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Chemical
Sub Sector: produce castings for water pipe networks, railways, counterweights and the agriculture industry
Exchange:
BSE
Emerge
Super Iron Foundry mainly export our products to European and Middle Eastern markets. In Europe, they sell through distributors, wherein their Company does subcontract manufacturing for the distributors under their brand. The orders for the European business are fairly stable year on year basis, with exception during the period prior to snowfall in European countries, which generally lasts from July till September. Their Middle East business is driven through agents who works in mega projects on behalf of their Company and they typically carry minimal stocks and supply to the projects directly. Super Iron Foundry has successfully given design solutions and castings to various prestigious projects in Middle East like New Hamad Port Project (Qatar), New Turkish Air Base (Qatar), Airport expansion project in Oman, Dubai South developmental project, Lusail FIFA Stadium project, Al Barwah project in Doha to name a few. There is no seasonality in Middle East business except for the month of Ramadan, where construction activities take a dip. They have now diversified product portfolio and produce castings for water pipe networks, railways, counterweights and the agriculture industry. Their Company has a manufacturing facility and warehouse in the state of West Bengal at Jhanjra Village Road, P.S. Faridpur, P.O. Laudoha, Durgapur, District Burdwan – 713385, spreading over approximately 20 acres of land. Their manufacturing facility has a production capacity of 72,000 MT per annum. We have automated and upgraded most of our production parameters, like our sand plant, chemical and mechanical laboratory, automatic high pressure moulding lines, automatic metal pouring and more. Further, Company has also ventured into robotics by having the best in practice robotic arms for painting and grinding. Such technology upgrades have benefited us in multiple ways such as - low power consumption, improved production efficiency, higher utilization rate, and higher profit margin. Such factors are anticipated to propel the growth of the Company in the market.
Link Intime India Private Limited
Super Iron Foundry operates in Chemical and produce castings for water pipe networks, railways, counterweights and the agriculture industry. The Issue would be listed on SME. The registrar of the Issue is Link Intime India Private Limited. The IPO type of Super Iron Foundry is Fixed Price Issue and Object of issue is
Merchant Banker of Super Iron Foundry IPO is Horizon Management Private Limited
The DRHP (Draft Red Herring Prospectus) of Super Iron Foundry IPO was filed on 28 Sep 2024.
No, Super Iron Foundry IPO is not yet listed. See other upcoming SME IPOs here.
The IPO open date and IPO close date of Super Iron Foundry are not available now. You can apply in Super Iron Foundry IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.
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