Neelam Linens and Garments (India) Limited

Neelam Linens and Garments (India) Limited

NNSE:NEELAM
6.50
INR
-0.25
(-3.70%)
No data availableFinancial data will appear here once available

Capital Structure

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Working Capital

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Growth Rates

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Semi-annual Revenue

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Semi-annual Earnings Per Share

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Semi-annual Dividends Per Share

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Company Description

CEO
Bhavin Kantilal Jethwa
Full Time Employees
6
Sector
Consumer durables
Industry
Home furnishings
Address
Mumbai City India
IPO Date
Nov 18, 2024
Business
Neelam Linens and Garments (India) Limited is a textile manufacturing and export company specializing in the design, processing, and finishing of soft home furnishings and ready-made garments. The company operates across two principal business divisions: Home Textiles and Garments. Its comprehensive product portfolio comprises bed linen items, such as bedsheets, duvet covers, pillowcases, quilt covers, bedspreads, flat and fitted sheets, and comforters; living and decorative textiles, including cushion covers, window drapes, curtains, table runners, and throws; and ready-made apparel, including men's, women's, and children's loungewear, sleepwear, shirts, and casual clothing. Neelam Linens and Garments offers integrated manufacturing services spanning raw fabric sourcing, dyeing, cutting, precision stitching, digital and rotary printing, embroidery, quality control, and custom private-label packaging for global retail discount chains, department stores, and international distributors. Founded in 2010 and headquartered in Mumbai, Maharashtra, India, the company operates manufacturing and processing facilities in Maharashtra and serves major export markets across the United States, Australia, the United Kingdom, Europe, and the Far East. In recent developments, the company converted from a private limited entity to a public limited company and completed its initial public offering on the NSE Emerge platform in November 2024 to fund working capital requirements, repay outstanding borrowings, and finance capital expenditures for new automated stitching and embroidery machinery. Furthermore, the company has undertaken operational expansions to enhance production capacity, introduced eco-friendly and organic cotton product lines, and deepened supply partnerships with multinational retail discount stores to accelerate its international market penetration.