Super Iron Foundry IPO Date, Review, Price, Allotment Details
Aditya | March 7, 2025
The Super Iron Foundry IPO is scheduled to open on March 11, 2025, and will close on March 13, 2025. It follows a Fixed Price Issue format. The company aims to raise approximately ₹68.05 crores through the IPO, comprising a fresh issue of ₹68.05 crores and an offer for sale of [.] equity shares, each carrying a face value of ₹10. The IPO is priced at ₹108 per share, with a retail investor allocation of 50%, a High Net-Worth Individual (HNI) allocation of 50%, and no allocation for Qualified Institutional Buyers (QIB). Super Iron Foundry IPO is set to list on BSE on March 19, 2025, with the allotment date scheduled for March 17, 2025. Financially, the company reported revenue of ₹156.87 crores in 2024, up from ₹126.23 crores in 2023. The profit stood at ₹3.94 crores in 2024 compared to ₹1.28 crores in 2023. Based on the financial performance, the IPO presents a solid long-term investment opportunity.
Super Iron Foundry IPO Details
Field
Value
est listing
111 (2.78%)
gain percentage
0.05%
gmp
3
ipo size
₹68.05 Cr
ipo title
Super Iron Foundry IPO BSE SME IPO
price
108
status
Listed
subscription
1.56x
Super Iron Foundry IPO Dates
Field
Value
boa dt
17-Mar
close
13-Mar
listing
19-Mar
lot
1,200
open
11-Mar
Super Iron Foundry IPO Financial Report
Super Iron Foundry has demonstrated steady financial growth over the years. The company reported revenue of ₹156.87 crores in 2024 compared to ₹126.23 crores in 2023. Profitability also improved, with a net profit of ₹3.94 crores in 2024, up from ₹1.28 crores in 2023.
Financial Year
2024
2023
Revenue
₹156.87
₹126.23
Expense
₹152.15
₹124.44
Profit After Tax
₹3.94
₹1.28
Total Assets
₹232.32
₹209.2
About Super Iron Foundry IPO
Founded in 1977, Super Iron Foundry has established itself in the iron and steel industry, specializing in municipal castings, ductile iron pipe fittings, and ductile iron components for automotive and agricultural equipment. The company also produces cast-iron counterweights, access covers, and gully grates for road construction, catering to both domestic and international markets. Super Iron Foundry operates a manufacturing plant and warehouse in Burdwan, West Bengal, with an annual production capacity of 72,000 metric tons. The company exports its products to multiple countries, including the USA, Canada, UK, Germany, Austria, Czech Republic, Poland, Finland, Switzerland, France, Greece, Cyprus, UAE, Oman, Qatar, Kuwait, Saudi Arabia, Australia, and New Zealand.
