NSE - SMEListed
Neelam Linens and Garments (India) Limited
Company websiteSubscription runs from 08-11-2024 to 12-11-2024, with allotment expected on 13-11-2024.
Neelam Linens and Garments (India) Limited is seeking ₹54,18,000 crore — a fresh issue of ₹54,18,000 crore plus OFS of ₹0 crore. Expect market interest to determine final listing performance.
Start Date08-11-2024
End Date12-11-2024
Listing Date18-11-2024
Allotment Date13-11-2024
Current Price₹40.05
GMP₹14 (58.33%)
Lot Size6000 Shares
Subscription92.05 Times
Face Value₹10 per share
Listing atNSE
Issue Price₹20 - ₹24
Pre Issue₹1,48,00,000
Post Issue₹2,02,18,000
Issue Size₹54,18,000
(aggregating up to 13.00 Cr)
(aggregating up to 13.00 Cr)
Fresh Issue₹54,18,000
(aggregating up to 13.00 Cr)
(aggregating up to 13.00 Cr)
Offer For Sale-
The Grey Market Premium (GMP) for Neelam Linens and Garments (India) Limited is currently around ₹14 (58.33%). This indicates an estimated listing price of approximately ₹34 based on the latest market sentiment. Please note that GMP values are unofficial and can change frequently as they depend on demand, market conditions, and investor activity.
Gmp Details
| Last Updated | IPO Price | GMP | Estimated Listing Price |
|---|---|---|---|
18 Nov 2025, 10:30 | ₹24 | ₹14 | ₹38 (58.33%) |
03 Nov 2025, 08:52 | ₹24 | ₹14 | ₹38 (58.33%) |
01 Nov 2025, 10:15 | ₹24 | ₹14 | ₹38 (58.33%) |
16 Sep 2025, 03:17 | ₹24 | ₹14 | ₹38 (58.33%) |
Financials overview in Lakhs
Here is a quick look at the recent financial performance of Neelam Linens and Garments (India) Limited . The numbers below ( in Lakhs ) show how the company’s revenue and profits have changed over the last few years. This helps investors understand how strongly the business is growing and how stable its financial health is before applying for the IPO.
Key Performance
| KPI | Jun-24 | Mar-24 | Mar-23 |
|---|---|---|---|
EPS | 0.54 | 1.66 | 1.65 |
ROE | 2.99 | 10.48 | 13.32 |
ROCE | 3.84 | 13.69 | 13.64 |
RONW | 3.31 | 10.48 | 11.32 |
PRE IPO(PE) | 14.44 | 0 | 0 |
POST IPO(PE) | 15.08 | 0 | 0 |
Subscription Demand (in ₹ Crore)
| Category | Offered | Demand | Times |
|---|---|---|---|
QIBs | ₹2.48 | 38.15 | 15.38 |
RETAIL | ₹4.32 | 249.85 | 57.84 |
Total | ₹6.80 | 288.00 | 42.35 |
Application Wise Breakup (Approx. no of Apps)
| Category | Reserved | Applied | Times |
|---|---|---|---|
NIB | NaN | 1,344 | 0.00 |
RETAIL | NaN | 17,351 | 0.00 |
Total | 0 | 0 | 0.00 |
The IPO reservation for Neelam Linens and Garments (India) Limited shows how the total issue is divided among different investor categories. This includes allocations for Retail Investors, Qualified Institutional Buyers (QIBs), and Non-Institutional Investors (NIIs). Understanding the reservation structure helps investors know how much of the issue is set aside for their category before applying.
IPO Reservation
| Category | Shares Offers | No. of Shares |
|---|---|---|
RETAIL | 33.22% | 18,00,000 |
NII (HNI) | 14.29% | 7,74,000 |
Anchor | 28.35% | 15,36,000 |
QIB | 19.05% | 10,32,000 |
Market Maker | 5.09% | 2,75,999 |
TOTAL | 100.00% | 54,17,999 |
Lot(s) Distribution
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
Retail (Min) | 1 | 6,000 | ₹1,44,000 | |
HNI | 2 | 12,000 | ₹2,88,000 |
Below you can find the official contact details of Neelam Linens and Garments (India) Limited along with the registrar handling the IPO process. This information helps investors reach out for queries related to the company or for checking the allotment status and application updates once the IPO process begins.
Company Details
Phone: +91 2224942454
Website: http://neelamgarments.com/
Address: 446-447, 4th Floor, Shah & Nahar Industrial Estate Sitaram Jadav Marg, Lower Parel, Delisle Road, Mumbai- 400013