Open Date
08 Nov 2024
Close Date
12 Nov 2024
Listing Date
18 Nov 2024
Max Investment
₹1,44,000
Price Range
₹24 - ₹24
Lot Size
6000
IPO Size
₹13Cr
Exchange Symbols
Neelam Linens and Garments (India) Ltd IPO
₹1,44,000
/ 6,000
Cutoff - Lot Size
IPO Dates and Timelines
IPO Size
IPO Reservation
Investor Category
Shares Offered
Allocation Percentage %
Anchor Investor Shares Offered
15,36,000
-
QIB Shares Offered
25,68,000
50.0%
NII (HNI) Shares Offered
7,74,000
15.0%
Retails Shares Offered
18,00,000
35.0%
Total Shares Offered
54,18,000
-
Total Shares with Anchor Investor
41,04,000
100%
IPO Lot Size
Applications
Lot
Shares
Amount
Retail (Min)
1
6000
₹1,44,000
Retail (Max)
1
6000
₹1,44,000
S-HNI (Min)
2
12000
₹2,88,000
S-HNI (Max)
6
36000
₹8,64,000
B-HNI (Min)
7
42000
₹10,08,000
IPO Shareholding Pattern
Category
Pre-Issue
Post-issue
Promoter Group
74.18%
54.29%
Public Group
25.82%
45.71%
IPO Financials
Total Assets Total Liabilities
Total Revenue Total Expenditure
EBITDA Profit
Share Capital
IPO Peers
IPO Strengths & Risks
Strength
Risks
Purchase of higher quality thread count fabric at lower price.
Experienced promoters and dedicated employee base.
Infrastructure and Integrated capabilities to deliver quality Products.
Its business predominantly focuses on bedsheets, which makes the company particularly susceptible to fluctuations in demand. Any shifts in consumer preferences have the potential to significantly impact its business, as well as influence its operational outcomes and financial standing.IPO Registrars
Purva Sharegistry (I) Pvt Ltd
Phone Number:
91-22-23010771/23018
Email ID:
Website:
www.purvashare.com
Limited
We operate as a soft home furnishing company based out of Maharashtra, India, extending our services to a global clientele, including USA, 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 the domestic market, applying value-added services such as designing, digital printing, dyeing, stitching, embroidery, and other enhancements. Subsequently, we distribute these refined products to discounted retail outlets in diverse countries.
Contact Details
IPO Company Name:
Limited
Phone Number:
+91 22 2494 2454
Email ID:
Website:
www.neelamgarments.com
Address:
Mumbai, Maharashtra
IPO Overview
: IPO Dates
The IPO opens for subscription on 08 Nov 2024, and closes on 12 Nov 2024. Investors will likely receive their allotment status updates on 13 Nov 2024. Those who get allotted shares can expect them credited to their Demat accounts by 14 Nov 2024. The shares will be officially listed on the stock exchange on 18 Nov 2024.
: IPO Price Band
The IPO consists of a fresh issue and an offer for sale, with a price band set between ₹24.0 and ₹24.0 per share.Investors can apply within this range. This book-building issue includes a fresh issue worth ₹13.0 crore and an offer for sale valued at ₹ - crore. The exact listing price will be revealed on 18 Nov 2024, which is when the shares start trading on the exchange.
: Lot Size and Issue Size
The minimum application lot size is shares, and investors need to apply for at least one lot. The total IPO size is approximately - crore.
How to Apply for IPO Online?
- 1. Log in to Torus Digital: Open the Torus Digital app and enter your login details.
- 2. Find the IPO Section: Navigate to the ‘IPO’ tab in the app.
- 3. Select IPO: Choose it from the list of available IPOs.
- 4. Enter Lot Quantity: Input how many lots you want to apply for.
- 5. Provide UPI ID: Submit your UPI ID for payment.
- 6. Approve Payment: When the payment request comes to your UPI app, approve it by entering your UPI PIN.
How to Check IPO Allotment Status for ?
- 1. Open the Torus Digital app and log in.
- 2. Go to the ‘IPO’ section and select ‘IPO Orders’.
- 3. Choose the IPO application.
- 4. View your allotment status.
You will also get notified of your allotment via push notifications and email from Torus Digital.
FAQ’s
What is the open date of IPO?
- The opening date of IPO is 08 Nov 2024.
What is the close date of IPO?
- The closing date of IPO is 12 Nov 2024.
What is the issue size of IPO?
- The issue size of IPO is Rs Cr.
What is the lot size of IPO?
- The size per lot of IPO is 6000.0.
How to apply for IPO?
- To apply for IPO:
- Navigate to the IPO section of mobile app/website
- Click on Current IPO
- Click on IPO
- Enter Lot Quantity
- Enter Valid UPI ID
- Click on apply
- Your application will be processed once the transaction is completed successfully.
What is the allotment date of IPO?
- The Allotment Date of IPO is 13 Nov 2024.
What is the listing date of IPO?
- IPO will get listed on .
Who is the registrar of IPO?
- The registrar of IPO is Purva Sharegistry (I) Pvt Ltd.
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