Neelam Linens and Garments IPO is to open on November 8. Neelam Linens and Garments is a Mainline IPO to raise ₹13 crores via IPO. The Neelam Linens and Garments IPO price band is fixed at ₹20 to ₹24 with a market lot of 6000 Shares.
Established on September 22, 2010, Neelam Linens and Garments Ltd is a manufacturer and exporter of High-end home soft furnishing company based out of Maharashtra, India. Neelam Linens and Garments India Limited is proud to be the first Indian company to introduce high-thread-count bedding. They serve customers all over India and globally including Australia, the USA, and the Far East. Bedsheets, pillowcases, duvet covers, towels, rugs, doilies, shirts, and garments are their specialty, and they mostly supply these items to bargain stores for processing and finishing. Amazon, Meesho, Amerson’s shop, and Vijay Sales are some of their domestic customers. The sale of import licenses is another source of income for their business. Importing items that are not freely importable requires a government authorization known as an import license. Furthermore, total revenue from item sales for the period ending December 31, 2023, and the fiscal years ending March 31, 2022, and 2021 was ₹5,922.12 lakhs, ₹10,356.30 lakhs, ₹10,152.67 lakhs, and ₹7,819.71 lakhs, respectively.
Neelam Linens and Garments IPO GMP Live Rates day by day with Kostak rates.
| Date | IPO GMP | GMP Trend | Kostak | Subject to |
| 18 November | ₹14 |  | ₹- | ₹50,000 |
| 15 November | ₹14 | | ₹- | ₹50,000 |
| 14 November | ₹10 | | ₹- | ₹40,000 |
| 13 November | ₹10 | | ₹- | ₹40,000 |
| 12 November | ₹- | – | ₹- | ₹- |
| 11 November | ₹- | – | ₹- | ₹- |
| 9 November | ₹- | – | ₹- | ₹- |
| 8 November | ₹- | – | ₹- | ₹- |
| 7 November | ₹- | – | ₹- | ₹- |
| 6 November | ₹- | – | ₹- | ₹- |
| 5 November | ₹- | – | ₹- | ₹- |
| 4 November | ₹- | – | ₹- | ₹- |
| 3 November | ₹- | – | ₹- | ₹- |
| 2 November | ₹- | – | ₹- | ₹- |
| 31 October | ₹- | – | ₹- | ₹- |
Neelam Linens and Garments IPO Details
| IPO Open Date: | November 8, 2024 |
| IPO Close Date: | November 12, 2024 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹20 to ₹24 Per Share |
| Issue Size: | Approx ₹13 Crores, 5,418,000 Equity Shares |
| Fresh Issue: | Approx ₹13 Crores, 5,418,000 Equity Shares |
| Issue Type: | Book Built Issue |
| IPO Listing: | NSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Neelam Linens and Garments IPO Dates
| IPO Open Date: | November 8, 2024 |
| IPO Close Date: | November 12, 2024 |
| Basis of Allotment: | November 13, 2024 |
| Refunds: | November 14, 2024 |
| Credit to Demat Account: | November 14, 2024 |
| IPO Listing Date: | November 18, 2024 |
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Disclaimer:
- IPO Grey Market Premium (Neelam Linens and Garments IPO GMP) mention is valid for the specific date as mentioned in the header.
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