ListedSMESteel & Iron ProductsSUPERIRON

Super Iron Foundry IPO

Super Iron Foundry IPO is an SME IPO raising ₹68 Cr at a fixed price of ₹108 a share. It listed on 19 Mar 2025 at ₹108, −0.0% against its issue price of ₹108, and trades at ₹38 today (−65.3% since issue). It was subscribed 1.46× in total.

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₹108

Issue price

₹38

Price now

−65.3%

Since issue price

19 Mar 2025

Listed on

1.46×Subscribed (final) · all exchanges

Just covered — bids slightly exceed the shares on offer

populated partly populated we hold nothing here — the tab says why

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Issue price (fixed)₹108

Cut-off price₹108

Issue size₹68 Cr

Shares per lot1200

Minimum application₹1,29,600

Minimum quantity1200

Face value₹10

Listing exchangesBSE

ISININE16IQ01014

Bidding hours10:00 – 17:00 IST

Bidding window11 Mar 2025 – 13 Mar 2025

SME

What being an SME issue means here. SME issues list on NSE Emerge or BSE SME. They disclose less than mainboard issues, trade far more thinly, and — by regulation — the minimum application is a full lot worth roughly ₹1–1.5 lakh rather than about ₹15,000. That is why the minimum above is so much larger than for a mainboard issue.

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.