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Home All IPOs Neelam Linens & Garments (India) Ltd. IPO
Neelam Linens & Garments (India) Ltd. IPO
NSE SME Bookbuilding IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹24
Issue Price
₹24
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹24
GMP based
Lot Size
6,000
shares / lot
Min Amount
₹144,000
1 lot · 6,000 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
08 Nov 2024
Fri Completed
Done
Close Date
12 Nov 2024
Tue Completed
Done
Allotment
13 Nov 2024
Wed Completed
Done
Refund
14 Nov 2024
Thu Completed
Done
Demat Credit
14 Nov 2024
Thu Completed
Done
Listing Date
18 Nov 2024
Mon Completed
UPI Deadline: 12 Nov 2024
Issue Details
Pricing & Size
Issue Price
₹24 Face ₹10
Lot Size
6,000 shares
Min Investment
₹144,000
Total Issue Size
54,18,000 shares (aggregating up to ₹13.00 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital
Listing Exchange
NSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
2,76,000 (5.09%)
QIB Portion
25,68,000 (47.40%)
NII / HNI
7,74,000 (14.29%)
Retail
18,00,000 (33.22%)
Employee
-
Net Offer to Public
51,42,000 shares (aggregating up to ₹12.34 Cr)
Shareholding Pattern
Pre-Issue Shareholding
1,48,00,000 shares
Post-Issue Shareholding
2,02,18,000 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 6,000 ₹1,44,000
HNI / NII 2 12,000 ₹2,88,000
Objects of Issue
3 objectives
1
Funding capital expenditure requirement of our Company towards the purchase of Embroidery Machines for expansion;
2
Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company
3
General corporate purposes;
Lead Managers & Market Maker
Book Running Lead Managers
Expert Global Consultants Pvt.Ltd.
Market Maker
Globalworth Securities Ltd
IPO Timeline
Open
08 Nov
✓ Done
Close
12 Nov
✓ Done
Allotment
13 Nov
✓ Done
Listing
18 Nov
✓ Done
Registrar Details
Purva Sharegistry (India) Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-022-23018261/ 23016761
Email
support@purvashare.com
Company Contact
Email
compliance@neelamgarments.com
Phone
+91 2224942454
Address
446-447, 4th Floor, Shah & Nahar Industrial Estate Sitaram Jadav Marg Lower Parel, Delisle Road Mumbai, Maharashtra, 400013
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹24
Est. Listing
₹24
Lot Size
6,000 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Neelam Linens & Garments (India) Ltd. LIVE
INR ·
vs Issue
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High
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Mkt Cap
P/E
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| Price
Market Reference
IPO Issue Price
₹24
GMP
+₹0 (+0%)
GMP Est. Listing
₹24
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 25,68,000 (47.40%) ₹616.32 Cr
NII / HNI (Total) 7,74,000 (14.29%) ₹185.76 Cr
Retail Investors 18,00,000 (33.22%) ₹432.00 Cr
Total ** 54,18,000 (100.00%) ₹13,003.20 Cr
Market Maker * 2,76,000 (5.09%) ₹6.62 Cr
* Based on ₹24.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
25,68,000 (47.40%)
NII
7,74,000 (14.29%)
Retail
18,00,000 (33.22%)
Market Maker
2,76,000 (5.09%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Lakhs
Metric30 Jun 202431 Mar 202431 Mar 2023
Revenue2195.3910474.4210541.13
PAT80.46246.05237.88
EBITDA
Net Worth2428.802348.342102.30
Total Assets12050.2312116.769967.97
Reserves948.80868.341362.30
Borrowings7566.046964.946534.02
Key Financial Ratios
2.99%
ROE
Return on Equity
3.84%
ROCE
Return on Capital Employed
3.31%
RONW
Return on Net Worth
3.69%
PAT Margin
PAT / Revenue
3.12
D/E Ratio
Debt to Equity
1.46
P/BV
Price to Book Value
1.66
Pre EPS
EPS Pre-Issue
1.59
Post EPS
EPS Post-Issue
14.44
Pre P/E
P/E Pre-Issue
15.08
Post P/E
P/E Post-Issue
About Neelam Linens & Garments (India) Ltd.

Incorporated in 2010, Neelam Linens and Garments (India) Limited is a manufacturer and exporter of high-end soft home fashion around the world. The company offers a wide range of products, including bedsheets, pillow covers, duvet covers, towels, rugs, shirts, and other garments, mainly catering to discount retail outlets.

Neelam Linens and Garments India Limited is engaged in supplying high-thread-count bedding and towel products to discount retail stores and distributors in the USA and Australia.

The Company also engages in trading licenses in the license market. In this process, the Company buys licenses from exporters and then sells them to importers, earning a margin on the price difference.

The company's international clients include Tuesday Morning, TJX, Pem America, Occean State Job Lot, LinCraft Australia, Big Lots, 99 Cents, and U. S. Polo Assign. The company's domestic client includes Vijay Sales, Amazon, Meesho, and Amersons store.

The company operates two manufacturing units located in Mumbai, Maharashtra. As of June 30, 2024, the company had an employee base of 56 employees, out of that fixed employees are 8 and 48 are called on a contract basis.

Competitve Strengths:

  • Purchase of higher quality thread count fabric at a lower price.
  • Experienced promoters and dedicated employee base.
Frequently Asked Questions
What is the issue price of Neelam Linens & Garments (India) Ltd. IPO?
The issue price of Neelam Linens & Garments (India) Ltd. IPO is ₹24 per share, face value ₹10.
What is the lot size?
Minimum lot size is 6,000 shares, requiring ₹144,000.
What are the IPO dates?
Opens 08 Nov 2024, closes 12 Nov 2024.
When is the listing date?
Tentative listing: 18 Nov 2024 on NSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹24 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Neelam Linens & Garments (India) Ltd. IPO · Expected 13 Nov 2024

Check on Registrar
Post-IPO Timeline
Allotment Date
13 Nov 2024
Refund Initiation
14 Nov 2024
Demat Credit
14 Nov 2024
Listing Date
18 Nov 2024
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹24
Face ₹10
Lot Size
6,000
shares / lot
Min Amount
₹144,000
1 lot
Est. Listing
₹24
GMP +₹0
Key Dates
Open
08 Nov Done
Close
12 Nov Done
Listing
18 Nov Done
Registrar
Purva Sharegistry (India) Pvt.Ltd.
A
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