Indobell Insulations IPO will open on January 6, 2025, and close on January 8, 2025. This is a Fixed Price Issue IPO. The company aims to raise ₹10.14 crores, which includes a fresh issue of ₹10.14 crores. The offer for sale details are yet to be announced. The IPO price is ₹46 per share. The investor portion is divided into 50% for retail investors, 0% for QIB, and 50% for HNIs. Indobell Insulations IPO is set to list on BSE on January 13, 2025. The allotment date is January 9, 2025. In 2024, the company recorded revenue of ₹17.88 crores compared to ₹20.77 crores in 2023. The company reported a profit of ₹1.03 crores in 2024, up from ₹0.90 crores in 2023. As per financial analysis, this IPO is suggested for long-term investment.
Indobell Insulations IPO Details
Field
Value
ipo title
Indobell Insulation BSE SME
status
Listed
gain percentage
90%
subscription
54.13x
price
46
gmp
39
est listing
85 (84.78%)
ipo size
₹ 10.14 Cr
Indobell Insulations IPO Dates
Field
Value
lot
3,000
open
06-Jan
close
08-Jan
boa dt
09-Jan
listing
13-Jan
Indobell Insulations IPO Financial Report
In 2024, Indobell Insulations reported revenue of ₹17.88 crores, a slight decrease from ₹20.77 crores in 2023. The profit increased to ₹1.03 crores in 2024, compared to ₹0.90 crores in 2023.
Financial Year
2022
2023
2024
September 2024
Revenue
₹9.77
₹21.05
₹17.99
₹5.56
Expense
₹8.96
₹19.03
₹15.86
₹4.70
Profit
₹0.15
₹0.90
₹1.03
₹0.42
Total Assets
₹14.89
₹12.32
₹15.29
₹13.20
About Indobell Insulations IPO
Indobell Insulations specializes in manufacturing insulation materials and related products. The company has seen stable growth, expanding its product range and market presence. Financially, the company witnessed fluctuations in revenue between 2023 and 2024 but managed to improve its profits, reflecting operational efficiency. The IPO proceeds are intended to further strengthen the company's operations and capabilities.
