Super Iron Foundry
IPO Timeline
Issue open date
11 Mar 2025Issue close date
13 Mar 2025UPI mandate deadline
13 Mar 2025Allotment finalization
17 Mar 2025Refund initiation
18 Mar 2025Share credit
18 Mar 2025Listing date
19 Mar 2025Mandate end date
28 Mar 2025Lock-in end date for anchor investors (50%)
16 Apr 2025Lock-in end date for anchor investors (remaining)
16 Jun 2025Key Dates
Quick Stats
About the Company
Super Iron Foundry Limited was incorporated in 1988, with commercial operations commencing in 2013 after setting up a production facility in Durgapur, West Bengal. The company operates in the iron and steel foundry business, specializing in casting and manufacturing of access covers and gully grates used in roadway construction to cover storm water, sewerage, telecom, and other utility networks. The product portfolio includes municipal castings, ductile iron pipe fittings, automotive and agricultural castings (rollers and crosskills), railway castings, cast iron counterweights, and screw piles. The company mainly exports to European and Middle Eastern markets and has contributed to major projects such as the New Hamad Port Project, Dubai South Development, and Lusail FIFA Stadium. The production facility spans 20 acres with a 72,000 MT annual capacity, featuring advanced automation, robotic systems, and certifications like ISO 9001:2015 and BSI Kitemark for quality assurance.
Strengths
- Diversified product mix with 500+ customized products.
- Leading global brand for manhole grates and covers.
- Strong presence in Europe and Middle-East markets.
- Rigorous design, quality assurance, and control processes.
- One-stop solution provider for various casting needs.
- Cost-effective production and timely order fulfillment.
- Experienced management team with international expertise.
- Trusted by marquee customers across multiple countries.
Risks
- Disruption of Durgapur facility may severely impact business operations.
- Shortage or price fluctuation of raw materials affects profitability.
- Conflicts of interest may arise with promoters’ other business interests.
- Revenue concentration from limited customers increases business vulnerability.
- Non-ownership of registered office risks lease non-renewal issues.
- Failure to obtain necessary licenses could disrupt business activities.
- High capital needs and debt burden may strain finances.
Super Iron Foundry IPO – Frequently Asked Questions
- The price band for the Super Iron Foundry IPO is set at ₹108 to ₹108 per share.
- The Super Iron Foundry IPO opens on March 11, 2025 and closes on March 13, 2025.
- The tentative listing date for the Super Iron Foundry IPO is March 19, 2025.
- You can apply for the Super Iron Foundry IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Super Iron Foundry, enter lot quantity and UPI ID, then approve the mandate.
- The lot size for the Super Iron Foundry IPO is 1200 shares. Investors must apply for at least one lot (i.e., 1200 shares).