Super Iron Foundry Ltd

Super Iron Foundry Ltd IPO

Super Iron Foundry Ltd IPO Price Range is ₹108 - 108, with a minimum investment of ₹1,29,600 for 1200 shares.

₹1,29,600

/ 1200 shares

Minimum Investment

View Super Iron Foundry Ltd IPO details including price range, minimum investment, lot size, financials, and IPO timeline. Get subscription updates, peer comparison, and key insights to help you make an informed decision.

IPO Status

Closed

Price Band

₹108 - 108

Open Date

2025-03-11

Close Date

2025-03-13

IPO Size

₹68.05 Cr

Lot Size

1200 shares

Min Investment

₹1,29,600

Listing Exchange

BSE

Super Iron Foundry Ltd IPO Application Timeline

passed
Open Date11 Mar 2025
passed
Close Date13 Mar 2025
passed
Allotment Date17 Mar 2025
passed
Listing Date19 Mar 2025

IPO Subscription Status

IPO subscribed over

🚀 1.536x

This IPO has been subscribed by 1.79x in the retail category and 0x in the QIB category.

Subscription Rate

Total Subscription1.536x
Retail Individual Investors1.79x
Qualified Institutional Buyers0x
Non Institutional Investors1.445x
NameSuper Iron Foundry Ltdx

Strengths and Risks

Strengths

Strengths

  • Diversified product mix with strong focus on customised products.

  • One of the leading manufacturers of manhole grates and access covers with long standing market presence.

  • Geographical presence.

  • Design, quality assurance and quality control of its products.

  • Strong and cordial relationship with its clients.

  • Cost effective production and timely fulfilment of orders.

  • Well experienced management team.

  • Marquee customers globally.


Risks

Risks

  • Its manufacturing facility is located in Durgapur, District Burdwan, West Bengal. Any disruption, breakdown or shutdown of its manufacturing facility may have a material adverse effect on the company business, financial condition, results of operations and cash flow.

  • Its manufacturing activity is subject to availability of raw material and the costs of the raw materials. Any shortage in availability or fluctuations in raw material prices, may have a material adverse effect on its business, financial condition, results of operations and cash flows.

  • Conflicts of interest may arise out of common business objects shared by the Company and its Promoters, which may affect the company business, results of operations and financial conditions.

  • A significant majority of its revenues from operations are derived from a limited number of customers.

  • The company does not own its Registered Office. A failures to renew its existing arrangement at commercially favourable terms or at all may have a material adverse effect on its business, financial condition and results of operation.

  • Failures to obtain or renew approvals, licenses, registrations and permits to operate the company business in a timely manner, or at all, may adversely affect its business, financial condition, results of operations and cash flows.

  • The company business is capital intensive. Its requires substantial financing for the company business operations. Its indebtedness and the conditions and restrictions imposed on by the company financing arrangements could adversely affect its ability to conduct the company business.

  • The company has experienced negative cash flows from operating activities and may do so in the future, which could have a material adverse effect on its business, prospects, financial condition, cash flows and results of operations.

  • The Company, its Promoters and Directors are parties to certain legal proceedings. Any adverse decision in such proceedings may have a material adverse effect on its business, results of operations and financial condition.

  • Approximately 95% of its revenue are derived from export of the company product. Any change on Indias bi-lateral trade treaties with importing countries can impact the business in the long run.

How to Apply for Super Iron Foundry Ltd IPO on INDmoney

1

Download the INDmoney app and complete your KYC to open an account.

2

Go to the INDstocks section and tap on IPO, or search for ‘IPO’.

3

Select Super Iron Foundry Ltd IPO from the list of live IPOs.

4

View key details like price band, lot size, and dates, then tap ‘Apply Now’.

5

Choose the number of lots and place your order via UPI.

6

Your funds will be blocked until the share allotment is finalized.

About Super Iron Foundry Ltd

We are engaged in the business of iron and steel foundry, more particularly in the business of casting and manufacturing of access covers and gully grates used in roadway construction. Our products are used in major construction projects to provide access covers to cover the storm water, sewerage, telecom and other utility networks. Our Company manufactures and exports these covers globally, as our products are compliant to international standards like EN124. We manufacture municipal castings, ductile iron pipe fittings, ductile iron automotive castings, ductile iron agricultural castings (rollers and cross skills), railway castings and cast-iron counterweights. The municipal castings are used in primarily in roadway construction and these products are used in major construction projects to provide access covers to cover the storm water, sewerage, telecom and other utility networks. Application of other product groups manufactured by our company is in automotive, agriculture equipments and applications where weight balancing and stability are crucial. Our production facility is equipped with modern robotic equipments, ensures quality standards and control and follows sustainable practices, making us a preferred choice for our customers from across the globe giving them a one stop shop solution for all their casting needs.

Frequently Asked Questions of Super Iron Foundry Ltd IPO

What is the size of the Super Iron Foundry Ltd IPO?

The size of the Super Iron Foundry Ltd IPO is ₹68.05 Cr.

What is the allotment date of the Super Iron Foundry Ltd IPO?

Super Iron Foundry Ltd IPO allotment date is Mar 17, 2025 (tentative).

What are the open and close dates of the Super Iron Foundry Ltd IPO?

The Super Iron Foundry Ltd IPO will open on Mar 11, 2025 and close on Mar 13, 2025

What is the lot size of Super Iron Foundry Ltd IPO?

The lot size for the Super Iron Foundry Ltd IPO is 1200.

When will my Super Iron Foundry Ltd IPO order be placed?

Your Super Iron Foundry Ltd IPO order will be placed on Mar 11, 2025

Can we invest in Super Iron Foundry Ltd IPO?

Yes, once Super Iron Foundry Ltd IPO opens, you can invest in the shares of the company.

What would be the listing gains on the Super Iron Foundry Ltd IPO?

The potential listing gains on the Super Iron Foundry Ltd IPO will depend on various market factors and cannot be predicted with certainty.

What is 'pre-apply' for Super Iron Foundry Ltd IPO?

'Pre-apply' for Super Iron Foundry Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.