Indobell Insulations IPO Details 2025
The Indobell Insulations IPO is scheduled to open for subscription on January 6, 2025, and close on January 8, 2025. It is a Fixed Price Issue, with the company planning to raise ₹10.14 crores. The IPO includes a fresh issue of ₹10.14 crores, with a face value of ₹10 per share. The price per share is set at ₹46, and the IPO will be listed on BSE SME on January 13, 2025.
Key IPO Details
| Aspect | Details |
|---|---|
| IPO Open Date | January 6, 2025 |
| IPO Close Date | January 8, 2025 |
| Face Value | ₹10 per equity share |
| IPO Price Band | ₹46 per share |
| Issue Size | ₹10.14 crores |
| Fresh Issue | ₹10.14 crores |
| Issue Type | Fixed Price Issue |
| Listing Platform | BSE SME |
| Retail Quota | 50% |
| NII Quota | 50% |
| QIB Quota | 0% |
| Allotment Basis Date | January 9, 2025 |
| Refunds Initiation | January 10, 2025 |
| Credit to Demat | January 10, 2025 |
| Listing Date | January 13, 2025 |
Market Lot
The minimum market lot for retail investors is 3,000 shares, with a total investment of ₹1,38,000.
| Investor Type | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 3,000 | ₹1,38,000 |
| S-HNI Minimum | 2 | 6,000 | ₹2,76,000 |
About Indobell Insulations
Established in 1998, Indobell Insulations Limited specializes in manufacturing and contracting insulation products, such as mineral and ceramic fiber nodules and prefabricated thermal insulation jackets. The company caters to various industries, with a focus on the power sector, providing services like:
- Insulation
- Scaffolding
- Surface Protection
- Fire Safety
- Chimney Lining
The company’s mission is aligned with the growing demand for energy-efficient solutions. Indobell Insulations is a prominent player in delivering cost-effective and sustainable insulation products.
Financial Overview
The financials highlight consistent growth with a solid profitability ratio.
| Period | Revenue (₹ Cr.) | Expenses (₹ Cr.) | Profit After Tax (₹ Cr.) | Assets (₹ Cr.) |
|---|---|---|---|---|
| 2022 | 9.77 | 8.96 | 0.15 | 14.89 |
| 2023 | 21.05 | 19.03 | 0.90 | 12.32 |
| 2024 | 17.99 | 15.86 | 1.03 | 15.29 |
| Sept 2024 | 5.56 | 4.70 | 0.42 | 13.20 |
Key Metrics
| Metric | Value |
|---|---|
| ROE (Return on Equity) | 18.21% |
| ROCE (Return on Capital) | 28.15% |
| EBITDA Margin | 11.30% |
| PAT Margin | 5.74% |
| Debt-to-Equity Ratio | 0.93 |
| Earnings Per Share (EPS) | ₹2.52 (Basic) |
| Net Asset Value (NAV) | ₹13.85 |
Objects of the Issue
The funds raised from the IPO will be utilized for the following:
- Capital Expenditure: Acquisition of additional plant and machinery.
- Working Capital Requirements.
- General Corporate Purposes.
IPO Promoters
The promoters of the company are:
- Mr. Vijay Burman
- Mr. Man Mohan Burman
- Ms. Megha Burman
- Ms. Raksha Burman
Peer Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income (₹ Cr.) |
|---|---|---|---|---|---|
| Beardsell Ltd. | 2.02 | 20.87 | 11.16% | 18.01 | 231.46 |
Important Dates
| Event | Date |
|---|---|
| IPO Open Date | January 6, 2025 |
| IPO Close Date | January 8, 2025 |
| Allotment Date | January 9, 2025 |
| Refunds Initiation | January 10, 2025 |
| Credit to Demat | January 10, 2025 |
| Listing Date | January 13, 2025 |
Conclusion
The Indobell Insulations IPO offers a unique opportunity for long-term investors looking to enter the insulation manufacturing sector. With strong financials, a focus on energy-efficient products, and an established market presence, the company appears to have a solid growth trajectory. However, potential investors should evaluate the risks and align their decisions with their investment objectives.
FAQs about Indobell Insulations IPO
Here are some frequently asked questions to help investors understand the Indobell Insulations IPO better:
1. What is Indobell Insulations IPO?
Indobell Insulations IPO is a SME IPO through which the company plans to raise ₹10.14 crores. It is a Fixed Price Issue priced at ₹46 per share and will be listed on BSE SME.
2. When will the Indobell Insulations IPO open for subscription?
The IPO will open for subscription on January 6, 2025, and will close on January 8, 2025.
3. What is the minimum investment required for Indobell Insulations IPO?
The minimum investment required is ₹1,38,000 for one lot of 3,000 shares.
4. How to apply for the Indobell Insulations IPO?
Investors can apply for the IPO through the following methods:
- ASBA via your bank account.
- UPI-based applications through your stockbroker’s platform.
- Offline forms available with stockbrokers.
5. What is the allotment date for Indobell Insulations IPO?
The basis of allotment will be finalized on January 9, 2025.
6. What is the listing date for Indobell Insulations IPO?
The IPO will list on the BSE SME platform on January 13, 2025.
7. What are the key financial highlights of Indobell Insulations?
- Revenue (FY2024): ₹17.99 crores
- Profit After Tax (FY2024): ₹1.03 crores
- ROE: 18.21%
- PAT Margin: 5.74%
Registrar and Lead Manager Details
Registrar
Integrated Registry Management Services Private Limited
Phone: 044 – 28140801 to 28140803
Email: smeipo@integratedindia.in
Website: Integrated Registry
Lead Manager
Finshore Management Services Limited
Company Contact Information
Indobell Insulation Limited
Address: 88C, Lake View Road, Kolkata – 700029
Phone: +91 99032 51056
Email: cs@indobell.com
Website: Indobell Official Website
Investment Potential
Indobell Insulations has carved a niche in the insulation and energy efficiency sector, catering primarily to the power industry. With consistent profitability and a focus on sustainable solutions, the company is well-positioned for future growth. Investors with a long-term perspective may find this IPO appealing, given its growth trajectory and market focus.
However, as with any investment, potential investors should carefully review the DRHP, financial metrics, and industry risks before making their decision.
Summary of Indobell Insulations IPO
Indobell Insulations IPO is a Fixed Price SME IPO opening on January 6, 2025, and closing on January 8, 2025. The company plans to raise ₹10.14 crores, entirely through a fresh issue of shares, priced at ₹46 per share. It will list on the BSE SME platform on January 13, 2025.
Key Highlights
- Issue Size: ₹10.14 crores.
- Price per Share: ₹46.
- Minimum Investment: ₹1,38,000 for 3,000 shares.
- Retail and NII Quota: 50% each; no QIB quota.
- Allotment Date: January 9, 2025.
- Listing Date: January 13, 2025.
Financial Performance
The company has shown consistent financial growth with a focus on profitability:
- Revenue (FY2024): ₹17.99 crores.
- Profit After Tax (FY2024): ₹1.03 crores.
- EBITDA Margin: 11.30%.
- Return on Equity (ROE): 18.21%.
Objects of the Issue
The IPO proceeds will be used for:
- Capital Expenditure: Purchase of additional plant and machinery.
- Working Capital Requirements.
- General Corporate Purposes.
Promoters
- Mr. Vijay Burman
- Mr. Man Mohan Burman
- Ms. Megha Burman
- Ms. Raksha Burman
Investment Potential
Indobell Insulations is a key player in the insulation manufacturing sector, focusing on energy-efficient solutions for the power industry. With a solid financial foundation and a growing market presence, the IPO offers long-term growth opportunities for investors.