Le Merite Exports Limited IPO
Le Merite Exports Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹75 per share. The stock debuted at ₹75 with a flat listing performance. The IPO had a lot size of ₹1600 shares and a minimum investment of ₹1,20,000.
Le Merite Exports Limited IPO
- IPO Dates
- Apr 25, 2022 – Apr 28, 2022
- Price band
- ₹75 per equity share
- Minimum Investment
- ₹1,20,000
- Issue size
- 6,400,000 Eq Shares of ₹10(aggregating up to ₹48.00 Cr)
- Lot size
- 1600
- Allotment Date
- May 5, 2022
- Listing
- May 9, 2022
- Listing At
- NSE SME
IPO timeline
-
Apr 25, 2022
Open Date
Completed
-
Apr 28, 2022
Close Date
Completed
-
May 5, 2022
Allotment Date
Completed
-
May 9, 2022
Listing Date
Completed
Le Merite Exports Limited IPO Essentials
Le Merite Exports Limited IPO Details
Le Merite Exports Limited IPO is priced at ₹75 per share with a total issue size of 6,400,000 Eq Shares of ₹10(aggregating up to ₹48.00 Cr). The IPO has a lot size of 1600 shares and is listed on NSE SME.
- Issue price
- ₹75 per equity share
- Lot size
- 1600 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 6,400,000 Eq Shares of ₹10(aggregating up to ₹48.00 Cr)
- Listing at
- NSE SME
- List price
- 75.0
- Listing date
- Registrar
- Bigshare Services Pvt Ltd
- Lead manager
-
Fedex Securities Limited
Le Merite Exports Limited IPO Analytics
Le Merite Exports Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Le Merite Exports Limited IPO Subscription Status
Le Merite Exports Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 3,032,000 | 3,032,000 | 6,064,000 |
|
Day 1
25-04-22 06:00 PM
|
(0.68) x | 1.30 x | 0.99 x |
|
Day 2
26-04-22 06:00 PM
|
(1.09) x | 3.74 x | 2.41 x |
|
Day 3
27-04-22 06:00 PM
|
(1.88) x | 6.87 x | 4.37 x |
|
Day 4
28-04-22 06:00 PM
|
(15.27) x | 16.10 x | 15.69 x |
Le Merite Exports Limited Valuations
Earnings
- EPS (Post IPO)
- ₹3.01/-
- P/E Ratio
- 25
Returns
- RoNW
- 28.99%
Le Merite Exports Limited Financials( In Crs.)
| 31-Dec-21 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
|---|---|---|---|---|
| Assets | 177.06 | 92.02 | 56.26 | 56.60 |
| Revenue | 370.87 | 269.13 | 217.28 | 180.93 |
| Profit After Tax | 15.86 | 7.05 | 3.14 | 1.12 |
Le Merite Exports Limited Company & Offer Insights
About Le Merite Exports Limited
Incorporated in 2003, Le Merite Exports Private Limited is engaged in the manufacturing and trading of textile products such as cotton yarn, greige fabric and finished fabric. The company conducts business through three verticals, consisting of manufacturing of yarn, trading of yarn, and trading of greige and finished fabrics. Le Merite Exports Private Limited's former name was Didwaniya Yarn Exports Private Limited. The company offers a wide range of products such as cotton fabric, towel & bed-sheet fabric, polyester and viscose material, apparel fabric, dyed yarn, etc. The company has two subsidiaries namely Le Merite Filament Private Limited and Le Merite Laxmi Spinning Private Limited.The company exports its products to domestic and international markets, including 52 countries covering 5 continents.
Le Merite Exports Limited Promoter(s)
Abhishek Lath, Umashankar Lath are the company's promoters of Le Merite Exports Limited.
Le Merite Exports Limited IPO Issue Objectives
- •
- Meeting incremental working capital requirements.
- •
- General corporate purposes.
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
Le Merite Exports Limited IPO is a Fixed Priced IPO worth ₹6,400,000 Eq Shares of ₹10(aggregating up to ₹48.00 Cr). The issue price is ₹75 per share (fixed price). The IPO opens on Apr 25, 2022 and closes on Apr 28, 2022. It will be listed on NSE SME Platform. Bigshare Services Pvt Ltd is the registrar.
The issue price of Le Merite Exports Limited IPO is ₹75 per share (fixed price).
The lot size of Le Merite Exports Limited IPO is 1600 shares.
The minimum investment for Le Merite Exports Limited IPO is approximately ₹1,20,000 based on the issue price .
Le Merite Exports Limited IPO opens on Apr 25, 2022 and closes on Apr 28, 2022.
The allotment date of Le Merite Exports Limited IPO is May 5, 2022.
Le Merite Exports Limited IPO is expected to be listed on May 9, 2022, on NSE SME Platform.
Le Merite Exports Limited IPO valuation snapshot: P/E 25, EPS ₹3.01/-, P/B N/A, RoNW 28.99%, and market cap N/A.
To apply for Le Merite Exports Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Le Merite Exports Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Le Merite Exports Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Le Merite Exports Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Le Merite Exports Limited IPO allotment status on IPO Ji for quick and easy access.