Super Iron Foundry Limited IPO GMP

Super Iron Foundry Limited manufactures iron and steel castings, including access covers, gully grates, and municipal castings for roadway and utility networks. It also produces ductile iron pipe fittings, automotive and agricultural castings, railway components, and counterweights. With a modern, sustainable facility, it serves global markets with high-quality casting solutions.

Super Iron Foundry, a Fixed Price Issue amounting to ₹ 68.05 Crores, consisting an entirely Fresh Issue of 63.01 Lakh Shares. The subscription period for the Super Iron Foundry IPO opens on March 11, 2025, and closes on March 13, 2025. The allotment is expected to be finalized on or about Monday, March 17, 2025, and the shares will be listed on the BSE SME with a tentative listing date set on or about Wednesday, March 19, 2025.

The Share price of Super Iron Foundry IPO is set at ₹ 108 per equity share. The Market Capitalisation of the Super Iron Foundry Limited at IPO price of ₹ 108 per equity share will be ₹ 252.65 Crores. The lot size of the IPO is 1,200 shares. Retail investors are required to invest a minimum of ₹ 1,29,600, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (2,400 shares), amounting to ₹ 2,59,200.

Horizon Management Private Limited is the book running lead manager of the Super Iron Foundry IPO, while Link Intime India Private Limited is the registrar for the issue. Giriraj Stock Broking Private Limited is the Market Maker for Super Iron Foundry IPO.

Super Iron Foundry Limited IPO GMP Today
The Grey Market Premium of Super Iron Foundry Limited IPO is expected to be ₹ 0 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Super Iron Foundry Limited IPO Live Subscription Status Today: Real-Time Update
Super Iron Foundry IPO will be open for Subscription on March 11, 2025.

Super Iron Foundry Limited Day Wise IPO GMP Trend

Super Iron Foundry Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online
Super Iron Foundry IPO allotment date is 17 March, 2025, Monday. Super Iron Foundry IPO Allotment will be out on 17 March, 2025 and will be live on Registrar Website from the allotment date. Check Super Iron Foundry IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Super Iron Foundry Limited IPO from the dropdown list of IPOs
- Enter your application number, PAN, or DP Client ID
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Super Iron Foundry Limited IPO
Super Iron Foundry proposes to utilise the Net Proceeds towards the following objects: 
1. ₹ 2,900.00 Lakhs for funding Working Capital Requirements;
2. ₹ 1,600.00 Lakhs for Repayment/pre-payment, in full or in part, of certain borrowings;
3. ₹ 1524.39 Lakhs is required for General Corporate Purpose.

Refer to Super Iron Foundry Limited RHP for more details about the Company.