Indobell Insulation IPO
- IPO Date06 Jan, 2025 to 08 Jan, 2025
- Listing Date13 Jan, 2025
- Face Value₹10 per share
- Issue Price-
- Lot Size3000 Shares
- Minimum Investment₹0
- Listing AtBSE SME
- Total Issue Size22,05,000 Shares
- Fresh Issue22,05,000 Shares
- Offer for Sale-
- Issue TypeFixed Price Issue IPO
- Share holding pre issue40,94,952
- Shareholding post issue62,99,952
IPO Dates
Closing Date
08 Jan, 2025
Initiation of Refunds
10 Jan, 2025
Listing Date
13 Jan, 2025
06 Jan, 2025
Opening Date
09 Jan, 2025
Basis of Allotment
10 Jan, 2025
Credit of Shares
Indobell Insulation Lot Size
Investors can bid for a minimum of 3000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| S-HNI (Max) | - | - | - |
| S-HNI (Min) | 2 | 6000 | ₹2,76,000 |
| Retail (Max) | 1 | 3000 | ₹1,38,000 |
| Retail (Min) | 1 | 3000 | ₹1,38,000 |
| B-HNI (Min) | - | - | - |
Indobell Insulation Promoter Holding
The Promoters of the company are Mr. Vijay Burman, Mr. Man Mohan Burman, Ms. Megha Burman and Ms. Raksha Burman.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 99.99% | 65% |
Indobell Insulation COMPANY INFORMATION
Indobell Insulation IPO is a fixed price issue of Rs 10.14 crores. The issue is entirely a fresh issue of 22.05 lakh shares. Indobell Insulation IPO opens for subscription on January 6, 2025 and closes on January 8, 2025. The allotment for the Indobell Insulation IPO is expected to be finalized on Thursday, January 9, 2025. Indobell Insulation IPO will list on BSE SME with tentative listing date fixed as Monday, January 13, 2025. Indobell Insulation IPO price is ₹ 46 per share. The minimum lot size for an application is 3000. The minimum amount of investment required by retail investors is ₹1,38,000. The minimum lot size investment for HNI is 2 lots (6,000 shares) amounting to ₹2,76,000. Finshore Management Services is the book running lead manager of the Indobell Insulation IPO, while Integrated Registry Management Services Private is the registrar for the issue.The market maker for Indobell Insulation IPO is Black Fox Financial Private.
Incorporated in May 1972, Indobell Insulation manufactures and manufactures insulation products, including nodulated and granulated wool (mineral and ceramic fibre nodules) and prefabricated thermal insulation jackets. The company's products are used in residential, commercial, and industrial applications alongside various related insulation materials.
The company's product range includes
- Nodulated/Granulated Wool which includes
- Ceramic Fibres Nodules
- Mineral Fibre Nodules
- Pre-fabricated Thermal Insulation Jackets
The company provides customized insulation solutions tailored to each client's needs, including specific sizes, shapes, and densities for projects involving 3D and 2D designs, manufacturing drawings, and thermal analysis.
The company's manufacturing units are situated in West Bengal and Maharastra. The company has received certifications for ISO 9001:2015 (Quality Management System), ISO 14001:2015 (Environmental Management System), and ISO 45001:2018 (Occupational Health & Safety Management System) for producing Nodulated Fibers and for thermal insulation materials.
As of December 30, 2024, the company employs 31 people in various departments.
- Experienced Management Team
- Smooth flow of operations
- Well-defined organizational structure
- Well Established Manufacturing Facility
- Quality assurance and accreditations
- Diversified Product portfolio
FAQs About Indobell Insulation Ipo
Indobell Insulation IPO will open on 06 Jan, 2025 and close on 08 Jan, 2025. Investors must apply within this period to participate.
The Indobell Insulation IPO price band is set between ₹46.00 and ₹0.00 per share. The minimum lot size is 3000, requiring an investment of at least ₹0.00.
The Indobell Insulation IPO shares are expected to be listed on 13 Jan, 2025, subject to regulatory approvals and final allotment.
You can track your Indobell Insulation IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Indobell Insulation IPO will be listed on major stock exchanges such as BSE, where you can trade shares once they are listed.