Super Iron Foundry IPO Details
IPO Open Date: | March 11, 2025 |
IPO Close Date: | March 13, 2025 |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹108 Per Share |
Issue Size: | Approx ₹68.05 Crores |
Fresh Issue: | Approx ₹68.05 Crores |
Issue Type: | Fixed Price Issue |
IPO Listing: | BSE SME |
Retail Quota: | Not more than 35% |
QIB Quota: | Not more than 50% |
NII Quota: | Not more than 15% |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Anchor Investors List: | Click Here |
Super Iron Foundry IPO Market Lot
The Super Iron Foundry IPO minimum market lot is 1200 shares with ₹1,29,600 application amount.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 1,200 | ₹1,29,600 |
Retail Maximum | 1 | 1,200 | ₹1,29,600 |
S-HNI Minimum | 2 | 2,400 | ₹2,59,200 |
Super Iron Foundry IPO Dates
The Super Iron Foundry IPO date is March 11 and the close date is March 13. The Super Iron Foundry IPO allotment will be finalized on March 17 and the IPO listing on March 19.
IPO Open Date: | March 11, 2025 |
IPO Close Date: | March 13, 2025 |
Basis of Allotment: | March 17, 2025 |
Refunds: | March 18, 2025 |
Credit to Demat Account: | March 18, 2025 |
IPO Listing Date: | March 19, 2025 |
Promoters of Super Iron Foundry IPO
The promoters of the company are Abhishek Saklecha, Akhilesh Saklecha, Neha Saklecha and Priyanka Saklecha.
About Super Iron Foundry IPO
Super Iron Foundry was founded in 1977, and after that they have started a works in the iron and steel industry, focusing on making municipal castings, ductile iron pipe fittings, ductile iron parts for automotive and agricultural equipment, cast-iron counterweights, and access covers and gully grates for road construction. Moreover, its products are also used in the automotive and agricultural machinery sectors. Further, the company has a manufacturing plant and warehouse, which is located in Burdwan, West Bengal, with an annual production capacity of 72,000 metric tons. USA, Canada, UK, Germany, Austria, Czech Republic, Poland, Finland, Switzerland, France, Greece, Cyprus, UAE, Oman, Qatar, Kuwait, Saudi Arabia, Australia, New Zealand, are the current exporting cities, in which they are exporting nowadays.
Super Iron Foundry IPO Company Financial Report
The company reported revenue of ₹156.87 crores in 2024 against ₹126.23 crore in 2023. The company reported profit of ₹3.94 crores in 2024 against profit of ₹1.28 crores in 2023.
Amount ₹ in Crores
Period Ended | Revenue | Expense | Profit After Tax | Assets |
2022 | ₹132.31 | ₹130.81 | ₹0.88 | ₹197.75 |
2023 | ₹126.23 | ₹124.44 | ₹1.28 | ₹209.2 |
2024 | ₹156.87 | ₹152.15 | ₹3.94 | ₹232.32 |
December 2024 | ₹94.91 | ₹82.18 | ₹9.53 | ₹226.62 |
Super Iron Foundry IPO Valuation – FY2024
Check Super Iron Foundry IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
KPI | Values |
ROE: | 7.22% |
ROCE: | 7.53% |
EBITDA Margin: | 11.85% |
PAT Margin: | 2.55% |
Debt to equity ratio: | 6.26 |
Earning Per Share (EPS): | ₹2.39 (Basic) |
Price/Earning P/E Ratio: | 45.19 |
Return on Net Worth (RoNW): | 6.97% |
Net Asset Value (NAV): | ₹34.28 |
Peer Group Comparison
Company | EPS | PE Ratio | RoNW % | NAV | Income |
Bhagwati Autocast Limited | 24.10 | 20.40 | 18.40 | 142 | 134.21 Cr. |
Universal Auto Foundry Limited | 3.93 | 79.10 | 6.70 | 58.66 | 202.50 Cr. |
Objects of the Issue
- Funding of working capital requirements of the company
- Repayment/pre-payment, in full or in part, of certain borrowings availed by the Company
- General corporate purposes
Super Iron Foundry IPO Review
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Super Iron Foundry IPO Registrar
MUFG Intime India Private Limited
Phone: +91-22-4918 6270
Email: superiron.smeipo@linkintime.co.in
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
IPO Lead Managers aka Merchant Bankers
- Horizon Management Private Limited
Company Address
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/
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