The Super Iron Foundry IPO is a fixed-price issue comprising only fresh issuance of 63.01 lakh shares. There is no offer-for-sale (OFS) component. The IPO price has been fixed at Rs 108 per share.
Retail investors can invest in the IPO with bids for a minimum lot size of 1,200, amounting to an investment of Rs 1,29,600. The high net-worth individuals (HNIs) can invest in the IPO with bids for at least two lots of 2,400 shares, requiring a minimum investment of Rs 2,59,200.
Of the 63,01,201 shares on offer – 29,92,800 (47.5%) is allocated for non-institutional investors and 29,92,800 (47.5%) is allocated for retail investors.
Horizon Management Private Ltd. is the book-running lead manager of the Super Iron Foundry IPO. Link Intime India Private Ltd. is the registrar and Giriraj Stock Broking Private Ltd. is the market maker for the IPO.
