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Super Iron Foundry IPO
1.46xsubscribed

Super Iron Foundry IPO

Steel & Iron Products
listed
₹1.30LMin. investment

Super Iron Foundry Limited IPO Details

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%

Super Iron Foundry 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

As on 11-Mar-25, 5:30 PM

Super Iron Foundry IPO Timeline

  1. Pre-apply
    10 Mar 2025
  2. Bid start
    11 Mar 2025
  3. Bid end
    13 Mar 2025
  4. Allotment
    17 Mar 2025
  5. Release of funds
    18 Mar 2025
  6. Demat transfer
    18 Mar 2025
  7. Listing
    19 Mar 2025

About Super Iron Foundry Limited

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.

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

Objectives of Super Iron Foundry Limited IPO

Working capital requirements
42.61%
The company will allocate ₹29 Cr for its own working capital needs.
Repayment or prepayment of borrowings
23.51%
₹16 Cr will be used to repay or prepay certain outstanding borrowings by the company.
General corporate purposes
22.39%
The company will spend ₹15.24 Cr towards its general corporate purposes.

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹154.82Cr5.42%₹3.94Cr₹252.65Cr45.186.26
This sector (avg.)₹3,652.65Cr0%₹112.07Cr₹6,638.34Cr114.910.53
₹1,68,824Cr---₹3,491Cr₹2,96,623Cr39.881.50
₹2,18,542.51Cr---₹3,173.78Cr₹2,41,094.5Cr35.361.04
₹39,312.21Cr---₹2,499.72Cr₹67,753.99Cr23.050.38

*Revenue for financial year 2023-24. Lower P/E and D/E ratios are generally preferred.

Super Iron Foundry IPO Contact Details

Company NameSuper Iron Foundry Limited

How to apply for Super Iron Foundry IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Super Iron Foundry Limited IPO FAQs