Super Iron Foundry IPO Value Eben: Everything You Need to Know, Super Iron Foundry’s IPO Distribution. When a business first sells shares to the general public, this is known as an IPO, or Initial Public Offering. Recently, a Kolkata-based business called Super Iron Foundry had its IPO, and many people are anxious to learn whether they got stocks. In little terms, let’s grasp this mechanism!
Super Iron Foundry
Producing casting goods used in many sectors and infrastructure projects is Super Iron Foundry. They thought of raising funds by issuing shares in an IPO to the general populace. The company set out to raise 68.01 lakh shares at ₹108 per share and earn ₹68.05 crore.
Super Iron Foundry Offering Public Profile Data
The Super Iron Foundry IPO: Issue Price: ₹108 per equity share. 68.01 lakh rupees million shares raise size: 68.05 crore. March 11–13, 2025 Subscription Dates: Subscription Rate: The IPO was subscribed 1.56 times as on Day 3.
IPO Allocation for Super Iron Foundry
Shares are given to investors by the company and registrar once the IPO subscription period closes. This is called IPO allotment. Particularly if the IPO was oversubscribed, not all candidates could receive stocks. Super Iron Foundry’s IPO was subscribed 1.56 times, therefore suggesting overdose applications over available shares. The Super Iron Foundry IPO will be allocated on March 17, 2025. Shareholders might check their Registrar’s site, Link Intime India Private Ltd, or BSE website allotment status. Here is the way:
Via the website of Link Intime’s portal:
Head over to the Link Intime IPO allocation page: https://linkintime.co.in/internet/openallotment.html. Header Text
Select “Super Iron Foundry” from the dropdown menu.
Give your PAN number, DP/Client ID, or Application Number.
Click on “Search” to check your allotment status.
on BSE’s website
Visit the BSE IPO Allotment Page at [URL: `www.bseindia.com/investors/appli_check.aspx)
Select “Equity” from among the types of questions.
Choose “Super Iron Foundry” from the dropdown menu of the publication title.
Provide your Application Number and PAN Number. Click on Search’ to view your allotment status.
Refunds: Should you not have any shares, refund processing will start on March 18, 2025,, following the allotment being finished on March 17, 2025. March 18, 2025, your demat account credit will reflect these shares have been awarded. Shares should be listed on the BSE SME platform by March 19, 2025.
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In outline
For investors, investing in an IPO like Super Iron Foundry’s is quite exciting. Determined by the allotment process, who gets the shares is a key phase before the public trading of the company’s shares. Remember that stock market investments are risky and knowledge is absolutely important.
Disclaimer
The sole purpose of this post is to inform. Investing in the stock market is hazardous; share values might vary. Before you make any investment decision, please seek financial guidance.