Indobell Insulation
Listed
Listed
IPO Timeline
Issue open date
6 Jan 2025Issue close date
8 Jan 2025UPI mandate deadline
8 Jan 2025Allotment finalization
9 Jan 2025Refund initiation
10 Jan 2025Share credit
10 Jan 2025Listing date
13 Jan 2025Mandate end date
23 Jan 2025Lock-in end date for anchor investors (50%)
8 Feb 2025Lock-in end date for anchor investors (remaining)
9 Apr 2025Key Dates
Open
6 Jan 2025Close
8 Jan 2025Listing
13 Jan 2025Quick Stats
Issue Size:10cr
Lot Size:3000 shares
About the Company
Indobell Insulations Limited, established in 1972 and headquartered in West Bengal, specialises in manufacturing and contracting insulation products, including mineral and ceramic fiber nodules, and prefabricated thermal insulation jackets. Key services include consultancy, engineering, fabrication, material supply, installation, supervision, and project management. With ISO certifications and a strategic presence in West Bengal and Maharashtra, Indobell serves diverse industries, including power and export markets, contributing 33.71% of revenue from exports in FY24. Led by an experienced team, the company emphasizes quality, customization, and innovation, offering tailored solutions to clients worldwide.
Strengths
- Specialised in insulation products with a strong focus on the power sector.
- Strategically located units in West Bengal and Maharashtra.
- Significant export revenue (33.71% in FY24).
- ISO-certified for quality and safety standards.
Risks
- Dependence on the power sector for revenue.
- Vulnerable to geopolitical and currency risks.
- Payment delays from large-scale clients.
- Intense competition in the insulation industry.
Indobell Insulation IPO – Frequently Asked Questions
- The price band for the Indobell Insulation IPO is set at ₹46 to ₹46 per share.
- The Indobell Insulation IPO opens on January 6, 2025 and closes on January 8, 2025.
- The tentative listing date for the Indobell Insulation IPO is January 13, 2025.
- You can apply for the Indobell Insulation IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Indobell Insulation, enter lot quantity and UPI ID, then approve the mandate.
- The lot size for the Indobell Insulation IPO is 3000 shares. Investors must apply for at least one lot (i.e., 3000 shares).