Comparison between GLEN Industries IPO and Super Iron Foundry IPO.
IPO Details
GLEN Industries IPO is a SME Fixed Price IPO proposed to list at BSE SME while Super Iron Foundry IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of GLEN Industries IPO is up to ₹59.79 Cr whereas the issue size of the Super Iron Foundry IPO is up to ₹64.64 Cr. The final issue price of GLEN Industries IPO is ₹97.00 per share and of Super Iron Foundry IPO is ₹108.00 per share.
IPO Timetable
GLEN Industries IPO opens on Jul 08, 2025, while Super Iron Foundry IPO opens on Mar 11, 2025. The closing date of GLEN Industries IPO and Super Iron Foundry IPO is Jul 10, 2025, and Mar 13, 2025, respectively.
| | GLEN Industries IPO | Super Iron Foundry IPO |
|---|
| Anchor Bid Date | Jul 07, 2025 | |
| Issue Open | Jul 08, 2025 | Mar 11, 2025 |
| Issue Close | Jul 10, 2025 | Mar 13, 2025 |
| Basis Of Allotment (Tentative) | Jul 11, 2025 | Mar 17, 2025 |
| Initiation of Refunds (Tentative) | Jul 14, 2025 | Mar 18, 2025 |
| Credit of Share (Tentative) | Jul 14, 2025 | Mar 18, 2025 |
| Listing date (Tentative) | Jul 15, 2025 | Mar 19, 2025 |
| Anchor Lockin End date 1 | Aug 10, 2025 | |
| Anchor Lockin End date 2 | Oct 09, 2025 | |
Financials & KPIs
GLEN Industries IPO P/E ratio is 9.33, as compared to Super Iron Foundry IPO P/E ratio of 46.84.
Shares Offered
In the GLEN Industries IPO Retail Individual Investors (RII) are offered 21,07,200 shares while in Super Iron Foundry IPO retail investors are offered 21,07,200 shares. Qualified Institutional Buyers (QIB) are offered 12,04,800 shares in GLEN Industries IPO and 0 shares in Super Iron Foundry IPO.
| | GLEN Industries IPO | Super Iron Foundry IPO |
|---|
| Anchor Investor Reservation | 18,00,000 shares | 0 shares |
| Market Maker Reservation | 3,25,200 shares | 3,15,600 shares |
| QIB | 12,04,800 shares | 0 shares |
| NII | 9,06,000 shares | 29,92,800 shares |
| RII | 21,07,200 shares | 29,92,800 shares |
| Employee | 1,53,600 shares | 0 shares |
| Others | | |
| Total | 61,71,600 shares | 59,85,600 shares |
Bids Received (Subscription)
GLEN Industries IPO subscribed 184.37x in total, whereas Super Iron Foundry IPO subscribed 1.56x.
