Indobell Insulations Secures Domestic Order from Goa Shipyard Limited
Indobell Insulations Limited has secured a domestic order from Goa Shipyard Limited through the Government e Marketplace (GeM). The contract involves the supply of 2 Shipsets Searox Slabs Frigates Project Yard 1258-59.The total value of the awarded order is Rs 1,46,94,642.10.
In a statement dated April 6, 2026, the company confirmed the transaction details with the awarding entity being Goa Shipyard Limited, which falls under the Department of Defence Production, Ministry Of Defence.
The contract specifics indicate that the order is from a domestic entity and pertains to the supply of 2 Shipsets Searox Slabs Frigates Project Yard 1258-59. The stipulated execution period for this order is September 2026.
Key terms and conditions of the order noted include that payment will be made by the client within 30 days from the date of invoicing, with the consideration size detailed as Rs 1,46,94,642.10.
The nature of the order and its terms can be summarized in the table below:
| Detail | Description |
|---|---|
| Awarding Entity | Goa Shipyard Limited, Department of Defence Production, Ministry Of Defence |
| Nature of Order | Supply of 2 Shipsets Searox Slabs Frigates Project Yard 1258-59 |
| Order Size | Rs 1,46,94,642.10 |
| Payment Terms | 100% payment within 30 days from the date of invoicing |
| Execution Timeline | September 2026 |
Stock Price Movement
Indobell Insulations Ltd shares are currently trading between ₹70.00 and ₹69.00. The stock is seeing a dip, as it currently sits at ₹69.00, marking a decrease of ₹3.50 in today's session.Source:
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