INDOBELL INSULATIONS LIMITED

06 Jan 2025 - 08 Jan 2025 Individual Category SME BSE

Min Investment

₹138000

Price Band

₹46

Issue Size

22.05 lakhs
Equity Shares

Lot Size

3000

IPO Dates
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06 Jan 2025

Open Date

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08 Jan 2025

Close Date

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09 Jan 2025

Allotment Date

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13 Jan 2025

Listing Date

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

Know Before Investing

Strengths icon

  • Multiple quality certifications ensuring high manufacturing standards
  • Diversified product portfolio with customized insulation solutions
  • Strategic manufacturing presence in two major states

Weaknesses icon

  • Small employee base limiting operational capacity
  • Limited geographical presence with only two manufacturing units
  • High competition in standardized insulation product market

About Indobell Insulations Limited

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.

Founded

1972

Managing Director

Mr Vijay Burman

Parent Organization

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.

Company Promoters

Mr. Vijay Burman

Mr. Man Mohan Burman

Ms. Megha Burman

Ms. Raksha Burman

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0

How to Apply for IPO

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IPO Allotment

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