Neelam Linens and Garments (India) Limited IPO
NSE SMEClosed
Nov 8, 2024Open Date
Nov 12, 2024Close Date
TBAAllotment Date
Nov 18, 2024Listing Date
Subscription Details
View Subscription DetailsQIB / NII0.00x
Retail57.84x
Overall Subscription
Total Bids Received
92.05x
Updated: 10 Jul, 06:09 pm
Neelam Linens and Garments (India) Limited IPO Issue Details
Issue Price₹20-24 Per Equity Share
Face Value₹10 Per Equity Share
Fresh Share54,18,000 shares(aggregating up to ₹13 crore)
Listing AtNSE SME
Listing DateNov 18, 2024
RegistrarPurva Sharegistry India Pvt Ltd
Reservation Details
| Category | Shares Offered | % |
|---|---|---|
| NII | 7,74,000 | 14.29% |
| QIB | 10,32,000 | 19.05% |
| Anchor | 15,36,000 | 28.35% |
| Market Maker | 2,76,000 | 5.09% |
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)
Kantilal Jethva
Bhavin Jethwa
Contact Details
Corporate Office
446-447, 4th Floor, Shah & Nahar Industrial Estate Sitaram Jadav Marg, Lower Parel, Delisle Road, Mumbai- 400013
Registrar Contact
Purva Sharegistry India Pvt Ltd
Frequently Asked Questions — Neelam Linens and Garments (India) Limited IPO
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