Indobell Insulations Ltd IPO
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Indobell Insulations Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| ₹ 22.05 L | TBA | ₹ 10.47 L | ₹ 40.95 L | BSE | TBA |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 06 Jan, 25 | 08 Jan, 25 | 3000 | TBA | Fixed Price - SME | 13 Jan, 25 |
Indobell Insulations Ltd IPO Dates
Details
| Sector | Type |
|---|---|
| Sector | Plastics Products |
| Sub Sector | NA |
| Issue Type | Fixed Price - SME |
Subscription Status
*Values are in Lakhs
| Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
|---|---|---|---|
| QIB | 0x | 0 | 4800000 |
| NII | 51.41x | 1047000 | 53829000 |
| Retail | 52.37x | 1047000 | 54828000 |
| Employee | 0x | 0 | 0 |
| Total | 51.45x | 2205000 | 113457000 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Indobell Insulations Ltd Financial Status
Income Statement
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 1.67 | 1.47 | 0.47 |
| EBITDA | 1.94 | 1.73 | 0.73 |
| PAT | 1.03 | 0.90 | 0.15 |
| Total Assets | 11.76 | 9.19 | 12.07 |
| Share Capital | 4.10 | 0.68 | 0.68 |
| Total Borrowings | 6.14 | 4.98 | 8.72 |
| Operating Activities (Net Cash) | 1.30 | 1.16 | 0.41 |
| Investing Activities (Net Cash) | 0.17 | 0.14 | 0.07 |
| Financing Activities (Net Cash) | 6.14 | 4.98 | 8.72 |
| Net Cashflow | 0.84 | 0.73 | 0.65 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
About Indobell Insulations Ltd
Our Company was originally incorporated as a Private Limited Company in the name of Indobell Insulation Private Limited on May 12, 1972 under the provisions of Companies Act, 1956 bearing Registration Number 28352 issued by Registrar of Companies - West Bengal. Subsequently, our company was converted into Public Limited Company under the Companies Act, 1956 and the name of our Company was changed to Indobell Insulation Limited vide a fresh Certificate of Incorporation consequent upon conversion from Private Company to Public Company dated September 04, 2012 bearing Corporate Identification Number U26102WB1972PLC028352 issued by Registrar of Companies - West, Bengal.
India has emerged as a manufacturing hub. The 'Make in India' campaign places India on the world map as a manufacturing centre and gives global recognition to the Indian economy. India's manufacturing sector has the potential to cross US$ 1 trillion by 2025; also, according to the Indian Brand Equity Foundation, India is projected to rank among the top three growing economies and manufacturing destinations in the world. India's astonishing growth would drive the deployment of thermal insulation in heavy industry, oil & gas industry, and power generation industry. Further, the government of India is focused on enhancing the country's electrification rate coupled with technological advancements, which is also likely to increase the demand of thermal insulation during the forecast period. Moreover, the thermal insulation is used for high efficiency in the varying temperature of the industries. The India thermal insulation market is expected to reach INR 3,674.98 crore by 2028 from INR 2,189.81 crore in 2020. The market is estimated to grow at a CAGR of 7.4% from 2021 to 2028.
Indobell Insulations Limited stands as a Manufacturer and Contractor of Insulation Products like Nodulated/Granulated Wool (Mineral and Ceramic Fibre Nodules) and Prefabricated Thermal Insulation Jackets which are used to insulate for variety of applications, including commercial buildings, and industrial plants. Our Core business is carried out in power industry, Oil, Gas and Refineries which requires full range of insulation and lining Services, scaffolding, surface protection, refractory, passive fire protection and borosilicate lining in chimneys.
Peer Comparison:
- Beardsell Ltd
Indobell Insulations Ltd IPO Key Points
Strengths
- Established and proven track record.
- Leveraging the experience of our Promoters.
- Experienced management team and a motivated and efficient work force.
- Cordial relations with our customers.
- Quality Assurance & Control.
Risk
- The Company, Directors, Promoters and Group Companies are parties to certain legal proceedings. Any adverse decision in such proceedings may have a material adverse effect on its business, results of operations and financial condition.
- If the company is unable to successfully implement its proposed development plans; the company results of operations and financial condition could be adversely affected.
- The Company is yet to place orders for the machinery for the expansion of the Manufacturing Facility. Any delay in placing orders or procurement of such machinery may delay the schedule of implementation and possibly increase the cost of commencing operations.
Strategy
- Focus on Increase in Volume of Sales.
- Reduction of operational costs and achieving efficiency.
- Improving operational efficiencies.
- Leverage and enhance our goodwill in the market.
- Leveraging our Market skills and Relationships.
- Established and proven track record.
- Leveraging the experience of our Promoters.
- Experienced management team and a motivated and efficient work force.
- Cordial relations with our customers.
- Quality Assurance & Control.
How To Apply for Indobell Insulations Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.
