Indobell Insulations Ltd IPO - Check Issue Date, Price, Lot Size & Details with BlinkX.

Indobell Insulations Ltd IPO

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.

Indobell Insulations Ltd IPO Details

Total Shares Offered

₹ 22,05,000

Offer to Public

TBA

Retail Max (Shares)

₹ 10,47,000

Pre Issue Promoters Holding

₹ 40,94,772

Exchange

BSE

Issue size

TBA

IPO Open Date

Jan 6, 2025

Close Date

Jan 8, 2025

Lot Size

3000

Min Investment

TBA

Issue Type

Fixed Price - SME

Listing Date

Jan 13, 2025

Indobell Insulations Ltd IPO Dates

Jan 6, 2025

Opening date

Jan 8, 2025

Closing date

Jan 9, 2025

Basis of Allotment

Jan 10, 2025

Initiation of Refunds

Jan 10, 2025

Credit of Shares

Jan 13, 2025

Listing date

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*
QIB	0x	0
NII	0x	1047000
Retail	0x	1047000
Employee	0x	0
Total	0x	2205000

Investor Type

QIB

NII

Retail

Employee

Total

Subscription Times

1047000

2205000

Indobell Insulations Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)

Particulars (in Rs. Crores)	FY23	FY22	FY21
Revenue from operations	3.25	1.67	1.47
EBITDA	3.47	1.94	1.73
PAT	2.19	1.03	0.90
Total Assets	21.96	11.76	9.19
Share Capital	6.30	4.10	0.68
Total Borrowings	5.73	6.14	4.98
Operating Activities (Net Cash)	2.41	1.30	1.16
Investing Activities (Net Cash)	0.17	0.17	0.14
Financing Activities (Net Cash)	5.73	6.14	4.98
Net Cashflow	1.97	0.84	0.73

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.

Peer Comparison:

Beardsell Ltd

Indobell Insulations Ltd 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.

How To Apply for Indobell Insulations Ltd IPO Online?

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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.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Indobell Insulations Ltd IPO?

Indobell Insulations Ltd's IPO offers shares for up to 10.14 It begins on Jan 6, 2025 and ends on Jan 8, 2025.

What is the price of the Indobell Insulations Ltd IPO?

The price of Indobell Insulations Ltd IPO ranges between NA to NA per share.

What are the open and close dates for the Indobell Insulations Ltd IPO?

The Indobell Insulations Ltd IPO opens on Jan 6, 2025 and closes on Jan 8, 2025.

When will the Indobell Insulations Ltd IPO be allotted?

The allotment for the Indobell Insulations Ltd IPO will be finalised on Jan 9, 2025. The shares will be listed on BSE and NSE on Jan 13, 2025.

What is the minimum lot size required for Indobell Insulations Ltd IPO?

The minimum lot size for Indobell Insulations Ltd IPO is 3000 shares, priced between NA to NA per share.

What is the GMP of Indobell Insulations Ltd IPO?

The GMP (Grey Market Premium) of Indobell Insulations Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Indobell Insulations Ltd IPO?

To check the allotment status of Indobell Insulations Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Indobell Insulations Ltd IPO getting listed?

The Indobell Insulations Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Jan 6, 2025, and closes on Jan 8, 2025. The allotment is finalised on Jan 9, 2025.

How do you apply for the Indobell Insulations Ltd IPO?

To apply for the Indobell Insulations Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.