Indobell Insulation Limited IPO is opening on 6 January 2025 and closing on 8 January 2025. This is an SME IPO looking to raise ₹10.14 crore from a fresh issue of 22.05 lakh equity shares.
The Indobell Insulation IPO allotment date will be finalized on Thursday, 9 January 2025. Indobell Insulation shares will be probably listed on BSE SME on Monday, 13 January 2025.
Indobell Insulation IPO’s price band is a fixed price issue and the price set for this is ₹ 46 per share. This makes the minimum investment for retail investors wanting to subscribe to the IPO as ₹ 138000 while that of HNIs is ₹ 276000 as they need to buy a minimum of 2 lots.
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Indobell Insulation BSE SME IPO Details
| Detail | Information |
| IPO Opening Date | January 6, 2025 |
| IPO Closing Date | January 8, 2025 |
| Tentative IPO Listing Date | January 13, 2025 |
| Face Value | ₹10 per share |
| Price Range | ₹46 per share |
| Lot Size | 3000 shares |
| Total Issue Size | 2205000 shares (₹10.14Cr) |
| Fresh Issue | 2205000 shares (₹10.14Cr) |
| IPO Segment | Fixed Price Issue |
| Listing At | BSE SME |
| Share Holding Pre-Issue | 4094952 shares |
| Share Holding Post-Issue | 6299952 shares |
Indobell Insulation Limited | Company Overview
Indobell Insulation Limited has had a prolonged presence in the market since 1972 as a manufacturer of insulation products such as granulated wool, ceramic fiber nodules, and mineral fiber nodules, prefabricated thermal insulated jackets.
The products of the company are mostly used in commercial, residential as well as industrial applications along with different insulation materials. The firm also personalizes the products as per the needs of the clients. For instance, the jackets are tailor-made according to specific size, shape, designs that include both 3D and 2D designs, thermal analysis, and more.
The manufacturing units of Indobell Insulation are located in West Bengal and Maharashtra.
Indobell Insulation Limited IPO | Key Details
- Indobell Insulation IPO Opening Date: January 6, 2025,
- Indobell Insulation IPO Closing Date: January 8, 2025.
- Allotment Date: January 9, 2025
- Price Band: ₹46 per share
- Lot Size: 3000 shares
- Refunds Initiated: January 10, 2025
- Shares Credited to Demat: January 10, 2025
- Listing Date: January 13, 2025
Indobell Insulation Ltd: Financial Overview
Indobell Insulation Limited, during FY24, saw a jump of around 14% in its PAT however, during the same period, its revenue dropped by around 14% as well.
Here are the details of the financials of the firm
Amounts in ₹ Lakhs
| Financial Information | FY24 | FY23 | Absolute Change | Change (%) |
| Assets | 1,528.77 | 1,232.03 | 296.74 | 24.09 |
| Revenue | 1,798.57 | 2,105.22 | -306.65 | -14.57 |
| Profit After Tax | 103.26 | 90.01 | 13.25 | 14.72 |
| Net Worth | 567.09 | 472.63 | 94.46 | 19.99 |
| Reserve & Surplus | 157.6 | 404.38 | -246.78 | -61.03 |
| Total Borrowing | 526.92 | 424.34 | 102.58 | 24.17 |
FAQs | Indobell Insulation Ltd IPO
Indobell Insulation Ltd is engaged in producing granulated wool, ceramic fiber nodules, mineral fiber nodules, and prefabricated thermal insulated jackets.
The tentative IPO listing date of Indobell Insulation has been fixed as Monday, January 13, 2025.
The bidding date for the Indobell Insulation IPO is January 6, 2025, and it will continue until January 8, 2025.
The minimum IPO lot size for Indobell Insulation is 3000 shares. The HNIs need to buy at least 2 lots which means 6000 shares.
The IPO allotment is expected to be finalized on Thursday, January 9, 2025.
The IPO face value is set at ₹10 per share.
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