Super Iron Foundry

Company Profile
Company Name Super Iron Foundry
Open Date 11-03-2025
Close Date 13-03-2025
Exchange BSE SME
Lot Size 1,200 Shares
Issue Price ₹108 per share
Issue Size 63,01,200 shares
Application Amount ₹1,29,600
Recommendation Avoid
Incorporation: Incorporated in July 1988, the company’s registered office is located in Kolkata, West Bengal. Business Activity: Super Iron Foundry Limited manufactures municipal castings, ductile iron pipe fittings, automotive castings, agricultural castings (rollers and crosskills), railway castings, and cast-iron counterweights. Revenue Stream: In FY24, exports contributed to ₹14,310.39lakhs (93.73%) of total revenue and ₹957.44 lakhs (6.27%) from domestic sales with West Bengal contributing the most at 94.37%. Human Resource: The company has 189 permanent employees as on December 31, 2024.
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Financial Summary in Lakhs

For the Period Ended Mar-22 Mar-23 Mar-24 Nov-24
Revenue 13,215.70 12,480.28 15,482.98 8,719.57
EBITDA 1,058.11 1,201.60 1,630.37 1,630.36
Net Profit 87.88 128.34 394.08 952.52
RoCE 6.74% 9.54% 12.77% 12.73%*
ROE 1.71% 2.44% 6.97% 13.49%*
P/E 203.77 138.46 45.19 19.93*

Tentative Timeline

Opening Date 11-03-2025
Closing Date 13-03-2025
Basis of Allotment 17-03-2025
Initiation of Refunds 18-03-2025
Credit of Shares to Demat 18-03-2025
Listing Date 19-03-2025

Objects of the Issue

Funding of working capital requirements
Repayment/pre-payment, in full or in part, of certain borrowings availed by the Company
General Corporate Purposes

Contact Information

Registered Office PDP Shipping & Projects Limited A-606, Mahavir Icon, Plot numbers 89 & 90, Sector 15, CBD Belapur, Navi Mumbai - 400 614
Phone 022 2756 5053
Email compliance@pdpprojects.com
Website https://www.pdpprojects.com/

Registrar Details

Name Link Intime India Private Ltd
Phone +91-22-4918 6270
Email superiron.smeipo@linkintime.co.in
Website https://linkintime.co.in/Initial_Offer/public-issues.html

IPO Reservation

Retail Shares Offered 29,92,800 (47.5%)
Other Shares Offered 29,92,800 (47.5%)
Market Maker Shares Offered 3,15,600 (5.01%)

Shareholding Pattern

Shareholding Pre Issue (Promoters) 96.53%
Shareholding Post Issue (Promoters) 70.50%

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