Indobell Insulation IPO GMP, Open Date, Price, Allotment Status, Listing Date

Indobell Insulation IPO open date is on January 6 to January 8, 2025. This new IPO is a fixed price issue of Rs 10.14 crore. This upcoming IPO is an entirely fresh issue of 22.05 lakh equity shares.

Indobell Insulation IPO price band is Rs 46 per share. Indobell Insulation IPO GMP is 5 indicating mild bullish sentiment for this IPO among investors. Live IPO Grey Market Premium details are visible online.

Indobell Insulation IPO lot size is 3000 shares. The IPO allotment status live is to be finalised on January 9, 2025. The minimum investment for the retail investors for 1 lot is Rs 1,38,000. The registrar for the Indobell Insulation IPO is Integrated Registry Management Services Private Limited. Indobell Insulation IPO listing date is January 13, 2025.

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Indobell Insulation IPO GMP

Indobell Insulation IPO GMP is Rs 5 per share. The IPO GMP today indicates the huge interest of retail investors. You can check the latest IPO Grey Market Premium today online from the first day of subscription. If the subscription is oversubscribed, then Indobell Insulation IPO GMP might rise in the coming days.

Indobell Insulation IPO Price Band

Indobell Insulation IPO price band is Rs 46 per share. The minimum amount of investment for the retail category is to be at Rs 1,38,000. The minimum investment for the HNI is Rs 2,76,000.

Indobell Insulation IPO Open Date, Close Date

Indobell Insulation IPO open date is 6 January 2025 and closing date is 8 January  2025. The initiation of the refund date is 10 January 2025, and the credit of shares will be on 10 January 2025.

Indobell Insulation IPO Allotment Status Live

Indobell Insulation IPO allotment status live will be finalised on 9 January 2025. The listing will be on the BSE SME platform on 13 January, 2025. The registrar of this IPO is Integrated Registry Management Services Private Limited. Investors can check their allotment status after the subscription of the IPO ends.

Indobell Insulation IPO Listing Date

Indobell Insulation IPO's listing date will be on January 13, 2025. The Listing will be on the BSE SME platform. Retail investors can sell the shares after 10 AM on the listing day.

Indobell Insulation IPO: Listing Date, Lot Size, Price Band

Indobell Insulation Limited: About the Company

Indobell Insulation Limited was incorporated in 1972, manufactures insulation products, including nodulated and granulated wool.

Indobell Insulation products and various related insulation materials are used in residential, commercial, and industrial applications.

The company provides customized insulation solutions tailored to each client's needs, including specific sizes, shapes, and densities for projects. It involves 3D and 2D designs, manufacturing drawings, and thermal analysis. As of December 30, 2024, the company employs 31 people in various departments.

Indobell Insulation IPO Objectives

The funds raised from Indobell Insulation IPO will be used for funding the capital expenditure for purchasing of new plant and machinery. The remaining money will be used for meeting daily capital needs and fulfilling general corporate purposes.

Indobell Insulation IPO: Key Dates, Allotment, Listing Date

Indobell Insulation IPO Subscription Status Live

Indobell Insulation IPO subscription status will be available after the IPO opens on 6 January 2025. The net shares reserved for the retail category is 50% of the issue and remaining 50% is reserved for others.

Indobell Insulation IPO Promoter Holdings

Indobell Insulation IPO promoters are Vijay Burman, Man Mohan Burman, Megha Burman and Raksha Burman. The promoters' shareholdings before the IPO were 99.99%; however, after the IPO, shareholdings will decline to 65%.

Indobell Insulation Limited Company Financials

Indobell Insulation Limited posted revenue of Rs 1,798.57 lakhs and net profit of Rs 103.26 lakhs for the period ending on 31 March 2024. The company’s revenue decreased by 14.57% and PAT decreased by 14.72% between the FY ending on 31 March 2024 and 31 March 2023.

Indobell Insulation IPO Registrar

Indobell Insulation IPO registrar is Integrated Registry Management Services Private Limited. On the date of allotment, Investors can click on the registrar website and select the name of the company and enter PAN number or application ID to know their allotment status.

Indobell Insulation IPO Lead Managers

Indobell Insulation IPO lead managers is Finshore Management Services Limited.

How to apply to Indobell Insulation IPO

Interested investors can apply to the Indobell Insulation IPO directly from the Bigul trading app and you can also apply by clicking here. Investors can also check the details of other upcoming IPO in Bigul.

Indobell Insulation IPO Review

Indobell Insulation IPO may get a positive response from the general public. The company is involved in manufacturing insulation products. So, investors interested in the textile sector can apply to this IPO.

This upcoming IPO is expected to witness an oversubscription in the last bidding date. Moreover, if the IPO gets a positive response then Indobell Insulation IPO GMP live will also rise.

Indobell Insulation IPO FAQ

1. What are the details of the Indobell Insulation IPO?

Indobell Insulation IPO is a fixed price issue of Rs 10.14 crore. This upcoming IPO is an entirely fresh issue of 22.05 lakh equity shares. Indobell Insulation IPO price band is Rs 46 per share.

2. When will the Indobell Insulation IPO open and close?

Indobell Insulation IPO open date is 6 January 2025 and closing date is 8 January  2025. The initiation of the refund date is 10 January 2025, and the credit of shares will be on 10 January 2025.

3. What is Indobell Insulation IPO GMP Today?

Indobell Insulation IPO GMP is Rs 5 per share. The IPO GMP today indicates the huge interest of retail investors. You can check the latest IPO Grey Market Premium today online from the first day of subscription. If the subscription is oversubscribed, then Indobell Insulation IPO GMP might rise in the coming days.

4. What are the details of Indobell Insulation IPO Subscription Status Live?

Indobell Insulation IPO subscription status will be available after the IPO opens on 6 January 2025. The net shares reserved for the retail category is 50% of the issue and remaining 50% is reserved for others.

5. Write the details of the IPO Allotment Status Live?

Indobell Insulation IPO allotment status live will be finalised on 9 January 2025. The listing will be on the BSE SME platform on 13 January, 2025. The registrar of this IPO is Integrated Registry Management Services Private Limited. Investors can check their allotment status after the subscription of the IPO ends.

6. Who is the registrar and lead managers for Indobell Insulation IPO?

Indobell Insulation IPO registrar is Integrated Registry Management Services Private Limited. On the date of allotment, Investors can click on the registrar's website and select the name of the company and enter PAN number or application ID to know their allotment status. The lead managers are Finshore Management Services Limited.

Also Read:

• What is IPO?
• What is IPO GMP?
• Difference between IPO and FPO For Beginners
• Difference between SME IPO and Mainline IPO?