The Indobell Insulations IPO provides an opportunity for investors to apply for shares through a simple online process. To participate, investors must log in to their trading accounts via a web platform or mobile app and access the IPO section. The application involves entering bid details, specifying the lot size, and authorizing payment through UPI. Ensuring accuracy in all steps is essential for completing the process successfully.
For detailed step-by-step instructions and additional information about the IPO, visit the official Indobell Insulations IPO page on the Bajaj Broking website.
Indobell Insulations IPO Application Process
The application process for the Indobell Insulations IPO is straightforward and can be completed in a few simple steps using Bajaj Broking’s platform.
Step 1: Login to Your Trading Platform
Log in to your Bajaj Broking account through the website or mobile app. Ensure your credentials are secure.
Step 2: Navigate to the IPO Section
Locate and click on the IPO section to view all active and upcoming IPOs.
Step 3: Select the Open IPO and Click Apply
Search for "Indobell Insulations IPO" from the list of active IPOs and click on the ‘Apply’ button.
Step 4: Enter the Quantity of Shares You Wish to Apply For
Input the number of lots to apply for, keeping in mind the minimum lot size is 3,000 shares.
Step 5: Provide Your UPI ID
Enter your UPI ID linked to a valid bank account. Ensure sufficient funds are available to cover the investment amount.
Step 6: Confirm the Application
Verify all entered details, including the lot size, bid price, and UPI ID. Submit your application after confirmation.
Step 7: Complete the Process and Wait for Allotment
Approve the UPI mandate through your payment app to complete the application process. Check allotment status after the announcement date.
How to Check Indobell Insulations IPO Allotment Status?
Checking your allotment status for the Indobell Insulations IPO is easy and can be done via the registrar's website, stock exchanges, or Bajaj Broking’s platform.
Step 1: Visit the Official Website of the IPO's Registrar
Go to the website of Integrated Registry Management Services, the registrar for this IPO.
Step 2: Navigate to the IPO Allotment Status Page
Locate the section for IPO allotments to access the status page.
Step 3: Enter Your PAN Number, Demat ID, or Application Number
Provide one of these details accurately to fetch your allotment results.
Step 4: Click on 'Submit' or 'Check Status'
Submit the entered details to view your allotment status.
Step 5: Alternative Check on Stock Exchange Websites
Visit BSE or NSE websites to check your allotment status using similar details.
Step 6: Check via Bajaj Broking Website
Log in to Bajaj Broking, access the IPO section, and view your allotment updates in IPO Allotment Status .
About Indobell Insulations IPO: Overview and Key Facts
Indobell Insulations Limited, established in 1972, is engaged in manufacturing insulation materials, including nodulated wool and prefabricated thermal insulation jackets. The company’s operations cater to diverse industries and adhere to quality and environmental standards.
The IPO comprises a fresh issue of ₹10.14 crores, with a fixed price of ₹46 per share and a minimum lot size of 3,000 shares. The IPO opens on January 6, 2025, and closes on January 8, 2025, with allotment scheduled for January 9, 2025, and shares credited by January 10, 2025.
Proceeds from the IPO will be used for capital expenditure, working capital needs, and other corporate purposes. Investors can check their allotment status on the registrar’s website or Bajaj Broking platform.
For more information, visit the Indobell Insulations IPO Allotment Status page.