Free Account Opening + AMC Free Demat
Loading...
November 8, 2024 - November 12, 2024

Neelam Linens and Garments IPO Subscription Details

Neelam Linens and Garments IPO Subscription Status Live

Neelam Linens and Garments IPO subscribed 91.97 times. The public issue subscribed 57.82 times in the retail category, 15.40 times in QIB, and 273.47 times in the NII category by November 12, 2024 (Day 3).

Investor CategorySubscription (times)Shares OfferedShares Bid forTotal Amount (Rs Cr.)*
Qualified Institutions15.401,032,0001,58,94,00038.15
Non-Institutional Buyers*273.47774,00021,16,62,000507.99
Retail Investors57.821,800,00010,40,76,000249.78
Employees[.]000
Others[.]000
Total *91.973,606,00033,16,32,000795.92

Total Application : 18,698 (62.33 times)

Disclaimer: *The total amount is calculated based on the final issue price or the price in the upper price range.

* Market Maker portion of 276,000 equity shares not included.


Neelam Linens and Garments IPO (Day-wise) Subscription Details (times)

DateQIBNII*RetailTotal
Day 1
November 8, 2024
0.000.945.042.72
Day 2
November 11, 2024
1.014.5715.288.90
Day 3
November 12, 2024
15.40273.4757.8291.97

Neelam Linens and Garments IPO Shares Offered

Neelam Linens and Garments IPO is a public issue of 5,418,000 equity shares. The issue offers 1,800,000 shares to retail investors, 1,032,000 shares to qualified institutional buyers, and 774,000 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr) Size (%)
Anchor Investor1,536,0003.6928.35%
Market Maker276,0000.665.09%
QIB1,032,0002.4819.05%
NII*774,0001.8614.29%
Retail1,800,0004.3233.22%
Total5,418,00013.00100%

Neelam Linens and Garments IPO Anchor Investor Allocation

A total of 1,536,000 shares at a price of Rs 24 per share will be allotted to the anchor investors.

S.No.Name of Anchor InvestorNo. of Shares AllocatedBid Price Per Share (Rs.)Anchor Investor Portion (%)Total Amount Allocated (Rs.)
1Leading Light Fund VCC768,000245018,432,000
2Saint Capital Fund768,000245018,432,000
1,536,00010036,864,000

IPO Investor Categories

  • Qualified Institutional Buyers (QIB)

    Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.

  • Non-Institutional Investors(NII)

    Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.

    NII category has two subcategories:

    1. sNII (bids below Rs 10L)

      The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).

    2. bNII (bids above Rs 10L)

      The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.

  • Employee (EMP)

    A category of eligible employees who have a reserved quota in the IPO.

  • Others

    A category of eligible shareholders or other investors who have a reserved quota in the IPO.

What is the difference between RII, NII, QIB and Anchor Investor?

Disclaimer: The above information / data is sourced from National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) websites and is subject to change in real time. For latest information / data, please refer to the respective websites. The information / data provided here in is for informational purposes only and is provided by Chittorgarh.com on "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. Chittorgarh.com does not warrant the accuracy, adequacy or completeness of the information you obtain through the above websites. Chittorgarh.com shall not be liable in any way for any discrepancies, errors, omissions, losses or damage. Chittorgarh.com, including its affiliates and its directors, staff and employees, shall not be liable for any loss, damage of any kind, including but not limited to direct, indirect, punitive, exemplary, consequential damages and lost profits arising in any way out of the use of information / data obtained through the said websites. The recipient alone is fully responsible / liable for any decision made based on this information / data. All recipients, before relying on the said information, should do their own research and seek appropriate professional advice.

Neelam Linens and Garments IPO Subscription FAQs

The Neelam Linens and Garments IPO is subscribed 91.97 by November 12, 2024.

Neelam Linens and Garments IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional15.40
Non Institutional273.47
Retail Individual57.82
Employee Reservations[.]
Others[.]
Total Subscription91.97

Retail category of Neelam Linens and Garments IPO subscribed 57.82 times as of date November 12, 2024. The public issue closes on November 12, 2024 for bidding.

An investor can apply in Neelam Linens and Garments IPO online via bank (using ASBA) or the broker (using UPI). The Neelam Linens and Garments IPO shares are offered online only.

The Neelam Linens and Garments IPO is subscribed 91.97 by November 12, 2024.

The Neelam Linens and Garments IPO allotment status is expected on or around November 13, 2024. Visit Neelam Linens and Garments IPO allotment status to check.

The Neelam Linens and Garments IPO listing date is Monday, November 18, 2024. The equity share of Neelam Linens and Garments (India) Ltd will list on NSE SME.

Visit Neelam Linens and Garments IPO subscription status page for real-time bidding information about Neelam Linens and Garments IPO.

Neelam Linens and Garments IPO Timetable

IPO Opens OnNovember 8, 2024
IPO Closes OnNovember 12, 2024
Finalisation of Basis of AllotmentNovember 13, 2024
Initiation of RefundsNovember 14, 2024
Credit of Shares to Demat AccountNovember 14, 2024
IPO Listing DateNovember 18, 2024

Comments

Add a public comment...