What was the last grey market premium of Super India Foundry IPO?
For latest GMP, Click
Subscription status of Super India Foundry IPO
Super Iron Foundry IPO Price Rs. 108 Lot 1200 shares, Rs. 68.05 Crore |
||||
QIB | NII x | RII x | Total x | Applications |
1.34 | 1.79 | 1.56 | 6,315 | |
Amount wise bids recd. Rs. ? Crore | ||||
Note: |
What is the business of Super India Foundry?
Super India Foundry IPO Details |
|
IPO opens on | 11 March 2025 |
IPO closes on | 13 March 2025 |
Issue Type | Book Built Issue IPO |
Issue Size | 6301200 Shares / Rs 68.05 Crore |
* Fresh Issue | 6301200 Shares / Rs 68.01 Crore |
* Offer for Sale – | – shares / Rs.- crore |
Market Maker Portion | 315600 Shares |
Net offer to Public | 5985600 Shares/ Rs 64.64 Crore |
Face Value per share | Rs. 10 |
Price Band | Rs. 108 |
Employee discount | Rs. 0 per share |
Retail Lot Size | 1200 Shares |
Listing will at | BSE SME |
Shares offered in IPO |
||
Shares | Rs. (Crore) | |
QIB (0%) | – | – |
HNI (50%) | 2992800 | 32.32 |
RII (50%) | 2992800 | 32.32 |
Total Shares | 5985600 | 64.64 |
Retail portion will be oversubscribed by |
1871 | |
Forms | ||
How much Shares to Apply in this IPO? | ||
Min Retail Application | 1600 Shares | Rs.144000 |
Min HNI Application | 3200 Shares | Rs. 288000 |
Who are the Promoters of Super India Foundry?
The promoters of the company are Abhishek Saklecha, Akhilesh Saklecha, Neha Saklecha and Priyanka Saklecha.
What are the Objects of Super India Foundry IPO?
The Company proposes to utilize the Net Proceeds from Issue towards funding the following objects:
-
Funding of working capital requirements of the Company
-
Repayment/pre-payment, in full or in part, of certain borrowings availed by the Company
-
General corporate purposes
Tentative timetable |
|
IPO opens on | 11 March 2025 |
IPO Closes on | 13 March 2025 |
IPO Allotment on | 17 March 2025 |
Refund Initiation | 18 March 2025 |
Credit of Shares | 18 March 2025 |
Listing on | 19 March 2025 |
Registered Office of the Company Aspiration Vintage 12, Pretoria Street, 1st Floor, Suite 1B, Kolkata – 700 071 |
Who is the Lead Manager of this IPO? Horizon Management Private Limited |
Who is the Registrar to IPO? MUFG INTIME INDIA PRIVATE Ltd |
Super India Foundry IPO GMP grey market premium, review, Subscription, allotment, listing estimate
Super India Foundry IPO Financial & Analytical Ratios |
||||
Year | Total Income |
Net Profit |
EPS | RoNW |
Rs.in Crore | Rs.in Crore | Rs. | % | |
2021-22 | 132.31 | 0.88 | – | – |
2022-23 | 126.23 | 1.28 | – | – |
2023-24 | 156.87 | 3.94 | 2.31 | 6.97 |
Book Value of the Share on 31.03.2024 |
– | |||
BV of the Share at cap price after IPO |
Rs. | |||
Offer Price/upper band | Rs. | 108 |
Key Performance
|
|
Price/EPS of 23-24 | 46.84 |
Price/BV Ratio | 3.15 |
Debt/Equity Ratio | 6.26 |
How Super India Foundry IPO compares with the Peers?
As per RHP | FV | Price to | PE |
Book Value | Ratio | ||
Super India Foundry | 3.18 | 46.84 | |
Bhagwati Autocast | 2.75 | 20.40 | |
United Auto Foundry | 2.71 | 79.10 | |
# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.
Super India Foundry IPO Review by Paresh Gordhandas, CA & Research Analyst.
+ from grey market angle: so-so
Quicklinks