Neelam Linens and Garments IPO Draws 85.51x Subscription on Day 3 - Learn More!Neelam Linens and Garments IPO Draws 85.51x Subscription on Day 3 - Learn More!

Neelam Linens and Garments (India) Ltd IPO demonstrated strong investor interest by Day 3, with the issue reaching a remarkable 85.51 times subscription. This high demand underscores the market’s confidence in the company’s growth potential and positive outlook within the garment and textile sector.

Neelam Linens and Garments (India) Ltd IPO Subscription Status

Neelam Linens and Garments (India) Ltd IPO Neelam Linens and Garments IPO experienced strong demand by Day 2, reaching an impressive 8.05 times subscription. This reflects significant investor interest, as the issue attracted notable attention, underscoring positive sentiment around the company’s growth potential and market presence.

How to check Neelam Linens and Garments (India) Ltd IPO Subscription Status?

Steps to check Neelam Linens and Garments (India) Ltd IPO subscription status on NSE

Following are the steps to check it through the NSE website

• Visit NSE‘s official website.
• Navigate to the ‘Market Data’ tab.
• Choose ‘IPO’.
• Select the ‘Neelam Linens and Garments (India) Ltd IPO’ to check its subscription status.
• Opt for either NSE Bid details or Consolidated Bid details.
• Explore the total number of bids received from various investors. 

Neelam Linens and Garments (India) Ltd IPO Allotment Status

The allotment date for the Neelam Linens and Garments (India) Ltd IPO is set for November 13, with shares priced from ₹20 to ₹24 per share and a face value of ₹10. The offering consists of lots of 6000 shares, with bids accepted for these lots or their multiples.

Neelam Linens and Garments (India) Ltd IPO Listing Date 

Neelam Linens and Garments (India) Ltd IPO is expected to be listed on the NSE SME on November 18, 2024.