Super Iron Foundry IPO

Super Iron Foundry is a BSE SME IPO listed on the BSE SME platform, priced at ₹108 per share. The stock debuted at ₹107.95 with a flat listing performance. The IPO had a lot size of ₹1200 shares and a minimum investment of ₹1,29,600.

Super Iron Foundry Limited IPO

BSE SME Listed
₹1,29,600 (1200 Shares)
Minimum Investment
Check Allotment
IPO Dates
Mar 11, 2025 – Mar 13, 2025
Price band
₹108 per equity share
Minimum Investment
₹1,29,600
Issue size
₹68.05 Cr
Lot size
1200
Allotment Date
Mar 17, 2025
Listing
Mar 19, 2025
Listing At
BSE SME

IPO timeline

  1. Mar 11, 2025

    Open Date

    Completed

  2. Mar 13, 2025

    Close Date

    Completed

  3. Mar 17, 2025

    Allotment Date

    Completed

  4. Mar 19, 2025

    Listing Date

    Completed

Super Iron Foundry IPO Essentials

Super Iron Foundry IPO Details

Super Iron Foundry IPO is priced at ₹108 per share with a total issue size of 68.05 crore. The IPO has a lot size of 1200 shares and is listed on BSE SME.

Issue price
₹108 per equity share
Lot size
1200 shares
Face value
₹10 Per Equity Share
Issue size
63,01,200 shares(aggregating up to ₹68.05 Cr)
Total issue size
63,01,200 shares
(aggregating up to ₹68.05 crore)
Fresh issue
63,01,200 shares
(aggregating up to ₹68.05 crore)
Listing at
BSE SME
List price
107.95
Listing date
Registrar
Link Intime India Private Ltd
Lead manager
Horizon Management Private Limited

Market Lot Size

Investors can bid for a minimum of 1200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (min) 1 1200 ₹1,29,600
Retail(max) 1 1200 ₹1,29,600
NII (min) 2 1,200 ₹2,59,200

Super Iron Foundry IPO Documents

Super Iron Foundry IPO Reservation

Super Iron Foundry IPO reservation details show category-wise allocation of shares. Out of the total 63,01,200 shares, approximately 47.5% for retail investors, and 5.01% for market maker.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered NA (NA%)
Market Maker Shares Offered 3,15,600 (5.01%)
Retail Shares Offered 29,92,800 (47.5%)
Total Shares Offered 63,01,200 (100%)

Super Iron Foundry IPO Analytics

Super Iron Foundry IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Super Iron Foundry IPO Subscription Status

Super Iron Foundry IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

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 Valuations

Earnings

EPS Pre IPO
₹2.31/-
EPS Post IPO
₹5.43/-
P/E Pre IPO
46.84
P/E Post IPO
19.89

Returns

ROE
7.53%
ROCE
7.22%
RoNW
6.97%

Fundamentals

Debt / Equity
6.26
Price / Book
3.15

Data sourced from DRHP / RHP • For educational purposes only

Super Iron Foundry Financials( In Crs.)

31-Dec-24 31-Mar-24 31-Mar-23 31-Mar-22
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 & Surplus 53.5 40.06 36.12 34.83
Total Borrowing 110.96 118.63 120.44 125.72

Super Iron Foundry Company & Offer Insights

About Super Iron Foundry

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 Promoter(s)

Abhishek Saklecha, Akhilesh Saklecha, Neha Saklecha, Priyanka Saklecha are the company's promoters of Super Iron Foundry.

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 IPO - Peers Comparison

Company Name EPS (Basic) EPS (Diluted) NAV (per share) (Rs) P/E (x) RoNW (%) P/BV Ratio Financial statements
Super Iron Foundry Limited 2.39 2.39 34.28 N/A 6.97 3.18 Standalone
Bhagwati Autocast Ltd. 24.1 24.1 142 20.4 18.4 2.75 Standalone
Universal Autofoundry Ltd 3.93 3.93 58.66 79.1 6.7 2.71 Standalone

Notes:

  1. The P/E Ratio is computed based on the closing price on the BSE Limited.
  2. Return on Net Worth (%) = Profit for the year ended March 31, 2024, divided by Total Equity of the Company as on March 31, 2024.
  3. NAV is computed as the Company's Total Equity as of March 31, 2024, divided by the outstanding number of equity shares as of March 31, 2024.

Contact Information

Contact Details

Super Iron Foundry

+ 91 334060305

cs@superironfoundry.com

https://www.superironfoundry.com/

Aspiration Vintage, 12, Pretoria Street,1 st Floor, Suite 1B, Kolkata – 700071

Registrar Contact Details

Frequently Asked Questions

Click any question to reveal the answer

Super Iron Foundry IPO is a Fixed Priced IPO worth ₹68.05 crore. The issue price is ₹108 per share (fixed price). The IPO opens on Mar 11, 2025 and closes on Mar 13, 2025. It will be listed on BSE SME Platform. Link Intime India Private Ltd is the registrar.

The issue price of Super Iron Foundry IPO is ₹108 per share (fixed price).

The lot size of Super Iron Foundry IPO is 1200 shares.

The minimum investment for Super Iron Foundry IPO is approximately ₹1,29,600 based on the issue price .

Super Iron Foundry IPO opens on Mar 11, 2025 and closes on Mar 13, 2025.

The allotment date of Super Iron Foundry IPO is Mar 17, 2025.

Super Iron Foundry IPO is expected to be listed on Mar 19, 2025, on BSE SME Platform.

Super Iron Foundry IPO valuation snapshot: P/E 19.89, EPS ₹5.43/-, P/B 3.15, RoNW 6.97%, and market cap N/A.

To apply for Super Iron Foundry IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Super Iron Foundry IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Super Iron Foundry IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Super Iron Foundry IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Super Iron Foundry IPO allotment status on IPO Ji for quick and easy access.