Super Iron Foundry IPO Details
The Super Iron Foundry IPO is a fixed price issue with a total issue size of ₹68.05 cr, comprising of fresh issue of 6301200 equity shares. Super Iron Foundry IPO opened for subscription on Mar 11, 2025 and closed on Mar 13, 2025. Super Iron Foundry IPO has set the price at ₹108 per share, with a lot size of 1200 shares. Minimum investment for Retail investors was ₹259,200.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Mar 17, 2025, and listed on both the NSE and BSE on Mar 19, 2025.
MUFG Intime India Private Limited has been appointed as the registrar. are the Book Running Lead Manager for the issue.
Before investing in the Super Iron Foundry IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 108 – 108
- Lot Size
- 1200
- Issue Size
- ₹68.05 Cr
- Minimum Investment
- ₹259200 (2400 Shares)
- Listing Date
- 19 March 2025
Current GMP
₹3 (+2.78%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
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.
Address / Contact Info
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
Book Running Lead Managers
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an 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.
The Super Iron Foundry IPO opens on Tue, Mar 11, 2025 and closes on Thu, Mar 13, 2025
Super Iron Foundry IPO Price Band is ₹108 to 108 per share.
Super Iron Foundry IPO lot size is 1200 shares, Retail investors need a minimum investment of ₹259200 based on the upper price band
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.
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.
Super Iron Foundry IPO issue size is ₹68.05 crores.
Super Iron Foundry IPO allotment date is Wed, Jul 1, 2026.
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.
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 0% over the issue price.