| 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  10/- each ("Equity Shares") of Indobell Insulations Limited (the "Company" or the "Issuer") for cash at a price of 46/- per equity share, including a share premium of 36/- per equity share (the "Issue Price"), aggregating to 10.14 crores ("The Issue"), of which 1,11,000 equity shares of face value of 10/- each for cash at a price of 46/- per equity share, aggregating to 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 10/- each for cash at a price of 46/- per equity share, aggregating to 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 10/- each and the issue price is
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 |
Rs46.00-0.00 |
Rs0.00-0.00 |
| Minimum Application for shares in Nos :3000 Further Multiples of :3000 |
| |
RsCr |
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 |
Rs46.00 |
|
|