The Indobell Insulation IPO has been structured as a fixed price issue amounting to ₹10.14 crores. A total of 22.05 lakh shares are being offered entirely as a fresh issue.
The subscription period for the Indobell Insulation IPO is scheduled from January 6, 2025, to January 8, 2025. The allotment is anticipated to be finalized on Thursday, January 9, 2025, with the IPO expected to be listed on the BSE SME platform on Monday, January 13, 2025.
A price of ₹46 per share has been set for the IPO. The minimum application lot size has been specified as 3,000 shares, requiring a retail investor to invest at least ₹1,38,000. For high-net-worth individuals (HNIs), the minimum investment involves 2 lots (6,000 shares), amounting to ₹2,76,000.
Get the Indobell Insulation IPO RHP for detailed information.
| IPO Date | January 6, 2025 to January 8, 2025 |
| Listing Date | January 13, 2025 |
| Face Value | ₹ 10 / Share |
| Price Band | ₹ 46 to ₹ -- / Share |
| Lot Size | 3000 Shares |
| Total Issue Size | ₹10.14 Cr |
| Fresh Issue | ₹10.14 Cr |
| Offer for Sale | |
| Employee Discount | |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 40,94,952 |
| Share holding post issue | 62,99,952 |
| Market Maker portion | 1,11,000 |
Indobell Insulation Limited IPO opens on January 6, 2025, and closes on January 8, 2025.
| IPO Open Date | January 6, 2025 |
| IPO Close Date | January 8, 2025 |
| Basis of Allotment | January 9, 2025 |
| Initiation of Refunds | January 10, 2025 |
| Credit of Shares to Demat | January 10, 2025 |
| Listing Date | January 13, 2025 |
| Cut-off time for UPI mandate confirmation | January 8, 2025 |
Bids for the Indobell Insulation IPO can be placed for a minimum of 3,000 shares and in multiples thereof. The table below illustrates the minimum and maximum investment requirements for retail investors and HNIs in terms of both shares and amounts.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | |
| Retail (Max) | 1 | 3,000 | |
| S-HNI (Min) | 2 | 6,000 | |
| S-HNI (Max) | |||
| B-HNI (Min) | |||
| HNI (Min) |
| Share Holding Pre Issue | 99.99% |
| Share Holding Post Issue | 65.00% |
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | |
|
| Market Maker Shares Offered | |
|
| Other Shares Offered | |
|
| QIB Shares Offered | |
|
| NII (HNI) Shares Offered | |
|
| bNII > ₹10L | |
|
| sNII < ₹10L | |
|
| Retail Shares Offered | 50% of the Net Issue |
|
| Employee Shares Offered | |
|
| Total Shares Offered | 50% of the Net Issue |
| Bid Date | |
| Shares Offered | |
| Anchor Portion Size (In Cr.) | |
| Anchor lock-in period end date for 50% shares (30 Days) | |
| Anchor lock-in period end date for remaining shares (90 Days) |
Established in May 1972, Indobell Insulation Limited is recognized for the manufacturing of insulation products, including nodulated and granulated wool (comprising mineral and ceramic fibre nodules) as well as prefabricated thermal insulation jackets. The products are utilized in residential, commercial, and industrial applications, alongside other related insulation materials.
| KPI | Values |
|---|---|
| ROE | 18.21% |
| ROCE | 28.15% |
| Debt/Equity | 0.93 |
| RoNW | 18.21% |
| P/BV | |
| PAT Margin (%) | 5.74 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 2.52 | 1.35 |
| P/E (x) | 18.24 | 34.18 |
The objectives of the issue have been identified as follows:
Indobell Insulation Limited 88C, Lake View Road, Kolkata - 700029 Phone: +91 99032 51056 Email: cs@indobell.com Website: https://www.indobell.com/ |
Integrated Registry Management Services Private Limited Phone: 044 - 28140801 to 28140803 Email: smeipo@integratedindia.in Website: https://www.integratedregistry.in/RegistrarsToSTA.aspx?OD=1 |
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