
Capital Goods / Industrial Goods · BSE
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.
Price Band
₹108
Issue Size
₹68.05 Cr
Lot Size
1200 shares
GMP
+2.8%
Est. Listing
₹111
at current GMP
Subscribed
1.62x
overall
Open
11 Mar 2025
Close
13 Mar 2025
Allotment
17 Mar 2025
Refund
18 Mar 2025
Demat Credit
19 Mar 2025
Listing
19 Mar 2025
Designated Registrar: Link Intime India Private Limited
Allotment Date
17 Mar 2025
Basis finalization
Refunds Initiate
18 Mar 2025
Mandate release
Demat Credit
19 Mar 2025
Shares in demat
Listing Debut
19 Mar 2025
Trading begins
Super Iron Foundry Limited is bringing an initial public offering (IPO) in the Capital Goods / Industrial Goods sector with an aggregate issue size of ₹68.05 Crores. The shares are offered at a price band of ₹108 to ₹108 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1200 shares (approx. ₹1,29,600 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-03-19, while un-allotted funds or UPI block mandates will be released on 2025-03-18.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.