Super Iron Foundry IPO

1.46x

subscribed

Super Iron Foundry IPO

Steel & Iron Products
closed
₹1.30LMin. investment
  1. Pre-apply
    10 Mar
  2. Bid start
    11 Mar
  3. Bid end
    13 Mar
  4. Allotment
    17 Mar
  5. Release of funds
    18 Mar
  6. Demat transfer
    18 Mar
  7. Listing
    19 Mar

About Super Iron Foundry Limited

SectorSteel & Iron Products
Price range₹108 – ₹108
IPO type
SME
Lot size1200 shares
Issue size₹68Cr
Red Herring Prospectus
Read
Market Cap
₹252.65CrLower than sector avg
RevenueApr 2023 - Mar 2024
₹154.82CrLower than sector avg
Growth rate3Y CAGR
5.42%

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

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Revenue
Higher revenue means strong sales and good market demand
This IPO
₹154.82Cr
This sector
₹3,869.12Cr
Compare with companies
PAT
Higher PAT means strong profitability and efficient cost management
This IPO
₹3.94Cr
This sector
₹108.43Cr
Compare with companies
Market cap
Higher market cap means strong confidence but may suggest overvaluation
This IPO
₹252.65Cr
This sector
₹6,268.7Cr
Compare with companies
P/E ratio
Lower ratio usually means stock is undervalued
This IPO
45.18
This sector
24.82
Compare with companies
D/E ratio
Lower ratio usually means fewer liabilities
This IPO
6.26
This sector
0.71
Compare with companies

Objectives

Working capital requirements
42.61%
Repayment or prepayment of borrowings
23.51%
General corporate purposes
22.39%

About Super Iron Foundry IPO

Super Iron Foundry, founded in 1988, manufactures a wide range of castings for sectors like infrastructure, automotive, agriculture, and railways. The company specializes in high-quality products for municipal and utility networks, meeting international standards. With a state-of-the-art facility in Durgapur, India, and a production capacity of 72,000 MT annually, it serves global markets, especially Europe and the Middle East. The company’s strong leadership, ISO certifications, and strategic partnerships position it as a key player in the foundry industry.

IPO Subscription Status

Date
QIB
NII
Retail
Total
11-Mar-25
0.0 times (X)
0.03 times (X)
0.59 times (X)
0.31 times (X)
12-Mar-25
0.0X
0.06X
0.84X
0.45X
13-Mar-25
0.0X
1.21X
1.71X
1.46X

Frequently asked questions

How to invest in the IPO?

Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.

What is the issue size of Super Iron Foundry IPO ?

The issue size of the Super Iron Foundry IPO is 68 Cr.

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

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will Super Iron Foundry IPO shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
Application closed