Indobell Insulation Limited (BSE SME)

Jan 6, 2025 - Jan 8, 2025

Price ₹46 - ₹46
Premium ₹0
Lot size 3000
Allotment Jan 9, 2025
Listing Jan 13, 2025

Category Lot(s) Qty Amount Reserved
Retail 1 3000 138000 349
HNI 2 6000 276000 349

Last updated on 08-Jan-2025 12:34:03

CategoryOfferedAppliedTimes
HNIs104700043260004.13
Retail10470001756800016.78
Total20940002188800010.45
Total Applications: 7542
HNI Interest Cost Per Share (7 Days)
@7%
₹0.3
@8%
₹0.3
@9%
₹0.3
@10%
₹0.4
@11%
₹0.4
@12%
₹0.4
About

IPO Reservation

Investor CategoryShares OfferedNo. of Shares
Retail47.5%1047000
Other47.5%1047000
Market Maker5.03%111000
Total No. of Shares100.0%2205000

Indobell Insulation IPO Details

Issue Size22,05,000 shares
(aggregating up to ₹10.14 Cr)
Fresh Issue22,05,000 shares
(aggregating up to ₹ 10.14 Cr)
Issue TypeFixed Price Issue IPO
Listing AtBSE SME
Share Holding Pre Issue40,94,952 shares
Share Holding Post Issue62,99,952 shares
Market Maker Portion1,11,000 shares
Market MakerBlack Fox Financial

Key Performance Indicator

KPISep-24Mar-24Mar-23
ROE6.95%18.21%19.04%
ROCE11.11%28.15%30.62
RONW6.95%18.21%19.04
D/E0.560.930.9
EPS
(basic)
1.042.5213.19
P/E Pre IPO18.24
P/E Post IPO34.18

Company Financials In Crore

Period EndedSep-24Mar-24Mar-23Mar-22
Assets13.2015.2912.3214.89
Revenue5.5617.9921.059.77
Profit After Tax0.421.030.900.15
Net Worth6.095.674.733.89
Reserves and Surplus2.001.584.043.21
Total Borrowing3.425.274.246.13

About Company

Incorporated in May 1972, Indobell Insulation Limited specializes in manufacturing insulation products, including nodulated and granulated wool (mineral and ceramic fiber nodules) and prefabricated thermal insulation jackets. The company's products cater to residential, commercial, and industrial applications, offering tailored insulation solutions to meet client-specific requirements in size, shape, and density, supported by advanced 3D and 2D designs, manufacturing drawings, and thermal analysis. Its product range includes Ceramic Fiber Nodules, Mineral Fiber Nodules, and Prefabricated Thermal Insulation Jackets. With manufacturing facilities in West Bengal and Maharashtra, Indobell is ISO-certified under ISO 9001:2015 for quality management, ISO 14001:2015 for environmental management, and ISO 45001:2018 for occupational health and safety. As of December 30, 2024, the company employs 31 individuals across various departments, reflecting its commitment to delivering high-quality, innovative insulation solutions.

Lead Manager(s)

Finshore Management Services Limited 

Strength

Experienced Management Team: Led by seasoned professionals with extensive industry expertise.

Smooth Operations: Efficient processes ensure timely delivery and high-quality production.

Well-Defined Organizational Structure: Clear hierarchy and responsibilities enhance productivity and decision-making.

Weakness

Legal Proceedings: Ongoing legal cases involving the company, directors, and promoters could adversely impact operations and financial stability if decisions are unfavorable.

Challenges in Development Plans: Failure to execute proposed development plans effectively could affect operational and financial performance.

Manufacturing Expansion Delays: Delays in ordering or procuring machinery for facility expansion may disrupt timelines and increase costs.

Registrar

Integrated Registry Management Services Private Limited

Email: smeipo@integratedindia.in

Website : https://www.integratedregistry.in/RegistrarsToSTA.aspx?OD=1