IPO IPO-Synopsis
Indobell Insulations Ltd

Back

Registered Office: 88C Lake View Road, , Kolkata - 700029 , West Bengal , India.
Phone : +91 99032 51056   Fax:
Email :  cs@indobell.com  
Website :  www.indobell.com
Initial public offer of 22,05,000 equity shares of face value of Rs10/- each ("Equity Shares") of Indobell Insulations Limited (the "Company" or the "Issuer") for cash at a price of Rs46/- per equity share, including a share premium of Rs36/- per equity share (the "Issue Price"), aggregating to Rs10.14 crores ("The Issue"), of which 1,11,000 equity shares of face value of Rs10/- each for cash at a price of Rs46/- per equity share, aggregating to Rs0.51 crores will be reserved for subscriptions by the market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 20,94,000 equity shares of face value of Rs10/- each for cash at a price of Rs46/- per equity share, aggregating to Rs9.63 crores is here in after referred to as the "Net Issue". The issue and the net issue will constitute 35.00% and 33.24% respectively of the post issue paidup equity share capital of the company. The face value of the equity share is Rs10/- each and the issue price is Rs46/- each i.e., 4.6 times of the face value of the equity shares. The minimum lot size is 3,000 equity shares.

Issue Money Payable On
Opens On Closes On Application Allotment
06-Jan-25 08-Jan-25 Rs46.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :3000  Further Multiples of :3000

  Rs Cr Lead Managers to the Issue
Project Cost 8.87
Finshore Management Services Ltd
Project Financed through Current Offer 10.14  
Post Issue Equity Share Capital 6.30  
Issue Price Rs46.00  
Projects
Funding capital expenditure towards purchase of additional plant and machineryGeneral corporate expenses
Working capital requirements
Promoted By
Vijay Burman
Man Mohan Burman
Megha Burman
Listing At
BSE - SME 
Registrar to the Issue
Integrated Registry Mgt Ser.Pv