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Neelam Linens and Garments (India) Ltd.

Textile

IPO Details
  • Issue Type Book building
  • Price range Rs.20-24
  • Market Lot 6000
  • Total Equity Shares 3882000
  • Face Value Rs. 10
  • Listing Date Nov 18, 2024
IPO Timeline
Opening date Nov 08, 2024
Closing date Nov 12, 2024
Listing Date Nov 18, 2024

IPO Details

We operate as a soft home furnishing company based out of Maharashtra, India, extending our services to a global clientele, includingUSA, Australia and Far East. We specialize in the processing, finishing and supplying of bedsheets, Pillow cover, Duvet Cover, Towels,Rugs, Doher, Shirts & Garments predominantly for discounted retail outlets. We source surplus or slightly imperfect fabric from thedomestic market, applying value-added services such as designing, digital printing, dyeing, stitching, embroidery, and otherenhancements. Subsequently, we distribute these refined products to discounted retail outlets in diverse countries.

Projects

1. Project Name: Funding capital expenditure requirement of our Company towards purchase of Embroidery Machines for

Project Cost: 55.741

2. Project Name: Prepayment or repayment of all or a portion of certain outstanding borrowings availed by our Company

Project Cost: 40

Promoters

Prmoters Name

1. Kantilal Jethva

2. Bhavin Jethwa

Prmoters Holdings
  • Pre Share Capital: 10978000
  • Pre Promoter Holding: 74.18
  • Offer to Public: 3882000
  • Post Share Capital: 10978000
  • Post Promoter Holding: 54.29

Registrar

Registrar Name:Purva Shareregistry (India) Pvt Ltd
Phone:
Email:
Website:

Lead Managers

  • Expert Global Consultants Pvt Ltd.

Subscription Details

Field Description Field Value
Ipo Code 2957
Total Equity 3882000

Field Description Field Value
No of Shares Offered/Reserved For Qualified Institutional Buyers 0
No of Shares Bid For Qualified Institutional Buyers 15894000
Total No of Shares Bid For Qualified Institutional Buyers 0.00
No of Shares Offered/Reserved For Foreign Institutional Buyers 0
No of Shares Bid For Foreign Institutional Buyers 7854000
Total No of Shares Bid For Foreign Institutional Buyers 0.00
No of Shares Offered/Reserved For Mutual Fund 0
No of Shares Bid For Mutual Fund 0
Total No of Shares Bid For Mutual Fund 0.00
No of Shares Offered/Reserved For Qualified Institutional Buyers - Others 0
No of Shares Bid For Qualified Institutional Buyers - Others 8040000
Total No of Shares Bid For Qualified Institutional Buyers - Others 0.00

Field Description Field Value
No of Shares Offered/Reserved For Non-Institutional Buyers 0
No of Shares Bid For Non-Institutional Buyers 211938000
Total No of Shares Bid For Non-Institutional Buyers 0.00
No of Shares Offered/Reserved For Corporate 0
No of Shares Bid For Corporate 5538000
Total No of Shares Bid For Corporate 0.00
No of Shares Offered/Reserved For Individuals 0
No of Shares Bid For Individuals 204108000
Total No of Shares Bid For Individuals 0.00
No of Shares Offered/Reserved For Individuals - Others 0
No of Shares Bid For Individual Others 2292000
Total No of Shares Bid For Individual Others 0.00

Field Description Field Value
No of Shares Offered/Reserved For Retail Individual Investor 0
No of Shares Bid For Retail Individual Investor 104106000
Total No of Shares Bid For Retail Individual Investor 0.00
No of Shares Offered/Reserved For Retail Individual Investor - Cutoff 0
No of Shares Bid For Retail Individual Investor - Cutoff 74934000
Total No of Shares Bid For Retail Individual Investor - Cutoff 0.00
No of Shares Offered/Reserved For Retail Individual Investor 0
No of Shares Bid For Retail Individual Investor 29172000
Total No of Shares Bid For Retail Individual Investor 0.00

Field Description Field Value
No of Shares Offered/Reserved For Employee 0
No of Shares Bid For Employee 0
Total No of Shares Bid For Employee 0.00
No of Shares Offered/Reserved Employee - Cutoff 0
No of Shares Bid For Employee - Cutoff 0
Total No of Shares Bid For Employee - Cutoff 0.00
Total No of Shares Bid Offered/Reserved For Employee 0
No of Shares Bid Offered/Reserved For Employee 0
Total No of Shares Bid For Employee 0.00

Field Description Field Value
No of Shares Offered/Reserved For All 0
No of Shares Bid For All 331938000
Total 0.00