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IPO Synopsis

Indobell Insulations Ltd
  • 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
Opens On Closes On
06-Jan-25 08-Jan-25
Money Payable On
Application Allotment
46.00 0.00
Minimum Application for shares in Nos : 3000 Further Multiples of : 3000
(.Cr) Lead Managers to the Issue
Project Cost (.Cr) 8.87 Finshore Management Services Ltd
Project Financed through Current Offer (.Cr) 10.14  
Post Issue Equity Share Capital (.Cr) 6.30
Issue Price () 46.00
Projects
Funding capital expenditure towards purchase of additional plant and machinery
Working capital requirements
General corporate expenses
Promoted By
Vijay Burman
Man Mohan Burman
Megha Burman
Listing At
BSE - SME
Registrar to the Issue
No Data Available
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