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Super Iron Foundry Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Super Iron Foundry Ltd IPO

Registered Office: Aspiration Vintage 12 Pretoria,Street 1st Flr Suite 1B , Kolkata - 700071 , West Bengal , India.
Phone : 033 4060 3050   Fax:
Email :  cs@superironfoundry.com  
Website :  www.superironfoundry.com
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.

Issue Money Payable On
Opens On Closes On Application Allotment
11-Mar-25 13-Mar-25 (Rs)108.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :1200  Further Multiples of :1200

  (Rs Cr) Lead Managers to the Issue
Project Cost 60.24
Horizon Management Pvt Ltd
Project Financed through Current Offer 68.05  
Post Issue Equity Share Capital 23.39  
Issue Price (Rs)108.00  
 
Projects
Funding of working capital requirements of the companyGeneral corporate purposes
Repayment/pre-payment in full or in part of certain borrowings availed by the company
Promoted By
Abhishek Saklecha  
Akhilesh Saklecha  
Neha Saklecha  
Listing At
BSE - SME 
Registrar to the Issue
MUFG Intime India Pvt Ltd