The Super Iron Foundry IPO opens for subscription on 11 March 2025 and closes on 13 March 2025. The allotment date is set for 17 March 2025, with shares priced at ₹108 per share. The minimum market lot for the IPO is 1,200 shares, requiring an application amount of ₹1,29,600. Super Iron Foundry IPO is an SME IPO and will be listed on the BSE.
Super Iron Foundry company reported revenue of 156.87 crores in 2024 against 126.23 crore in 2023. The company reported profit of ₹3.94 crores in 2024 against Profit of ₹1.28 crores in 2023.
Super Iron Foundry IPO Subscription Details
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| RII | 0.59x | 0.84x | |
| NII | 0.14x | 0.06x | |
| QIB | – – | – – | – – |
| Total | 0.36x | 0.45x |
IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc.
- Retail Individual Investors (RII): The retail individual investor or NRIs
- Employee (EMP): A category of eligible employees
- Others: A category of eligible shareholders or other investors
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.
Super Iron Foundry IPO Subscription Status FAQs:
When Super Iron Foundry IPO Subscription will start Date?
The IPO subscription starts on 11 March 2025 for QIB, NII, and Retail Investors.
How to Apply the Super Iron Foundry IPO through Dhan App?
Log in to Console in Dhan in Application. Go to More on Markets and Click on IPOs. You will see the IPO Name “Super Iron Foundry Ltd.“. Click on Apply Now Next Click on Bid for IPO Then Select Quantity and Price on Place Bid For IPO. Enter your UPI ID and Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the NAPS Global IPO through Zerodha?
Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Super Iron Foundry Ltd“. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
When Super Iron Foundry IPO will be listed?
The Super Iron Foundry IPO listing date is 19 March 2025. The equity share of XXXXXX IPO will list on BSE.
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.
