Super Iron Foundry Limited
Mar 11, 2025 - Mar 13, 2025
Super Iron Foundry Limited IPO Details
SME
Status
listed
Issue Price
₹108.00
Lot Size
1200 Shares
Subscription
1.56 times
Listing Price
Face Value
₹10 Per share
Issue Size
Approx ₹68.05 Cr
Fresh Issue
Approx ₹68.05 Cr
Total Shares Offered
-
Retail Quota
50%
QIB Quota
-
HNI Quota
50%
Retail Approx
-
S-HNI Approx
-
B-HNI Approx
-
Issue Type
Fixed Price Issue IPO
Listing On
BSE SME
Registrar
Link Intime India Private Ltd
IPO Tentative Timetable
Open Date
Tue Mar 11 2025
Close Date
Thu Mar 13 2025
Allotment Date
-
Refunds Initiation
Tue Mar 18 2025
Demat Transfer
Tue Mar 18 2025
Listing Date
Wed Mar 19 2025
Valuation
Earning Per Share (EPS)
₹2.39
Price/Earning P/E Ratio
45.19
Return on Net Worth (RoNW)
6.97%
Net Asset Value (NAV)
₹34.28
Promoters
Pre issue Share Holding
96.53%
Post issue Share Holding
70.53%
Company Promoters
- Abhishek Saklecha
- Akhilesh Saklecha
- Neha Saklecha
- Priyanka Saklecha
Lead Managers
Horizon Management Private Limited
Live Subscription
| Date | NII* | Retail | Total |
|---|---|---|---|
| Mar 11, 2025 | 0.14 | 0.59 | 0.36 |
| Mar 12, 2025 | 0.06 | 0.84 | 0.45 |
| Mar 13, 2025 | 1.34 | 1.79 | 1.56 |
Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹1,29,600 |
| Retail (Max) | 1 | 1200 | ₹1,29,600 |
| HNI (Min) | 2 | 2,400 | ₹2,59,200 |
IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | - |
| Market Maker Shares Offered | 3,15,600 (5.01%) |
| Other Shares Offered | 29,92,800 (47.5%) |
| Retail Shares Offered | 29,92,800 (47.5%) |
| Total Shares Offered | 63,01,201 (100%) |
Company Financial
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| 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 and Surplus | 53.5 | 40.06 | 36.12 | 34.83 |
| Total Borrowing | 110.96 | 118.63 | 120.44 | 125.72 |
About Company
Super Iron Foundry Limited, incorporated in July 1988, specializes in manufacturing municipal castings, ductile iron pipe fittings, automotive castings, agricultural castings (rollers and crosskills), railway castings, and cast-iron counterweights.
The company's products support major construction projects, supplying access covers for stormwater, sewerage, telecommunications, and utility networks. The product portfolio includes municipal castings, ductile iron pipe fittings, automotive castings, agricultural castings, railway castings, cast-iron counterweights, and screw piles.
The company exports its products globally, adhering to international standards such as EN124. Its applications span automotive and agricultural equipment, ensuring weight balancing and stability. The modern robotic production facility guarantees quality and sustainability, making it a preferred choice for casting solutions.
The company has contributed to prestigious Middle Eastern projects, including the New Hamad Port Project, New Turkish Air Base, Airport expansion in Oman, Dubai South, Lusail FIFA Stadium, and Al Barwah in Doha. Business in the Middle East experiences reduced activity only during Ramadan.
The manufacturing facility and warehouse in Durgapur, West Bengal, cover approximately 20 acres. The facility holds ISO 9001:2015 and ISO 14001:2018 certifications for quality, health, safety, and environmental management, producing ductile and grey iron castings for multiple industries, including municipal, sanitary, automotive, agricultural, waterworks, railway, and electrical transmission.
The company exports to 38 countries, including the USA, Canada, UK, Germany, and various Middle Eastern nations. Competitive strengths include an extensive product range, robust infrastructure with technological advancements, strong global export presence, and compliance with international standards.
The company's products support major construction projects, supplying access covers for stormwater, sewerage, telecommunications, and utility networks. The product portfolio includes municipal castings, ductile iron pipe fittings, automotive castings, agricultural castings, railway castings, cast-iron counterweights, and screw piles.
The company exports its products globally, adhering to international standards such as EN124. Its applications span automotive and agricultural equipment, ensuring weight balancing and stability. The modern robotic production facility guarantees quality and sustainability, making it a preferred choice for casting solutions.
The company has contributed to prestigious Middle Eastern projects, including the New Hamad Port Project, New Turkish Air Base, Airport expansion in Oman, Dubai South, Lusail FIFA Stadium, and Al Barwah in Doha. Business in the Middle East experiences reduced activity only during Ramadan.
The manufacturing facility and warehouse in Durgapur, West Bengal, cover approximately 20 acres. The facility holds ISO 9001:2015 and ISO 14001:2018 certifications for quality, health, safety, and environmental management, producing ductile and grey iron castings for multiple industries, including municipal, sanitary, automotive, agricultural, waterworks, railway, and electrical transmission.
The company exports to 38 countries, including the USA, Canada, UK, Germany, and various Middle Eastern nations. Competitive strengths include an extensive product range, robust infrastructure with technological advancements, strong global export presence, and compliance with international standards.
Company Contact
aspiration vintage12, pretoria street,1 st floor, suite 1b,kolkata – 700071
Phone: + 91 334060305
Email: cs@superironfoundry.com
Website: https://www.superironfoundry.com/
Registrar Contact
Phone: +91-22-4918 6270
Email: superiron.smeipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html