Super Iron Foundry Limited
Fixed Price Issue IPO · BSE
- Price band
- ₹108 - ₹108
- Lot size
- 1,200 shares
- Issue amount
- ₹68.05 cr
- Total subscription
- 1.62×
- Opens
- 11 Mar 2025
- Closes
- 13 Mar 2025
- Allotment
- 17 Mar 2025
- Listing
- 19 Mar 2025
Offer at a glance
Issue overview
- Issue size
- 63,01,200 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,29,600
- Fresh issue
- ₹68.05 cr
- Offer for sale
- ₹0 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,29,600
- Issue type
- Fixed Price Issue IPO
- Shares before issue
- 1,70,92,473
- Shares after issue
- 2,33,93,673
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 1,200 | ₹1,29,600 |
| HNI | 2 | 2,400 | ₹2,59,200 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| RETAIL | 32.32 | 0.04 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Dec-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 5.77 | 2.39 | 0.78 |
| ROE | 14.98 | 7.22 | 2.47 |
| ROCE | 10.93 | 7.53 | 5.44 |
| RONW | 13.49 | 6.97 | 2.44 |
| PRE IPO(PE) | 0 | 46.84 | 0 |
| POST IPO(PE) | 19.89 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Super Iron Foundry Limited, founded in 1988 and based in Durgapur, West Bengal, is a leading manufacturer of high-quality iron and steel castings. The company produces a wide range of products, including municipal castings, ductile iron pipe fittings, automotive and agricultural castings, railway components, and cast-iron counterweights. With a modern 20-acre facility and an annual production capacity of 72,000 MT, Super Iron Foundry uses advanced automation, robotics, and eco-friendly practices to ensure top-notch quality. Over 95% of its products are exported to Europe and the Middle East, supporting major infrastructure projects like roads, water networks, and telecom systems. The company has strong relationships with global clients, including long-term supply agreements, and is actively pursuing large projects in Saudi Arabia. With ISO certification, in-house R&D, and strict quality controls, Super Iron Foundry is a trusted name in the global castings industry.
Strengths
- Wide Range of Products & Customization – Offering over 500 products, the company specializes in custom castings, making it a go-to supplier for various industries such as municipal, automotive, and railway.
- Leader in Manhole Grates & Access Covers – Known worldwide, especially in Europe and the Middle East, for its high-quality products and strong, long-term relationships with clients.
- Global Reach & Strong Export Market – With a solid presence in Europe and the Middle East, the company is trusted for its consistent quality, adherence to international standards, and strategic partnerships with major global clients.
Risk factors
- Reliance on One Facility – Any issues, like disruptions or shutdowns, at the Durgapur manufacturing unit could have a major impact on the business, financial performance, and cash flow.
- Raw Material Availability & Price Changes – The company relies on key raw materials, making it vulnerable to supply shortages and price fluctuations, which could affect profitability and operations.
- Possible Conflicts of Interest – Shared business goals between the company and its promoters may lead to conflicts, potentially influencing decision-making and financial outcomes.
Promoters
Abhishek Saklecha
Akhilesh Saklecha
Neha Saklecha
Priyanka Saklecha
Registrar & documents
Lead manager
Horizon Management Private Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Aspiration Vintage, 12, Pretoria Street, 1st floor, Suite 1B, Kolkata – 700 071, India
+ 91 334060305
[email protected]Company website ↗Understanding SUPERIRON IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.