Indobell Insulations IPO
IPO Details
- Open Date
06 Jan 2025
- Close Date
08 Jan 2025
- IPO Price Range
₹ 46
- IPO Size
₹ 10.14 Cr
- Listing Exchange
BSE SME
- Listing Date
13 Jan 2025
IPO Timeline
Indobell Insulations IPO Subscription Status
Date | QIB | NII | Retail | TOTAL |
---|---|---|---|---|
6-Jan-25 | - | 0.4 | 4.26 | 2.33 |
7-Jan-25 | - | 0.81 | 9.73 | 5.27 |
Last Updated: 07 January 2025 5:33 PM by 5Paisa
Indobell Insulation IPO is set to open on 6 January 2025 and will close on 8 January 2025. Indobell Insulation specializes in manufacturing insulation products, including nodulated and granulated wool (ceramic and mineral fibre nodules) and thermal insulation jackets.
The IPO is a fresh issue of 0.22 Cr shares aggregating to ₹10.14 Cr. The price is set at ₹46 per share and the lot size is 3,000 shares.
The allotment is scheduled to be finalised on 9 January 2025. It will go public on BSE SME, with a tentative listing date of 13 January 2025.
Finshore Management Services Ltd is the book running lead manager, while Integrated Registry Management Services Pvt Ltd is the registrar.
Indobell Insulations IPO Size
Types | Size |
---|---|
Total IPO Size | ₹10.14 Cr. |
Offer For Sale | - |
Fresh Issue | ₹10.14 Cr. |
Indobell Insulations IPO Lot Size
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 3000 | 138,000 |
Retail (Max) | 1 | 3000 | 138,000 |
HNI (Min) | 2 | 6000 | 276,000 |
Indobell Insulations IPO Reservation
Investors Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Cr.)* |
---|---|---|---|---|
NII (HNI) | 0.81 | 10,47,000 | 8,52,000 | 3.92 |
Retail | 9.73 | 10,47,000 | 1,01,85,000 | 46.85 |
Total** | 5.27 | 20,94,001 | 1,10,37,000 | 50.77 |
*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.
1. Funding Capital Expenditure towards the purchase of additional plant and machinery
2. To meet the Working Capital Requirements
3. General Corporate Purposes
Indobell Insulation specializes in manufacturing insulation products, including nodulated and granulated wool (ceramic and mineral fibre nodules) and thermal insulation jackets. With ISO certifications, advanced facilities in West Bengal and Maharashtra, and a skilled 31-member team, the company delivers customized, high-quality solutions for residential, commercial, and industrial applications.
Established in: 1972
Managing Director: Mr. Vijay Burman
Peers
Particulars (in Rs. Crores) | FY22 | FY23 | FY24 |
---|---|---|---|
Revenue | 9.77 | 21.05 | 17.99 |
EBITDA | 0.65 | 1.74 | 2.02 |
PAT | 0.15 | 0.90 | 1.03 |
Particulars (in Rs. Crores) | FY22 | FY23 | FY24 |
---|---|---|---|
Total Assets | 14.89 | 12.32 | 15.29 |
Share Capital | 0.68 | 0.68 | 4.10 |
Total Borrowings | 6.13 | 4.24 | 5.27 |
Particulars (in Rs. Crores) | FY22 | FY23 | FY24 |
---|---|---|---|
Net Cash Generated From / (used in) operating activities | -2.82 | 3.13 | 0.30 |
Net Cash Generated From / (used in) investing activities | -0.07 | -0.55 | -0.62 |
Net Cash Generated From / (used in) financing activities | 3.27 | -2.50 | 0.43 |
Net Increase (Decrease) In Cash And Cash Equivalents | 0.38 | 0.08 | 0.11 |
Strengths
1. ISO-certified for quality, environmental, and safety management standards, ensuring high product reliability.
2. Diverse product portfolio catering to residential, commercial, and industrial insulation needs.
3. Customization capabilities for 2D/3D designs, manufacturing drawings, and thermal analysis.
4. Established manufacturing units in West Bengal and Maharashtra with advanced technology.
5. Experienced management team driving operational efficiency and strategic growth.
Risks
1. Limited workforce of 31, potentially impacting scalability for large projects.
2. High dependence on specific geographical regions for manufacturing and operations.
3. Competition from larger players with more extensive distribution networks.
4. Vulnerable to raw material price fluctuations affecting cost stability.
5. Limited brand recognition compared to established global insulation product manufacturers.
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FAQs
Indobell Insulation IPO opens from 6 January 2025 to 8 January 2025.
The size of Indobell Insulation IPO is ₹10.14 Cr.
The price of Indobell Insulation IPO is fixed at ₹46 per share.
To apply for Indobell Insulation IPO, follow the steps given below:
● Login to your 5paisa account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the Indobell Insulation IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size of Indobell Insulation IPO is 3,000 shares and the investment required is ₹138,000.
The share allotment date of Indobell Insulation IPO is 9 January 2025
The Indobell Insulation IPO will be listed on 13 January 2025.
Finshore Management Services Ltd is the book running lead manager for Indobell Insulation IPO.
Indobell Insulation plans to utilise the raised capital from the IPO for:
1. Funding Capital Expenditure towards the purchase of additional plant and machinery
2. To meet the Working Capital Requirements
3. General Corporate Purposes
Contact Information
Indobell Insulations
Indobell Insulation Limited
88C
Lake View Road,
Kolkata - 700029
Phone: +91 99032 51056
Email: cs@indobell.com
Website: https://www.indobell.com/
Indobell Insulations IPO Register
Integrated Registry Management Services Private Limited
Phone: 044 - 28140801 to 28140803
Email: smeipo@integratedindia.in
Website: https://www.integratedregistry.in/RegistrarsToSTA.aspx?OD=1
Indobell Insulations IPO Lead Manager
Finshore Management Services Limited