Neelam Linens and Garments (India) Ltd.
Industry:
Textile
Issue Details
Open Date
08 Nov 2024Close Date
12 Nov 2024Size (in Crs.)
9.3168
Size (Shares)
-Listing On
NSE
Issue Terms
Price Range
-4Lot Size
6000
Type
Book building
Face Value
10
Market Lot
1
Objective of the Issue
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.
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 thedomestic market, applying value-added services such as designing, digital printing, dyeing, stitching, embroidery, an... Show More
Address
446-447, 4th Floor, Shah & Nahar Industrial Estate , Sitaram Jadav Marg, Delisle Road , Lower Parel
Mumbai
400013
Promoter Holding
Promoters:
Bhavin Jethwa, Kantilal Jethva
Total Share Capital
10978000
Offered to Public
3882000
% Promoter's Holding (Pre-Issue)
74.18
% Promoter's Holding (Post-Issue)
54.29
Shares on offer
Total Share Offer
10978000
Of above offred to public
3882000
Post Issue shares
NA
Post Issue Promoters
54.29
Lead Managers to the Issue:
Expert Global Consultants Pvt Ltd.
Registrar Details
Registrar Name:
Purva Shareregistry (India) Pvt Ltd
Address
Gala No 9 , Shiv Shakti, Industrial Estate,Sitaram Mill Comp. , J R Boricha Marg, Lower Parel [E] , Mumbai
400011