Listed Price₹40.05
Listing Gain+66.87%
Price Band₹20 - ₹24
Lot Size6,000 shares
Min Bid₹1,44,000
Subscription92.05x
Listed Market Snapshot
₹40.05Listed price from market data
+66.87%listing gain
Issue Amount
₹13 Cr
Listed Price
₹40.05
Current Price
₹10.9
Registrar
Purva Sharegistry India Private Limited
Timeline•Bookbuilding IPO
Open08 Nov 2024
Close12 Nov 2024
Allotment13 Nov 2024
Listing18 Nov 2024
Quota Reservation Portions
RetailPortion: 18,00,000 shares
33.22%Nii (hni) Portion: 7,74,000 shares
14.29%AnchorPortion: 15,36,000 shares
28.35%QIBPortion: 10,32,000 shares
19.05%Market MakerPortion: 2,75,999 shares
5.09%Minimum Application Bracket Matrix
Retail1 lots / 6,000 shares
₹1,44,000HNI2 lots / 12,000 shares
₹2,88,000About the Company
Neelam Linens and Garments (India) Limited, incorporated in September 2010, specializes in soft home furnishings and garment products, offering bedsheets, pillow covers, duvet covers, towels, and more. The company caters to both domestic and international markets, supplying to retailers like Vijay Sales, Amazon, Meesho, TJX, Big Lots, and LinCraft Australia. Operating two manufacturing units in Bhiwandi, Maharashtra, it produces around 4,000 sets per day with a maximum capacity of 6,000 sets. As of May 15, 2024, the company employs 58 people through a mix of payroll staff and daily wage workers.
Company Promoters
Kantilal JethvaBhavin Jethwa
Lead Managers
Registrar
Purva Sharegistry India Private Limited