Super Iron Foundry Limited IPO is opening for subscription on 11 March 2025 and you can subscribe to it until 13 March 2025. This SME IPO is raising ₹68.05 crore from a fresh issue of 63.01 lakh shares.
The Super Iron Foundry IPO allotment date will be finalized on Monday, 17 March 2025. Super Iron Foundry shares will probably be listed on BSE SME on Wednesday, 19 March 2025.
Super Iron Foundry IPO is a fixed price IPO at ₹108 per share. The minimum number of shares or the lot size is 1200, making the minimum investment requirement for retail investors is ₹129600. The minimum lot size and investment amount for the HNIs is 2 lots, amounting to a minimum investment of ₹259200.
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Super Iron Foundry BSE SME IPO Details
Detail | Information |
IPO Opening Date | March 11, 2025 |
IPO Closing Date | March 13, 2025 |
Tentative IPO Listing Date | March 19, 2025 |
Face Value | ₹10 per share |
Price Range | ₹108 per share |
Lot Size | 1200 shares |
Total Issue Size | 6301200 Shares (₹68.05 Cr.) |
Fresh Issue | 6301200 Shares (₹68.05 Cr.) |
IPO Segment | Fixed Price Issue IPO |
Listing At | BSE SME |
Share Holding Pre-Issue | 17092473 shares |
Share Holding Post-Issue | 23393673 shares |
Super Iron Foundry Limited | Company Overview
Super Iron Foundry Limited was started back in 1988, which manufactures different castings and fittings equipment. The firm has a product portfolio which includes –
- Municipal castings
- Ductile iron pipes fittings
- Automotive castings
- Agricultural castings
- Cast-iron counterweights
- Railway castings
- Screw piles
The market of Super Iron Foundry is not limited to India, it exports its products to the global market, especially to the middle eastern countries and European countries. It meets the international standards such as EN124 and others.
Some of the significant projects in which the products of this firm have been put to use include –
- New Hamad Port Project
- New Turkish Air Base
- Oman Airport Expansion
- Lusail FIFA Stadium
- Dubai South
- AI Barwah in Doha
The manufacturing unit of the company is located in Durgapur, West Bengal, which spreads across 20 acres of land, and the warehouse is also located here. The manufacturing facility is certified for safety, quality, environmental management and health as well. The certification it has includes ISO 9001:2015 and ISO 14001:2018.
The firm mainly caters to the municipal corporations, automotive industry, waterworks, sanitary work, railways, and also to the electrical transmission and distribution work.
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Super Iron Foundry Limited IPO | Key Details
- Super Iron Foundry IPO Opening Date: March 11, 2025,
- Super Iron Foundry IPO Closing Date: March 13, 2025.
- Allotment Date: March 17, 2025
- Price Band: ₹108 per share
- Lot Size: 1200 shares
- Refunds Initiated: March 18, 2025
- Shares Credited to Demat: March 18, 2025
- Listing Date: March 19, 2025
- Super Iron Foundry IPO Subscription Status:
Super Iron Foundry Ltd: Financial Overview
Super Iron Foundry Limited witnessed a whopping jump of 207.8% in its PAT in FY24, while its revenue increased only by 24.27% during that fiscal.
Here are the details of the financials of the firm –
Financial Information | 31-Mar-24 | 31-Mar-23 | Change | Change (%) |
Assets | 232.32 | 209.2 | 23.12 | 11.05162524 |
Revenue | 156.87 | 126.23 | 30.64 | 24.27315218 |
Profit After Tax | 3.94 | 1.28 | 2.66 | 207.8125 |
Net Worth | 56.56 | 52.62 | 3.94 | 7.487647282 |
Reserve & Surplus | 40.06 | 36.12 | 3.94 | 10.90808416 |
Total Borrowing | 118.63 | 120.44 | -1.81 | -1.50282298 |
Super Iron Foundry Ltd IPO | FAQs
Super Iron Foundry Ltd manufactures different castings and fittings for municipal works like waterworks, sanitary, railways, agriculture and others.
The tentative IPO listing date of Super Iron Foundry has been fixed as Wednesday, March 19, 2025.
The bidding date for the Super Iron Foundry IPO is March 11, 2025, and it will continue until March 13, 2025.
The minimum IPO lot size for Super Iron Foundry is 1200 shares and for HNIs, it is 2 lots.
The IPO allotment is expected to be finalized on Monday, March 17, 2025.
The IPO face value is set at ₹10 per share.