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Neelam Linens And Garments (India) Limited

  • Minimum Investment
    ₹1,20,000
  • Price Range
    ₹20 - ₹24
  • Issue Size
    ₹13.00 Cr
  • Lot Size
    6000 shares

This stock belongs to the SME (Small & Medium Enterprises) segment which usually has low liquidity and hence, is also riskier. It will be traded in a lot size of 2000 shares after listing.

Proceeds of this IPO to be used for

Funding capital expenditure requirement of the company towards the purchase of embroidery machines for expansion

Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company

General corporate purposes

Download RHP DocumentGet more in-depth details about this IPO.

Strengths & Weaknesses of Neelam Linens And Garments (India) Limited

Higher quality thread count fabric at lower price

Fine lines begin with higher thread counts, which depend on the quality of cotton and the length of individual fibers. In Western countries, high thread count bedding is a status symbol, as higher counts indicate better fabric. By sourcing surplus or slightly imperfect fabric in bulk, the company benefits from advantageous pricing, enabling reduced material costs

Integrated capabilities

To meet the growing demand from existing and new customers, the company plans to invest in embroidery machines to enhance efficiency and quality. They are committed to providing high-quality products and ensuring quality assurance

Dependent on single product sales

The company primarily focuses on bedsheets, making it vulnerable to fluctuations in demand. Changes in consumer preferences can significantly affect its operations and financial performance

Dependent on a few customers

The company relies on a few customers for a significant portion of its revenue. Lack of long-term arrangements with these customers may negatively impact its business and operations

Dependent on Indian market

A significant portion of sales comes from the domestic market, so any adverse developments in this market could negatively impact the business

Financials

Earnings Per Share

Earnings Per Share (EPS) is calculated by dividing a company’s net income by its average number of outstanding shares.

Balance Sheet

A financial statement that provides details about a company’s assets, liabilities, and shareholders’ equity at a given point in time.
Particulars (In Cr)Y/Y Change
Total Current Assets--
Total Non-Current Assets--
Fixed assets--
Total assets--
Total Current Liabilities--
Total Non-Current Liabilities--
Total Capital Plus Liabilities--
Total Shareholder Funds--
Total Debt to Equity--

Cash Flow

The net amount of cash or cash equivalents being transferred in and out of a company for a specified period of time. Cashflow stems from operating, investing and financing activities.
Particulars (In Cr)Y/Y Change
Cash from Operating Activity--
Cash from Financing Activities--
Cash from Investing Activities--
Net Cash Flow--

About Neelam Linens And Garments (India) Limited

Neelam Linens and Garments (India) Ltd. was incorporated on September 22, 2010. The company operates as a soft home furnishing provider based in Maharashtra, India, serving a global clientele, including the USA, Australia, and the Far East. They specialize in processing and supplying bedsheets, pillow covers, and other textiles, sourcing surplus fabric and enhancing it through various services before distributing it to discounted retail outlets worldwide
  • Promoter
    Kantilal Jethva
  • Promoter
    Bhavin Jethwa

Neelam Linens And Garments (India) Limited IPO FAQs

What is Neelam Linens And Garments (India) Limited IPO?

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Neelam Linens And Garments (India) Limited IPO refers to the initial public offering of shares by Neelam Linens And Garments (India) Limited. It is a process by which the company offers its shares to the public for the first time, allowing individuals to become shareholders.

What is the issue size of Neelam Linens And Garments (India) Limited IPO?

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For Neelam Linens And Garments (India) Limited IPO the issue size is ₹13 Cr. The issue size is the total value of the shares offered to the public. It represents the amount the company aims to raise through the IPO.

What is the minimum investment amount for the Neelam Linens And Garments (India) Limited IPO?

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For Neelam Linens And Garments (India) Limited IPO the minimum investment is ₹1,20,000. The minimum investment for Neelam Linens And Garments (India) Limited IPO is the smallest amount an individual can invest to participate in the offering. It is usually determined by the company and regulatory requirements.

What is the lot size of Neelam Linens And Garments (India) Limited IPO?

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For Neelam Linens And Garments (India) Limited IPO the lot size is 6000 shares. The lot size of Neelam Linens And Garments (India) Limited IPO refers to the number of shares that investors need to bid for and purchase in a single transaction. It is predetermined by the company and regulators.

How to apply for Neelam Linens And Garments (India) Limited IPO on Share.Market?

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To apply for Neelam Linens And Garments (India) Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Neelam Linens And Garments (India) Limited IPO from the list and click on apply now. Place your bids or choose the Cut-off Price option. Enter your UPI ID and set up your mandate to place your application.

Can I pre-apply for Neelam Linens And Garments (India) Limited IPO?

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Yes, investors can often pre-apply for some of the IPOs. Pre-application allows individuals to express their interest in participating in the IPO before the official subscription period begins. To pre- apply for Neelam Linens And Garments (India) Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the IPO from the list and click on pre-apply now. Once the IPO opens for subscription you can enter your UPI ID and set up your mandate to place your application.

How many days is the IPO application window open?

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The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.

Till what time can I apply for an IPO on the last day on Share.Market?

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You can apply for the IPO till 3 PM on the last day of application on Share.Market.

What is the allotment date of Neelam Linens And Garments (India) Limited IPO?

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For Neelam Linens And Garments (India) Limited IPO the allotment date is November 13, 2024. The allotment date of Neelam Linens And Garments (India) Limited IPO is the date on which shares are allocated to the successful bidders. It marks the distribution of shares to investors.

What are the open and close dates of Neelam Linens And Garments (India) Limited IPO?

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For Neelam Linens And Garments (India) Limited IPO, the subscription opens on November 8, 2024 and closes on November 12, 2024. The open and close dates of an IPO indicate the period during which investors can submit their bids to participate in the offering.
Bidding Ongoing
-
Total Subscription
91.83x Oversubscribed
Trade
Bidding Ongoing
-
Total Subscription
91.83x Oversubscribed
Trade