Sharescart Research Club logo
Products
Research
Tools
About
ChatGPT Claude Perplexity
Summarize with
ChatGPT Claude Perplexity
Join Channel
Apollo Green₹ 72 (28.6%)ASK Investment₹ 895 (-3.2%)AVPL ₹ 49 (0%)Bootes Impex₹ 775 (-8.8%)CIAL ₹ 442 (-0.5%)CSK ₹ 254 (-3.1%)ESDS Software₹ 478 (2.8%)Garuda Aerospace₹ 468 (-2.1%)Goodluck Defence₹ 385 (16%)Hero Motors₹ 325 (0%)Hinduja Leyland₹ 248 (0%)ICL Fincorp₹ 25 (0%)Incred Holdings₹ 154 (2.7%)Kineco Limited₹ 3285 (0%)Lava ₹ 60 (15.4%)Market Simplified₹ 26 (-7.1%)Matrix Gas₹ 12 (-20%)Motilal Oswal₹ 12.25 (-2%)MSEI ₹ 6.35 (-2.3%)NCDEX ₹ 368 (-1.6%)NSE ₹ 1985 (-2%)Onix Renewable₹ 68 (21.4%)OYO ₹ 23 (-4.2%)OYO Assets₹ 9.25 (-7%)Philips India₹ 1250 (0%)Polymatech Electronics₹ 56 (-3.4%)SBI Mutual₹ 768 (-0.9%)Taparia Tools₹ 6050 (0%)VCI Chemical₹ 64 (0%)Zepto ₹ 40 (-4.8%)

15 Days Price Change

Neelam Linens&Garmen IPO

Closing In

  • days
  • Hours
  • Minutes
  • Seconds

WEBSITE Inc. Year: 2010 Industry: Textile Listed Page

Profile
Issue Size --
Profile
Price Range 20  to  24 per share
Profile
Min Investment ₹24
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus --
Invest Before the IPO Goes Live

Buy unlisted shares early and participate in the growth before public listing.

Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Neelam Linens and Garments is a prominent textile and apparel company specializing in high-quality linens and garments for various markets. Established with a focus on craftsmanship and innovation, the company offers a diverse range of products, including bed linens, towels, and ready-to-wear clothing. Neelam Linens and Garments is known for its commitment to sustainability and ethical manufacturing practices, ensuring that its products meet both quality standards and environmental considerations. The company combines traditional techniques with modern design aesthetics, catering to both domestic and international customers. With a reputation for reliability and customer satisfaction, Neelam Linens and Garments continues to expand its presence in the textile industry, contributing to the evolving landscape of fashion and home textiles. Read More

Basic Info

Face Value 10 per share

Price 20  to  24 per share

P/E (x) 15

Sales( Cr.) 110

PAT( Cr.) 3

EPS 1.6

Draft Prospectus --

Exchange NSE-SME

Promoter

Company Promoters

Kantilal Jethva Bhavin Jethwa.

Pre Issue Share Holding 67.19%

Post Issue Share Holding 52.45%

Listing Details:

Listing Price: 40.05

Listing Gain: 40.07%

Current Price: 12.3

Gain On Issue: 12.3 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Nov 08, 2024
Closing Date Nov 12, 2024
Allotment Nov 13, 2024
Refund Nov 14, 2024
Delivery of Shares Nov 14, 2024
Listing Date Nov 15, 2024

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 6000 144,000
Retail (Max) 1 6000 144,000
S-HNI (Min) 2 12000 288,000
S-HNI (Max) 6 36000 864,000
B-HNI (Min) 7 42000 1,008,000

Objective of the Issue

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

Issue

Category Nos Bid Bid (x)
QIB 2709000 41718600 15.4x
NII 812700 222249069 273.5x
Retail 1896300 109644066 57.8x
EMP 0 0 0x
Total 5418000 498293460 92x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Neelam Linens&Garmen Profit & Loss

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 78 102 104 102 110
Other Income 2 2 2 2 1
Total Income 80 104 105 105 112
Total Expenditure 77 96 97 95 100
Operating Profit 4 8 8 10 12
Interest 3 3 4 5 6
Depreciation 1 1 1 2 2
Exceptional Income / Expenses 0 0 0 0 0
Profit Before Tax 0 4 3 3 4
Provision for Tax -0 1 1 1 1
Profit After Tax 0 3 2 2 3
Adjustments 0 0 0 0 0
Profit After Adjustments 0 3 2 2 3
Adjusted Earnings Per Share 0.3 2.4 1.6 1.7 1.3

Neelam Linens&Garmen Balance Sheet

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 12 15 21 23 39
Minority's Interest 0 0 0 0 0
Borrowings 24 27 36 39 46
Other Non-Current Liabilities -0 -0 -0 -0 -0
Total Current Liabilities 29 37 43 58 52
Total Liabilities 64 78 100 121 137
Fixed Assets 4 3 6 4 4
Other Non-Current Assets 13 14 14 13 20
Total Current Assets 47 61 80 104 112
Total Assets 64 78 100 121 137

Neelam Linens&Garmen Cash Flow

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 12 1 2 2 2
Cash Flow from Operating Activities 20 6 -11 0 8
Cash Flow from Investing Activities -7 -1 -3 1 -8
Cash Flow from Financing Activities -23 -5 14 -1 4
Net Cash Inflow / Outflow -10 1 -0 0 4
Closing Cash & Cash Equivalent 1 2 2 2 6

Neelam Linens&Garmen Ratios

# Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.33 2.41 1.61 1.66 1.33
CEPS(Rs) 1.14 3.44 2.02 2.75 2.14
DPS(Rs) 0 0 0 0 0
Book NAV/Share(Rs) 9.43 11.84 14.2 15.87 19.37
Core EBITDA Margin(%) 2.17 5.85 6.3 7.63 9.34
EBIT Margin(%) 3.74 6.83 7.49 8.41 8.96
Pre Tax Margin(%) 0.46 3.84 3.18 3.09 3.38
PAT Margin (%) 0.53 2.94 2.3 2.4 2.43
Cash Profit Margin (%) 1.81 4.2 2.89 3.98 3.91
ROA(%) 0.65 4.19 2.68 2.23 2.08
ROE(%) 3.55 22.63 13.32 11.06 8.56
ROCE(%) 4.55 10.66 10.2 9.59 9.92
Receivable days 70 58.9 63.89 107.73 146.25
Inventory Days 135.46 122.87 154.5 167.34 157.88
Payable days 0.87 24.7 47.19 66.59 98.63
PER(x) 0 0 0 0 15.54
Price/Book(x) 0 0 0 0 1.06
Dividend Yield(%) 0 0 0 0 0
EV/Net Sales(x) 0.66 0.49 0.69 0.8 0.93
EV/Core EBITDA(x) 13.35 6.01 8.49 8.06 8.91
Net Sales Growth(%) 0 29.83 2.01 -1.18 7.9
EBIT Growth(%) 0 136.82 11.93 10.91 14.94
PAT Growth(%) 0 618.95 -20.33 3.43 8.91
EPS Growth(%) 0 618.99 -33.25 3.43 -20.28
Debt/Equity(x) 4.5 3.48 3.11 2.97 1.71
Current Ratio(x) 1.63 1.64 1.87 1.78 2.15
Quick Ratio(x) 0.62 0.58 0.74 1 1.2
Interest Cover(x) 1.14 2.28 1.74 1.58 1.6
Total Debt/Mcap(x) 0 0 0 0 1.61

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 8% 3% 0% 0%
Operating Profit CAGR 20% 14% 0% 0%
PAT CAGR 50% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -57% NA% NA% NA%
ROE Average 9% 11% 12% 12%
ROCE Average 10% 10% 9% 9%

Company Contact Information

Neelam Linens and Garments (India) Ltd.

446-447, 4th Floor, Shah & Nahar Industrial Estate Sitaram Jadav Marg, Delisle Road Lower Parel

IPO Lead Manager(s)

Neelam Linens and Garments (India) Ltd.

Expert Global Consultants Pvt Ltd.

Registrar Info

Neelam Linens and Garments (India) Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

Wealth Icon
Don’t Miss Out on Unlisted Shares

Open your account today and gain instant access to top unlisted shares and pre-IPO opportunities.

whatsapp

Error!