Super Iron Foundry is one of India’s oldest manufacturers of Grey Iron Castings, specializing in products such as municipal castings, ductile iron pipe fittings, automotive castings, agricultural castings (including rollers and crosskills), railway castings, and cast-iron counterweights. Operating on a B2B business model, the company primarily serves roadway construction and infrastructure projects, providing solutions for stormwater, sewerage, telecom, and other utility networks.

The company focuses heavily on exports, with 95% of its products shipped to European and Middle Eastern markets. Key export destinations include Italy, Greece, Germany, Qatar, the UAE, Romania, Saudi Arabia, and others.

The IPO for Super Iron Foundry is scheduled to open on March 11, 2025, and will close on March 13, 2025. The price band for the IPO is set at ₹108 per share. The allocation includes a 50% quota for retail investors and a 50% quota for high-net-worth individuals (HNIs), with no quota reserved for qualified institutional buyers (QIBs). The shares are expected to be listed on the BSE on March 19, 2025. The allotment date for the IPO is March 17, 2025.

In terms of financial performance, the company reported a revenue of ₹156.87 crores in 2024, up from ₹126.23 crores in 2023. Its profits also saw significant growth, rising to ₹3.94 crores in 2024 compared to ₹1.28 crores in the previous year.

Super Iron Foundry IPO Details

IPO Open Date:	March 11, 2025
IPO Close Date:	March 13, 2025
Face Value:	₹10 Per Equity Share
IPO Price Band:	₹108 Per Share
Issue Size:	Approx ₹68.05 Crores
Fresh Issue:	Approx ₹68.05 Crores
IPO Listing:	BSE SME
Retail Quota:	Not more than 35%
QIB Quota:	Not more than 50%
NII Quota:	Not more than 15%

Super Iron Foundry IPO Timeline

IPO Open Date:	March 11, 2025
IPO Close Date:	March 13, 2025
Basis of Allotment:	March 17, 2025
Refunds:	March 18, 2025
Credit to Demat Account:	March 18, 2025
IPO Listing Date:	March 19, 2025

Super Iron Foundry IPO SME IPO Lots

SME IPO Activity	Date
Issue Price	₹108.00
Market Lot:	1,200 Shares
1 Lot Amount:	₹1,29,600
Min HNI Lots:	2400 shares (2 lots) – ₹2,59,200

Super Iron Foundry Ltd: Financial Overview & Key Metrics

Period Ended	31 Dec 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	226.62	232.32	209.2	197.75
Revenue	94.91	156.87	126.23	132.31
Profit After Tax	9.53	3.94	1.28	0.88
Net Worth	70.59	56.56	52.62	51.33
Reserves and Surplus	53.5	40.06	36.12	34.83
Total Borrowing	110.96	118.63	120.44	125.72

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Super Iron Foundry IPO: Date, Price, GMP & Allotment Details