Indobell Insulation IPO

NiftyTrader • January 1, 2025

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Indobell Insulation IPO opens for subscription on January 6, 2025 and closes on January 8, 2025. The allotment for the Indobell Insulation IPO is expected to be finalized on Thursday, January 9, 2025. Indobell Insulation IPO will list on BSE SME with tentative listing date fixed as Monday, January 13, 2025.

Indobell Insulation IPO price is ₹ 46 per share. The minimum lot size for an application is 3000. The minimum amount of investment required by retail investors is ₹1,38,000. The minimum lot size investment for HNI is 2 lots (6,000 shares) amounting to ₹2,76,000.

Indobell Insulation IPO is a fixed price issue of Rs 10.14 crores. The issue is entirely a fresh issue of 22.05 lakh shares.

Indobell Insulation IPO Details

IPO Date	January 6, 2025 to January 8, 2025
Listing Date	[.]
Face Value	₹10 per share
Price	₹ 46 per share
Lot Size	3,000 Shares
Total Issue Size	22,05,000 shares (aggregating up to ₹10.14 Cr)
Fresh Issue	22,05,000 shares (aggregating up to ₹10.14 Cr)
Issue Type	Fixed Price Issue IPO
Listing At	BSE SME
Shareholding pre-issue	40,94,952 shares
Share holding post issue	62,99,952 shares
Market Maker Portion	1,11,000 shares

Indobell Insulation IPO Lot Size

Investors can bid for a minimum of 3000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application	Lots	Shares	Amount
Retail (Min)	1	3000	₹1,38,000
Retail (Max)	1	3000	₹1,38,000
S-HNI (Min)	2	6000	₹2,76,000

Indobell Insulation IPO Objectives

The Objects of the Issue are:

Funding Capital Expenditure towards the purchase of additional plant and machinery
To meet the Working Capital Requirements
General Corporate Purposes

About Indobell Insulation

Incorporated in May 1972, Indobell Insulation manufactures and manufactures insulation products, including nodulated and granulated wool (mineral and ceramic fibre nodules) and prefabricated thermal insulation jackets. The company’s products are used in residential, commercial, and industrial applications alongside various related insulation materials.

The company’s product range includes

Nodulated/Granulated Wool which includes
- Ceramic Fibres Nodules
- Mineral Fibre Nodules
Pre-fabricated Thermal Insulation Jackets

The company provides customized insulation solutions tailored to each client’s needs, including specific sizes, shapes, and densities for projects involving 3D and 2D designs, manufacturing drawings, and thermal analysis.

The company’s manufacturing units are situated in West Bengal and Maharastra. The company has received certifications for ISO 9001:2015 (Quality Management System), ISO 14001:2015 (Environmental Management System), and ISO 45001:2018 (Occupational Health & Safety Management System) for producing Nodulated Fibers and for thermal insulation materials.

As of December 30, 2024, the company employs 31 people in various departments.

Experienced Management Team
Smooth flow of operations
Well-defined organizational structure
Well Established Manufacturing Facility
Quality assurance and accreditations
Diversified Product portfolio

Indobell Insulation Financial Information

Period Ended	30 Sep 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	1,320.22	1,528.77	1,232.03	1,488.6
Revenue	556.3	1,798.57	2,105.22	977.31
Profit After Tax	42.39	103.26	90.01	15.34
Net Worth	609.49	567.09	472.63	389.37
Reserves and Surplus	199.99	157.6	404.38	321.12
Total Borrowing	341.84	526.92	424.34	612.79
				Amount in ₹ Lakhs

Indobell Insulation IPO Reservation

Investor Category	Shares Offered
Retail Shares Offered	50% of the Net Issue
Other Shares Offered	50% of the Net Issue

Indobell Insulation IPO Timeline (Tentative Schedule)

Indobell Insulation IPO opens on January 6, 2025, and closes on January 8, 2025.

IPO Open Date	Monday, January 6, 2025
IPO Close Date	Wednesday, January 8, 2025
Basis of Allotment	Thursday, January 9, 2025
Initiation of Refunds	Friday, January 10, 2025
A credit of Shares to Demat	Friday, January 10, 2025
Listing Date	Monday, January 13, 2025
Cut-off time for UPI mandate confirmation	5 PM on January 8, 2025