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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

IPO Objectives

Neelam Linens and Garments IPO — dedicated ipo objectives page.

Objects of the Issue

#PurposeEstimated Amount
1Funding capital expenditure requirement of the Company towards purchase of Embroidery Machines for expansion;₹5.57 Cr
2Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company;₹4.00 Cr
3General corporate purposes₹2.15 Cr