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Super Iron Foundry Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

₹ 68.05 cr

Price Range (₹)

₹ 108

Lot Size

1200

Min Investment (₹)

₹ 1,29,600.00

Listing Exchange

BSE - SME

Open Date

11-Mar-2025

Close Date

13-Mar-2025

Listing Date

19-Mar-2025

Latest IPO News

    Super Iron Foundry Ltd IPO Details

    Initial public offer of upto 63,01,200 equity shares of face value of Rs. 10 each (Equity Shares) of the company at an offer price of Rs. 108 per equity share (including a share premium of Rs. 98 per equity share) for cash, aggregating up to Rs. 68.05 crores (public offer) out of which 3,15,600 equity shares of face value of Rs. 10 each, at an offer price of Rs. 108 per equity share for cash, aggregating Rs. 3.41 crores will be reserved for subscription by the market maker to the issue (the market maker reservation portion). The public issue less market maker reservation portion i.e. issue of 59,85,600 equity shares of face value of Rs.10 each, at an issue price of Rs. 108 per equity share for cash, aggregating up to Rs. 64.64 crores is hereinafter referred to as the net issue. The public issue and net issue will constitute 26.94% and 25.59% respectively of the post-issue paid-up equity share capital of the company.The face value of the equity share is Rs.10/- and the offer price is 10.8 times of the face value.

    Objective of issue

    Funding of working capital requirements of the company. Repayment/pre-payment in full or in part of certain borrowings availed by the company. General corporate purposes.

    Super Iron Foundry Ltd Contact Details

    Super Iron Foundry Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

    Phone - 91-22-49186000

    Fax - 91-22-49186060

    Email - cs@superironfoundry.com

    Website - www.superironfoundry.com