Neelam Linens and Garments (India) Limited
₹1,44,000(6,000 Shares)
Minimum Investment
IPO Dates
Nov 8, 2024 – Nov 12, 2024
Price Band
₹20–24 per equity share
Lot Size
6000
Listing
Nov 18, 2024
Listing At
NSE SME
Neelam Linens and Garments (India) Limited Live Subscription Details
All IPOsAll Live IPOsOverall Subscription
Total Bids Received
92.05x
Neelam Linens and Garments (India) Limited IPO Issue Details
- Issue Price
- ₹20-24 Per Equity Share
- Face Value
- ₹10 Per Equity Share
- Fresh Share
- 54,18,000 shares(aggregating up to ₹13 crore)
- Listing At
- NSE SME
- Listing Date
- Nov 18, 2024
- Registrar
- Purva Sharegistry India Pvt Ltd
Market Lot Details
Reservation Details
NII
7.74L
QIB
10.32L
Anchor
15.36L
Market Maker
2.76L
Company Information
Neelam Linens and Garments (India) Limited incorporated in 2010 is one of the finest manufacturers and exporter of high-class soft home fashion across the world. The group offers a gamut of items such...
Valuations
EPS (Pre-IPO)
1.66
EPS (Post-IPO)
1.59
P/E (Pre-IPO)
14.44
P/E (Post-IPO)
15.08
RoNW
3.31%
PAT Margin
3.69%
P/B Value
1.46
Objectives of the Issue
- 1Funding capital expenditure requirement of our Company towards the purchase of Embroidery Machines for expansion
- 2Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company
- 3General corporate purposes;
Neelam Linens and Garments (India) Limited – Promoter(s)
Contact Details
Corporate Office
446-447, 4th Floor, Shah & Nahar Industrial Estate Sitaram Jadav Marg, Lower Parel, Delisle Road, Mumbai- 400013
Neelam Linens and Garments (India) Limited Allotment & Registrar Details
Check AllotmentPurva Sharegistry India Pvt Ltd
Neelam Linens and Garments (India) Limited IPO Documents
Frequently Asked Questions — Neelam Linens and Garments (India) Limited IPO
The Neelam Linens and Garments (India) Limited IPO price band is set at ₹20.00 to ₹24.00 per equity share.
The lot size for Neelam Linens and Garments (India) Limited IPO is 6000 shares per lot. The minimum investment amount is approximately ₹1,44,000.
The Neelam Linens and Garments (India) Limited IPO opens on Nov 8, 2024 and closes on Nov 12, 2024.
Neelam Linens and Garments (India) Limited IPO is expected to be listed on Nov 18, 2024 on NSE SME.
The current GMP for Neelam Linens and Garments (India) Limited IPO is ₹12, suggesting an expected listing price of around ₹32.00. Note: GMP is an unofficial market indicator.
The registrar for Neelam Linens and Garments (India) Limited IPO is Purva Sharegistry India Pvt Ltd. You can contact them at support@purvashare.com.
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