Super Iron Foundry IPO Allotment Status

Summary

Super Iron Foundry Limited, established in July 1988, manufactures various types of castings for municipal, automotive, and agricultural applications. The Super Iron Foundry IPO comes with a total issue size of ₹68.05 crore, which is entirely a fresh issue of 63.01 lakh shares. The IPO opened on March 11, 2025, and closed on March 13, 2025. The allotment date for the Super Iron Foundry IPO is expected to be finalized on Monday, March 17, 2025.
 

Steps to Check Super Iron Foundry IPO Allotment Status on Registrar Site

• Visit Link Intime India Private Ltd website
• Select "Super Iron Foundry IPO" from the dropdown menu on the allotment status page
• Enter your PAN ID, Demat Account Number, or Application Number in the designated field
• Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check Super Iron Foundry IPO Allotment Status on BSE

• Navigate to the BSE SME IPO Allotment Status Page
• Choose "Super Iron Foundry IPO" from the list of active IPOs in the dropdown menu
• Input your Application Number and PAN ID in the required fields
• Verify the captcha and click "Search" to check your allotment status

Super Iron Foundry IPO Subscription Status 

Super Iron Foundry IPO received moderate investor interest, being subscribed 1.56 times overall. Here is a category-wise breakdown of the subscription as of 6:19:33 PM on March 13, 2025:

• Retail Category: 1.79 times
• Non-Institutional Investors (NII): 1.34 times

As of 6:19:33 PM

Utilization of IPO Proceeds 

The funds raised through the IPO will be utilized as follows:

• Working Capital: Funding working capital requirements of the company
• Debt Reduction: Repayment/pre-payment of certain borrowings
• General Corporate Purposes: Supporting various business initiatives

Business Overview 

The company exports its products to 38 countries, including the USA, Canada, UK, and Germany, with manufacturing facilities in Durgapur, West Bengal covering about 20 acres and holding ISO 9001:2015 and ISO 14001:2018 certifications.