IPO Trending
NEELAMSME / NSEListed
Neelam Linens and Garments (India)

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.

DRHPANCHOR
₹20 - ₹2492.05x sub
Listed Price₹40.05
Listing Gain+66.87%

IPO Schedule & Timeline

Bookbuilding IPO
Open08 Nov 2024
Close12 Nov 2024
Allotment13 Nov 2024
Listing18 Nov 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail18,00,000 shares
33.22%
Nii (hni) 7,74,000 shares
14.29%
Anchor15,36,000 shares
28.35%
QIB10,32,000 shares
19.05%
Market Maker2,75,999 shares
5.09%

Minimum Application Lots

Retail1 Lot (6,000 shares)
₹1,44,000
HNI2 Lots (12,000 shares)
₹2,88,000

Company Promoters

Kantilal JethvaBhavin Jethwa

Company Background

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....

Lead Managers & Bankers

Expert Global Consultants Private Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Jun-24 )₹2195.3 Cr
Growth-78.8%
Revenue Trend (₹ in Crores)
0.04.0k8.1k12.1k31-Mar-2231-Mar-23 Mar-24 Jun-24
PeriodRev (Cr)PAT (Cr)AssetsDebt
Jun-24 2,195.380.412,050.27,566.0
Mar-24 10,474.4246.012,116.7 6,964.9
31-Mar-23 10,541.1237.89,967.96,534.0
31-Mar-2210,379.6298.57,860.15,110.2

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Jun-24 0.542.99%3.84%14.4415.08
Mar-24 1.6610.48%13.69%00
Mar-231.6513.32%13.64%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Purva Sharegistry India Private Limited

Allotment Finalized
Allotment Date
13 Nov 2024
Official Status
Out / Finalized
Registrar
Purva Sharegistry India Private Limited
Listing Date
18 Nov 2024

Official Allotment Verification Links

Official Registrar Portal
Purva Sharegistry India Private Limited

Direct allotment verification on the official registrar portal appointed for Neelam Linens and Garments (India). Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization13 Nov 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date18 Nov 2024Trading commences on exchange

How to Check Neelam Linens and Garments (India) Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Neelam Linens and Garments (India) from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP
Official FilingANCHOR

Allotment FAQs & Help

About Neelam Linens and Garments (India) IPO

Complete issue overview for Neelam Linens and Garments (India) (NEELAM) IPO. The issue features an equity share price band of ₹20 – ₹24 per share with a minimum retail lot size of 6000 Shares (minimum application amount of ₹1,44,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions