Neelam Linens IPO Subscription Details

Bookbuilding IPO | ₹13 Cr | Listed at NSE SME | Fri, Nov 8, 2024 - Tue, Nov 12, 2024

Basis of Allotment - Neelam Linens IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)10,32,00015,36,00025,68,0007,74,00018,00,00051,42,000
Allotment price (Rs.)242424242424
No.of applications82101,32716,23217,569
No.of shares applied1,58,94,00016,68,0001,75,62,00021,13,74,0009,73,92,00032,63,28,000
Amount collected (Rs.cr.)38.15 4.00 42.15 507.30 233.74 783.19
No.of times subscribed15.401.096.84273.0954.1163.46
No.of shares allotted10,32,00015,36,00025,68,0007,74,00018,00,00051,42,000
Amount (Rs.cr.)2.48 3.69 6.16 1.86 4.32 12.34
No.of allottees8210116300426

IPO Shares Offered

Neelam Linens IPO is a public issue of 0.51 Cr equity shares. The issue offers 0.18 Cr shares to retail investors, 0.26 Cr shares to qualified institutional buyers, and 0.08 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker2,76,0000.66 5.09%
QIB 25,68,0006.16 47.40%
    Anchor 15,36,000 3.69 28.35%
    QIB (Ex Anchor) 10,32,000 2.48 19.05%
NII* 7,74,0001.86 14.29%
Retail18,00,0004.32 33.22%
Total54,18,00013.00 100%

Neelam Linens IPO Anchor Investor Allocation

A total of 15,36,000 shares at a price of Rs 24 per share will be allotted to the anchor investors.

Anchor investors bid opening dateNov 07, 2024
Anchor investor price₹24.00
Anchor investors as % of QIBs59.81%
No. of shares locked-in for 30 days7,68,000
No. of shares locked-in for 90 days7,68,000
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 LEADING LIGHT FUND VCC-THE TRIUMPH FUND LEADING LIGHT FUND VCC 7,68,000 1.84 50.00 14.17
2 SAINT CAPITAL FUND SAINT CAPITAL 7,68,000 1.84 50.00 14.17
15,36,0003.6910028.35

IPO Subscription FAQs

The Neelam Linens IPO is subscribed 64.4947 times by Nov 12, 2024 18:19.

Neelam Linens IPO Subscription

Investor Category Subscription (times)
Qualified Institutional15.4012
Non Institutional273.4651
Retail Individual57.82
Total Subscription64.4947

Retail category of Neelam Linens IPO subscribed 57.82 times as of date Nov 12, 2024 18:19. The public issue closes on Tue, Nov 12, 2024 for bidding.

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

The Neelam Linens IPO is subscribed 64.4947 times by Nov 12, 2024 18:19.

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

The Neelam Linens IPO listing date is November 18, 2024. The equity share of Neelam Linens IPO will list on NSE SME.

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

Neelam Linens IPO Timetable

IPO opens OnFriday, November 8, 2024
IPO Closes OnTuesday, November 12, 2024
Finalisation of Basis of AllotmentWednesday, November 13, 2024
Initiation of RefundsThursday, November 14, 2024
Credit of Shares to Demat AccountThursday, November 14, 2024
IPO Listing DateMonday, November 18, 2024
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