Neelam Linens and Garments (India) Ltd
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 08-11-2024 | 12-11-2024 | 10 per share | 0 | 6000 Shares | NSE SME | 5,418,000 shares | 2024-11-13 00:00:00 | 2024-11-14 00:00:00 | 2024-11-14 00:00:00 | 18-11-2024 |
About The Company
Neelam Linens and Garments IPO is a book built issue of Rs 13.00 crores. The issue is entirely a fresh issue of 54.18 lakh shares.
Neelam Linens and Garments IPO opens for subscription on November 8, 2024 and closes on November 12, 2024. The allotment for the Neelam Linens and Garments IPO is expected to be finalized on Wednesday, November 13, 2024. Neelam Linens and Garments IPO will list on NSE SME with tentative listing date fixed as Monday, November 18, 2024.
Neelam Linens and Garments IPO price band is set at ₹20 to ₹24 per share. The minimum lot size for an application is 6000 Shares. The minimum amount of investment required by retail investors is ₹144,000. The minimum lot size investment for HNI is 2 lots (12,000 shares) amounting to ₹288,000.
Expert Global Consultants Private Limited is the book running lead manager of the Neelam Linens and Garments IPO, while Purva Sharegistry India Pvt Ltd is the registrar for the issue. The market maker for Neelam Linens and Garments IPO is Globalworth Securities.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 31-03-2021 | 6468 | 8018 | 42 | 1169.84 | 1149.84 | 5259.22 |
| 31-03-2022 | 7861 | 10380 | 299 | 1468.42 | 1448.42 | 5110.22 |
| 31-03-2023 | 9968 | 10541 | 237 | 2102.3 | 1362.3 | 6534.02 |
| 31-03-2024 | 12117 | 10474 | 246 | 2348.34 | 868.34 | 6964.94 |
| 30-06-2024 | 12050 | 2195 | 80 | 80.46 | 948.8 | 7566.04 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 6000 | 144000 |
| Retail (Max) | 1 | 6000 | 144000 |
| HNI (Min) | 2 | 12000 | 288000 |
IPO Listing Details
| Listing Date | 18-11-2024 |
| BSE Script Code | - |
| NSE Symbol | - |
| ISIN | - |
| Final Issue Price | 0 |
Promoter holdings
Kantilal Jethva and Bhavin Jethwa.
Contact Information of the Company
Neelam Linens and Garments (India) Ltd
446-447, 4th Floor,
Shah & Nahar Industrial Estate Sitaram Jadav Marg
Lower Parel, Delisle Road, Mumbai- 400013
Phone: +91 2224942454
Email: compliance@neelamgarments.com
Website: http://neelamgarments.com/
IPO Registrar
Purva Sharegistry India Pvt Ltd
Phone: +91-022-23018261/ 23016761
Email: support@purvashare.com
Website: https://www.purvashare.com/investor-service/ipo-query
IPO Lead Manager
Expert Global Consultants Private Limited (Past IPO Performance)