Super Iron Foundry IPO

Super Iron Foundry IPO: 63,01,200 shares worth ₹68.05 Cr to fund working capital, repay borrowings & meet general corporate purposes.

Important Details

Open Date : March 11, 2025 Close Date : March 13, 2025 Allotment Date: March 17, 2025 Listing Date: March 19, 2025

Important Details

IPO Price: INR 108 per share Lot Size: 1200 Shares Total Issue Size: INR 68.05 crores

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Fundamental Analysis

Super Iron Foundry IPO shows mixed performance: 1. Profitability: Improving trends. 2. Leverage: Declining debt levels. 3. Concerns: Revenue growth, inventory management.

Peer Comparison

Super Iron Foundry IPO Comparison: 1. Super Iron Foundry: ₹15,482.99L revenue, ₹2.39 EPS, 6.97% RoNW. 2. Bhagwati & Universal: Higher NAVs & EPS. 3. Bhagwati: Lowest P/E ratio at 20.40.

Objective

Super Iron Foundry IPO Objective: 1. ₹29 Cr for working capital. 2. ₹16 Cr for debt repayment. 3. Rest for branding, expansion & strategic initiatives.

Risks And Challenges

Super Iron Foundry IPO Risks: 1. Revenue Risk: 95% from 10 clients. 2. Client Loss Impact: Financial performance may suffer. 3. Concerns: Manufacturing disruptions, negative cash flow, growth risks.