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Neelam Linens and Garments (India) Limited IPO

Neelam Linens and Garments (India) Limited was a SME IPO in the Other Textile Products sector, offered at ₹20–₹24 per share to raise ₹13 crore. It listed on 18 Nov 2024 at ₹40 and closed its first day at ₹38, a listing gain of +58.5% versus the ₹24 issue price.

Frequently asked questions

What were the Neelam Linens and Garments (India) Limited IPO listing gains?
Neelam Linens and Garments (India) Limited listed on 18 Nov 2024 at ₹40, closing its first day at ₹38 — a listing gain of +58.5% versus the ₹24 issue price.
What was the price band and lot size of the Neelam Linens and Garments (India) Limited IPO?
The price band was ₹20–₹24 per share, with a minimum lot of 6,000 shares (₹1,44,000 at the upper band).
Who were the registrar and lead manager for the Neelam Linens and Garments (India) Limited IPO?
Purva Sharegistry (India) Private Limited was the registrar, and Expert Global Consultants was the book-running lead manager.