experienced promoters and management team, with two decades of industry experience, play a vital role in the company’s growth. Their leadership and vision continue to guide the company toward fulfilling increased demand with consistent quality and competitive pricing. The company’s future growth prospects are strong, driven by technological upgrades and its strategic position in global markets.
Super Iron Foundry IPO Promoters
- Abhishek Saklecha
- Akhilesh Saklecha
- Neha Saklecha
- Priyanka Saklecha
- ABI TRADING PRIVATE LIMITED
Promoters Holding
Holding Pre Issue
96.53%
Holding Post Issue
70.53%
Super Iron Foundry IPO Objective
The objects of the Offer are:
(i) Funding of the working capital requirements of our Company.
(ii) Repayment/pre-payment, in full or in part, of certain borrowings availed by our Company.
(iii) General corporate purposes.
Super Iron Foundry Limited Address / Contact Details
Super Iron Foundry Limited
Aspiration Vintage
12, Pretoria Street,1 st Floor, Suite 1B,
Kolkata – 700071
Phone: + 91 334060305
Email: cs@superironfoundry.com
Website: https://www.superironfoundry.com/
IPO Snapshot
Super Iron Foundry IPO Lot Size
The Super Iron Foundry IPO has a lot size of 1,200 shares. Retail investors require a minimum investment of ₹1,29,600 by applying for 1 lot (1,200 shares). The maximum application allowed for the retail category is 1 lots (1,200 shares), requiring an investment of ₹1,29,600.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | 129,600.00 |
| Retail (Max) | 1 | 1,200 | 129,600.00 |
| S-HNI (Min) | 2 | 2,400 | 259,200.00 |
Issue Reservation
- NII — 50%
- RII — 50%
Book Running Lead Managers
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Super Iron Foundry IPO?
Super Iron Foundry IPO is a Fixed price IPO with a total issue size of ₹68.05 crore. The Super Iron Foundry IPO price band is ₹108 to 108 per share. The Super Iron Foundry IPO subscription opens on Tue, Mar 11, 2025, and closes on Thu, Mar 13, 2025. The Super Iron Foundry IPO will be listed on the BSE. MUFG Intime India Private Limited is the registrar for the Super Iron Foundry IPO.
When will the Super Iron Foundry IPO open for subscription?
The Super Iron Foundry IPO opens on Tue, Mar 11, 2025 and closes on Thu, Mar 13, 2025
What is Super Iron Foundry IPO Price Band?
Super Iron Foundry IPO Price Band is ₹108 to 108 per share.
What is Super Iron Foundry IPO Lot Size?
Super Iron Foundry IPO lot size is 1200 shares, Retail investors need a minimum investment of ₹259200 based on the upper price band
What is the minimum investment for Super Iron Foundry IPO?
The minimum investment for Super Iron Foundry IPO is ₹259200, based on one lot of 1200 shares at the upper price band of ₹108 per share.
How to apply for Super Iron Foundry IPO?
Investors can apply for the Super Iron Foundry IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Thu, Mar 13, 2025. The application amount remains blocked until the Super Iron Foundry IPO allotment is finalized.
What is Super Iron Foundry IPO Issue Size?
Super Iron Foundry IPO issue size is ₹68.05 crores.
What is the Super Iron Foundry IPO Allotment Date?
Super Iron Foundry IPO allotment date is Mon, Mar 17, 2025.
Who is the Super Iron Foundry IPO Registrar?
The registrar for Super Iron Foundry IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Super Iron Foundry IPO allotment status, refund processing, and other IPO-related information.
What is the Super Iron Foundry IPO GMP?
The Super Iron Foundry IPO GMP (Grey Market Premium) is ₹3 as of Wed, Mar 19, 2025. Based on the upper price band of ₹108 per share, the estimated Super Iron Foundry IPO listing price is ₹111, indicating a potential listing gain of approximately 2.78% over the issue price.
Who is the Super Iron Foundry IPO Lead Manager?
The book-running lead managers (BRLMs) for the Super Iron Foundry IPO are . The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Super Iron Foundry IPO Red Herring Prospectus (RHP).