
Neelam Linens and Garments (India) Ltd IPO
Neelam Linens and Garments (India) Ltd IPO Price Range is ₹20 - ₹24, with a minimum investment of ₹1,44,000 for 6000 shares per lot.
Minimum Investment
₹1,44,000
/ 6000 shares
IPO Status
Price Band
₹20 - ₹24
Bidding Dates
Nov 8, 2024 - Nov 12, 2024
Issue Size
₹13.00 Cr
Lot Size
6000 shares
Min Investment
₹1,44,000
Listing Exchange
NSE
Neelam Linens and Garments (India) Ltd IPO Application Timeline




Strengths and Risks
Strengths
Purchase of higher quality thread count fabric at lower price.
Experienced promoters and dedicated employee base.
Infrastructure and Integrated capabilities to deliver quality Products.
Risks
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.
A majority of its supplies for the company operations are obtained from a limited number of suppliers.
The company is dependent on a few customers for a major part of its revenues. Further the company does not enter into long-term arrangements with its customers could adversely affect its business and results of operations.
The majority of the business of sale of licenses of our company occurs from the trading activity.
The Company and the promoters does not have enough documentary evidence for the Capital Built-up of the Company.
A significant portion of its sales are derived from India and any adverse developments in this market could adversely affect its business.
The company has only one production unit that is located in Bhiwandi and any localized social unrest, natural disaster or breakdown of services or any other natural disaster in and around Ahmednagar or any disruption in production at, or shutdown of, its production unit could have material adverse effect on the companys business and financial condition.
Its success depends on third party logistics and transportation infrastructure. Disruption of logistics and transportation services could impair the ability of its suppliers to deliver raw materials or the companys ability to deliver products to its customers and/ or increase the company transportation costs, which may adversely affect its operations.
If the company is unable to maintain an optimal level of inventory, its business, results of operations and financial condition may be adversely affected.
Its business is exposed to foreign exchange rate related fluctuations.
How to Apply for Neelam Linens and Garments (India) Ltd IPO on INDmoney
- Download the INDmoney app and complete your KYC.
- Go to INDstocks → IPO, or just search “IPO”.
- Tap on Neelam Linens and Garments (India) Ltd IPO from the list of live IPOs.
- View key details like price band, lot size, and dates.
- Tap Apply Now and choose your number of lots.
- Use INDpay UPI for instant mandate tracking.
- Your funds will be blocked until the share allotment is finalized.