Indobell Insulations IPO Allotment Status

Summary

Indobell Insulation Limited, established in May 1972, specializes in manufacturing insulation products, including nodulated and granulated wool (mineral and ceramic fibre nodules) and prefabricated thermal insulation jackets. The company provides customized insulation solutions for residential, commercial, and industrial applications, with manufacturing units in West Bengal and Maharashtra. Their products are tailored to specific client requirements, offering solutions for 3D and 2D designs, manufacturing drawings, and thermal analysis.

The company has launched its IPO with a total issue size of ₹10.14 crore through a fresh issue of 22.05 lakh shares. This fixed-price issue opened on January 6, 2025, and closed on January 8, 2025. The allotment date for the Indobell Insulation IPO is set for Thursday, January 9, 2025.
 

Steps to Check Indobell Insulation IPO Allotment Status on Registrar Site

• Visit Integrated Registry Management Services Private Limited website.
• Select "Indobell Insulation IPO" from the dropdown menu.
• Enter your PAN ID, Demat Account Number, or Application Number.
• Complete the captcha verification and click "Submit."

Steps to Check Indobell Insulation IPO Allotment Status on BSE SME

• Visit the BSE or NSE IPO Allotment Page.
• Select "Standard Glass Lining IPO" from the dropdown menu.
• Enter your Application Number and PAN ID.
• Confirm captcha and click "Search."

Indobell Insulation Subscription Status

The Indobell Insulation IPO received good investor interest, being subscribed 54.13 times overall. Here is a category-wise breakdown of the subscription as of 6:19:09 PM on January 8, 2025:

• Retail Category: 52.37 times
• Non-Institutional Investors (NII): 51.31 times

As of 6:19:09 PM

Utilisation of IPO Proceeds

The funds raised through the IPO will be utilised as follows:

• Capital Expenditure: Funding the purchase of additional plant and machinery.
• Working Capital: Meeting the company's working capital requirements.
• General Corporate Purposes: Supporting various business objectives.

Indobell Insulation IPO - Listing Details

The shares are scheduled to list on January 13, 2025, on the BSE SME platform. The subscription rate of 54.13 times shows solid investor interest in Indobell Insulation's business model. The funds raised will support the company's expansion plans and operational needs, positioning it for future growth. Investors can check their allotment status through the registrar's website or BSE SME on January 9, 2025. The shares are set to debut on January 13, 2025, marking an important milestone for the company.