Indobell Insulation Limited is one of the renowned names in the thermal insulation industry and is all set to enter the capital markets with its Indobell Insulation IPO. The IPO will be open for subscription from January 6, 2025, to January 8, 2025. This SME IPO by the company aims to raise ₹10.14 crores through a fixed price of ₹46 per share.
Indobell Insulation Limited is an insulation material and industrial solutions manufacturing company incorporated in May 1972. Its products include mineral and ceramic fiber nodules and pre-fabricated thermal insulation jackets. Indobell mainly serves industrial sectors by providing customized insulation solutions according to client requirements.
Indobell Insulation IPO Details: Important Dates
The Indobell Insulation IPO opens in January 2025 and thus provides a seamless timeline for subscription, allotment, and listing. The indobell insulation ipo dates are:
- IPO Opening Date: January 6, 2025
- IPO Closing Date: January 8, 2025
- Basis of Allotment: January 9, 2025
- Refunds Initiated: January 10, 2025
- Demat Credit: January 10, 2025
- Listing Date: January 13, 2025
WHY SMC
- 20 Lac+ unique clients
- 33+ Years of Serving
- Advance Technical Analysis
- Free Demat Account
Indobell Insulation IPO Issue Size
The total issue size under the Indobell Insulation IPO is ₹10.14 crore, raised through a fixed-price issue as the fresh issuance of 22.05 lakh shares at an issue price of ₹46 per share.
Here are the important elements of the issue size:
- Total Issue Size: ₹10.14 crores
- Number of Shares Offered: 22.05 lakh shares (fresh issue)
- Price per Share: ₹46 per share
- Offer Type: Fixed Price Issue
- Market Maker Portion: 1.11 lakh shares (reserved for market makers)
Indobell Insulation IPO Proceeds Usage
The proceeds from the Indobell Insulation SME IPO will be utilized for the following purposes:
- Capital Expenditure Requirements: To fund the capex requirements of the company to buy additional plants and machinery.
- Working Capital Requirements: Most of the funds will be used to meet the company’s working capital requirements, which will allow it to finance its day-to-day operations and expand its production capabilities.
- General Corporate Purposes: The remaining amount will be used for business growth, operational improvement, and financial optimization.
Indobell Insulation IPO Reservation
Indobell Insulation IPO has specific shares reservations for various investors. Here are some key points concerning the reservations for the IPO:
- Retail Individual Investors (RII): 47.48% of the Net Issue
- Non-Institutional Investors (NII): 47.48% of the Net Issue
- Market Maker: 5:03% of the Net Issue
Indobell Insulation IPO Lot Size
Here are the key details about the Indobell Insulation IPO lot size are:
| Category | Shares per Lot | Price Band | Total Shares | Total Investment |
|---|---|---|---|---|
| Retail Investor (Minimum) | 3,000 | ₹46 per share | 3,000 shares | ₹1,38,000 |
| Retail Investor (Maximum) | 3,000 | ₹46 per share | 3,000 shares | ₹1,38,000 |
| HNI Investor (Minimum) | 6,000 | ₹46 per share | 6,000 shares | ₹2,76,000 |
Essential Details:
- Retail Investors can apply for a minimum of 1 lot (3,000 shares) at an investment of ₹1,38,000.
- HNI Investors are required to apply for a minimum of 2 lots (6,000 shares), amounting to an investment of ₹2,76,000.
Indobell Insulation IPO: Promoter Holding
The promoters of Indobell Insulation Limited hold a significant shareholding in the company, which indicates their interest and confidence in its future growth. The Indobell Insulation IPO shareholder quota is as follows:
Promoter Name- Holding (%)
- Mr. Vijay Burman: 35.00%
- Mr. Man Mohan Burman: 35.00%
- Ms. Megha Burman: 15.00%
- Ms. Raksha Burman: 14.99%
- Total Promoter Holding: 99.99%
Post-IPO, Indobell Insulation IPO shareholder quota would be diluted proportionally, increasing the equity base and public participation of the company.
WHY SMC
- 20 Lac+ unique clients
- 33+ Years of Serving
- Advance Technical Analysis
- Free Demat Account
Indobell Insulation Company Details
Indobell Insulation Limited is a market leader in insulation products manufacturing and contracting. Their product range is as follows:
- Nodulated/Granulated Wool
- Ceramic Fiber Nodules
- Mineral Fiber Nodules
- Prefabricated Thermal Insulation Jackets
These products play a significant role in many applications in the residential, commercial, and industrial segments. The company focuses on bespoke solutions, producing products to fit individual client specifications, such as unusual sizes, shapes, and densities.
Indobell Insulation has manufacturing units in West Bengal and Maharashtra. It has all the modern machinery necessary for a high-quality production process. The company is certified with ISO 9001:2015 (Quality Management System), ISO 14001:2015 (Environmental Management System), and ISO 45001:2018 (Occupational Health & Safety Management System) for its quality and safety standards.
The company, as of December 30, 2024, has 31 employees working under various departments, indicating a lean but efficient organizational structure.
Indobell Insulation Company Financial Performance
The financial performance of Indobell Insulation Limited has remained stable over the years as an indicator of operational efficiency and market resilience. Here is the detailed table containing some key financial metrics:
| Particulars | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | YoY Change (%) |
|---|---|---|---|---|
| Revenue | ₹556.3 Lakhs | ₹1,798.57 Lakhs | ₹2,105.22 Lakhs | -14.57% |
| Profit After Tax (PAT) | ₹42.39 Lakhs | ₹103.26 Lakhs | ₹90.01 Lakhs | +14.72% |
| Total Assets | ₹1,320.22 Lakhs | ₹1,528.77 Lakhs | ₹1,232.03 Lakhs | +24.00% |
| Total Borrowing | ₹341.84 Lakhs | ₹526.92 Lakhs | ₹424.34 Lakhs | +24.18% |
WHY SMC
- 20 Lac+ unique clients
- 33+ Years of Serving
- Advance Technical Analysis
- Free Demat Account
Analysis:
- Market Challenges did reduce revenue in FY 2023-24; however, the 14.72% PAT growth clearly reflects efficient operation.
- Sustainable increase in total assets that represents investments on infrastructures as well as in the business is evident.
- Increasing borrowing aligns with the company’s growth-oriented approach towards the development of the capacities.
Risk Factors of Indobell Insulation IPO
Before investing in the Indobell Insulation IPO, investors need to consider all the risks involved:
- Sector Dependency: A major proportion of the company’s revenues are driven from the power sector and it is, therefore, vulnerable to sectoral fluctuations.
- Market Competition: The insulation industry is very competitive; however, several major players have dominated the market for a long time.
- Financial Volatility: A decline in revenue and borrowing may impact profitability in the near future.
Operational Risks due to regulatory issues: The government has brought a new policy or regulation affecting the industry.
Indobell Insulation IPO Details: Contact Information
Investors may obtain further information and any query regarding the IPO by writing to the company’s:
- Registered Address: 88C, Lake View Road, Kolkata – 700029, West Bengal, India
- Tel: +91 9903251056
- E-mail: cs@indobell.com
Investment support in Indobell Insulation IPO may be sought from trust brokers SMC Global Securities for excellent support. Download SMC ACE App or join SMC Telegram channels to get detailed insight into the IPO of Indobell Insulation IPO and expert investment advisory. Open a Demat account and invest wisely!
Frequently Asked Questions – FAQs
1. What is the lot size in the Indobell Insulation IPO?
The Indobell Insulation IPO’s lot size is 3,000 shares per lot. For retail investors, the minimum investment should be ₹1,38,000, that is, one lot, and for HNI investors, at least an investment of ₹2,76,000 in 2 lots.
2. When will the Indobell Insulation IPO open and close?
The Indobell Insulation IPO opens for subscription on January 6, 2025, and closes on January 8, 2025. Investors can apply within this window to participate in the IPO.
3. Where will the Indobell Insulation IPO be listed, and what is its issue price?
Indobell Insulation’s IPO would be listed on BSE SME with an issue price of ₹46 per share, thus opening avenues for the small and medium-sized investor class to trade shares after listing.
References:
https://www.bsesme.com/download/372520/SME_IPO%20Open/1_Prospectus_Indobell_BSE_30122024_Sd_20250101172923.pdf
SMC Global Securities Research Team
Author: All Content is verified by SMC Global Securities.
WHY SMC
- 20 Lac+ unique clients
- 33+ Years of Serving
- Advance Technical Analysis
- Free Demat Account
