Company Name | Neelam Linens and Garments (India) Limited |
Open Date | 08-11-2024 |
Close Date | 11-11-2024 |
Exchange | NSE SME |
Lot Size | 6,000 Shares |
Issue Price | ₹20 to ₹24 per share |
Issue Size | 54,18,000 shares |
Application Amount | ₹1,44,000 |
Recommendation | Avoid |
For the Period Ended | Mar-22 | Mar-23 | Mar-24 |
Revenue | 10,152.6 | 10,356.3 | 10,233.9 |
EBITDA | 593.62 | 652.51 | 781.10 |
Net Profit | 298.57 | 237.86 | 246.04 |
RoCE | 11.26% | 10.39% | 9.86% |
ROE | 20.33% | 11.31% | 10.48% |
P/E | 10.91 | 14.55 | 14.46 |
Opening Date | 08-11-2024 |
Closing Date | 11-11-2024 |
Basis of Allotment | 13-11-2024 |
Initiation of Refunds | 14-11-2024 |
Credit of Shares to Demat | 14-11-2024 |
Listing Date | 18-11-2024 |
Funding capital expenditure requirement of the Company towards purchase of Embroidery Machines for expansion |
Prepayment or repayment of certain borrowing availed by the Company, in part or full |
General Corporate Purposes |
Registered Office | Neelam Linens and Garments (India) Ltd 446-447, 4th Floor, Shah & Nahar Industrial Estate Sitaram Jadav Marg Lower Parel, Delisle Road, Mumbai- 400013 |
Phone | +91 2224942454 |
compliance@neelamgarments.com | |
Website | http://neelamgarments.com/ |
Name | Purva Sharegistry India Private Limited |
Phone | +91-022-23018261/ 23016761 |
support@purvashare.com | |
Website | https://www.purvashare.com/investor-service/ipo-query |
QIB Shares Offered | Not more than 50.00% of the Net Issue |
Retail Shares Offered | Not more than 35.00% of the Net Issue |
NII (HNI) Shares Offered | Not more than 15.00% of the Net Issue |
Shareholding Pre Issue (Promoters) | 74.18% |
Shareholding Post Issue (Promoters) | 54.30% |