| Neelam Linens and Garments (India) Ltd |
|
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
 10 each ("Equity Shares") of Neelam Linens and Garments (India) Limited ("Company") for cash at a price of 24 per equity share (including a share premium of 14 per equity share) ("Issue Price") aggregating up to 13.00 crores of which up to 2,76,000 equity shares of face value of
10 each for cash at a price of 24 per equity share including a share premium of 14 per equity share aggregating to 0.66 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 10 each at a price of 24 per equity share aggregating to 12.34 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 |
Rs24.00-0.00 |
Rs0.00-0.00 |
| Minimum Application for shares in Nos :6000 Further Multiples of :6000 |
| |
RsCr |
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 |
Rs24.00 |
|
|