
Capital Goods / Industrial Manufacturing · BSE
Established in May 1972, Indobell Insulation Limited is a leading manufacturer of insulation products, including mineral and ceramic fiber nodules (granulated and nodulated wool) and prefabricated thermal insulation jackets for residential, commercial, and industrial use. The company offers customized insulation solutions with 2D/3D designs and thermal analysis to meet specific project needs. With manufacturing units in West Bengal and Maharashtra, Indobell holds ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications, ensuring quality, environmental care, and safety standards. Supported by a team of 31 skilled professionals, the company continues to deliver efficient, reliable, and high-quality insulation solutions.
Price Band
₹46
Issue Size
₹10.14 Cr
Lot Size
3000 shares
GMP
+67.4%
Est. Listing
₹77
at current GMP
Subscribed
51.89x
overall
Open
6 Jan 2025
Close
8 Jan 2025
Allotment
9 Jan 2025
Refund
10 Jan 2025
Demat Credit
11 Jan 2025
Listing
13 Jan 2025
Overall Subscription
51.89x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
52.37x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| RETAIL | 1,047,000 | 54,828,000 | 52.37x |
| Total | 1,047,000 | 54,828,000 | 51.89x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 257 | 13,459 | 52.37x |
| HNIs (10L +) | 2 | 104 | 52.00x |
| HNIs (2-10L) | 8 | 415 | 51.88x |
| Total Applications | 267 | 13,978 | 52.35x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Indobell Insulation Limited is bringing an initial public offering (IPO) in the Capital Goods / Industrial Manufacturing sector with an aggregate issue size of ₹10.14 Crores. The shares are offered at a price band of ₹46 to ₹46 per equity share on BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2025-01-08, the basis of allotment is scheduled to be finalized on 2025-01-09. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Integrated Registry Management Services Private Limited) or the BSE allotment checking window.
The latest Grey Market Premium (GMP) for Indobell Insulation Limited IPO is ₹31 per equity share. Based on the upper price band of ₹46 to ₹46 per equity share, the estimated listing price is ₹77 (+67.4% expected listing gain).
With a lot size of 3000 shares and current GMP of ₹31, the expected profit per application lot is approx ₹93,000 (+67.4% gain). Minimum application cost is approx ₹1,38,000.
The Indobell Insulation Limited IPO aggregate issue size is ₹10.14 Crores with an equity price band set at ₹46 to ₹46 per equity share. The retail lot size is 3000 shares requiring a minimum capital outlay of approx. ₹1,38,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 51.89x (Retail: 52.37x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Integrated Registry Management Services Private Limited) and the BSE status verification website on or around 2025-01-09. Investors can verify status using PAN card or application number.
Indobell Insulation Limited shares are scheduled to list on BSE on 2025-01-13.