The Neelam Linens and Garments Holdings IPO minimum market lot is 6,000 shares with ₹144,000 application amount. The Neelam Linens and Garments Holdings IPO is a SME IPO, and it is to be listed on NSE.
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.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Neelam Linens and Garments Holdings IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00 | 1.01 | 15.40 |
| NII | 0.94 | 4.56 | 273.47 |
| RII | 4.93 | 15.11 | 57.82 |
| Total | 2.66 | 8.81 | 91.97 |
Neelam Linens and Garments Holdings IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Neelam Linens and Garments Holdings IPO Review and Rating
- Avoid
Neelam Linens and Garments Holdings IPO Form
How to apply for the Neelam Linens and Garments Holdings IPO? You can apply for Neelam Linens and Garments Holdings IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Neelam Linens and Garments Holdings IPO in the Invest section. The other option is you can apply for Neelam Linens and Garments Holdings IPO via IPO forms downloaded online. Check out the Neelam Linens and Garments Holdings forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
