Indobell Insulation IPO
GMP, Subscription, Price, Dates & Financial Details
Indobell Insulations Limited, initially incorporated as "Indobell Insulations Private Limited" in 1972, became a public limited company in 2012. The company specializes in manufacturing insulation products such as nodulated/granulated wool (ceramic and mineral fibre nodules) and pre-fabricated…
Open Date
Mon, 06 Jan 2025
Close Date
Wed, 08 Jan 2025
Issue Price
₹ 46
Lot Size
3000
Issue Size
₹ 10.14 Cr
Minimum Investment
₹ 276,000 (6000 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Indobell Insulation IPO has successfully completed its IPO process and is now listed on BSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a fixed price issue with a total issue size of ₹10.14 Crore, comprising a fresh issue of 22.05 Lakh equity shares aggregating to ₹10.14 Crore.
The Indobell Insulation IPO remained open for subscription from January 06, 2025, to January 08, 2025. The basis of allotment was finalized on January 09, 2025, and the company's shares were listed on BSE SME Platform on January 13, 2025.
The company had fixed the price at ₹46 per share, with a lot size of 3000 shares. Retail investors were required to make a minimum investment of ₹276,000 (based on the upper price band) to apply for one lot.
Integrated Registry Management Services Private Limited served as the registrar to the issue. Finshore Management Services Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Indobell Insulation Limited is now a publicly listed company on BSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Indobell Insulation IPO Timeline (Tentative)
- IPO Open Date
- Mon, 06 Jan 25
- IPO Close Date
- Wed, 08 Jan 25
- Basis of Allotment
- Thu, 09 Jan 25
- Initiation of Refunds
- Fri, 10 Jan 25
- Credit of Shares to Demat
- Fri, 10 Jan 25
- Listing Date
- Mon, 13 Jan 25 — NSE & BSE
Open Date
06 January 2025
Close Date
08 January 2025
Basis Of Allotment
09 January 2025
Listing Date
13 January 2025
IPO Subscription
Check Live Subscription →The Indobell Insulation IPO has received bids for 11,34,57,000 shares against 20,94,000 shares offered, resulting in an overall subscription of 54.18x. the NII category is subscribed 51.41x, Retail Investors 52.37x, and QIBs 0x.
QIB
0x
NII
51.41x
RII
52.37x
Total
54.18x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 10,47,000 shares, representing 50% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 0 shares (%), while Non-Institutional Investors (NIIs) receive 10,47,000 shares (50%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Market Maker | 111,000 | 0% |
| Non-Institutional | 1,047,000 | 50% |
| Retail Investors | 1,047,000 | 50% |
| Total | 2,094,000 | 100% |
Financials Details(₹ in Crores)
| Particular | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 1320.22 | 1528.77 | 1232.03 | 1488.6 |
| Revenue | 556.3 | 1798.57 | 2105.22 | 977.31 |
| Profit After Tax | 42.39 | 103.26 | 90.01 | 15.34 |
| Net Worth | 609.49 | 567.09 | 472.63 | 389.37 |
| Reserve & Surplus | 199.99 | 157.6 | 404.38 | 321.12 |
| Total Borrowings | 341.84 | 526.92 | 424.34 | 612.79 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Indobell Insulation Limited KPI Information
| Particular | KPI as of Mar 31, 2025. |
|---|---|
| ROE % | 18.21 |
| ROCE % | 28.15 |
| Debt / Equity | 0.93 |
| RoNW % | 18.21 |
| Pat Margin % | 5.74 |
Peers Comparison
No Peer Comparision Available
About Indobell Insulation Limited
Indobell Insulations Limited, initially incorporated as "Indobell Insulations Private Limited" in 1972, became a public limited company in 2012. The company specializes in manufacturing insulation products such as nodulated/granulated wool (ceramic and mineral fibre nodules) and pre-fabricated thermal insulation jackets. These products are used across various industries, including power, commercial, and residential sectors. The company provides a wide range of services such as consultancy, engineering, fabrication, material supply, installation, supervision, and project management, catering to international projects as well.
Key Products & Services:
- Products: Ceramic and mineral fibre nodules, pre-fabricated thermal insulation jackets.
- Services: Consultancy (advice on insulation technologies), engineering (material selection, quality control, CAD drawings), fabrication (insulation mattresses, heat shields), material supply (for turbines, pipelines, boilers), installation, supervision, and project management.
The company's primary revenue comes from the sale of insulation products, constituting 61.23% of its total revenue in Fiscal 2024. A significant portion of the revenue also comes from exports, which accounted for 33.71% of total revenue. Indobell's manufacturing facilities are located in West Bengal and Maharashtra, where they produce nodulated wool and ceramic fibre nodules.
Certifications & Recognition: Indobell holds ISO 9001:2015 (Quality Management), ISO 14001:2015 (Environmental Management), and ISO 45001:2018 (Health & Safety) certifications. The company was also recognized as one of the best service providers in 2013 by The Bengal Chamber of Commerce and Industry.
Manufacturing & Operations: The company’s manufacturing process is carried out in-house across its two locations in West Bengal and Maharashtra, ensuring integrated production of insulation materials to meet diverse customer needs.
Indobell Insulation IPO Promoters
- Mr. Vijay Burman
- Mr. Man Mohan Burman
- Ms. Megha Burman
- Ms. Raksha Burman
Promoters Holding
Holding Pre Issue
99.99%
Holding Post Issue
65.00%
Indobell Insulation IPO Objective
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
Indobell Insulation Limited Address / Contact Details
Indobell Insulation Limited
88C Lake View Road,
Kolkata - 700029
West Bengal
Phone: +91 99032 51056
Email: cs@indobell.com
Website: https://www.indobell.com/
IPO Snapshot
Indobell Insulation IPO Lot Size
The Indobell Insulation IPO has a lot size of 3,000 shares. Retail investors require a minimum investment of ₹1,38,000 by applying for 1 lot (3,000 shares). The maximum application allowed for the retail category is 1 lots (3,000 shares), requiring an investment of ₹1,38,000.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | 138,000.00 |
| Retail (Max) | 1 | 3,000 | 138,000.00 |
| S-HNI (Min) | 2 | 6,000 | 276,000.00 |
Issue Reservation
- Market Maker — 0%
- NII — 50%
- RII — 50%
Indobell Insulation IPO Registrar
Integrated Registry Management Services Private Limited
Check Allotment StatusBook Running Lead Managers
- Finshore Management Services Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Indobell Insulation IPO?
Indobell Insulation IPO is a Fixed price IPO with a total issue size of ₹10.14 crore. The Indobell Insulation IPO price band is ₹46 to 46 per share. The Indobell Insulation IPO subscription opens on Mon, Jan 6, 2025, and closes on Wed, Jan 8, 2025. The Indobell Insulation IPO will be listed on the BSE. Integrated Registry Management Services Private Limited is the registrar for the Indobell Insulation IPO.
When will the Indobell Insulation IPO open for subscription?
The Indobell Insulation IPO opens on Mon, Jan 6, 2025 and closes on Wed, Jan 8, 2025
What is Indobell Insulation IPO Price Band?
Indobell Insulation IPO Price Band is ₹46 to 46 per share.
What is Indobell Insulation IPO Lot Size?
Indobell Insulation IPO lot size is 3000 shares, Retail investors need a minimum investment of ₹276000 based on the upper price band
What is the minimum investment for Indobell Insulation IPO?
The minimum investment for Indobell Insulation IPO is ₹276000, based on one lot of 3000 shares at the upper price band of ₹46 per share.
How to apply for Indobell Insulation IPO?
Investors can apply for the Indobell Insulation IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Wed, Jan 8, 2025. The application amount remains blocked until the Indobell Insulation IPO allotment is finalized.
What is Indobell Insulation IPO Issue Size?
Indobell Insulation IPO issue size is ₹10.14 crores.
What is the Indobell Insulation IPO Allotment Date?
Indobell Insulation IPO allotment date is Thu, Jan 9, 2025.
Who is the Indobell Insulation IPO Registrar?
The registrar for Indobell Insulation IPO is Integrated Registry Management Services Private Limited. Investors can go to Integrated Registry Management Services Private Limited website to check Indobell Insulation IPO allotment status, refund processing, and other IPO-related information.
What is the Indobell Insulation IPO GMP?
The Indobell Insulation IPO GMP (Grey Market Premium) is ₹39 as of Mon, Jan 13, 2025. Based on the upper price band of ₹46 per share, the estimated Indobell Insulation IPO listing price is ₹85, indicating a potential listing gain of approximately 84.78% over the issue price.
Who is the Indobell Insulation IPO Lead Manager?
The book-running lead managers (BRLMs) for the Indobell Insulation IPO are Finshore Management Services Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Indobell Insulation IPO Red Herring Prospectus (RHP).