Super Iron Foundry IPO subscription started on Tuesday, March 11, 2025, and will close on March 13, 2025, as per the schedule. The price band is set at ₹108 per share with a face value of ₹10 each.
Super Iron Foundry IPO Subscription Status
Super Iron Foundry IPO Subscribed over 1.56x on its Last day till 05.00 PM on 13th March 2025.
- Super Iron Foundry IPO subscription QIB investors portion is 0x times, while NII subscribed 1.34x times and RII investors subscribed 1.79x times.
- The company has received bids for 93,63,600 shares against 59,85,601 shares on offer on the last day.
- Super Iron Foundry IPO Subscribed over 0.36x on day 1.
- Super Iron Foundry IPO Subscribed over 0.45x on day 2.
About Super Iron Foundry IPO
Super Iron Foundry was founded in 1977, and after that, they have started working 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.
Super Iron Foundry IPO GMP:
Super Iron Foundry IPO GMP was ₹15 as of Thursday, 13th March. That indicates the IPO is trading at ₹123 with ₹15 premium in the grey market against the issue price of ₹108.
