Neelam Linens and Garments (India) IPO — Listing Performance
Neelam Linens and Garments (India) IPO facts & figures
| Issue category | SME |
|---|---|
| Issue open date | 8 Nov 2024 |
| Listing date | 18 Nov 2024 |
| Issue price | ₹24 |
| Listing-day close | ₹38.05 (58.54%) |
| Recent market price | ₹6.20 (-74.17% vs issue) |
| Identifiers | NSE: NEELAM · ISIN: INE0N1401016 |
How the listing went
Neelam Linens and Garments (India) delivered a blockbuster debut, closing its first session 58.54% above the issue price.
Neelam Linens and Garments (India) against every other debut on record
- Rank in 2024: 88 of 262 NSE debuts, on a 58.54% first-day close.
- 58th percentile of 176 SME debuts in 2024 (median 41.27%).
- 1st of 9 debuts in November 2024.
- Opened 66.88% above issue, then gave up 8.34 points to the close.
- Day-one range ₹38.05 to ₹40.05: a 8.33% swing on the issue price.
- Last close ₹6.20 (10 Sep 2026): 74.17% below issue, against 58.54% on day one.
- Priced at the top of the ₹20 to ₹24 band.
- Listed 6 calendar days after close.
- All 601 SME debuts on record: median 14.22%, 79% closed above issue.
Computed over 1109 verified NSE debuts to 11 Sep 2026 · sources