Sharescart Research Club logo
Apollo Green 72 (28.6%)ASK Investment 895 (-3.2%)AVPL 49 (0%)Bootes Impex 775 (-8.8%)CIAL 442 (-0.5%)CSK 254 (-3.1%)ESDS Software 478 (2.8%)Garuda Aerospace 468 (-2.1%)Goodluck Defence 385 (16%)Hero Motors 325 (0%)Hinduja Leyland 248 (0%)ICL Fincorp 25 (0%)Incred Holdings 154 (2.7%)Kineco Limited 3285 (0%)Lava 60 (15.4%)Market Simplified 26 (-7.1%)Matrix Gas 12 (-20%)Motilal Oswal 12.25 (-2%)MSEI 6.35 (-2.3%)NCDEX 368 (-1.6%)NSE 1985 (-2%)Onix Renewable 68 (21.4%)OYO 23 (-4.2%)OYO Assets 9.25 (-7%)Philips India 1250 (0%)Polymatech Electronics 56 (-3.4%)SBI Mutual 768 (-0.9%)Taparia Tools 6050 (0%)VCI Chemical 64 (0%)Zepto 40 (-4.8%)

15 Days Price Change

Super Iron Foundry IPO

Closing In

  • days
  • Hours
  • Minutes
  • Seconds
Profile
Issue Size --
Profile
Price Range 108  to  108 per share
Profile
Min Investment ₹108
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus --
Invest Before the IPO Goes Live

Buy unlisted shares early and participate in the growth before public listing.

Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Super Iron Foundry Limited (SIFL), established in 1988 by Mr. Narendra Jain, is one of India's oldest manufacturers of grey iron castings. The company operates from its state-of-the-art facility in Durgapur, West Bengal, with an annual production capacity of 72,000 metric tons. SIFL offers a diverse range of products, including municipal castings, ductile iron pipe fittings, automotive and agricultural castings, railway components, counterweights, and screw piles. Their clientele spans municipal and infrastructure sectors, railways, private corporations, and standalone projects, both domestically and internationally. Notably, SIFL has contributed to significant projects like the New Hamad Port and Lusail FIFA Stadium in Qatar. The company holds ISO certifications (9001:2015, 14001:2015, 45001:2018) and a Kitemark Certificate from BSI, UK, underscoring its commitment to quality. In September 2024, SIFL transitioned from a private to a public limited company, reflecting its growth and expansion plans. Read More

Basic Info

Face Value 10 per share

Price 108  to  108 per share

P/E (x) 23.5

Sales( Cr.) 159

PAT( Cr.) 11

EPS 4.6

Draft Prospectus --

Exchange BSE-SME

Promoter

Company Promoters

Abhishek Saklecha Akhilesh Saklecha Neha Saklecha Priyanka Saklecha.

Pre Issue Share Holding 96.53%

Post Issue Share Holding 70.53%

Listing Details:

Listing Price: 107.95

Listing Gain: -0.05%

Current Price: 45.9

Gain On Issue: 45.9 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Mar 11, 2025
Closing Date Mar 13, 2025
Allotment Mar 14, 2025
Refund Mar 17, 2025
Delivery of Shares Mar 17, 2025
Listing Date Mar 18, 2025

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 1200 129,600
Retail (Max) 1 1200 129,600
S-HNI (Min) 2 2400 259,200
S-HNI (Max) 7 8400 907,200
B-HNI (Min) 8 9600 1,036,800

Objective of the Issue

1. Funding of working capital requirements of the company . 2. Repayment/pre-payment, in full or in part, of certain borrowings availed by the Company. 3. General corporate purposes.

Issue

Category Nos Bid Bid (x)
QIB 0 0 0x
NII 3150600 4221804 1.3x
Retail 3150600 5639574 1.8x
EMP 0 0 0x
Total 6301200 9829872 1.6x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Super Iron Foundry Profit & Loss

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 132 125 155 159
Other Income 0 1 2 8
Total Income 132 126 157 167
Total Expenditure 122 114 139 138
Operating Profit 10 12 18 28
Interest 4 6 8 8
Depreciation 4 4 5 6
Exceptional Income / Expenses 0 0 0 0
Profit Before Tax 1 2 5 14
Provision for Tax 1 1 1 3
Profit After Tax 1 1 4 11
Adjustments 0 0 0 0
Profit After Adjustments 1 1 4 11
Adjusted Earnings Per Share 0.5 0.8 2.4 4.6

Super Iron Foundry Balance Sheet

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 51 53 57 173
Minority's Interest 0 0 0 0
Borrowings 38 30 30 14
Other Non-Current Liabilities 1 1 1 3
Total Current Liabilities 107 126 145 120
Total Liabilities 198 209 233 310
Fixed Assets 37 47 45 113
Other Non-Current Assets 25 11 11 11
Total Current Assets 136 151 176 186
Total Assets 198 209 233 310

Super Iron Foundry Cash Flow

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 2 4 4 4
Cash Flow from Operating Activities -26 12 12 6
Cash Flow from Investing Activities -11 -0 -2 -41
Cash Flow from Financing Activities 39 -12 -10 33
Net Cash Inflow / Outflow 2 0 -0 -3
Closing Cash & Cash Equivalent 4 4 4 1

Super Iron Foundry Ratios

# Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.53 0.78 2.39 4.6
CEPS(Rs) 3.25 3.22 5.52 6.96
DPS(Rs) 0 0 0 0
Book NAV/Share(Rs) 31.11 31.89 34.45 55.75
Core EBITDA Margin(%) 7.66 8.66 10.15 12.74
EBIT Margin(%) 4.38 6.57 8.13 14.27
Pre Tax Margin(%) 1.13 1.43 3.05 8.98
PAT Margin (%) 0.67 1.03 2.55 6.78
Cash Profit Margin (%) 4.06 4.26 5.88 10.26
ROA(%) 0.44 0.63 1.78 3.96
ROE(%) 1.71 2.47 7.2 11.48
ROCE(%) 3.27 4.69 7.22 11.24
Receivable days 131.94 171.09 169.9 135.77
Inventory Days 193.62 199.35 178.99 218.04
Payable days 106.27 118.7 168.52 151.73
PER(x) 0 0 0 16.44
Price/Book(x) 0 0 0 1.36
Dividend Yield(%) 0 0 0 0
EV/Net Sales(x) 1.05 1.06 0.85 1.72
EV/Core EBITDA(x) 13.48 10.85 7.4 9.68
Net Sales Growth(%) 0 -5.56 24.06 2.5
EBIT Growth(%) 0 41.77 53.46 79.88
PAT Growth(%) 0 46.01 207.08 172.85
EPS Growth(%) 0 46.01 207.07 92.44
Debt/Equity(x) 2.45 2.29 2.09 0.74
Current Ratio(x) 1.27 1.2 1.21 1.55
Quick Ratio(x) 0.62 0.67 0.62 0.69
Interest Cover(x) 1.35 1.28 1.6 2.7
Total Debt/Mcap(x) 0 0 0 0.55

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 3% 6% 0% 0%
Operating Profit CAGR 56% 41% 0% 0%
PAT CAGR 175% 122% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 29% NA% NA% NA%
ROE Average 11% 7% 6% 6%
ROCE Average 11% 8% 7% 7%

Company Contact Information

Super Iron Foundry Ltd.

Aspiration Vintage 12, Pretoria Street 1st Floor, Suite 1 B

IPO Lead Manager(s)

Super Iron Foundry Ltd.

Horizon Management Pvt Ltd.

Registrar Info

Super Iron Foundry Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

Wealth Icon
Don’t Miss Out on Unlisted Shares

Open your account today and gain instant access to top unlisted shares and pre-IPO opportunities.

whatsapp