Indobell Insulation IPO Details
The key details of Indobell Insulation’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹10.14 Cr |
| Price Range | ₹46 |
| Retail Quota | 50% |
| QIB Quota | -- |
| NII Quota | 50% |
| Employee Discount | -- |
| Listing at | BSE |
| Minimum Quantity | 3000 |
| Investment (cut-off price) | ₹1,38,000 |
| Pre IPO Promotor Holding | 99.99% |
| Post IPO Promotor Holding | 65.00% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Indobell Insulation IPO Timelines
The IPO process for Indobell Insulation includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
06/01/2025
Start Date08/01/2025
End Date10/01/2025
Refund Initiation10/01/2025
Credit of Shares to Demat Ac13/01/2025
Listing DateIndobell Insulation IPO Lot Size
The Indobell Insulation IPO has a fixed lot size of 3,000 shares, at a fixed price band of ₹46 per share, requiring ₹138,000 per lot for retail investors. For HNI investors, the minimum application is 6,000 shares (2 lots) amounting to ₹276,000.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 3000 | ₹1,38,000 |
| Retail Maximum | 1 | 3000 | ₹1,38,000 |
| HNI Minimum | 2 | 6000 | ₹2,76,000 |
Indobell Insulation IPO Subscription Status
The subscription status for Indobell Insulation IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| -- | 51.31x | 52.37x | -- | 54.13x |
IPO Performance on Listing Day
On the listing day (January 13, 2025), Indobell Insulation made a spectacular debut on the stock exchange. The stock opened at ₹87.40, delivering an impressive premium of 90% over its issue price of ₹46. Throughout the trading session, the stock demonstrated strong buying interest, reaching a high of ₹91.77 while maintaining support above ₹83.03. The shares concluded their first trading day at ₹91.77, securing an outstanding gain of 99.5% over the issue price, indicating robust investor confidence in this insulation solutions provider.
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹87.40 | ₹91.77 | ₹91.77 | ₹83.03 |
Indobell Insulation IPO Company Financials
Indobell Insulation reports robust performance in FY2024 with Total Income of ₹17.99 crores, managing expenses at ₹15.86 crores, and achieving a strong PAT (Profit After Tax) of ₹1.03 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2022 | ₹9.77 | ₹8.96 | ₹0.15 |
| FY 2023 | ₹21.05 | ₹19.03 | ₹0.90 |
| FY 2024 | ₹17.99 | ₹15.86 | ₹1.03 |
| FY 2025 (6 M) | ₹5.56 | ₹4.70 | ₹0.42 |
About Company
Indobell Insulations, established in May 1972, is a leading manufacturer and contractor specializing in insulation products such as nodulated/granulated wool (mineral and ceramic fibre nodules) and prefabricated thermal insulation jackets. These products are used in a wide range of applications, including residential, commercial, and industrial sectors, to provide insulation solutions for homes, buildings, and plants. The company focuses primarily on serving the power industry with comprehensive insulation and lining services, scaffolding, surface protection, refractory, passive fire protection, and borosilicate lining for chimneys.
The company operates manufacturing units in West Bengal and Maharashtra and has earned ISO certifications for its quality management (ISO 9001:2015), environmental management (ISO 14001:2015), and occupational health and safety management (ISO 45001:2018) systems. Indobell Insulations provides customized insulation solutions tailored to each client’s needs, offering various sizes, shapes, and densities for both 3D and 2D designs, alongside manufacturing drawings and thermal analysis. As of December 30, 2024, the company employs 31 people across different departments.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 1972 | Textile | VIJAY BURMAN |
Know Before Investing
Indobell Insulation IPO Strengths
- The company specializes in a wide range of insulation products, including mineral and ceramic fiber nodules, catering to various industries.
- Indobell has established a robust customer base in countries like South Korea, Germany, Taiwan, the USA, and Switzerland, enhancing its market reach.
- The company has shown significant revenue growth, increasing from ₹9.61 crore in FY22 to ₹20.77 crore in FY23, indicating strong business performance.
- With a seasoned management team, the company is well-equipped to navigate industry challenges and drive growth strategies.
- Indobell’s primary focus on the power sector positions it favorably to benefit from increasing demand for insulation solutions in this critical industry.
Indobell Insulation IPO Risks
- As a newly listed company, Indobell Insulation has limited historical financial data, making it challenging for investors to assess long-term viability.
- The company’s revenue is heavily reliant on the power industry, exposing it to risks associated with fluctuations in this sector.
- With a debt-to-equity ratio of 0.93, the company carries a moderate level of debt, which could impact financial stability during downturns.
- Operating in the insulation sector requires adherence to strict regulations; any non-compliance could lead to penalties or operational disruptions.
- The insulation market is competitive, and increased competition could pressure pricing and affect profit margins.
Swot Analysis for Indobell Insulation IPO
Strengths
Innovative insulation solutions, Strong industry expertise, Sustainable practices
Weaknesses
Limited brand recognition, Recent revenue decline, Market dependency
Opportunities
Growing demand for energy efficiency, Government incentives, Market expansion
Threats
Intense competition, Regulatory compliance challenges, Economic fluctuations
Company Details
Indobell Insulation Limited
88C
Lake View Road,
Kolkata – 700029
Phone: +91 99032 51056
Email: cs@indobell.com
Website: https://www.indobell.com/
IPO Registar Details
Integrated Registry Management Services Private Limited
Phone: 044 – 28140801 to 28140803
Email: smeipo@integratedindia.in
Website: https://www.integratedregistry.in/RegistrarsToSTA.aspx?OD=1
FAQs
The key objectives of Indobell Insulation IPO are:
- Capital expenditure for purchasing additional plant and machinery
- Meeting working capital requirements
- General corporate purposes
Finshore Management Services Limited is the book-running lead managers for the Indobell Insulation IPO.