Super Iron Foundry IPO subscription status is 0.45x on day 2. The public issue subscribed 0.84x in the retail category and 0.06x times in the NII category. Super Iron Foundry IPO will be list on BSE with a tentative listing date fixed as 19 March 2025.
Super Iron Foundry IPO allotment date is set for 17 Mar 2025 with shares priced at ₹108 per share. The offering allows bidding for lots of 1,200 shares or multiples thereof. Super Iron Foundry IPO worth ₹68.05 Crores, consists of a fresh issue of 63,01,200 shares equity shares.
Super Iron Foundry IPO Subscription Status
Super Iron Foundry IPO Subscribed over 0.45x on its secondday till 5.00 PM on 12 March 2025. The company IPO subscription QIB investors portion is 0x, while RII investors subscribed 0.84x, and NII subscribed 0.06x.
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| RII | 0.59x | 0.84x | |
| NII | 0.14x | 0.06x | |
| QIB | – – | – – | – – |
| Total | 0.36x | 0.45x |
Super Iron Foundry IPO GMP today
As of 11 March 2025, the Grey Market Premium (GMP) for Super Iron Foundry IPO remains at ₹0, indicating that shares are trading at their issue price of ₹108 without any premium in the grey market.
Check the live GMP status of all upcoming and closed IPOs on the Live IPO GMP Dashboard.
Super Iron Foundry IPO Allotment
Super Iron Foundry IPO allotment status is expected to be finalized on 17 March 2025. The listing will be on the BSE platforms on 19 March 2025. They can check the allotment online on the MUFG Intime India Private Limited website.
| KfinTech | ➤ MUFGIntime IPO Allotment Page |
| BSE | ➤ BSE IPO Allotment Page |
About Super Iron Foundry Company
Super Iron Foundry exports its products mainly to Europe and the Middle East. In Europe, they work with distributors under subcontract manufacturing, with stable yearly orders except before snowfall (July–September). Their Middle Eastern business operates through agents supplying directly to mega projects, with a slight slowdown during Ramadan.
The company has contributed to major projects like the New Hamad Port and Lusail FIFA Stadium in Qatar. They have diversified into castings for water pipes, railways, counterweights, and agriculture. Their West Bengal facility spans 20 acres, producing 72,000 MT annually. Automation and robotics have boosted efficiency, reducing power consumption and increasing profit margins.
Disclaimer: The facts contained herein are for general information only and are not a recommendation to invest in any IPO or any investment opportunity. We take all reasonable care to ensure facts are accurate, but the information is based on publicly available information, research, and credible sources. Investors are requested to verify facts themselves and seek advice from a financial advisor before making any investment decision.
