Neelam Linens and Garments (India) Ltd IPO

NSE SME

Listed On: Nov 18, 2024 at ₹ 40.05

₹ 144000 /6000 Shares

Check Allotment

Neelam Linens and Garments IPO Details

08 Nov, 2024

Open Date

12 Nov, 2024

Close Date

13 Nov, 2024

Allotment Date

18 Nov, 2024

Listing Date

Issue Price

₹20-24 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Purva Sharegistry India Pvt Ltd

List Price

40.05

Listing Date

2024-11-18

Market Lot

6000 Shares (₹144,000/-)

Lead Manager

Expert Global Consultants Private Limited

Issue Size

5,418,000 shares(aggregating up to ₹13.00 Cr)

Retail Portion

35%

Subscription

92.05 times

IPO Docs

DRHP RHP

Neelam Linens and Garments IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	1,032,000 / 774,000	1,800,000	3,606,000
Day 1 - 08-11-24 06:00 PM	0.00 / 0.94 x	5.04 x	2.72 x
Day 2 - 11-11-24 06:00 PM	1.01 / 4.57 x	15.28 x	8.90 x
Day 3 - 12-11-24 06:00 PM	15.40 / 273.82 x	57.84 x	92.05 x

Total No. of Applications: 18,698 (Approx)

Neelam Linens and Garments 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%

Neelam Linens and Garments Company Financials All values are in ₹ Lakh

	31-Mar-24	31-Mar-23	31-Mar-22	31-Mar-21
Assets	12,116.76	9,967.97	7,860.13	6,467.92
Revenue	10,474.42	10,541.13	10,379.69	8,017.82
Profit After Tax	246.05	237.88	298.58	41.53

About The Company

The company processes, finishes, and supplies bedsheets, pillowcovers, duvet covers, towels, rugs, dohras, shirts, and garments. The company mainly serve discounted retail outlets.
Incorporated in Sep 2010, Neelam Linens and Garments (India) Ltd is soft home furnishing com

Neelam Linens and Garments - Promoter(s)

Pre Issue Share Holding: 74.18%

Post Issue Share Holding: 54.29%

Company Promoter(s)

Kantilal Jethva
Bhavin Jethwa

Neelam Linens and Garments IPO - Issue Objectives

Funding capital expenditure requirement of our Company towards the purchase of Embroidery Machines for expansion
Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company
General corporate purposes;

Neelam Linens and Garments IPO - FAQs

Ans. Neelam Linens and Garments (India) Ltd IPO is a SME IPO. The issue is priced at ₹20-24 per equity share. The minimum order quantity is 6000 Shares. The IPO opens on Nov 8, 2024, and closes on Nov 12, 2024. Purva Sharegistry India Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Neelam Linens and Garments (India) Ltd IPO opens on Nov 8, 2024 and closes on Nov 12, 2024.

Ans. The size of Neelam Linens and Garments (India) Ltd IPO is 5,418,000 shares(aggregating up to ₹13.00 Cr).

Ans. The IPO price band is set between ₹20-24 per equity share.

Ans. To apply for Neelam Linens and Garments (India) Ltd IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Neelam Linens and Garments (India) Ltd IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Neelam Linens and Garments (India) Ltd IPO is Nov 13, 2024.

Ans. The Neelam Linens and Garments (India) Ltd IPO will be listed on Nov 18, 2024.

Ans. Follow the steps to check the allotment status for Neelam Linens and Garments (India) Ltd IPO here.