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Neelam Linens and Garments (India) Ltd.
Issue Open Date 08-Nov-24  
Issue Closing Date 12-Nov-24  
Application Money 100  
Allotment Money  
Price Band () 20 - 24  
Minimum Bid Quantity. 6000  
Issue Size (Shares) 3882000  
Market Lot 1  
Objective

1. Funding capital expenditure requirement of our Company towards purchase of Embroidery Machines for expansion.2. Prepayment or repayment of all or a portion of certain outstanding borrowings availed by our Company.3. General corporate purposes.

Business Description

We operate as a soft home furnishing company based out of Maharashtra, India, extending our services to a global clientele, includingUSA, 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 th...

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Promoter's Holding
Total Share Capital   10978000  
Offered to Public   3882000  
Promoter's Holding (Pre-Issue)   74.18  
Promoter's Holding (Post-Issue)   54.29  
Address
Address :446-447
4th Floor
Shah & Nahar Industrial Estate
Sitaram Jadav Marg
Delisle Road
Lower Parel City :Mumbai, State :Maharashtra Pincode :400013 Phone :022-24942454 Email : compliance@neelamgarments.com Website : www.neelamgarments.com
Registrar
Purva Shareregistry (India) Pvt Ltd
Gala No 9
Shiv Shakti
Industrial Estate
Sitaram Mill Comp.
J R Boricha Marg
Lower Parel [E]
Mumbai
Listed at
NSE
Lead Manager
Expert Global Consultants Pvt Ltd.
Promoters
Bhavin Jethwa
Kantilal Jethva
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