Super Iron Foundry, established in 1977, has been actively involved in the iron and steel industry, specializing in the production of municipal castings, ductile iron pipe fittings, automotive and agricultural equipment parts, cast-iron counterweights, and access covers and gully grates for road construction. Additionally, the company supplies products to the automotive and agricultural machinery sectors. Its manufacturing facility and warehouse are situated in Burdwan, West Bengal, with an annual production capacity of 72,000 metric tons.
The Super Iron Foundry IPO is a fixed-price offering worth Rs. 68.05 crores, consisting entirely of a fresh issue of 63.01 lakh shares. The subscription window for the IPO opens on March 11, 2025, and closes on March 13, 2025. The allotment process is expected to be completed by Monday, March 17, 2025, with the shares tentatively scheduled to list on the BSE SME platform on Wednesday, March 19, 2025.
The IPO is priced at ₹108 per share, with a minimum lot size of 1,200 shares. Retail investors are required to invest a minimum of ₹1,29,600, while high-net-worth individuals (HNIs) must invest in a minimum of 2 lots (2,400 shares), amounting to ₹2,59,200.
Super Iron Foundry IPO Details
| IPO Date | March 11, 2025 to March 13, 2025 |
| Face Value | ₹10 per share |
| Issue Price | ₹108 per share |
| Lot Size | 1,200 Shares |
| Total Issue Size | Approx ₹68.05 Crores |
| Fresh Issue | Approx ₹68.05 Crores |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 1,70,92,473 shares |
| Share Holding Post Issue | 2,33,93,673 shares |
Super Iron Foundry IPO Dates
The initial public offering (IPO) for Super Iron Foundry is scheduled to commence on March 11, 2025, and will conclude on March 13, 2025.
| IPO Open Date | Tue, Mar 11, 2025 |
| IPO Close Date | Thu, Mar 13, 2025 |
| Tentative Allotment | Mon, Mar 17, 2025 |
| Refunds | Tue, Mar 18, 2025 |
| Credit of Shares to Demat | Tue, Mar 18, 2025 |
| IPO Listing Date | Wed, Mar 19, 2025 |
| UPI Mandate Confirmation Deadline | 5 PM on March 13, 2025 |
Super Iron Foundry IPO Market Lot
The minimum market lot for the Super Iron Foundry IPO is set at 1,200 shares, requiring an application amount of ₹1,29,600.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1,200 | ₹1,29,600 |
| Retail Maximum | 1 | 1,200 | ₹1,29,600 |
| S-HNI Minimum | 2 | 2,400 | ₹2,59,200 |
