31 Mar 2022
Assets14.89
Total Income9.77
Profit After Tax0.15
NET Worth3.89
Reserves and Surplus3.21
Total Borrowing6.13
At a glance
Updated 2026-09-12Indobell Insulation is a SME IPO with an issue size of ₹10.14 crore, proposed for listing on BSE SME. The issue structure includes a fresh issue of ₹9.63 crore.
Issue details
Listing atBSE SME
Issue typeFixed Price Issue
Issue size₹10.14 Cr
Fresh issue₹9.63 Cr
Face value₹10
Price band—–—
Grey market
GMP page ↗Latest GMPNO GMP
GMP / upper priceNO DATA
Est. listingNO DATA
GMP is unofficial sentiment data, not an exchange price.
Subscription demand
Full bidding ↗NO DATAWaiting for a verified live exchange update.
Company
Use of proceeds
| Object | Amount |
|---|---|
| Funding Capital Expenditure towards purchase of additional plant and machinery | ₹0.41 Cr |
| To meet the working capital requirements | ₹7.76 Cr |
| General Corporate Purposes | ₹0.70 Cr |
| Issue expenses | ₹1.28 Cr |
| Total | ₹10.14 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue5.56₹ Cr · -69.1% vs prior year
PAT0.42₹ Cr · -59.2% vs prior year
Assets13.20₹ Cr · -13.7% vs prior year
Net Worth6.09₹ Cr · +7.4% vs prior year
Borrowing3.42₹ Cr · -35.1% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2023
Assets12.32
Total Income21.05
Profit After Tax0.90
NET Worth4.73
Reserves and Surplus4.04
Total Borrowing4.24
31 Mar 2024
Assets15.29
Total Income17.99
Profit After Tax1.03
NET Worth5.67
Reserves and Surplus1.58
Total Borrowing5.27
30 Sep 2024
Assets13.20
Total Income5.56
Profit After Tax0.42
NET Worth6.09
Reserves and Surplus2.00
Total Borrowing3.42
KPIs
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 18.21% |
| ROCE | 28.15% |
| Debt / Equity | 0.93% |
| RoNW | 18.21% |
| PAT Margin | 5.74% |
| Price to Book Value | 3.32 |
Valuation & shareholding
Pre-IPO EPS2.52
Post-IPO EPS1.35
Pre-IPO P/E18.24
Post-IPO P/E34.18
Promoter holding pre99.99%
Promoter holding post65%
Market cap₹28.98 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Indobell Insulation IPO | — | 34.18 x | — | — |
| Paluck Technologies IPO | — | 6.62 x | — | — |
| Sumax Engineering IPO | — | 15.05 x | — | — |
| Technocrats Plasma IPO | — | 16.26 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Funding Capital Expenditure towards purchase of additional plant and machinery | ₹0.41 Cr |
| To meet the working capital requirements | ₹7.76 Cr |
| General Corporate Purposes | ₹0.70 Cr |
| Issue expenses | ₹1.28 Cr |
| Total | ₹10.14 Cr |
Registrar & lead managers
Registrar
Integrated Registry Management Services...Lead managers
- Finshore Management Services Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-12.
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