Super Iron Foundry Limited
IPO Details
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₹3(2.78%)
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Super Iron Foundry Limited's successfully completed its Initial Public Offering and commenced trading on Mar 19, 2025 at the BSE exchange. The company raised 63,01,200 Shares through this public offering, comprising 63,01,200 Shares in fresh capital.
The IPO was priced within the band of ₹108 to ₹108, with minimum application lots of 1200 shares. The offering attracted significant investor interest during its subscription period from Mar 11, 2025 to Mar 13, 2025.
Share allotment was finalized on Mar 17, 2025, distributing equity to successful applicants. The stock's subsequent listing marked a significant milestone in the company's corporate history, providing public market liquidity to shareholders.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
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.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- 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.
- 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.
- Abhishek Saklecha
- Akhilesh Saklecha
- Neha Saklecha
- Priyanka Saklecha
Super Iron Foundry Limited
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