| Neelam Linens and Garments (India) Ltd |
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| 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. [*] per equity share (including a share premium of Rs. [*] per equity share) ("Issue Price") aggregating up to Rs. [*] crores of which up to [*] equity shares of face value of Rs. [*] each for cash at a price of Rs. [*] per equity share including a share premium of [*] per equity share aggregating to Rs. [*] 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 [*] equity shares of face value of Rs. 10 each at a price of Rs.[*] per equity share aggregating to Rs. [*] is herein after referred to as the "Net Issue". The issue and the net issue will constitute [*] % and [*] % respectively of the post issue paid up equity share capital of the company.
Price Band: Rs. 20 to Rs. 24 per equity share of face value of Rs. 10 each.
The Floor price is 2 times the face value of the equity shares and cap price is 2.4 times the face value of the equity shares.
Bid can be made for a minimum of 6000 equity shares and in multiples of 6000 equity shares.
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| Issue |
Money Payable On |
| Opens On |
Closes On |
Offer Price |
Application |
| 08-Nov-24 |
12-Nov-24 |
₹ 20.00-24.00 |
₹ 20.00-24.00 |
| Minimum Application for shares in Nos :6000 Further Multiples of :6000 |
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Lead Managers to the Issue |
| Project Cost |
₹ 0.00 Cr |
| Expert Global Consultants Pvt Ltd |
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| Project Financed through Current Offer |
₹ 10.84 Cr |
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| Post Issue Equity Share Capital |
₹ 20.22 Cr |
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| Face Value |
₹ 10 |
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