IPO Issue Details
Issue Price / Price Band₹46 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size3,000 Shares per Lot
Total Issue Size22,05,000 shares (aggregating up to ₹10.14 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenMon, 06 Jan 2025
Subscription CloseWed, 08 Jan 2025
Anchor AllotmentSun, 05 Jan 2025
Basis of AllotmentThu, 09 Jan 2025
Initiation of RefundsFri, 10 Jan 2025
Credit of Shares to DematFri, 10 Jan 2025
Listing DateMon, 13 Jan 2025
UPI Mandate Deadline2025-01-08
Application & Investment Details
Retail — Min (1 Lots)138000 — 3000 shares
Retail — Max (13 Lots)₹1,794,000 (13 Lots)
HNI — Min (2 Lots)276000 — 6000 shares
EPS (Pre-IPO)₹2.52
EPS (Post-IPO)₹1.35
P/E Ratio (Pre-IPO)18.24x
P/E Ratio (Post-IPO)34.18x
Net Offer to Public20,94,000 shares (aggregating up to ₹9.63 Cr)
Reserved for Market Maker1,11,000 shares (aggregating up to ₹0.5106 Cr)
Pre-IPO Promoter Holding40,94,952 shares
Post-IPO Promoter Holding62,99,952 shares
About Indobell Insulations Ltd.
Incorporated in May 1972, Indobell Insulation Limited 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 includesNodulated/Granulated Wool which includesCeramic Fibres NodulesMineral Fibre NodulesPre-fabricated Thermal Insulation JacketsThe 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 TeamSmooth flow of operationsWell-defined organizational structureWell Established Manufacturing FacilityQuality assurance and accreditationsDiversified Product portfolio
Objects of the Issue
Indobell Insulations Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
Funding Capital Expenditure towards the purchase of additional plant and machinery
2
To meet the Working Capital Requirements
3
General Corporate Purposes
Shareholding & Lock-in
Pre-IPO Promoter Holding
40,94,952 shares
Post-IPO Promoter Holding
62,99,952 shares