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Indobell Insulations Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Indobell Insulations Ltd IPO

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 (Rs)10/- each ("Equity Shares") of Indobell Insulations Limited (the "Company" or the "Issuer") for cash at a price of (Rs)46/- per equity share, including a share premium of (Rs)36/- per equity share (the "Issue Price"), aggregating to (Rs)10.14 crores ("The Issue"), of which 1,11,000 equity shares of face value of (Rs)10/- each for cash at a price of (Rs)46/- per equity share, aggregating to (Rs)0.51 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 (Rs)10/- each for cash at a price of (Rs)46/- per equity share, aggregating to (Rs)9.63 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 (Rs)10/- each and the issue price is (Rs)46/- 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 (Rs)46.00-0.00 (Rs)0.00-0.00
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 (Rs)46.00  
 
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