What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Super Iron Foundry Limited IPO?

Super Iron Foundry Limited IPO has received a total subscription of 1.62 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Super Iron Foundry Limited

ListedSME

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

₹3

+2.8%

Est. Listing

₹111

at current GMP

Subscribed

1.62x

overall

Open

11 Mar 2025

13 Mar 2025

Allotment

17 Mar 2025

Refund

18 Mar 2025

Demat Credit

19 Mar 2025

Listing

19 Mar 2025

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

1.62x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

1.44x

High Net-Worth

Retail (RII)

1.79x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 1.62x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
NIB	2,992,800	4,323,600	1.44x
RETAIL	2,992,800	5,355,600	1.79x
Total	5,985,600	9,679,200	1.62x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 1.78x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	1,838	3,290	1.79x
HNIs (10L +)	12	17	1.44x
HNIs (2-10L)	56	81	1.44x
Total Applications	1,906	3,388	1.78x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Super Iron Foundry Limited Public Issue & Market Profile

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.

Bidding & Quota Instructions:

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 Schedule:

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.

Frequently Asked Questions

What is Super Iron Foundry Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Super Iron Foundry Limited IPO is ₹3 per equity share. Based on the upper price band of ₹108 to ₹108 per equity share, the estimated listing price is ₹111 (+2.8% expected listing gain).

What is the expected profit per lot for Super Iron Foundry Limited IPO?

With a lot size of 1200 shares and current GMP of ₹3, the expected profit per application lot is approx ₹3,600 (+2.8% gain). Minimum application cost is approx ₹1,29,600.

What is the issue size and price band for Super Iron Foundry Limited IPO?

The Super Iron Foundry Limited IPO aggregate issue size is ₹68.05 Crores with an equity price band set at ₹108 to ₹108 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,29,600.

How can I check Super Iron Foundry Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 1.62x (Retail: 1.79x, QIB: 0.00x, NII: 1.44x). You can track live multiples directly on our dedicated subscription page.

Where and when will Super Iron Foundry Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2025-03-17. Investors can verify status using PAN card or application number.

When is the listing date for Super Iron Foundry Limited IPO?

Super Iron Foundry Limited shares are scheduled to list on BSE on 2025-03-19.