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Super Iron Foundry Limited IPO Details – Price, Date, GMP & Analysis
Listed
SME
Price Range:
Rs.108.00
Issue Size:
Rs.68.05 Cr
Lot Size:
1 shares
Open Date:
March 11
Super Iron Foundry Limited IPO Overview
Bidding Dates
March 11 - March 13
Min Investment
₹108
Price Range
₹108.00
Issue Size
₹68.05 Cr
IPO DRHP Doc
Company Overview
Incorporated in July 1988, Super Iron Foundry Limited manufactures various castings for municipal, automotive, agricultural, and railway applications. The company exports products globally, meeting international standards. Their modern facility in Durgapur, West Bengal, is ISO certified, ensuring quality and sustainability. They have contributed to significant projects in the Middle East, with consistent demand except during Ramadan.
IPO Timeline
Opens
Mar 11
Closes
Mar 13
Allotment
Mar 17
Refunds
Mar 18
Shares Credit
Mar 18
Listing
Mar 19
Opens
Mar 11
Closes
Mar 13
Allotment
Mar 17
Refunds
Mar 18
Shares Credit
Mar 18
Listing
Mar 19
Latest Subscription Data
| Category | Subscription | Status |
|---|---|---|
| QIB (Qualified Institutional Buyers) | Undersubscribed | |
| NII (Non-Institutional Investors/HNI) | 0.14x | Undersubscribed |
| RII (Retail Individual Investors) | 0.59x | Partially Subscribed |
| Total Subscription | 0.36x | Undersubscribed |
Last updated: Mar 11, 2025, 06:55 PM
Current GMP:
Rs.3
Est. Listing:
Rs.111
Est. Gain:
+2.8%
Star Rating:
★★★★★(1/5)
Financial Information
Financial Data Table
Detailed breakdown of financial metrics across years
| Financial Metric | 2024 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Assets | ₹232.32 Cr | ₹232.32 Cr | ₹209.2 Cr | ₹197.75 Cr |
| Net Worth | ₹56.56 Cr | ₹56.56 Cr | ₹52.62 Cr | ₹51.33 Cr |
| Profit After Tax | ₹3.94 Cr | ₹3.94 Cr | ₹1.28 Cr | ₹0.88 Cr |
| Reserves and Surplus | ₹40.06 Cr | ₹40.06 Cr | ₹36.12 Cr | ₹34.83 Cr |
| Revenue | ₹156.87 Cr | ₹156.87 Cr | ₹126.23 Cr | ₹132.31 Cr |
| Total Borrowing | ₹118.63 Cr | ₹118.63 Cr | ₹120.44 Cr | ₹125.72 Cr |
Financial data is visualized in the chart above
Strengths & Risks Analysis
Key Strengths
Competitive advantages and positive aspects
- Diversified product mix with 500+ customized products.
- Leading global brand for manhole grates and covers.
- Strong presence in Europe and Middle-East markets.
- Rigorous design, quality assurance, and control processes.
- One-stop solution provider for various casting needs.
- Cost-effective production and timely order fulfillment.
- Experienced management team with international expertise.
- Trusted by marquee customers across multiple countries.
IPO Details
Super Iron Foundry IPO Details
| Face Value | ₹10 per share |
| Fresh Issue | 63,01,200 shares (aggregating up to ₹68.05 Cr) |
| IPO Date | March 11, 2025 to March 13, 2025 |
| Issue Price | ₹108 per share |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Listing Date | March 19, 2025 |
| Lot Size | 1,200 Shares |
| Share Holding Post Issue | 2,33,93,673 shares |
| Share Holding Pre Issue | 1,70,92,473 shares |
| Total Issue Size | 63,01,200 shares (aggregating up to ₹68.05 Cr) |
Super Iron Foundry IPO Reservation
Share Reservation Distribution
Other
2,992,800 shares (47.5%)
Retail
2,992,800 shares (47.5%)
Market Maker
315,600 shares (5.01%)
Super Iron Foundry IPO Promoter Holding
| Share Holding Post Issue | 70.53% |
| Share Holding Pre Issue | 96.53% |
Super Iron Foundry IPO Listing Details
| ₹108 per share |
| 544381 |
| INE16IQ01014 |
| March 19, 2025 |
Listing Day Trading Information
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹108.00 |
| High | ₹107.95 |
| Last Trade | ₹102.60 |
| Low | ₹102.60 |
| Open | ₹107.95 |
Key Dates
Open Date:March 11
Close Date:March 13
Listing Date:March 19
