SME STRONG

Northline Engineering Textiles Ltd

₹91–95 · Lot Size 1600 shares

GMP₹71.5 +75.3%

QIB Subscription131.31x

NII Subscription16.82x

Retail Subscription30.08x

Open Date2026-07-19

Close Date2026-07-22

Allotment Date2026-07-24

Listing Date2026-07-26

Northline Engineering Textiles Ltd is a company operating in the agro processing space, focused on agri commodity processing and cold-chain storage. The issue comprises a mix of fresh issue and offer for sale, with proceeds earmarked for working capital, debt reduction, and general corporate purposes.

Price band: ₹91–₹95 per share · Lot size: 1600 shares.

Subscription so far — QIB: 131.31x, NII: 16.82x, Retail: 30.08x. Grey Market Premium is currently around ₹71.5 (+75.3% over the upper price band).

Subscription has been driven by heavy institutional interest, and the grey market signal points to healthy listing-day demand. Investors should still size the bet according to their own risk appetite rather than chase the premium.

This review is for informational purposes only and is not investment advice. Please read the red herring prospectus and consult a financial advisor before applying.

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