Indobell Insulation IPO Details
The Indobell Insulation IPO is a fixed price issue with a total issue size of ₹10.14 cr, comprising of fresh issue of 2205000 equity shares. Indobell Insulation IPO opened for subscription on Jan 06, 2025 and closed on Jan 08, 2025. Indobell Insulation IPO has set the price at ₹46 per share, with a lot size of 3000 shares. Minimum investment for Retail investors was ₹276,000.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Jan 09, 2025, and listed on both the NSE and BSE on Jan 13, 2025.
Integrated Registry Management Services Private Limited has been appointed as the registrar. Finshore Management Services Limited are the Book Running Lead Manager for the issue.
Before investing in the Indobell Insulation IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 46 – 46
- Lot Size
- 3000
- Issue Size
- ₹10.14 Cr
- Minimum Investment
- ₹276000 (6000 Shares)
- Listing Date
- 13 January 2025
Current GMP
₹39 (+84.78%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
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
Address / Contact Info
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 Registrar
Integrated Registry Management Services Private Limited
Check Allotment StatusBook Running Lead Managers
- Finshore Management Services Limited
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an 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.
The Indobell Insulation IPO opens on Mon, Jan 6, 2025 and closes on Wed, Jan 8, 2025
Indobell Insulation IPO Price Band is ₹46 to 46 per share.
Indobell Insulation IPO lot size is 3000 shares, Retail investors need a minimum investment of ₹276000 based on the upper price band
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.
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.
Indobell Insulation IPO issue size is ₹10.14 crores.
Indobell Insulation IPO allotment date is Wed, Jul 1, 2026.
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.
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 0% over the issue price.