Indobell Insulations IPO subscription started on Monday, January 6, 2025, and will close on January 8, 2025, as per the schedule. The price band is set at ₹46 per share with a face value of ₹10.
Indobell Insulations IPO Subscription Status
Indobell Insulations IPO Subscribed over 2.33x on its first day till 05.00 PM on 6th January 2025.
- Indobell Insulations IPO subscription QIB investors portion is 0.00x times, while NII subscribed 0.4x times and RII investors subscribed 4.26x times.
- The company has received bids for 48,81,000 shares against 20,94,001 shares on offer on the first day.
- Indobell Insulations IPO Subscribed over 2.33x on day 1.
About Indobell Insulations IPO
Indobell Insulations was established in 1998 and started a business of manufacturing and contracting insulation products, including mineral and ceramic fiber nodules, as well as prefabricated thermal insulation jackets. Further, these nodules are useful in various settings, including homes, commercial buildings, factories, and other insulation applications. Their primary focus is on the power industry, where they offer services such as insulation, scaffolding, surface protection, fire safety, and chimney lining. This company was started by the close association to a growing need for energy savings. Financially, it had a 17.88 crores revenue portion in the last year 2024 in comparison to 20.77 crores in 2023 respectively. PAT(Profit After Tax) ratio is Rs 1.03 cr in 2024, and 0.90 cr in 2023.
Indobell Insulations IPO Company Financial Report
The company reported revenue of ₹17.88 crore in 2024 against ₹20.77 crore in 2023. The company reported a profit of ₹1.03 crores in 2024 against a Profit of ₹0.90 crores in 2023.
Indobell Insulations IPO GMP:
Indobell Insulations IPO GMP was ₹0 as of Monday, 6th January. That indicates the IPO is trading at ₹46 with ₹0 premium in the grey market against the issue price of ₹46.
