Indobell Insulations IPO Details
| IPO Issue Open Date: | 6 January 2025 |
| IPO Issue Close Date: | 8 January 2025 |
| IPO Issue Price Band: | ₹46 Per Share |
| Face Value: | ₹10 Per Equity Share |
| IPO Issue Size: | ₹10.14 Crores | 22,05,000 shares |
| Fresh Issue: | ₹10.14 Crores | 22,05,000 shares |
| Offer for Sale: | ₹[.] Crores |
| Issue Type: | Book Built Issue |
| IPO Listing At: | BSE SME |
| IPO Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| Employee Discount: | ₹[.] per share |
Indobell Insulations IPO Prospectus:
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Indobell Insulations IPO Dates Timeline
| Issue Open Date: | 6 January 2025 |
| Issue Close Date: | 8 January 2025 |
| Basis of Allotment Date: | 9 January 2025 |
| Refunds Initiation: | 10 January 2025 |
| Shares Credit in Demat: | 10 January 2025 |
| IPO Listing Date Detail: | 13 January 2025 |
Indobell Insulations IPO Market Lot
| Application | Lot Size, Shares and Price Details |
| Retail (Min) | 1 lots and 3000 shares = ₹138,000 |
| Retail (Max) | 1 lots and 3000 shares = ₹138,000 |
| HNI (Min) | 2 lots and 6000 shares = ₹2,76,000 |
| B-HNI Minimum | – |
Indobell Insulations IPO GMP*
| GMP Date | GMP Today | Subject to Sauda | Kostak | Expected Gain |
| Today | ₹15 | ₹30,000 | ₹– | 33% |
| 9th Jan | ₹15 | ₹30,000 | ₹- | 33% |
| 8th Jan | ₹- | ₹- | ₹- | ₹- |
| 7th Jan | ₹- | ₹- | ₹- | ₹- |
| 6th Jan | ₹- | ₹- | ₹- | ₹- |
About Indobell Insulations
Indobell Insulations was founded in 1988. The company specializes in manufacturing and contracting insulation products, including mineral and ceramic fiber nodules, as well as prefabricated thermal insulation jackets. Moreover, these nodules are fruitful in various places such as home commercial buildings, factories, and other insulation needs and it has a main focus on the power industry, offering services like insulation, scaffolding, surface protection, fire safety, and lining for chimneys. It was started by a group of associates who are close to each other and its major aim is the growing need for energy savings. Further, this company offers services to its consumers like troubleshooting, and thermal audits, along with thermal insulation solutions, significantly its main income is generated from selling insulation products. So, it has a strong relationship with South Korea, Germany, Taiwan, the USA, and Switzerland. The company has manufacturing plants in West Bengal and Maharashtra. As of August 2024, it employs 31 people, including the Director.
Indobell Insulations IPO Strengths
To Be Updated Soon
Objects of the IPO Issue
- Funding Capital Expenditure towards the purchase of additional plant and machinery
- To meet the Working Capital Requirements
- General Corporate Purposes
Indobell Insulations Company Financial Report
The company reported revenue of ₹17.88 crores in 2024 against ₹20.77 crores in 2023. The company reported a profit of ₹1.03 crores in 2024 against a loss of ₹0.90 crores in 2023.
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹9.77 | ₹8.96 | ₹0.15 | ₹14.89 |
| 2023 | ₹21.05 | ₹19.03 | ₹0.90 | ₹12.32 |
| 2024 | ₹17.99 | ₹15.86 | ₹1.03 | ₹15.29 |
| September 2024 | ₹5.56 | ₹4.70 | ₹0.42 | ₹13.20 |
Indobell Insulations IPO Valuation – Key Performance Indicator
KPI as of March 31, 2024.
| KPI | Values |
| ROE: | 18.21% |
| ROCE: | 28.15% |
| EBITDA Margin: | 11.30% |
| PAT Margin: | 5.74% |
| Debt to equity ratio: | 0.93 |
| Earning Per Share (EPS): | ₹2.52 (Basic) |
| Price/Earning P/E Ratio: | 18.24 |
| Return on Net Worth (RoNW): | 18.21% |
| Net Asset Value (NAV): | ₹13.85 |
Peer Group Comparison
The below peer comparison table’s data are showing as per the DRHP and RHP.
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Beardsell Limited | 2.02 | 20.87 | 11.16% | 18.01 | 231.46 Cr. |
Indobell Insulations IPO Registrar
Integrated Registry Management Services (p) Limited
Phone: 080-23460815/816/817/818
Email: smeipo@integratedindia.in
Website: www.integratedregistry.in
Indobell Insulations IPO Lead Manager
- Finshore Management Services Limited
Indobell Insulations IPO allotment status check on Integrated Registry Management Services website. Click on Integrated Registry to get allotment status.
Promoters of Indobell Insulations
- Mr. Vijay Burman
- Mr. Man Mohan Burman
- Ms. Megha Burman
- Ms. Raksha Burman
Company Address
Indobell Insulations Limited
20/1A, Lake View Road, P.S – Lake,
Kolkata – 700029, West Bengal
Phone: +91 99032 51056
Email: cs@indobell.com
Website: www.indobell.com