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Neelam Linens and Garments (India) Ltd IPO Date, Price, Review and Details

 

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Neelam Linens and Garments (India) Ltd IPO

­­Neelam Linens and Garments (India) Ltd IPO

Neelam Lines and Garments India Limited IPO was engaged in their company was incorporated as the private limited company under the name “Neelam Linens and Garments (India) Private Limited. 1956 under the provisions of the Companies Act and the certificate of incorporation issued by the Registrar of Companies, Mumbai on September 22, 2010. The company was changed to public limited, and their company name was changed “Neelam Textiles and Garments (India) Limited. They operate as a convenience home decor company based in Maharashtra, India, and extend their services to global customers, including. America, Australia, Far East. They specialize in the use, finishing and supply of bed sheets, pillow covers, duvet covers, towels, Mainly Rugs, Doher, Shirts & Garments for retail outlets at discount prices. They get it from excess or an imperfection of a fabric.  

Company Promoters:

  • Kantilal Jethva
  • Bhavin Jethwa 

Objects of this Issue:

  • The money to create their company’s capital expenditure needs to go into purchasing embroidery machines for expansion.
  • Prepayment or payment of all or part of an outstanding loan for which their company has benefited.
  •  General purposes of the corporation    

Financial Information of the Company:

 Particular

Amount in Lakhs (Rs.)

As on 31 March 2024

As on 30 March 2023

As on 31 Mar 2022

Total Assets

12,116.76

9,967.97

7,860.13

Total Liabilities

8,178.32

6,381.73

6,411.71

Net Profit

246.05

237.87

298.57

Neelam Linens and Garments (India) Ltd IPO Schedule

1.     Bid or Offer Opens on: 08 November 2024
2.     Bid or Offer Closes on: 12 November 2024
3.     Finalization of BoA: 13 November 2024
4.     Initiation of Refunds: 14 November 2024
5.     Credit of shares to Demat account: 14 November 2024
6.     Listing Date: 18 November 2024

Neelam Linens and Garments (India) Ltd IPO Lot Size

The market lot size of Neelam Linens and Garments (India) Ltd IPO is 1200 shares. The minimum and maximum order quantity is as follows:

Application

Lots

Shares

Amount

Minimum

1

  6000

₹144,000

Maximum

1

  6000

₹144,000

S-HNI(Minimum)

2

  12,000

₹288,000

Company Contact Details:

446-447, 4th Floor, Shah & Nahar Industrial Estate Sitaram Jadav Marg,

Lower Parel, Delisle Road, Mumbai- 400013,

Maharashtra, India,

Phone: +91 22 2494 2454

Email: compliance@neelamgarments.com

Website: www.neelamgarments.com


Neelam Linens and Garments (India) Ltd IPO Registrar Details:

PURVA SHAREGISTRY (INDIA) PRIVATE LIMITED

Unit No. 9, Ground Floor, Shiv Shakti Industrial Estate, J. R. Boricha Marg,

Lower Parel (E) Mumbai – 400011, Maharashtra, India

Telephone: Deepali Dhuri

Email: support@purvashare.com

Website: www.purvashare.com

Frequently Asked Question

Lot size of the neelam linens and garments (india) limited is 6000 shares.
The meaning of " Neelam Linens and Garments (India) Ltd IPO " is the Grey Market Premium (GMP) for the initial public offering (IPO) of Neelam Linens and Garments (India) Ltd IPO on the current day.
neelam linens and garments (india) private limited share price Shares will be listed at NSE SME.
Pre-issue shareholding of the Neelam Linens and Garments (India) Ltd IPO promoter is 74.18%.
Post-issue shareholding of the Neelam Linens and Garments (India) Ltd IPO promoter is 54.29%.
Opening date of Neelam Linens and Garments (India) Ltd IPO is November 08, 2024.
If you do not get the allotment of on neelam linens and garments india ltd ipo, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
The face value of Neelam Linens and Garments (India) Ltd IPO is ₹10 per share.
Neelam Linens and Garments (India) Ltd IPO allotment Products share price ₹20 to ₹24 per share.
Neelam Linens and Garments (India) Ltd IPO shares will get listed on November 18, 2024.
The IPO application is an online process using UPI or ASBA as the payment method. ASBA IPO application is already available in pure banking of your own bank account and UPI application is provided by your Stockbroker, you can invest in Neelam Linens and Garments (India) Ltd IPO using any convenient method at your convenience.
You will receive on Neelam Linens and Garments (India) Ltd IPO shares in your Demat account on November 13, 2024, if allotted.
The IPO application is an online process using UPI or ASBA as the payment method. ASBA IPO application is already available in pure banking of your own bank account and UPI application is provided by your Stockbroker, you can invest in Neelam Linens and Garments (India) Ltd IPO using any convenient method at your convenience.
Closing date of Neelam Linens and Garments (India) Ltd IPO is November 12, 2024.
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