35  Total SME IPOs listed in 2025

1636.98 Crs.  Total funds raised in 2025

27  SME IPOs listed with Gain in 2025

8  SME IPOs listed with loss in 2025

35  Total SME IPOs listed in 2025

1636.98 Crs.  Total funds raised in 2025

27  SME IPOs listed with Gain in 2025

8  SME IPOs listed with loss in 2025

35  Total SME IPOs listed in 2025

1636.98 Crs.  Total funds raised in 2025

27  SME IPOs listed with Gain in 2025

8  SME IPOs listed with loss in 2025

35  Total SME IPOs listed in 2025

1636.98 Crs.  Total funds raised in 2025

27  SME IPOs listed with Gain in 2025

8  SME IPOs listed with loss in 2025

Neelam Linens and Garments (India) Limited IPO (Neelam Linens and Garments (India) IPO) Details

Neelam Linens and Garments (India) Limited is an Textiles based company, located in Mumbai, Neelam Linens and Garments (India) Limited IPO size was 13.00 Cr. and was issued at 24.00 per share. The share of Neelam Linens and Garments (India) Limited were listed at 38.05 per share and are currently trading at 32.05 per share.

Type :
Sub Sector : Manufacturer And Exporter Of High-end Soft Home Fashion
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
87.80 Cr.

PAT :
3.20 Cr.

Pricing Report

Issue Price :
24.00

Listing Price :
38.05

Current Market Price :
32.05

Issue Price vs CMP :
8.05 (33.54%)

listing Price vs CMP :
6 (15.77%)

Performance Report (CAGR* wise)

CAGR : 203.83
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Neelam Linens and Garments (India)

Company Information
Neelam Linens and Garments (India) Limited was incorporated as private limited company under the name “Neelam Linens and Garments (India) Private Limited”, under the provisions of the Companies Act, 1956 and Certificate of Incorporation was issued by the Registrar of Companies, Mumbai on September 22, 2010. The status of the Company was changed to public limited, and the name of their Company was changed to“Neelam Linens and Garments (India) Limited” vide Special Resolution dated August 12, 2022. The fresh certificate of Incorporation
consequent to conversion was issued on September 01, 2022, by the Registrar of Companies, Mumbai. The Corporate Identity Number of the Company is U17299MH2010PLC208010.
The business are divided into two parts as under :-
1. Processing and trading of products
2. Sale of licenses
They operate as a
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Object of Issue
  • Funding capital expenditure requirement of their 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

Neelam Linens and Garments (India) SME IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Nov, 2024
IPO Size :
13.00 Cr.
Market Cap :
48.52 Cr.   
IPO Subscription :
91.97 X     
PE Multiple :
15.08
IPO Registrar:
Purva Sharegistry India Private Limited
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FAQs

Neelam Linens and Garments (India) operates in Textiles and Manufacturer And Exporter Of High-end Soft Home Fashion. The Issue is listed on NSE EMERGE in Nov, 2024. Neelam Linens and Garments (India) IPO size was 13.00 Cr. with Issue price of 24.00 .

Neelam Linens and Garments (India) IPO subscription was 91.97 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Neelam Linens and Garments (India) IPO listed at a listing price of 38.05 against the offer price of 24.00.

The current market price of Neelam Linens and Garments (India) is 32.05.

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