Indobell Insulation Limited IPO (Indobell Insulation IPO) Detail
Indobell Insulation IPO is a fixed price issue of Rs 10.14 crores. The issue is entirely a fresh issue of 22.05 lakh shares.
Indobell Insulation IPO bidding started from January 6, 2025 and ended on January 8, 2025. The allotment for Indobell Insulation IPO was finalized on Thursday, January 9, 2025. The shares got listed on BSE SME on January 13, 2025.
Indobell Insulation IPO price is ₹46 per share. The minimum lot size for an application is 3000. The minimum amount of investment required by retail investors is ₹1,38,000. The minimum lot size investment for HNI is 2 lots (6,000 shares) amounting to ₹2,76,000.
Finshore Management Services Limited is the book-running lead manager of the Indobell Insulation IPO, while Integrated Registry Management Services Private Limited is the registrar for the issue.The market maker for Indobell Insulation IPO is Black Fox Financial Private Limited.
Refer to Indobell Insulation IPO RHP for detailed information.
Indobell Insulations Ltd Stock Quote & Charts
- Open: ₹138.00
- High – Low: ₹138.00 – ₹138.00
- Previous Close: ₹140.15
- Total Traded Value: 3,000.00
- 52 Weeks High: ₹164.45 (Feb 10, 2025)
- 52 Weeks Low: ₹83.03 (Jan 13, 2025)
- Updated On: Jan 13, 2025 4:00 PM
Indobell Insulation IPO Details
| IPO Date | January 6, 2025 to January 8, 2025 |
| Listing Date | January 13, 2025 |
| Face Value | ₹10 per share |
| Issue Price | ₹46 per share |
| Lot Size | 3,000 Shares |
| Total Issue Size | 22,05,000 shares (aggregating up to ₹10.14 Cr) |
| Fresh Issue | 22,05,000 shares (aggregating up to ₹10.14 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 40,94,952 shares |
| Share Holding Post Issue | 62,99,952 shares |
| Market Maker Portion | 1,11,000 shares Black Fox Financial Private Limited |
Indobell Insulation IPO Reservation
Indobell Insulation IPO offers 22,05,001 shares. 10,47,000 (47.48%) to NII, 10,47,000 (47.48%) to RII.
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | – |
| Market Maker Shares Offered | 1,11,000 (5.03%) |
| Other Shares Offered | 10,47,000 (47.48%) |
| Retail Shares Offered | 10,47,000 (47.48%) |
| Total Shares Offered | 22,05,001 (100%) |
Indobell Insulation IPO Timeline (Tentative Schedule)
Indobell Insulation IPO opens on January 6, 2025, and closes on January 8, 2025.
| IPO Open Date | Mon, Jan 6, 2025 |
| IPO Close Date | Wed, Jan 8, 2025 |
| Tentative Allotment | Thu, Jan 9, 2025 |
| Initiation of Refunds | Fri, Jan 10, 2025 |
| Credit of Shares to Demat | Fri, Jan 10, 2025 |
| Tentative Listing Date | Mon, Jan 13, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on January 8, 2025 |
Indobell Insulation IPO Lot Size
Investors can bid for a minimum of 3000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹1,38,000 |
| Retail (Max) | 1 | 3000 | ₹1,38,000 |
| HNI (Min) | 2 | 6,000 | ₹2,76,000 |
| Lot Size Calculator | |||
Indobell Insulation IPO Promoter Holding
| Share Holding Pre Issue | 99.99% |
| Share Holding Post Issue | 65.00% |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue
About Indobell Insulation Limited
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 includes
- Nodulated/Granulated Wool which includes
- Ceramic Fibres Nodules
- Mineral Fibre Nodules
- Pre-fabricated Thermal Insulation Jackets
- Ceramic Fibres Nodules
- Mineral Fibre Nodules
The 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 Team
- Smooth flow of operations
- Well-defined organizational structure
- Well Established Manufacturing Facility
- Quality assurance and accreditations
- Diversified Product portfolio
Company Financials
Indobell Insulation Limited Financial Information (Restated Consolidated)
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 1,320.22 | 1,528.77 | 1,232.03 | 1,488.6 |
| Revenue | 556.3 | 1,798.57 | 2,105.22 | 977.31 |
| Profit After Tax | 42.39 | 103.26 | 90.01 | 15.34 |
| Net Worth | 609.49 | 567.09 | 472.63 | 389.37 |
| Reserves and Surplus | 199.99 | 157.6 | 404.38 | 321.12 |
| Total Borrowing | 341.84 | 526.92 | 424.34 | 612.79 |
| Amount in ₹ Lakhs | ||||
Key Performance Indicator (KPI)
The market capitalization of Indobell Insulation IPO is Rs 28.98 Cr.
KPI as of Mon, Mar 31, 2025.
| KPI | Values |
|---|---|
| ROE | 18.21% |
| ROCE | 28.15% |
| Debt/Equity | 0.93 |
| RoNW | 18.21% |
| PAT Margin | 5.74 |
| Price to Book Value | 3.32 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 2.52 | 1.35 |
| P/E (x) | 18.24 | 34.18 |
- The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2024 that is available in RHP.
- The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of September 30, 2024 that is available in RHP.
Objects of the Issue (Indobell Insulation IPO Objectives)
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 IPO Review (Avoid)
[Dilip Davda] The company is manufacturer and contractor of insulation products that are tailor made as per the needs of the customers and also provides all related services in the segment. Boosted top and bottom lines for pre-IPO year i.e. FY23 and FY24 appears to be a window dressing to fetch fancy valuations. Based on FY25 annualized earnings, the issue appears aggressively priced. Small paid-up equity post IPO indicates longer gestation for migration. There is no harm in skipping this pricey offer. Read detail review…
Indobell Insulation IPO Subscription Status (Bidding Detail)
The Indobell Insulation IPO is subscribed 54.13 times on January 8, 2025 6:19:09 PM (Day 3). The public issue subscribed 52.37 times in the retail category, [.] times in the QIB category, and 51.31 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| NII* | 51.31 | 10,47,000 | 5,37,18,000 | 1,110 |
| Retail | 52.37 | 10,47,000 | 5,48,28,000 | 18,276 |
| Total | 54.13 | 20,94,001 | 11,33,46,000 | 24,268 |
Total Application : 24,268
*Market Maker portion is not included to NII/HNI.
Indobell Insulation IPO Prospectus
Indobell Insulation IPO Listing Details
| Listing Date | January 13, 2025 |
| BSE Script Code | 544334 |
| NSE Symbol | |
| ISIN | INE0FK501019 |
| Final Issue Price | ₹46 per share |
Listing Day Trading Information
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹46.00 |
| Open | ₹87.40 |
| Low | ₹83.03 |
| High | ₹91.77 |
| Last Trade | ₹91.77 |
Check IPO Performance…
Indobell Insulation Limited Contact Details
Indobell Insulation Limited
88C
Lake View Road,
Kolkata – 700029
Phone: +91 99032 51056
Email: cs@indobell.com
Website: https://www.indobell.com/
Indobell Insulation IPO Registrar
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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