Super Iron Foundry IPO Date, Review, Price, Allotment Details

Super Iron Foundry IPO open date is March 11, 2025 and the IPO will close on March 13, 2025. Super Iron Foundry IPO is a Fixed Price Issue. The company to raise around ₹68.05 crores via IPO that comprises fresh issue of ₹68.05 crores and offer for sale up to [.] equity shares with face value of ₹10 each.

Super Iron Foundry IPO price band is ₹108 per share. The retail quota is 50%, QIB is 00%, and HNI is 50%. Super Iron Foundry IPO to list on BSE on March 19, 2025. The allotment of Super Iron Foundry IPO date is March 17, 2025.

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. As per the financials the IPO investors should apply the IPO for a long term.

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.

ApplicationLot SizeSharesAmount
Retail Minimum11,200₹1,29,600
Retail Maximum11,200₹1,29,600
S-HNI Minimum22,400₹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 EndedRevenueExpenseProfit After TaxAssets
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.

KPIValues
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

CompanyEPSPE RatioRoNW %NAVIncome
Bhagwati Autocast Limited24.1020.4018.40142134.21 Cr.
Universal Auto Foundry Limited3.9379.106.7058.66202.50 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/

Super Iron Foundry IPO FAQs

What is Super Iron Foundry IPO?

Super Iron Foundry IPO is a SME IPO. The company is going to raise ₹68.05 Crores via IPO. The issue is priced at ₹108 per equity share. The IPO is to be listed on BSE.

When Super Iron Foundry IPO will open for subscription?

The IPO is to open on March 11, 2025 for QIB, NII, and Retail Investors. The IPO will close on March 13, 2025.

What is Super Iron Foundry IPO Investors Portion?

The investors’ portion for QIB is 00%, NII is 50%, and Retail is 50%.

How to Apply the Super Iron Foundry IPO?

You can apply for Super Iron Foundry IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is Super Iron Foundry IPO Issue Size?

Super Iron Foundry IPO issue size is ₹68.05 crores.

What is Super Iron Foundry IPO Price Band?

Super Iron Foundry IPO Price Band is ₹108.

What is Super Iron Foundry IPO Lot Size?

The minimum bid is 1200 Shares with ₹1,29,600 amount.

What is the Super Iron Foundry IPO Allotment Date?

Super Iron Foundry IPO allotment date is March 17, 2025.

What is the Super Iron Foundry IPO Listing Date?

Super Iron Foundry IPO listing date is March 19, 2025. The IPO is to list on BSE.

Note: The Super Iron Foundry IPO price band and date are officially announced. The (Super Iron Foundry IPO grey market premium) will be added to the IPO GMP page as it will start).
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