Super Iron Foundry Limited
Super Iron Foundry Limited
Price Band
₹108
Total Issue
₹68.05 Cr
Bid Dates
11 Mar - 13 Mar
Subscription
-
Est. GMP
₹0 (0.00%)
Tentative Timetable
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.
Lot Info
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Individual (Min) | 1 | 1,200 | ₹1,29,600 |
| Individual (Max) | 1 | 1,200 | ₹1,29,600 |
| Others (Min) | 2 | 2,400 | ₹2,59,200 |
Issue Size
Objects of the Issue
A1
A2
A3
Grey Market Premium
| Date | GMP (₹) | Est. Price |
|---|
Super Iron Foundry IPO Peer Comparison
(Rs. in crores)
| 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
Financial Performance
(Rs. in crores)
| 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 |
KPIs
EBITDA
11.85%
PAT
2.55%
ROE
7.22%
ROCE
7.53%
PE Ratio
45.19
PB Ratio
3.15
Mkt Cap (in Crs.)
252.65
- All Ratios are based on Mar 24
- PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.
Shareholding
Promoter
0.26%
Public
99.74%
Management
Subscription Status
Updated as on -
| Category | Sub (x) | Offered | Bids |
|---|
Frequently Asked Questions
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How to apply Super Iron Foundry IPO in Zerodha?
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
How to apply Super Iron Foundry IPO in Groww?
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
How to apply Super Iron Foundry IPO using ASBA?
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select Super Iron Foundry IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date