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LISTEDSME

Neelam Linens and Garments IPO

Open 8th Nov 2024 · Close 12th Nov 2024 · Listing 18th Nov 2024

Verified 2026-08-2489% data coverage
Issue Price₹24.00
Listing Price₹40.05
Current Price
Listing Gain66.87%
Current Return

At a glance

Updated 2026-08-24

The shares listed at ₹40.05, a 66.87% move from the issue price. Neelam Linens and Garments is a SME IPO with an issue size of ₹13.00 crore, proposed for listing on NSE SME. The offer opens on 8th Nov 2024 and closes on 12th Nov 2024. The issue structure includes a fresh issue of ₹12.34 crore. The current listing schedule points to 18th Nov 2024.

Issue details

Listing atNSE SME
Issue typeBook Build Issue
Issue size₹13.00 Cr
Fresh issue₹12.34 Cr
Face value₹10
Price band₹20.00–₹24.00
Allotment13th Nov 2024
Listing18th Nov 2024

Listing performance

Full performance ↗
Issue price₹24.00
Listing price₹40.05
Current price
Listing gain66.87%
Current return
Price progressionIssue → Listing → Current

Grey market

GMP page ↗
Latest GMP₹14.00
GMP / upper price58.33%
Est. listing₹38.00
GMP is unofficial sentiment data, not an exchange price.

Timeline

Opens8th Nov 2024
Closes12th Nov 2024
Allotment13th Nov 2024
Refund14th Nov 2024
Demat14th Nov 2024
Listing18th Nov 2024

Subscription demand

Full bidding ↗
Total91.97×

Lot size

InvestorLotsSharesAmount
Minimum Bid16000₹144,000

Company

Incorporated2010

Use of proceeds

ObjectAmount
Funding capital expenditure requirement of the Company towards purchase of Embroidery Machines for expansion;₹5.57 Cr
Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company;₹4.00 Cr
General corporate purposes₹2.15 Cr

31 Mar 2021

Assets64.68
Total Income80.18
Profit After Tax0.42
NET Worth11.70
Reserves and Surplus11.50
Total Borrowing52.59

31 Mar 2022

Assets78.60
Total Income103.80
Profit After Tax2.99
NET Worth14.68
Reserves and Surplus14.48
Total Borrowing51.10

31 Mar 2023

Assets99.68
Total Income105.41
Profit After Tax2.38
NET Worth21.02
Reserves and Surplus13.62
Total Borrowing65.34

31 Mar 2024

Assets121.17
Total Income104.74
Profit After Tax2.46
NET Worth23.48
Reserves and Surplus8.68
Total Borrowing69.65

30 Jun 2024

Assets120.50
Total Income21.95
Profit After Tax0.80
NET Worth24.29
Reserves and Surplus9.49
Total Borrowing75.66
Trend chart₹ crore

KPIs

KPIJun 30, 2023
ROE2.99%
ROCE3.84%
Debt / Equity3.12%
RoNW3.31%
PAT Margin3.69%
Price to Book Value1.46

Valuation & shareholding

Pre-IPO EPS1.66
Post-IPO EPS1.59
Pre-IPO P/E14.44
Post-IPO P/E15.08
Promoter holding pre74.18%
Promoter holding post54.29%
Market cap₹48.52 Cr.

Issue expenses

ExpenseAmount
Book Running Lead Manger fees₹0.35 Cr
Fees Payable to Registrar to the Issue₹0.01 Cr
Fees Payable for Advertising and Publishing Expenses₹0.02 Cr
Fees Payable to Regulators including Stock Exchanges₹0.04 Cr
Payment for Printing & Stationery, Postage, etc.₹0.01 Cr
Fees Payable to Auditor, Legal Advisors and other Professionals₹0.19 Cr
Others, if any (Fees payable for Marketing & distribution expenses, Selling Commission, Brokerage, depositories, secretarial, advisors, consultancy, peer review auditors, Processing Fees*, Underwriting fees and Miscellaneous Expenses)₹0.66 Cr

Registrar & lead managers

Registrar

Purva Sharegistry (India) Pvt.Ltd.

Lead managers

  • Expert Global Consultants Pvt.Ltd.

Offer documents

Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.