What we do Neelam Linens and Garments (India) Ltd specializes in manufacturing and trading of soft home furnishings like bed sheets, towels, and garments for global discount retail outlets. |
Founded in 2,010 |
Market share Growing player in soft home furnishing sector with expanding presence in India and international markets like USA and Australia. |
Problem solved Addresses surplus and imperfect fabric utilization by adding value through processing and supplying affordable quality home textiles and apparel. |
Top clients or who we serve Discount retail outlets internationally (USA, Australia, Far East); B2B customers in textile and apparel segments. |
Key management Bhavin Kantilal Jethwa (Managing Director), Janki Bhavin Jethwa (Whole Time Director) |
Our journey and innovations Incorporated in 2010, converted to public company in 2022, listed on NSE SME in 2024, launched in-house fashion apparel in 2023. |
Where we operate India (primary manufacturing), with export markets in USA, Australia, and Far East countries. |
Top products or what we offer Bedsheets, pillow covers, towels, rugs, doher, shirts, and t-shirts under manufacturing and trading segments. |
Top brands Operates under Neelam Linens and Garments brand focusing on affordable home textiles and garments with global reach. |
Raw materials needed Surplus and slightly imperfect fabrics sourced domestically for value-added textile products. |
Raw materials supplier Fabric sourced from domestic Indian markets, including surplus and defective textiles suppliers. |
Recurring vs cyclical contribution Revenue primarily from manufacturing (approx 80%) and trading (approx 20%), combining recurring production and cyclical trading activities. |
Our industry position Emerging textile manufacturing company with growing export presence and expanding retail collaborations internationally. |
Financial highlights FY 2024-25 Revenue: ₹110.43 Cr; Net Profit: ₹2.68 Cr; IPO raised ₹13 Cr for expansion and debt repayment. |
Geographical revenue split 82% revenue from India; 18% from Outside India (USA, Australia, Far East). |
Order book - |
Whats driving growth Expansion into apparel manufacturing, retail international stores, e-commerce collaborations (Amazon, Instagram) and cost optimization. |
Our future plans Opening international retail stores mainly in USA; expanding e-commerce presence; investing in machinery and improving manufacturing capabilities. |
Our green promise - |
Our people and values Strong, motivated workforce with focus on satisfaction and ethical governance underpin sustained growth. |
Key challenges ahead Managing global expansion, cost controls, regulatory compliance, and competitive retail textile environment. |
Interesting facts Company transitioned from private to public status recently and successfully completed an IPO on NSE SME platform. |
Risks and strategy Risks include market competition and regulatory compliance; mitigated through internal controls, audit committees, and governance policies. |
