Neelam Linens And Garments Ipo
Objects of the Issue
Funding capital expenditure requirement of our Company towards the purchase of Embroidery Machines for expansion;
Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company
General corporate purposes;
Neelam Linens and Garments IPO Review
Canara Bank –
DRChoksey FinServ –
Emkay Global –
Hem Securities –
IDBI Capital –
Marwadi Shares –
Nirmal Bang –
SBICAP Securities –
Sharekhan –
SMC Global –
Sushil Finance –
Swastika Investmart –
Ventura Securities –
Geojit –
Reliance Securities –
Capital Market –
BP Wealth –
ICICIdirect –
Choice Broking –
IPO Lead Managers aka Merchant Bankers
Expert Global Consultants Private Limited
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 6,000 | ₹144,000 |
Retail Maximum | 1 | 6,000 | ₹144,000 |
HNI Minimum | 2 | 12,000 | ₹288,000 |
IPO Open Date: | November 8, 2024 |
IPO Close Date: | November 12, 2024 |
Basis of Allotment: | November 13, 2024 |
Refunds: | November 14, 2024 |
Credit to Demat Account: | November 14, 2024 |
IPO Listing Date: | November 18, 2024 |
Period Ended | Revenue | Expense | Profit After Tax | Assets |
2021 | ₹80.18 | ₹79.90 | ₹0.42 | ₹64.68 |
2022 | ₹103.80 | ₹99.90 | ₹2.99 | ₹78.60 |
2023 | ₹105.41 | ₹102.11 | ₹2.38 | ₹99.68 |
2024 | ₹104.74 | ₹101.58 | ₹2.46 | ₹121.17 |
June 2024 | ₹21.95 | ₹20.74 | ₹0.80 | ₹120.50 |
KPI | Values |
ROE: | 10.48% |
ROCE: | 13.69% |
EBITDA Margin: | 7.63% |
PAT Margin: | 2.40% |
Debt to equity ratio: | 2.97 |
Earning Per Share (EPS): | ₹1.66 (Basic) |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 10.48% |
Net Asset Value (NAV): | ₹15.87 |
Company | EPS | PE Ratio | RoNW % | NAV | Income |
Loyal Textile Mills Limited | (89.17) | NA | (14.78) | 603.31 | 939.18 Cr. |
Bannari Amman Spinning MillsLimited | (3.18) | NA | (6.91) | 58.55 | 923.52 Cr. |
IPO Open Date: | November 8, 2024 |
IPO Close Date: | November 12, 2024 |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹20 to ₹24 Per Share |
Issue Size: | Approx ₹13 Crores, 5,418,000 Equity Shares |
Fresh Issue: | Approx ₹13 Crores, 5,418,000 Equity Shares |
Offer for Sale: | – |
Issue Type: | Book Built Issue |
IPO Listing: | NSE SME |
Retail Quota: | Not more than 35% |
QIB Quota: | Not more than 50% |
NII Quota: | Not more than 15% |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Anchor Investors List: | Click Here |