Neelam Linens IPO shares to debut on NSE SME platform today. Here's what GMP signal
Neelam Linens and Garments is set to debut on the NSE SME platform with an expected 54% premium over its issue price. The company, specializing in home furnishings and apparel, plans to use the IPO proceeds for capital expenditure, debt repayment, and general corporate purposes. The Indian textile industry's projected growth and government incentives position Neelam for potential success.