SUPER IRON FOUNDRY LIMITED

11 Mar 2025 - 13 Mar 2025 Individual Category SME BSE

Min Investment

₹129600

Price Band

₹108

Issue Size

63.01 lakhs
Equity Shares

Lot Size

1200

IPO Dates
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11 Mar 2025

Open Date

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13 Mar 2025

Close Date

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17 Mar 2025

Allotment Date

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19 Mar 2025

Listing Date

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 of 63.01 lakh equity shares. This upcoming IPO is offering entirely a fresh issue, there are no offers for sale part included in this IPO.Super Iron Foundry IPO price band is Rs 108 per share. 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.

Know Before Investing

Strengths icon

  • Strong international presence with exports reaching 38 countries.
  • Proven expertise in handling major infrastructure projects across the world.
  • Utilizes advanced robotic manufacturing for high precision and efficiency.

Weaknesses icon

  • Fluctuating raw material prices that may impact profitability.
  • Business slowdowns in key regions during seasonal periods like Ramadan.
  • Stiff competition from both global and local foundries affecting market share.

About Super Iron Foundry Limited

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.

Founded

1977

Managing Director

Akhilesh Saklecha

Parent Organization

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.

Company Promoters

Abhishek Saklecha

Akhilesh Saklecha

Neha Saklecha

Priyanka Saklecha

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0

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