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Registered Office: [ 446-447 4th Flr Shah & Nahar- , Ind.Este Sitaram Jadav Marg LP , Mumbai - 400013 , Maharashtra , India.
                                  Phone:+91 22 2494 2454   Fax:
                                  Email: compliance@neelamgarments.com
                                  Website: www.neelamgarments.com

Initial public issue of up to 54,18,000^ equity shares of face value of Rs10 each ("Equity Shares") of Neelam Linens and Garments (India) Limited ("Company") for cash at a price of Rs24 per equity share (including a share premium of Rs14 per equity share) ("Issue Price") aggregating up to Rs13.00 crores of which up to 2,76,000 equity shares of face value of Rs10 each for cash at a price of Rs24 per equity share including a share premium of Rs14 per equity share aggregating to Rs0.66 crores 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 51,42,000 equity shares of face value of Rs10 each at a price of Rs24 per equity share aggregating to Rs12.34 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 26.80% and 25.43% respectively of the post issue paid up equity share capital of the company.

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
08-Nov-24	12-Nov-24	Rs 24.00-0.00	Rs 0.00-0.00
Minimum Application for shares in Nos : 6000 Further Multiples of : 6000

	Rs Cr	Lead Managers to the Issue
Project Cost	0.00	Expert Global Consultants Pvt Ltd
Project Financed through Current Offer	13.00
Post Issue Equity Share Capital	20.22
Issue Price	Rs.24.00

Projects

Funding capital expenditure requirements of the company towards purchase of Embroidery Machines for expansion	Prepayment or repayment of all or portion of certain outstanding borrowings availed by the compant
General corporate purposes

Promoted By

Kantilal Jethva

Bhavin Jethwa

Manjula Jethva

Listing At

NSE - SME

Registrar to the Issue

No Data Found.

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