Super Iron Foundry Ltd Share Price

History of Super Iron Foundry Ltd

Super Iron Foundry Limited was incorporated as Super Iron Foundry Private Limited at Kolkata, West Bengal, as a Private Limited Company dated July 15, 1988, issued by the RoC. Company status was converted from Private Limited to Public Limited and the name was changed from Super Iron Foundry Private Limited' to Super Iron Foundry Limited' and a fresh Certificate of Incorporation upon conversion to Public Company dated September 11, 2024 was issued by Registrar of Companies, Central Processing Centre. However, there was no commercial activity by the Company until 2008. The Company acquired land in September 2009 for setting up of its production facility at Durgapur, in Burdwan District of West Bengal. The setting up of the factory got completed in year 2013 and commercial production st ...arted in the same year. Since then, the Company has witnessed a series of development, growth and increase in the activities. Strategically located in Durgapur, West Bengal, a mineral rich, the Company manufacture municipal castings, ductile iron pipe fittings, ductile iron automotive castings, ductile iron agricultural castings (rollers and crosskills), railway castings and cast-iron counterweights. The municipal castings are used primarily in major roadway construction projects to provide access covers to cover the storm water, sewerage, telecom and other utility networks. eastern part of India and one of the steel hubs of India, they are engaged in the business of iron and steel foundry; more particularly in the business of casting and manufacturing of access covers and gully grates used in roadway construction. These products are used in major construction projects to provide access covers to cover the storm water, sewerage, telecom and other utility networks. The Company manufactures and exports these covers globally, as these products are compliant with international standards like EN124. Applications of other product groups manufactured by the Company are into automotive, agriculture equipment and applications where weight balancing and stability are crucial. The Company set up a new vertical automatic moulding line through expansion in the year 2015. It further set up fully automated plant in 2021 with high pressure moulding lines, automatic pouring and rooting fettling and painting. The second production capacity was expanded from 24000 MT to 72000 MT p.a. supported by robotic machines in 2021. Since then, the Company has diversified products and produced castings for water pipe networks, railways, counterweights and the agriculture industry. It further has also ventured into robotics for painting and grinding. Apart from these, the Company gave design solution and castings to various prestigious projects 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. Further, Company is in process to supply products for several mega projects in Saudi Arabia such as SIDRA and WAFRA package of ROSHN project in Riyadh and Murcia Housing Project. Presently, Company has diversified its product portfolio and produce castings for water pipe networks, railways, counterweights and the agriculture industry. The Company launched the IPO of 63,01,200 equity shares of face value of Rs 10 by raising Rs 68.05 Crore in March, 2025.