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Open
8 Nov 2024
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Close
12 Nov 2024
3
Allotment
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Listing
Mon, Nov 18, 2024
Price Band
₹20 to ₹24
Issue Size
54,18,000 shares (agg. up to ₹13 Cr)
Lot Size
6,000 Shares
Listing Date
Mon, Nov 18, 2024
Latest GMP
₹14
Est. Gain
58.33%
✦ AI Insight
GMP Trend
18-11-2024₹14Est. ₹38+58.33%
17-11-2024₹14Est. ₹38+58.33%
16-11-2024₹14Est. ₹38+58.33%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 63.46x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|---|
| Assets | 120.50 | 121.17 | 99.68 | 78.60 | 64.68 |
| Total Income | 21.95 | 104.74 | 105.41 | 103.80 | 80.18 |
| Profit After Tax | 0.80 | 2.46 | 2.38 | 2.99 | 0.42 |
| NET Worth | 24.29 | 23.48 | 21.02 | 14.68 | 11.70 |
| Reserves and Surplus | 9.49 | 8.68 | 13.62 | 14.48 | 11.50 |
| Total Borrowing | 75.66 | 69.65 | 65.34 | 51.10 | 52.59 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Paramount Dye Tec Ltd. | SME | ₹28.43 Cr | ₹117 | 14.91 | ₹107.05 | -8.50% | ₹40.55 |
| Divyadhan Recycling Industries Ltd. | SME | ₹24.17 Cr | ₹64 | 28.34 | ₹88.20 | +37.81% | ₹48.90 |
| Avi Ansh Textile Ltd. | SME | ₹25.99 Cr | ₹62 | 18.31 | ₹71.15 | +14.76% | ₹103.50 |
| Gajanand International Ltd. | SME | ₹20.65 Cr | ₹36 | 21.08 | ₹39.90 | +10.83% | ₹8.75 |
| United Cotfab Ltd. | SME | ₹36.29 Cr | ₹70 | 9.7 | ₹78.75 | +12.50% | ₹14.22 |
| Piotex Industries Ltd. | SME | ₹14.47 Cr | ₹94 | 11.14 | ₹114.30 | +21.60% | ₹26.00 |
| Shree Karni Fabcom Ltd. | SME | ₹42.49 Cr | ₹227 | 21.26 | ₹273.00 | +20.26% | ₹397.90 |
| Kalahridhaan Trendz Ltd. | SME | ₹22.49 Cr | ₹45 | 8.24 | ₹49.50 | +10.00% | ₹9.00 |
| Shanti Spintex Ltd. | SME | ₹31.25 Cr | ₹70 | 9.82 | ₹79.80 | +14.00% | ₹35.10 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding capital expenditure requirement of the Company towards purchase of Embroidery Machines for expansion; | 5.57 |
| 2 | Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company; | 4.00 |
| 3 | General corporate purposes | 2.15 |
About Neelam Linens IPO
Updated on Aug 5, 2026
Contact Details
Neelam Linens & Garments (India) Ltd. Address446-447, 4th FloorShah & Nahar Industrial Estate Sitaram Jadav MargLower Parel, Delisle RoadMumbai, Maharashtra, 400013+91 2224942454compliance@neelamgarments.comVisit Website