SMEClosed

Neelam Linens and Garments (India) Limited IPO Subscription Status

📅Offer Date: 08 Nov 2024 – 12 Nov 2024

Minimum investment
₹1,44,0006000 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total92.05x
QIB0.00x
NII0.00x
Retail57.84x

Neelam Linens and Garments (India) Limited IPO was subscribed 92.05x in total when bidding closed on 12 Nov 2024, with 0.00x in the QIB category, 0.00x in NII, 57.84x in retail. The issue ran from 08 Nov 2024 to 12 Nov 2024 at a price band of ₹20.00–₹24.00 per share.

QIB0.00xNII0.00xRetail57.84xTotal92.05x1×

Times subscribed by category against the 1× line.

58
≈ 1 in 58 retail allotment
low allotment chance

Based on retail subscription (57.84x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
Retail18,00,00010,41,12,00057.84x
Total36,06,00033,19,32,30092.05x
QIB / NII10,32,00000.00x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
Retail4.32249.8757.84x
QIB / NII2.48—0.00x
Total6.80249.8792.05x

Values derived from share count × issue price (₹24.00)

What this means for allotment & listing

Because Neelam Linens and Garments (India) Limited closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.

NSE SME listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.

Neelam Linens and Garments (India) Limited IPO subscription FAQs