Indobell Insulations Limited is a manufacturer and supplier of insulation materials such as tuber/granular wool and prefabricated thermal insulation jackets used for insulating residential, commercial and industrial buildings and all other related insulation materials that form part of the company’s insulation structures. The company’s core business is in the energy industry, which requires the full range of insulation and lining services, scaffolding, surface protection, refractory materials, passive fire protection and borosilicate lining of chimneys.
The company offers customised insulation solutions for specific customer requirements. This includes providing customised sizes, shapes and densities of insulation materials based on customer projects, including 3D design, 2D design, manufacturing drawings and thermal analysis of the insulation. The company also caters to the requirements of overseas customers by exporting its customised jackets, which are designed according to the customer’s specifications.
Indobell Insulations IPO open date is January 6, 2025 and the IPO will close on January 8, 2025. Indobell Insulations IPO price band is ₹46 per share. The retail quota is 50%, QIB is 00%, and HNI is 50%.
Indobell Insulations IPO to list on BSE on January 13, 2025. The allotment of Indobell Insulations IPO date is January 9, 2025. The company reported revenue of ₹17.88 crores in 2024 against ₹20.77 crore in 2023. The company reported profit of ₹1.03 crores in 2024 against Profit of ₹0.90 crores in 2023.
Indobell Insulations IPO Details
| IPO Open Date: | January 6, 2025 |
| IPO Close Date: | January 8, 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹46 Per Share |
| Issue Size: | Approx ₹10.14 Crores |
| Fresh Issue: | Approx ₹10.14 Crores |
| IPO Listing: | BSE SME |
| Retail Quota: | Not more than 50% |
| QIB Quota: | Not more than 00% |
| NII Quota: | Not more than 50% |
Indobell Insulations IPO Timeline
The Indobell Insulations IPO date is January 6 and the close date is January 8. The Indobell Insulations IPO allotment will be finalized on January 9 and the IPO listing on January 13.
| IPO Open Date: | January 6, 2025 |
| IPO Close Date: | January 8, 2025 |
| Basis of Allotment: | January 9, 2025 |
| Refunds: | January 10, 2025 |
| Credit to Demat Account: | January 10, 2025 |
| IPO Listing Date: | January 13, 2025 |
Indobell Insulation SME IPO Lots
| SME IPO Activity | Date |
|---|---|
| Issue Price | ₹46.00 |
| Market Lot: | 3000 Shares |
| 1 Lot Amount: | ₹138000 |
| Min HNI Lots: | 6000 shares (2 lots)- ₹276000 |
Indobell Insulation Limited: A Detailed Financial Overview
| 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 |
