Neelam Linens and Garments (India) IPO is now live on Upstox

Established in 2010, Neelam Linens and Garments is a Maharashtra-based company specialising in home textiles and garments, serving clients across the USA, Australia, and the Far East. Operating in both textile processing and import license trading, they offer a variety of products such as bedsheets, towels, and clothing, mainly for discount retailers. By using surplus or minimally flawed materials, they enhance value through services like dyeing and embroidery, providing quality yet affordable goods.

In 2023, they ventured into apparel production for men and women, focusing on competitive pricing through sustainable sourcing. Their operations span two units in Bhiwandi, Thane—one dedicated to fabric cutting and stitching, the other to quality control and packaging. The company’s strategic location supports efficient logistics for seamless operations.

They specifically deal with import licenses related to the Remission of Duties and Taxes on Export Product (RODTEP) and the Rebate of State and Central Taxes and Levies (ROSCTL). Proceeds from their upcoming IPO aim to fund new embroidery machines, pay down debt, and support general corporate purposes.

You can now apply for the Neelam Linens and Garments (India) IPO on Upstox. Click here.