Super Iron Foundry Limited manufactures municipal castings, ductile iron pipe fittings, automotive castings, agricultural castings (rollers and crosskills), railway castings, and cast-iron counterweights.
The company’s products are utilized in significant construction projects to supply access covers for stormwater, sewerage, telecommunications, and other utility networks.
The company’s products includes:
- Municipal Castings
- Ductile Iron Pipe Fittings
- Ductile Iron Automotive Castings
- Ductile Iron Agricultural Castings – rollers and crosskills
- Railway Castings
- Cast Iron Counterweights
- Screw Piles
The company manufactures and exports covers globally, meeting international standards like EN124. The company’s product applications include automotive and agricultural equipment, focusing on weight balancing and stability.
The modern robotic production facility ensures quality and sustainability, making us the preferred choice for customers seeking a one-stop shop for all casting needs.
The company’s products are exported in European and Middle Eastern markets.
The Company has provided design solutions and castings for prestigious Middle East projects such as the New Hamad Port Project, New Turkish Air Base, Airport expansion in Oman, Dubai South, Lusail FIFA Stadium, and Al Barwah in Doha. Business in the Middle East sees no seasonality, except during Ramadan when construction slows.
The company’s manufacturing facility and warehouse is situated in Durgapur, West Bengal, cover about 20 acres.
The manufacturing facility is ISO 9001:2015 and ISO 14001:2018 certified for quality, health, safety, and environmental management, producing ductile and grey iron castings for municipal, sanitary, automotive, agricultural, waterworks, railway, and electrical transmission and distribution.
Super Iron Foundry IPO – Details
| IPO Opening Date | 11 March 2025 |
| IPO Closing Date | 13 March 2025 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | Total Issue Size: 63,01,200 Shares Worth ₹68.05 Crore Fresh Issue: 63,01,200 Shares Worth ₹68.05 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹108 |
| Market Lot | 1200 Shares |
| Min Order | 1200 Shares (1 Lot) |
| Listing At | BSE SME |
| Register | Link Intime India Private Ltd |
| Retail Shares Offered | 50% |
| Other Shares Offered | 50% |
Super Iron Foundry IPO – Date Schedule
| IPO Open Date | 11 March 2025 |
| IPO Close Date | 13 March 2025 |
| Basis of Allotment | 17 March 2025 |
| Initiation of Refund | 18 March 2025 |
| Credit of Shares to Demat Account | 18 March 2025 |
| IPO Listing Date | 19 March 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on March 13, 2025 |
Super Iron Foundry IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹1,29,600 |
| Retail (Max) | 1 | 1200 | ₹1,29,600 |
| HNI (Min) | 2 | 2400 | ₹2,59,200 |
Competitive Strengths
- Extensive Product Range and Expertise.
- Robust Infrastructure and Technological Advancements.
- Exporting to 38 countries, including the USA, Canada, UK, Germany, and some Middle Eastern Nations.
- Compliance with International Standards.
Company Promoters
- Abhishek Saklecha
- Akhilesh Saklecha
- Neha Saklecha
- Priyanka Saklecha
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2022 | 132.30 | 130.81 | 0.87 | 125.72 |
| 31 March 2023 | 126.23 | 124.44 | 1.28 | 120.44 |
| 31 March 2024 | 156.87 | 152.15 | 3.94 | 118.63 |
| 31 December 2024 | 94.90 | 82.17 | 9.52 | 110.96 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 7.53% |
| ROCE | 7.22% |
| Debt/Equity | 6.26 |
| RoNW | 6.97% |
| PAT Margin | 394.07 |
| Price to Book Value | 3.15 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 2.31 | 5.43 |
| P/E (x) | 46.84 | 19.89 |
Object Of The Issue
- Funding of company working capital requirements.
- Repayment/pre-payment, in full or in part, of certain borrowings availed by the Company.
- General Corporate Purpose.
Super Iron Foundry IPO Promoter Holding
| Pre Issue Share Holding | 96.53% |
| Post Issue Share Holding | 70.53% |
Super Iron Foundry IPO Prospectus
Company Contact Information
| Super Iron Foundry Limited Aspiration Vintage 12, Pretoria Street,1 st Floor, Suite 1B, Kolkata – 700071 Phone: + 91 334060305 Email: cs@superironfoundry.com Website: https://www.superironfoundry.com/ |
Super Iron Foundry IPO Registrar
| Link Intime India Private Ltd Phone: +91-22-4918 6270 Email: superiron.smeipo@linkintime.co.in Website: https://linkintime.co.in/Initial_Offer/public-issues.html |
Super Iron Foundry IPO Lead Manager(s)
| 1. Horizon Management Private Limited |
Super Iron Foundry IPO FAQs
| What is Super Iron Foundry IPO? Super Iron Foundry IPO is an SME IPO. The issue is priced at ₹108 per equity share. The IPO is to be listed on BSE SME. |
| When Super Iron Foundry IPO will open? The IPO is to open on 11 March 2025 for NII and Retail Investors. |
| What is Super Iron Foundry IPO Investors Portion? The investors’ portion for NII – 50%, and Retail – 50%. |
| How to Apply the Super Iron Foundry IPO? You can apply Super Iron Foundry IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Super Iron Foundry IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Super Iron Foundry IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Super Iron Foundry IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Super Iron Foundry IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Super Iron Foundry IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Super Iron Foundry IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Super Iron Foundry IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Super Iron Foundry IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Super Iron Foundry IPO Size? Super Iron Foundry IPO size is ₹68.05 Crore. |
| What is the Super Iron Foundry IPO Price Band? Super Iron Foundry IPO Price Band is ₹108. |
| What is Super Iron Foundry IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 1200 Shares with ₹1,29,600 amount while the maximum bid is 1200 Shares with ₹1,29,600. |
| What is the Super Iron Foundry IPO Allotment Date? Super Iron Foundry IPO allotment date is 17 March 2025. |
| What is the Super Iron Foundry IPO Listing Date? Super Iron Foundry IPO listing date is 19 March 2025. The IPO is to be listed on BSE SME. |
