Downloads
Contact Us
Feedback
Back Office
Open An Account
Any Query? Call us on
022 4097 1500
Partner with Us
Home
Market
Our Services
About Us
Knowledge Center
Partner With Us
Mutual Fund
IPO
Insurance
Downloads
Contact Us
Feedback
Back Office
Open An Account
Partner with Us
Online Trading
Insights
1
2
Home
Markets
Our Services
About Us
Knowledge Center
Mutual Fund
IPO
Insurance
IPO Synopsis
Equity Analysis
Corporate Announcements
Derivatives
News
IPO
Other Markets
Forthcoming Issues
Open IPOs
Closed IPOs
New Listing
Basis Of Allotment
Draft Prospectus
New Issue Monitor
Back
Neelam Linens and Garments (India) Ltd
Registered Office:
446-447 4th Flr Shah & Nahar-,Ind.Este Sitaram Jadav Marg LP, Mumbai - 400013, Maharashtra, India. Phone : +91 22 2494 2454 Fax:
Email :
compliance@neelamgarments.com
Website :
www.neelamgarments.com
Initial public issue of up to 54,18,000^ equity shares of face value of Rs. 10 each ("Equity Shares") of Neelam Linens and Garments (India) Limited ("Company") for cash at a price of Rs. 24 per equity share (including a share premium of Rs. 14 per equity share) ("Issue Price") aggregating up to Rs. 13.00 crores of which up to 2,76,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 24 per equity share including a share premium of Rs. 14 per equity share aggregating to Rs. 0.66 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 51,42,000 equity shares of face value of Rs. 10 each at a price of Rs. 24 per equity share aggregating to Rs. 12.34 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 26.80% and 25.43% respectively of the post issue paid up equity share capital of the company.
Issue
Opens On
Closes On
08-Nov-24
12-Nov-24
Money Payable On
Application
Allotment
24.00
0.00
Minimum Application for shares in Nos : 6000 Further Multiples of : 6000
Cr
Lead Managers to the Issue
Project Cost (
.Cr)
0.00
Expert Global Consultants Pvt Ltd
Project Financed through Current Offer (
.Cr)
13.00
Post Issue Equity Share Capital (
.Cr)
20.22
Issue Price (
)
24.00
Projects
Funding capital expenditure requirements of the company towards purchase of Embroidery Machines for expansion
Prepayment or repayment of all or portion of certain outstanding borrowings availed by the compant
General corporate purposes
Promoted By
Kantilal Jethva
Bhavin Jethwa
Manjula Jethva
Listing At
NSE - SME
Registrar to the Issue
No Data Available
Attention Investors:
Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. || Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. || Pay 20% upfront margin of the transaction value to trade in cash market segment. || Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard. || Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.|| KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.|| No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.