Le Merite Exports IPO will be Open on 25 April 2022 and c,loses on 28 April 2022. The company has fixed the price of this IPO at ₹75 according to the face value of ₹10. The company will raise ₹48.00 Crores through this IPO under the 6,400,000 Equity Shares public issue. And the offer is 100% Fixed Price Issue. You can check here to know Le Merite Exports IPO GMP and Le Merite Exports IPO subscription status here.
Le Merite Exports Private Limited is engaged in manufacturing and trading of textile products namely cotton yarn, greige fabric and finished fabric. for domestic and export sales. The company diversified product portfolio with capability to supply compact cotton yarn varying from counts NE 16/1 to NE 32/1 & NE 16/2 to NE 32/2 combed carded & double yarn that are used in various forms and for varied end uses. The company also also export sustainable – ecofriendly organic yarn and fabric to international textile and garment manufacturers. The company have became one of the leading exporter of yarns & fabrics with annual top line of more than INR 3200 million.
Company Strengths :
- Experienced management team with a proven track record and dedicated employee base
- Low capex operational model
- Long standing association with low customer concentration
- Deep knowledge and understanding of optimal product assortment and strong supplier network
- Healthy financial performance
- Diversification into Organic and Sustainable Eco-Friendly Textiles
| Read also: Upcoming IPO List 2022 |
Le Merite Exports IPO Review :
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Le Merite Exports IPO GMP Live:
Le Merite Exports IPO GMP Or Grey Market Premium Available Here. The SME IPO GMP Premium updated Day By Day IPOs Running Period and the GMP Rates are Fluctuate and Stable Some times later. (GMP rates are Not 100% Guaranteed)
| Date | GMP | Subject Rate |
| 23 Apr 2022 | ₹-₹ | ₹ |
| 22 Apr 2022 | ₹-₹ | ₹ |
| 21 Apr 2022 | ₹0-₹0 | ₹0 |
| 20 Apr 2022 | ₹0-₹0 | ₹0 |
Le Merite Exports IPO Date & Price Band & Details :
| Issue Offer : | Fixed Price Issue |
| IPO Open : | 25 April 2022 |
| IPO Close : | 28 April 2022 |
| IPO Size : | ₹48.00. Cr |
| Face Value : | ₹10 Rs. Equity Share |
| Price Band : | ₹75 Per Share |
| Listing On : | NSE, SME |
| Issue Size : | ₹48.00. Cr |
| Fresh Issue : | ₹. Cr |
| Offer For Sale : | ₹48.00. Cr |
Le Merite Exports IPO Market Lot :
Le Merite Exports IPO Minimum Market lot is 1 Lot with 1600 shares with ₹120,000 Application amount. The retail investors can apply up to 1 lots with 1600 Shares or ₹120,000 amounts.
| Minimum Lot Size : | 1 Lot |
| Minimum Share : | 1600 Shares |
| Minimum Amount : | ₹120,000 |
| Minimum Lot Size : | 1 Lot |
| Maximum Shares : | 1600 Shares |
| Maximum Amount : | ₹120,000 |
Le Merite Exports IPO Shares Offer :
A Total of 64,00,000 shares are to be bid for the public issue by Le Merite Exports IPO with – for Fresh issue and 64,00,000 for offer for sale – Shares.
| Category | Shares Offer | Amount |
| Fresh issue : | ₹ | |
| Offer For Sale : | 64,00,000 | ₹48.00 Cr |
| Total : | 64,00,000 | ₹48.00 Cr |
Le Merite Exports IPO Reservation :
Le Merite Exports IPO Total Reservation of 64,00,000 shares are to be bid for the public issue by Le Merite Exports IPO with – for QIB and 30,32,000 for NII 30,32,000 For RII & – Shares EMP.
| Category | Reservation | Shares | Amount |
| QIB : | % | – | ₹ |
| NII : | 50% | 30,32,000 | ₹22.74 Cr |
| RII : | 50% | 30,32,000 | ₹22.74 Cr |
| MMRP : | – % | 3,36,000 | ₹2.52 Cr |
| Total : | 100% | 64,00,000 | ₹48.00 Cr |
Le Merite Exports IPO Dates :
Le Merite Exports IPO Date is 25 April 2022 and closes on 28 April 2022. The allotment will be finalized on 04 May 2022 and the IPO may list on 09 May 2022.
| Issue Open Date : | 25 April 2022 |
| Issue Close Date : | 28 April 2022 |
| Allotment Date : | 04 May 2022 |
| Refund Date : | 05 May 2022 |
| Share Credit Date : | 06 May 2022 |
| Listing Date : | 09 May 2022 |
Le Merite Exports IPO Form :
There are two ways to apply in Le Merite Exports IPO. You can apply for Le Merite Exports IPO through ASBA available in your bank account. You have to go to your online bank login and select Le Merite Exports IPO in the Invest section and apply through your bank account. Another option is you can apply Le Merite Exports IPO through IPO form download through NSE and BSE. See the Le Merite Exports IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Le Merite Exports Company Financial Report (lakh) :
| Year | Revenue | Expense | PAT |
| 2021-9M | ₹37,087.03 | ₹34,969.18 | ₹1,586.91 |
| 2021 | ₹26,913.44 | ₹25,977.10 | ₹705.65 |
| 2020 | ₹21,728.00 | ₹21,296.94 | ₹314.62 |
| 2019 | ₹18,093.32 | ₹17,933.07 | ₹112.83 |
Company Promoters :
■ Abhishek Lath
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
Le Merite Exports IPO Lead Managers :
■ Fedex Securities Limited
Le Merite Exports IPO Registrar :
Bigshare Service Private Limited
1st Floor, Bharat Tin Works Building, Club House Road,
Opp. Vasant Oasis, Makwana Road,
Marol, Andheri (East), Mumbai 400059
Tel No.: 022 6263 8200
Email: [email protected]
Website: www.bigshareonline.com
Note: Check Le Merite Exports IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Le Merite Exports Limited
B1-104D, Boomerang, Chandivali Farm Road,
Powai, Andheri (East),
Mumbai – 400072
Maharashtra, India
Tel No: 022 28579209
Email: [email protected]
Website: www.lemeriteexports.com
Le Merite Exports IPO FAQs :
What is Le Merite Exports IPO?
Le Merite Exports IPO is SME IPO. They are going to raise ₹48.00. Crores via IPO. The issue is priced at ₹75 per equity share. The IPO to be listed on NSE, SME.
When Le Merite Exports IPO will open?
The IPO is to open on 25 April – 28 April for QIB, NII & RII.
What is Le Merite Exports IPO Size?
Le Merite Exports IPO size is ₹48.00 Crores.
What is the Fresh issue size of Le Merite Exports IPO?
The Fresh issue size of Le Merite Exports IPO ₹0 Cr.
What is the Offer For Sale size of Le Merite Exports IPO?
The Offer For Sale size of Le Merite Exports IPO ₹48.00 Cr.
What is Le Merite Exports IPO Price Band?
Le Merite Exports IPO Price Band is ₹75 Per share.
What is Le Merite Exports IPO Minimum and Maximum Lot Size?
The minimum bid is 1600 Shares with ₹120,000 amount while the maximum bid is 1600 shares with ₹120,000.
What is Le Merite Exports IPO Investors Portion?
The investors’ portion for QIB 0%, NII 50%, RII 50%.
What is Le Merite Exports IPO Allotment Date?
Le Merite Exports IPO allotment date is 04 May 2022.
What is Le Merite Exports IPO Listing Date?
Le Merite Exports IPO listing date is 09 May 2022. The IPO to list on NSE, SME.
How to Apply the Le Merite Exports IPO through Zerodha?
“NSE SME IPO is Not Apply in Zerodha”.Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Le Merite Exports IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Le Merite Exports IPO through Upstox?
“NSE SME IPO is Not Apply in Upstox”.Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Le Merite Exports IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Le Merite Exports IPO through Groww?
“NSE SME IPO is Not Apply in Groww”.Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Le Merite Exports IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Le Merite Exports IPO through Paytm Money?
“NSE SME IPO is Not Apply in Paytm Money”.Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Le Merite Exports IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Le Merite Exports GMP: Click Here Le Merite Exports Subscription: Click Here Le Merite Exports Allotment: Click Here Le Merite Exports Listing: Click Here |
All Le Merite Exports IPO-related links are available here. If you want to know the details then click on Click Here Link.
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