Neelam Linens and Garments IPO Subscription Status – IPO Closed

Neelam Linens and Garments Holdings IPO subscription status started on Friday November 8, 2024 and will close on November 12, 2024. Neelam Linens and Garments Holdings IPO to raise around ₹13 crores via IPO. The retail quota is 35%, QIB is 50% and NII is 15%. The price band is fixed at ₹20 to ₹24 per equity share.

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

CategoryDay 1Day 2Day 3
QIB0.001.0115.40
NII0.944.56273.47
RII4.9315.1157.82
Total2.668.8191.97


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.

Neelam Linens and Garments Holdings IPO Subscription Status FAQs:


When Neelam Linens and Garments Holdings IPO Subscription will start?

The IPO subscription starts on November 8, 2024 for QIB, NII, and Retail Investors.

How to subscribe Neelam Linens and Garments Holdings IPO?

You can go with ASBA and Non-ASBA options for a subscription. Go to your bank account and apply for IPO online via ASBA or download the form online or get the physical form and submit the filled form to your broker or bank.

How do I check live Neelam Linens and Garments Holdings IPO Subscription Numbers Today?

One can visit our portal for live IPO subscription numbers that we are updating hourly basis from the official websites. One can check the live subscription on official websites on the particular IPO page.

How to Apply the Neelam Linens and Garments Holdings IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Neelam Linens and Garments Holdings “. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Neelam Linens and Garments Holdings IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Neelam Linens and Garments Holdings “. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Neelam Linens and Garments Holdings IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Neelam Linens and Garments Holdings ” Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

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