Neelam Linens and Garments (India) Ltd IPO
NSE SMEListed On: Nov 18, 2024 at ₹ 40.05
₹ 144000 /6000 Shares
Check Allotment08 Nov, 2024
Open Date12 Nov, 2024
Close Date13 Nov, 2024
Allotment Date18 Nov, 2024
Listing DateIssue Price
₹20-24 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Purva Sharegistry India Pvt LtdList Price
40.05Listing Date
2024-11-18Market Lot
6000 Shares (₹144,000/-)Lead Manager
Expert Global Consultants Private LimitedIssue Size
5,418,000 shares(aggregating up to ₹13.00 Cr)Retail Portion
35%Subscription
92.05 timesNeelam 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 |
Neelam Linens and Garments Valuations
EPS Pre IPO
₹1.66/-EPS Post IPO
₹1.59/-P/E Pre IPO
14.44P/E Post IPO
15.08RoNW
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%
- 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.