Super Iron Foundry IPO is a fixed-price issue of ₹68.05 crore, comprising 63.01 lakh fresh shares at ₹108 each. The IPO opened on March 11, 2025, and closed on March 13, 2025, with allotment expected on March 17, 2025, and a tentative listing on March 19, 2025, on the BSE SME platform.
Retail investors must apply for at least 1,200 shares (₹1,29,600), while HNIs require a minimum of 2,400 shares (₹2,59,200). Horizon Management handles the IPO, with Link Intime as the registrar and Giriraj Stock Broking as the market maker.
Super Iron Foundry IPO is a ₹68.05 crore fixed-price issue with 63.01 lakh fresh shares at ₹108 per share. It opened on March 11, 2025, and closed on March 13, 2025. The allotment is on March 17, 2025, with a tentative listing on March 19, 2025, on the BSE SME platform.
The table below breaks down the Super Iron Foundry share allocation for different categories, highlighting the number of shares and their percentage of the total issue. However, the key focus remains on the quotas allocated to retail investors and HNIs, as they are the most relevant for individual investors.
| Category of Investors | Allocation of shares under IPO |
| Reservation for Employees | [-] |
| Anchor Allocation | [-] |
| Market Maker Shares Offered | 3,15,600 (5.01%) |
| Other Shares Offered | 29,92,800 (47.5%) |
| Retail Shares Offered | 29,92,800 (47.5%) |
| Total Shares Offered | 63,01,201 (100%) |
Data Source: BSE-SME
| Category | Subscription (times) |
| Non Institutional Investors | 1.34 |
| Retail Individual Investors(RIIs) | 1.79 |
| Market Maker | 1.00 |
| Total | 1.56 |
Note: The final subscription details is as of March 13, 2025
Super Iron Foundry Limited, established in 1988, operates in the iron and steel foundry sector, specialising in access covers (removable lids placed over man-made openings) and gully grates (metal covers placed over drainage gullies) for infrastructure projects. Its advanced manufacturing facility in Durgapur, West Bengal, spans 20 acres with a 72,000 MT annual capacity.
The company exports over 95% of its products to Europe and the Middle East, contributing to major projects like the Lusail FIFA Stadium. With international certifications and a strong R&D focus, it delivers high-quality castings for water networks, railways, and agriculture, reinforcing its global reputation in the casting industry.
Know more about IPO allotment status and check your application details online for the latest updates on share allocation.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Mar 17, 2025, 6:22 PM IST
Suraj Uday Singh
Suraj Uday Singh is a skilled financial content writer with 3+ years of experience. At Angel One, he excels in simplifying financial concepts. Previously, he cultivated his expertise at a leading mortgage lending firm and a prominent e-commerce platform, mastering consumer-focused and engaging content strategies.
Know MoreWe're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
