03
Jan
Kolkata (West Bengal) [India], January 03: Indobell Insulations Limited, a prominent manufacturer and contractor of specialized insulation products, has launched its Initial Public Offering (IPO) on the BSE SME platform. The IPO aims to raise ₹1,014.30 lakhs through the issuance of 22,05,000 equity shares, priced at ₹46 each. The issue is open from January 6 to January 8, 2025. IPO Highlights Issue Size: ₹1,014.30 lakhs Price Per Share: ₹46 Market Lot: 3,000 shares Post-IPO Dilution: 35% Listing Platform: BSE SME Utilization of Funds The proceeds from the IPO will be directed towards: Acquiring advanced machinery to enhance production capacity. Supporting working…
