Neelam Linens and Garments IPO opens today: Check issue size, price band, GMP and other details

Neelam Linens has launched its SME IPO to raise Rs 13 crore, offering shares at Rs 20-24 apiece. The Maharashtra-based soft home furnishing company aims to utilize the proceeds for capital expenditure, debt repayment, and general corporate purposes. The IPO opened on November 8 and will close on November 12, with a potential listing date of November 15.