Super Iron Foundry IPO GMP Live, Open Date, Close Date, Price Band

Super Iron Foundry IPO open date is March 11, 2025 and the closing date is March 13, 2025. This new IPO is a fixed price issue worth up to Rs 68.05 crores. This upcoming IPO is offering entirely a fresh issue of 63.01 lakh equity shares; there are no offers for sale part included in this IPO.

Super Iron Foundry IPO price band is Rs 108 per share. As of now, Super Iron Foundry IPO live GMP is at 0, indicating neutral sentiment among investors for this IPO.

Super Iron Foundry IPO lot size is 1200 shares, and the allotment status will be finalised on Monday March 17, 2025, the minimum investment for retail investors is 1 lot, which is Rs 1,29,600. The registrar for Super Iron Foundry IPO is Link Intime India Private Limited. The listing date is Wednesday, March 19, 2025.

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Super Iron Foundry IPO GMP Live

Super Iron Foundry IPO GMP is at Rs 0. The IPO GMP today indicates the huge interest of retail investors. It is expected that the listing price can be the same as the allotment price, which is Rs 108 per share. You can check the latest IPO Grey Market Premium today online.

If the subscription is oversubscribed, then Super Iron Foundry IPO GMP might rise in the coming days. Super Iron Foundry IPO GMP Live status will indirectly impact the sentiments of the IPO investors. If the Grey Market Premium is quoting at 10% to 15% or above, then the possibility of the oversubscription increases.

However, if the Live IPO GMP quotes are below 10% premium, then most investors tend to lose interest in applying for the IPO and the probability of the under-subscription increases. Here, in the Super Iron Foundry IPO, GMP is expected to quote the initial ticks at a premium of 10% or above.

Super Iron Foundry IPO Price Band

Super Iron Foundry IPO price band is Rs 108 per share. The minimum amount required for retail investors to participate in this IPO is Rs 1,29,600 (108 x 1200 shares). However, for the HNI category, the minimum investment amount required is 2,59,200 (108 x 2400 shares).

Super Iron Foundry Allotment Status

Super Iron Foundry IPO Allotment status will be available on its registrar Link Intime India Private Limited website on Monday, March 17 2025. Once the subscription ends after the closing of IPO bidding, the allotment status of investors who applied for IPO will be available on the registrar's website.

Super Iron Foundry Listing Date

Super Iron Foundry IPO listing date is Wednesday, March 19, 2025. The Listing will be on the BSE SME platform. Retail investors can sell the shares after 10 AM on the listing day.

Super Iron Foundry IPO: Listing Date, Lot Size, Issue Size, Price Band

Super Iron Foundry Limited: About the Company

Super Iron Foundry Limited, established in 1977 by Narendra Jain, is one of India's oldest manufacturers of grey iron castings. Headquartered in Kolkata, West Bengal, the company specialises in producing high-quality municipal castings, pipe fittings, automotive components, and agricultural equipment. Over the years, it has earned ISO certifications such as ISO 9001:2015, 14001:2015, and 45001:2018, reflecting its commitment to quality and sustainability.

Super Iron Foundry exports its products to various markets globally i.e., the USA, Canada, Europe, and the Middle East. Its robust manufacturing capabilities make it a trusted supplier for diverse applications. The company also emphasises environmental responsibility through its "Go Green Initiative," planting trees around its facilities.

With decades of expertise and a focus on innovation, Super Iron Foundry continues to serve industries worldwide with durable and reliable cast iron solutions. Visit their website for more details.

Super Iron Foundry IPO Objectives

Super Iron Foundry IPO objectives include utilising the funding received from the fresh issue into funding towards working capital requirements estimated amount 29 crore, repayment or pre-payment in full/part of certain borrowings availed by the company amounting Rs 16 crore and for general corporate purposes estimates Rs 15.24 crore.

Super Iron Foundry IPO: Key Dates, Allotment, Listing Date

Super Iron Foundry IPO Lot Size Details

Super Iron Foundry IPO lot size is set at 1200 shares per lot. The minimum amount required for retail investors to participate in this IPO is Rs 1,29,600 (108 x 1200 shares). However, for the HNI category, the minimum investment amount required is Rs 2,59,200 (108 x 2400 shares).

Super Iron Foundry IPO Promoter Holdings

Super Iron Foundry IPO promoters are Abhishek Saklecha, Akhilesh Saklecha, Neha Saklecha and Priyanka Saklecha. The promoter's combined shareholdings before the IPO was 96.53%; however, post-IPO, their shareholdings will decline to 70.53%.

Super Iron Foundry Limited Financials (Amt in Rs Cr)

Lead Manager and Registrar of Super Iron Foundry IPO

Super Iron Foundry's lead manager is Horizon Management Private Limited. The company has appointed Link Intime India Private Limited as the registrar for this public issue.

How to apply for the Super Iron Foundry IPO

Interested investors who want to apply for the Super Iron Foundry IPO can directly apply from the Bigul trading app, or you can apply on the Bigul website by visiting here. You can also check the details of upcoming IPO on the Bigul platform.

Super Iron Foundry IPO FAQs

1. What are the core details available of the Super Iron Foundry IPO?

Super Iron Foundry IPO is a fixed price issue worth up to Rs 68.05 crores. The price band for this IPO is Rs 108 per share. This upcoming IPO is offering entirely a fresh issue of up to 63,01,200 equity shares.

2. What is the Super Iron Foundry IPO open date and close date?

Super Iron Foundry IPO subscription opens on March 11, 2025, and closes on March 13, 2025.

3. What is Super Iron Foundry IPO GMP Live?

Super Iron Foundry IPO GMP is at Rs 0. The IPO GMP today indicates the huge interest of retail investors. It is expected that the listing price can be same as the allotment price, which is Rs 108 per share. You can check the latest IPO Grey Market Premium today online.

4. How do you check the IPO Allotment status?

Super Iron Foundry IPO Allotment status is available on its registrar, Link Intime India Private Limited website. Once the IPO subscription ends after the closing of IPO bidding, the allotment status of investors who applied for IPO will be available on the registrar's website.

5. Who are the registrar and lead managers of Super Iron Foundry IPO?

Super Iron Foundry's IPO lead manager is Horizon Management Private Limited. The company has appointed Link Intime India Private Limited as the registrar for this public issue.

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