
Super Iron Foundry
BSE SME₹129,600 / 1200 Shares
IPO Live Subscription Details (times)
IPO Details
Super Iron Foundry IPO is priced between ₹108 per equity share, with a face value of ₹10 per share. The company's equity shares will be listed on the BSE SME, and Link Intime India Private Ltd is managing the issue as the registrar.
The IPO bidding period opened on 11 Mar, 2025, and closed on 13 Mar, 2025. The allotment results will be announced on 17 Mar, 2025, with a tentative listing date set for 19 Mar, 2025.
The total issue comprises 63,01,200 shares, amounting to ₹68.05 Cr.
Super Iron Foundry IPO Highlights
IPO Date | Listing Date | Face Value | Price Band | Lot Size | Fresh Issue | Offer for Sale | Listing At |
---|---|---|---|---|---|---|---|
Mar 11, 2025 - Mar 13, 2025 | 19 Mar, 2025 | ₹10 Per Equity Share | ₹108 per equity share | - | Shares | - | BSE SME |
Super Iron Foundry IPO Timeline
Issue Price
₹108 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Link Intime India Private LtdMarket Lot
1200 Shares (₹129,600/-)Lead Manager
Horizon Management Private LimitedIssue Size
63,01,200 shares(aggregating up to ₹68.05 Cr)Retail Portion
50%Subscription
1.62 timesSuper Iron Foundry IPO Financial Information
Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
---|---|---|---|---|---|---|
31 Dec 24 | 226.62 | 94.91 | 9.53 | 70.59 | 53.5 | 110.96 |
31 Mar 24 | 232.32 | 156.87 | 3.94 | 56.56 | 40.06 | 118.63 |
31 Mar 23 | 209.2 | 126.23 | 1.28 | 52.62 | 36.12 | 120.44 |
31 Mar 22 | 197.75 | 132.31 | 0.88 | 51.33 | 34.83 | 125.72 |
All values are in ₹ Cr.
Super Iron Foundry IPO Valuations
EPS PRE IPO ₹2.31/- | EPS POST IPO ₹5.43/- | PE PRE IPO 46.84 | PE POST IPO 19.89 | ROE 7.53% |
ROCE 7.22% | DEBT EQUITY 6.26 | RONW 6.97% | PAT MARGIN - | PRICE TO BOOK VALUE 3.15 |
About Company
Super Iron Foundry Limited incorporated in 1988 produces municipal castings, ductile iron pipe fittings, automotive castings, agricultural castings (rollers and crosskills), railway castings, and cast-iron counterweights.The products of the company find its way into major construction projects to provide access covers for stormwater, sewerage, telecommunications, and other utility networks.
The products of the company are:-
Municipal Castings
Ductile Iron Pipe Fittings
Ductile Iron Automotive Castings
Ductile Iron Agricultural Castings – rollers and crosskills
Railway Castings
Cast Iron Counterweights
Screw Piles
The company produces and exports covers around the world in accordance with international standards such as EN124. The applications of the company products are automotive and agricultural machinery with emphasis on balancing weight and stability.The high-tech robotic factory ensures quality and sustainability, leading us to become the customer favorite for a single-stop solution to all casting needs.
The products of the company are exported to European and Middle Eastern countries.The Company has supplied design solutions and castings for high-end Middle East projects like the New Hamad Port Project, New Turkish Air Base, Oman's Airport expansion, Dubai South, Lusail FIFA Stadium, and Al Barwah in Doha. Middle East business does not know seasonality except during Ramadan when the construction takes a slowdown.
The company's manufacturing unit and warehouse is located in Durgapur, West Bengal, on approximately 20 acres.The plant is ISO 9001: 2015 and ISO 14001: 2018 quality, health, safety, and environmental management certified, and they manufacture ductile and grey iron castings for municipal, sanitary, automotive, agricultural, waterworks, railway, and electrical transmission and distribution.
Super Iron Foundry IPO Subscription Details
As on | QIB/NII | Retail | Total |
---|---|---|---|
Shares Offered / Reserved | 29,92,800 | 29,92,800 | 59,85,600 |
Day 1 - 11-03-25 06:00 PM | 0.14 x | 0.59 x | 0.36 x |
Day 2 - 12-03-25 06:00 PM | 0.06 x | 0.84 x | 0.45 x |
Day 3 - 13-03-25 06:00 PM | 1.44 x | 1.79 x | 1.62 x |
Super Iron Foundry IPO - Issue Objectives
- 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
Aspiration Vintage, 12, Pretoria Street,1 st Floor, Suite 1B, Kolkata – 700071Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: superiron.smeipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html