Super Iron Foundry Limited
SUPER IRON FOUNDRY LIMITED is a global manufacturer and exporter specializing in high-quality iron and steel castings, particularly access covers and gully grates used in roadway and infrastructure construction. Their products, compliant with international standards like EN124, are widely used to cover stormwater, sewerage, telecom, and utility networks.
In addition to municipal castings, the company produces ductile iron fittings, automotive and agricultural castings, railway components, and cast-iron counterweights. These are vital in sectors requiring durability, weight balancing, and stability.
With a modern, robotics-enabled production facility and a strong focus on quality and sustainability, SUPER IRON FOUNDRY LIMITED offers a comprehensive, one-stop casting solution trusted by clients worldwide.
Price Band₹108 |
Dates11 Mar - 13 Mar |
GMP₹0 (0.00%) |
Subscriptions- |
Issue Size₹68.05 Crs |
Super Iron Foundry IPO Objects
- Funding of the working capital requirements of our Company
- Repayment/pre-payment, in full or in part, of certain borrowings availed by our Company
- General corporate purposes
Super Iron Foundry IPO Details
Price Band₹108 |
Listing AtBSE SME |
IPO Issue TypeFixed Price |
Fresh Issue₹68.05 Cr (0.63 Cr Shares) |
Offer For Sale₹0.00 (0.00 Shares) |
Total Issue₹68.05 Cr (0.63 Cr Shares) |
Face Value₹10 per equity share |
Super Iron Foundry IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
1
1,200
1,29,600
Maximum
1
1,200
1,29,600
|
|||
| NII |
Minimum
2
2,400
2,59,200
|
|||
Super Iron Foundry IPO Subscription
-
| Investor Category | Subscription (times) | Shares Offered | Shared Bid |
|---|---|---|---|
| Total | - | 0 | 0 |
Super Iron Foundry IPO GMP
The estimated Grey Market Premium of Super Iron Foundry IPO is ₹0 per share (0.00%)
1. GMPs are available for IPOs with listing dates from May 1, 2025, onwards.
2. The GMP prices displayed here reflect news related to grey market trends. We do not trade or deal in the grey market, including subject-to-rates, nor do we recommend participating in grey market trading.
Category Allocation
| Particulars | Allocation |
|---|---|
| Retail % | Not less than 50% of net offer |
| Other | Not more than 50% of net offer |
| Market Maker | 3,15,600 EQ Share |
Super Iron Foundry IPO Financials
| Particulars | Dec-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Revenue from Operations | 87.20 | 154.83 | 124.80 | 132.16 |
| Profit after Tax | 9.53 | 3.94 | 1.28 | 0.88 |
| Net Worth | 70.59 | 56.56 | 52.62 | 51.33 |
| Total Borrowing | 110.96 | 118.63 | 120.44 | 125.72 |
| Total Assets | 226.62 | 232.32 | 209.20 | 197.75 |
| NAV per share (in ₹) | 41.30 | 34.28 | 31.89 | 31.11 |
| EPS - Basic (in ₹) | 5.57 | 2.39 | 0.78 | 0.53 |
The financial information presented is on a consolidated basis
Key Performance Indicators
| KPI | KPI |
|---|---|
| EBITDA | 11.85% |
| PAT | 2.55% |
| ROE | 7.22% |
| ROCE | 7.53% |
| PE Ratio | 45.19 |
| PB Ratio | 3.15 |
| Mkt Cap (in Crs.) | 252.65 |
- All Ratios are based on Mar 24
- PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.
Super Iron Foundry IPO Peer Comparision
| Particulars | Co. | Bhagwati Autocast | Universal Auto Foundry |
|---|---|---|---|
| Revenue from Ops (in Crs.) | 154.83 | 134.21 | 202.51 |
| PAT (In Crs.) | 3.94 | 7.04 | 4.89 |
| EPS - Basic | 2.39 | 24.10 | 3.93 |
| NAV per share | 34.28 | 142.00 | 58.66 |
| RONW | 6.97% | 18.40% | 6.70% |
| EBITDA | 11.85% | 9.82% | 7.83% |
| PAT Margin | 2.55% | 5.22% | 2.41% |
| Price to earning (PE) | 45.19 | 20.40 | 79.10 |
- All the information pertains to FY 2023-24
- The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of March 31, 2024 for Peers
Super Iron Foundry IPO Peer Comparision
| Particulars | Co. |
|---|---|
| Revenue from Ops (in Crs.) | 154.83 |
| PAT (In Crs.) | 3.94 |
| EPS - Basic | 2.39 |
| NAV per share | 34.28 |
| RONW | 6.97% |
| EBITDA | 11.85% |
| PAT Margin | 2.55% |
| Price to earning (PE) | 45.19 |
| Bhagwati Autocast | Universal Auto Foundry |
|---|---|
| 134.21 | 202.51 |
| 7.04 | 4.89 |
| 24.10 | 3.93 |
| 142.00 | 58.66 |
| 18.40% | 6.70% |
| 9.82% | 7.83% |
| 5.22% | 2.41% |
| 20.40 | 79.10 |
- All the information pertains to FY 2023-24
- The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of March 31, 2024 for Peers
Promoter Details
| Name | Shareholding |
|---|---|
| ABI Trading Private Limited | 94.80% |
| Akhilesh Saklecha | 0.60% |
| Abhishek Saklecha | 0.60% |
| Neha Saklecha | 0.26% |
| Priyanka Saklecha | 0.26% |
Management Details
| Name | Designation |
|---|---|
| Akhilesh Saklecha | Chairman & MD |
| Lakshmi Nivas Pandey | CFO |
Company Details
Name : Super Iron Foundry Limited
Address : Aspiration Vintage 12, Pretoria Street, 1st Floor, Suite 1B, Kolkata – 700 071
Number : + 91 33 4060 3050
Email : cs@superironfoundry.com
Website : www.superironfoundry.com
Book Running Lead Managers (BRLMs)
Horizon Management Private Limited
Visit WebsiteRTAs
MUFG Intime India
Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Super Iron Foundry IPO is a SME IPO having an issue size of Rs. ₹68.05 Crs. Super Iron Foundry IPO is priced at ₹108 - ₹108 per share. The issue opens on 11 Mar 25 and closes on 13 Mar 25.
Super Iron Foundry IPO opens on 11 Mar 25 and closes on 13 Mar 25.
The estimated Grey Market Premium of Super Iron Foundry IPO is ₹0 per share (0.00%).
The minimum lot size of Super Iron Foundry IPO is 1200 shares & the minimum application amount is Rs. 129600.
The allotment date of Super Iron Foundry IPO is 17 Mar 25.
The listing date of Super Iron Foundry IPO is 19 Mar 25.
Super Iron Foundry IPO is subscribed -.
Super Iron Foundry IPO is priced at ₹108 - ₹108 per share.
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