Neelam Linens and Garments (India) Ltd

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.

₹1,44,000

/ 6000 shares

Minimum Investment

View Neelam Linens and Garments (India) Ltd IPO details including price range, minimum investment, lot size, financials, and IPO timeline. Get subscription updates, peer comparison, and key insights to help you make an informed decision.

IPO Status

Closed

Price Band

₹20 - 24

Open Date

2024-11-08

Close Date

2024-11-12

IPO 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

passed
Open Date8 Nov 2024
passed
Close Date12 Nov 2024
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Allotment Date13 Nov 2024
passed
Listing Date18 Nov 2024

Strengths and Risks

Strengths

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

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

1

Download the INDmoney app and complete your KYC to open an account.

2

Go to the INDstocks section and tap on IPO, or search for ‘IPO’.

3

Select Neelam Linens and Garments (India) Ltd IPO from the list of live IPOs.

4

View key details like price band, lot size, and dates, then tap ‘Apply Now’.

5

Choose the number of lots and place your order via UPI.

6

Your funds will be blocked until the share allotment is finalized.

About Neelam Linens and Garments (India) Ltd

We operate as a soft home furnishing company based out of Maharashtra, India, extending our services to a global clientele, including USA, Australia and Far East. We specialize in the processing, finishing and supplying of bedsheets, Pillow cover, Duvet Cover, Towels, Rugs, Doher, Shirts & Garments predominantly for discounted retail outlets. We source surplus or slightly imperfect fabric from the domestic market, applying value-added services such as designing, digital printing, dyeing, stitching, embroidery, and other enhancements. Subsequently, we distribute these refined products to discounted retail outlets in diverse countries.

Frequently Asked Questions of Neelam Linens and Garments (India) Ltd IPO

What is the size of the Neelam Linens and Garments (India) Ltd IPO?

The size of the Neelam Linens and Garments (India) Ltd IPO is ₹13 Cr.

What is the allotment date of the Neelam Linens and Garments (India) Ltd IPO?

Neelam Linens and Garments (India) Ltd IPO allotment date is Nov 13, 2024 (tentative).

What are the open and close dates of the Neelam Linens and Garments (India) Ltd IPO?

The Neelam Linens and Garments (India) Ltd IPO will open on Nov 8, 2024 and close on Nov 12, 2024

What is the lot size of Neelam Linens and Garments (India) Ltd IPO?

The lot size for the Neelam Linens and Garments (India) Ltd IPO is 6000.

When will my Neelam Linens and Garments (India) Ltd IPO order be placed?

Your Neelam Linens and Garments (India) Ltd IPO order will be placed on Nov 8, 2024

Can we invest in Neelam Linens and Garments (India) Ltd IPO?

Yes, once Neelam Linens and Garments (India) Ltd IPO opens, you can invest in the shares of the company.

What would be the listing gains on the Neelam Linens and Garments (India) Ltd IPO?

The potential listing gains on the Neelam Linens and Garments (India) Ltd IPO will depend on various market factors and cannot be predicted with certainty.

What is 'pre-apply' for Neelam Linens and Garments (India) Ltd IPO?

'Pre-apply' for Neelam Linens and Garments (India) Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.