Super Iron Foundry Limited
Super Iron Foundry Limited
SME BSE SME Fixed Price
Closed

Price Band

₹108

Total Issue

₹68 Cr

Bid Dates

11 Mar - 13 Mar

Subscription

0.00x

Listing Price

₹107 (-0.93%)

Website RHP Check Allotment

Valuation

Market Cap

₹252.65 Cr

P/E Ratio

45.19x

P/B Ratio

3.15x

Super Iron Foundry IPO Dates

Open
Close
Allotment
Refunds
Credit
Listing

Conflicting IPOs

IPOs with overlapping timeline

PDP Shipping & Projects IPO

Mar 10 - Mar 12

Business Overview

SUPER IRON FOUNDRY LIMITED is a global manufacturer and exporter specializing in high-quality iron and steel castings, particularly access covers and gully grates used in roadway and infrastructure construction. Their products, compliant with international standards like EN124, are widely used to cover stormwater, sewerage, telecom, and utility networks.

In addition to municipal castings, the company produces ductile iron fittings, automotive and agricultural castings, railway components, and cast-iron counterweights. These are vital in sectors requiring durability, weight balancing, and stability.

With a modern, robotics-enabled production facility and a strong focus on quality and sustainability, SUPER IRON FOUNDRY LIMITED offers a comprehensive, one-stop casting solution trusted by clients worldwide.

Lots & IPO Size

Super Iron Foundry IPO Lot Size

Lot Information for Super Iron Foundry IPO
Category Lots Shares Amount
Ind (Min) 1 1,200 ₹1,29,600
Ind (Max) 1 1,200 ₹1,29,600
Others (Min) 2 2,400 ₹2,59,200
Allocate Funds
Market Maker
3,15,600 EQ Share
Employee
₹0.00
Shareholder
₹0.00

Super Iron Foundry IPO Size

Total ₹68 Cr
Fresh Issue
₹68 Cr (0.63 Cr Shares)
Offer For Sale
₹0 (0.00 Shares)

Objects of Issue

  1. Funding of the working capital requirements of our Company
  2. Repayment/pre-payment, in full or in part, of certain borrowings availed by our Company
  3. General corporate purposes

Super Iron Foundry IPO Live Subscription

Updated as on -

Super Iron Foundry IPO Subscription Status
Category Sub (x) Offered Bids
Retail 0.00x 29,92,800 0
Others 0.00x 29,92,800 0
Total 0.00x 59,85,600 0

Super Iron Foundry IPO Details Live GMP

GMP ₹0
Est. Price ₹108
Est. Gain 0.00%

Super Iron Foundry IPO Peer Comparison

(Rs. in crores)

Super Iron Foundry IPO Peer Comparison Table
Particulars Co. Bhagwati Autocast Universal Auto Foundry
Revenue from Ops (in Crs.) 154.83 134.21 202.51
PAT (In Crs.) 3.94 7.04 4.89
EPS - Basic 2.39 24.10 3.93
NAV per share 34.28 142.00 58.66
RONW 6.97% 18.40% 6.70%
EBITDA 11.85% 9.82% 7.83%
PAT Margin 2.55% 5.22% 2.41%
Price to earning (PE) 45.19 20.40 79.10
  • All the information pertains to FY 2023-24
  • The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of March 31, 2024 for Peers

Super Iron Foundry IPO Financial Performance

(Rs. in crores)

Financial Performance Metrics for Super Iron Foundry IPO
Particulars Dec-24 Mar-24 Mar-23 Mar-22
Revenue from Operations 87.20 154.83 124.80 132.16
Profit after Tax 9.53 3.94 1.28 0.88
Net Worth 70.59 56.56 52.62 51.33
Total Borrowing 110.96 118.63 120.44 125.72
Total Assets 226.62 232.32 209.20 197.75
NAV per share (in ₹) 41.30 34.28 31.89 31.11
EPS - Basic (in ₹) 5.57 2.39 0.78 0.53

Key Performance Indicators (KPIs)

EBITDA

11.85%

PAT

2.55%

ROE

7.22%

ROCE

7.53%

  • All Ratios are based on Mar 24
  • PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.

Promoter Holding

Promoter

0.26%

Public

99.74%

ABI Trading Private Limited 94.80%
Akhilesh Saklecha 0.60%
Abhishek Saklecha 0.60%
Neha Saklecha 0.26%

Management

Akhilesh Saklecha
Chairman & MD
Lakshmi Nivas Pandey
CFO

Registrar & Lead Managers

Registrar

MUFG Intime India

Lead Managers (1)

Horizon Management

Company Details

Name : Super Iron Foundry Limited

Address : Aspiration Vintage 12, Pretoria Street, 1st Floor, Suite 1B, Kolkata – 700 071

Number : + 91 33 4060 3050

Email : cs@superironfoundry.com

Website : www.superironfoundry.com

Frequently Asked Questions (FAQs)

What is Super Iron Foundry IPO?
Super Iron Foundry IPO is a SME IPO having an issue size of ₹68 Crs. Super Iron Foundry IPO is priced at ₹108 - ₹108 per share. The issue opens on 11 Mar 25 and closes on 13 Mar 25.
When will Super Iron Foundry IPO open?
Super Iron Foundry IPO opens on 11 Mar 25 and closes on 13 Mar 25.
What is the GMP of Super Iron Foundry IPO?
The estimated Grey Market Premium of Super Iron Foundry IPO is ₹0 per share (0.00%).
What is the lot size of Super Iron Foundry IPO?
The minimum lot size of Super Iron Foundry IPO is 1200 shares & the minimum application amount is Rs. 129600.
When is the allotment of Super Iron Foundry IPO?
The allotment date of Super Iron Foundry IPO is 17 Mar 25.
What is the listing date of Super Iron Foundry IPO?
The listing date of Super Iron Foundry IPO is 19 Mar 25.
What is the subscription of Super Iron Foundry IPO?
Super Iron Foundry IPO is subscribed -.
What is the price band of Super Iron Foundry IPO?
Super Iron Foundry IPO is priced at ₹108 - ₹108 per share.
How to check allotment status of Super Iron Foundry IPO?
Click the allotment link on Super Iron Foundry IPO page of IPO360.
How to apply Super Iron Foundry IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Super Iron Foundry IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Super Iron Foundry IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Super Iron Foundry IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date

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