Super Iron Foundry is set to launch its Rs 68.05 crore IPO. The issue will be open for applications from 11th to 13th March. This fresh issue of 63.01 lakh shares will be listed on the BSE SME platform.
Retail investors need to invest at least Rs 1,29,600, while HNIs must apply for a minimum of Rs 2,59,200 (2,400 shares or 2 lots).
Link Intime India Private Limited is the registrar, Horizon Management Private Limited is the lead manager, and Giriraj Stock Broking Private Limited will act as the Market Maker.
Super Iron Foundry IPO GMP
The latest updated Super Iron Foundry IPO GMP is Rs 15, as of 13th March, 2025 12:45 PM. The IPO has a price band of Rs 108. The estimated listing price for Super Iron Foundry IPO GMP is Rs 123, reflecting a potential gain of 13% per share.
Date | GMP | Expected Listing Price | Last Updated |
13-03-2025 | Rs 15 | Rs 123 | 12:45 PM |
12-03-2025 | Rs 15 | Rs 123 | 10:00 AM |
11-03-2025 | Rs 36 | Rs 144 | 10:00 AM |
10-03-2025 | Rs 0 | Rs 108 | 10:00 AM |
09-03-2025 | Rs 0 | Rs 108 | 10:00 AM |
08-03-2025 | Rs 0 | Rs 108 | 10:30 AM |
Super Iron Foundry IPO Details
Face Value | Rs 10 per Share |
Lot Size | 1,200 Shares |
Issue Price | Rs 108 |
Listing At | BSE SME |
Total Issue Size | 63,01,200 Shares (aggregating up to Rs 68.05 Cr) |
Fresh Issue | 63,01,200 Shares (aggregating up to Rs 68.05 Cr) |
DRHP | Click Here |
RHP | Click Here |
Super Iron Foundry IPO Timeline
Opening – Closing Dates | 11th Mar – 13th Mar |
Cut-off Time for UPI Mandate Approval | 5 PM on 13th Mar |
IPO Allotment | 17th Mar |
Amount Refund | 18th Mar |
Credit of Shares | 18th Mar |
Listing Date | 19th Mar |
Super Iron Foundry IPO Lot Size
Application | Lots | Shares | Amount |
Retail (Min) | 1 | 1,200 | Rs 1,29,600 |
Retail (Max) | 1 | 1,200 | Rs 1,29,600 |
HNI (Min) | 2 | 2,400 | Rs 2,59,200 |
Super Iron Foundry Company Details
Super Iron Foundry Limited, incorporated in July 1988, manufactures municipal, ductile iron pipe fittings, automotive, agricultural, railway castings, and counterweights.
Its products support construction projects, supplying access covers for stormwater, sewerage, telecom, and utility networks.
The company exports globally, adhering to international standards like EN124, with applications in automotive and agricultural equipment for weight balancing and stability.
A modern robotic production facility ensures quality and sustainability, making it a preferred choice for casting solutions.
Major exports go to European and Middle Eastern markets, with key projects in Qatar, UAE, Oman, and Turkey, including FIFA stadiums, airports, and ports.
The Durgapur facility, spanning 20 acres, is ISO 9001:2015 & ISO 14001:2018 certified, producing ductile and grey iron castings for various industries.
Super Iron Foundry Key Finances
Period Ended | 31st Dec, 2024 | 31st Mar, 2024 |
Assets (in Rs Cr.) | 226.62 | 232.32 |
Revenue (in Rs Cr.) | 94.91 | 156.87 |
Profit After Tax (in Rs Cr.) | 9.53 | 3.94 |
Financial Performance:
Revenue: The company generated Rs 94.91 crore in revenue during the period ended on 31st December, 2024.
Net Worth: The company’s net worth, which represents the total value of the company’s assets minus its liabilities, is Rs 70.59 crore.
Financial Position:
Assets: The company’s total assets amounted to Rs 226.62 crore as of December 2024. Assets have grown significantly, indicating potential expansion and investment.
Profit After Tax (PAT): The company generated PAT of Rs 9.53 crore as of December 2024.
Super Iron Foundry IPO FAQs
- What is the issue price of the Super Iron Foundry IPO?
The issue price for the Super Iron Foundry IPO is Rs 108 per share.
- What is the issue size of the Super Iron Foundry IPO?
The total issue size of the IPO is Rs 68.05 crore.
- What is the lot size for the Super Iron Foundry IPO?
Each lot consists of 1,200 shares, with a minimum investment of Rs 1,29,600.
- What are the allotment and listing dates for the Super Iron Foundry IPO?
The allotment is set for 17th March, and the listing is scheduled for 19th March.
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