Indobell Insulation IPO’s (Initial public offer) will begin on 6th Jan 2025 and end on 8th Jan 2025. The total issue size is ₹10Cr and the price range for the IPO is ₹46(fixed) per share. The minimum lot size is 3000 shares. Considering this the minimum investment size for Indobell Insulations Ltd is ₹1,38,000/-. The allocation date for Indobell Insulations Ltd is on 9th Jan and the credit of shares and refunds will be on 10th Jan 2025. The listing date is on 13th Jan. In this blog, you will get to know the Indobell Insulation IPO in detail, its GMP price trends, and its overview.
Indobell Insulation IPO GMP Trends
| Date | GMP Price | Trend | Kostak | Subject to Sauda |
|---|---|---|---|---|
| 06 -Jan 2025 | – | – | – | – |
| 05 -Jan 2025 | – | – | – | – |
| 04 -Jan 2025 | – | – | – | – |
| 03 Jan 2025 | – | – | – | – |
| 02-Jan 2025 | – | – | – | – |
| 01-Jan 2025 | – | – | – | – |
| 31-Dec 2024 | – | – | – | – |
Indobell Insulation Overview
Founded in May 1972, West Bengal-based Indobell Insulation Ltd manufactures products that help to keep the temperature in control like special wool which is made up of minerals and ceramics. It also manufactures ready-made covers known as thermal insulation jackets. It provides end-to-end services like designing, manufacturing, maintenance, and consulting of temperature control materials. They even manage the entire construction project. They offer the main service in sectors like airplanes, railways, and ships to save their power consumption and work efficiently.
Their main business is manufacturing which contributes 61% of overall revenue followed by trading of products 25% and services like consulting and project management 14% of total revenue. Their main revenue comes from the domestic market from the states Uttrakhand, Tamil Nadu, and West Bengal, whose combined revenue is around 66% of total revenue in comparison to geographic. and the remaining revenue comes from exports (34%) to the markets of the USA, Taiwan, Switzerland, Germany, and South Korea.
Indobell Insulation IPO Objective
The objectives of Indobell Insulation IPO are listed as follows:-
- The main objective is to use IPO funds to purchase machinery for the plant.
- The second objective is to utilize funds for working capital.
- The last objective is to use funds for general corporate purposes.
Indobell Insulation IPO Details
| Stock Symbol | INDOBELL |
| Industry | Manufacturing and Trading |
| Issue Size | ₹10Cr |
| Lot Size | 3000 |
| Price Range | ₹46(fixed) |
| Bid Start Date | 6 Jan 2025 |
| Bid End Date | 8 Jan 2025 |
| Allotment Date | 9 Jan 2025 |
| Refund and Share Credit Date | 10 Jan 2025 |
| Listing Date | 13 Jan 2025 |
| Mandate End Date | 23 Jan 2025 |
| Lock-in end Date | 9 Apr 2025 |
| Prospectus | Download |
| Address | 20/1A, LAKE VIEW ROAD, Kolkata- 700 029 |
| Email Id | info@indobell.com intl.projects@indobell.com |
| Phone No | 033 2464 6581 +91 7603068544 +91 9748931915 |
Indobell Insulation Valuation
All the valuations are in crores(Cr) INR. If you want to see more detail on the IPO then follow my blog here.
| Year | Total Assets | Revenue | Profit |
|---|---|---|---|
| 2022 March | 14.88 | 9.77 | 0.15 |
| 2023 March | 12.32 | 21.05 | 0.9 |
| 2024 March | 15.28 | 17.98 | 1.03 |
| 2024 Sep | 13.2 | 5.56 | 0.42 |