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Open
11 Mar 2025
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Close
13 Mar 2025
3
Allotment
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Listing
Wed, Mar 19, 2025
Price Band
₹108 per share
Issue Size
63,01,200 shares (agg. up to ₹68 Cr)
Lot Size
1,200 Shares
Listing Date
Wed, Mar 19, 2025
Latest GMP
₹3
Est. Gain
2.78%
✦ AI Insight
GMP Trend
19-03-2025₹3Est. ₹111+2.78%
18-03-2025₹3Est. ₹111+2.78%
17-03-2025₹15Est. ₹123+13.89%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 5.86x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 226.62 | 232.32 | 209.20 | 197.75 |
| Total Income | 94.91 | 156.87 | 126.23 | 132.31 |
| Profit After Tax | 9.53 | 3.94 | 1.28 | 0.88 |
| NET Worth | 70.59 | 56.56 | 52.62 | 51.33 |
| Reserves and Surplus | 53.50 | 40.06 | 36.12 | 34.83 |
| Total Borrowing | 110.96 | 118.63 | 120.44 | 125.72 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Abha Power & Steel Ltd. | SME | ₹38.54 Cr | ₹75 | 28.65 | ₹77.80 | +3.73% | ₹26.00 (+0.19%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding of Working Capital Requirement of the company | 29.00 |
| 2 | Repayment/pre-payment, in full or in part, of certain borrowings availed by the Company | 16.00 |
| 3 | General Corporate Purposes | 15.24 |
| 4 | Issue expenses | 7.81 |
| Total | 68.05 |
About Super Iron Foundry IPO
Incorporated in July 1988, 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
Contact Details
Super Iron Foundry Ltd. AddressAspiration Vintage12, Pretoria Street, 1 st Floor, Suite 1BKolkata, West Bengal, 700071+ 91 334060305cs@superironfoundry.comVisit Website