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Le Merite Exports IPO Date, GMP, Review, Price, Allotment, Analysis Details

Table of Contents

Le Merite Exports IPO date is fixed, The IPO is to open on April 25, 2022 and will close on April 28, 2022. Le Merite Exports Private Limited was incorporated in 2003 based in Mumbai. The company is a manufacturer and trader of textile products. The product range includes cotton yarn, greige fabric, and finished fabric. They are manufacturers of yarn while doing trading of yarn, greige, and finished fabrics. The company becomes one of the leading exporters of yarns & fabrics with an annual top line of more than INR 3200 million.

They are exporting its products to India and International Marketing. They are having international customers in more than 50 countries. The product range includes cotton fabric, towel & bed-sheet fabric, polyester and viscose material, apparel fabric, dyed yarn, etc.

Le Merite Exports is an NSE SME IPO to raise ₹48.00 crores via IPO. The Le Merite Exports IPO price band is fixed at ₹75 with a market lot of 1600 shares. You can check Le Merite Exports IPO subscription status and Le Merite Exports IPO allotment status on their respective pages.

Le Merite Exports

    Le Merite Exports IPO Review

    • May Apply

    Le Merite Exports IPO GMP Live Rates day by day with Kotak rates.

    Date
    GMP
    KostakSubject to
    07 May₹9₹-₹9000
    03 May₹9₹-₹9000
    30 April₹9₹-₹9000
    26 April₹9₹-₹15000
    25 April₹9₹-₹15000
    23 April₹-₹-₹15000
    22 April₹-₹-₹15000
    21 April₹-₹-₹15000
    20 April₹-₹-₹10000
    18 April₹-₹-₹-
    15 April₹-₹-₹-

    Le Merite Exports IPO Date & Price Band

     IPO Open: 25 April 2022
     IPO Close: 28 April 2022
     IPO Size: Approx ₹48.00 Crores
     Face Value:  ₹10 Per Equity Share
     Price Band:  ₹75 Per Equity Share
     Listing on:  NSE SME
     Retail Quota:  50%
     QIB Quota:  -%
     NII Quota:  50%
     DRHP Draft Prospectus:  Click Here
     RHP Draft Prospectus:  Click Here

    Le Merite Exports IPO Market Lot

    The Le Merite Exports IPO minimum market lot is 1600 shares with ₹120,000 application amount.

     IPO Lot Size: Minimum 1600 Shares for 1 lot
     Minimum Amount:  ₹120,000 for 1 lot

    Le Merite Exports IPO Allotment & Listing Dates

    The Le Merite Exports IPO date is 25 April 2022 and the IPO close date is 28 April 2022. The IPO allotment date is 05 May 2022 and the IPO may list on 10 May 2022.

     IPO Open Date: 25 April 2022
     IPO Close Date:  28 April 2022
     Basis of Allotment:  05 May 2022
     Refunds:  06 May 2022
     Credit to Demat Account:  09 May 2022
     IPO Listing Date:  10 May 2022

    Le Merite Exports IPO Form

    How to apply Le Merite Exports IPO? You can apply Le Merite Exports IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Le Merite Exports IPO in the Invest section. The other option you can apply Le Merite Exports IPO via IPO forms download via NSE website. Check out the Le Merite Exports forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.

    Le Merite Exports Company Financial Report

    ₹ in Crores
    RevenueExpensePAT
    2019₹181₹179₹1.13
    2020₹217₹213₹3.15
    2021₹269₹260₹7.06
    2022 6M₹214₹199₹11.18

    Le Merite Exports IPO Valuation – FY2021

    Check Le Merite Exports IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

     Earning Per Share (EPS):  ₹4.13 per Equity Share
     Price/Earning P/E Ratio:  N/A
     Return on Net Worth (RoNW):  28.99%
     Net Asset Value (NAV):  14.25 per Equity Share

    Peer Group

    • Ambika Cotton Mills Ltd
    • Pashupati Cotspin Ltd
    • Shiva Texyarn Ltd
    • Sambandam Spinning Mills Ltd
    • Precot Ltd
    • KPR Mills Ltd

    Company Promoters

    • Abhishek Lath
    • Umashankar Lath

    Le Merite Exports IPO Registrar

    Bigshare Services Pvt Ltd
    Phone: +91-22-6263 8200
    Email: [email protected]
    Website: http://www.bigshareonline.com

    Le Merite Exports IPO Allotment Status

    Check Le Merite Exports IPO allotment status on Bigshare website URL. Click Here

    Le Merite Exports IPO Lead Managers

    • Fedex Securities Limited

      Company Address

      Le Merite Exports Limited
      C B1-104D, Boomerang,
      Chandivali Farm Road, Powai,
      Andheri (East), Mumbai – 400072
      Phone: +022 28579209
      Email: [email protected]
      Website: http://www.lemeriteexports.com/

      Le Merite Exports IPO FAQs

      What is Le Merite Exports IPO?

      Le Merite Exports IPO is an NSE SME IPO. They are going to raise ₹48.00 Crores via IPO. The issue is priced at ₹75 per equity share. The IPO is to be listed on NSE.

      When Le Merite Exports IPO will open?

      The IPO is to open on 25 April 2022 for NII, and Retail Investors.

      What is Le Merite Exports IPO Investors Portion?

      The investors’ portion for QIB is -%, NII is 50%, and Retail is 50%.

      How to Apply the Le Merite Exports IPO?

      You can apply Le Merite Exports IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

      How to Apply the Le Merite Exports IPO through Zerodha?

      Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Le Merite Exports”. 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. Open Demat Account with Zerodha.

      How to Apply the Le Merite Exports IPO through Upstox?

      Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Le Merite Exports”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

      How to Apply the Le Merite Exports IPO through Paytm Money?

      Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Le Merite Exports”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

      What is Le Merite Exports IPO Size?

      Le Merite Exports IPO size is ₹48.00 crores.

      What is Le Merite Exports IPO Price Band?

      Le Merite Exports IPO Price Band is ₹75 per equity share.

      What is Le Merite Exports IPO Minimum and Maximum Lot Size?

      The IPO bid is 1600 shares with ₹120,000.

      What is Le Merite Exports IPO Allotment Date?

      Le Merite Exports IPO allotment date is 05 May 022.

      What is Le Merite Exports IPO Listing Date?

      Le Merite Exports IPO listing date is 10 May 022. The IPO to list on NSE SME.

      Note: The Le Merite Exports IPO details are announced officially. The IPO grey market premium (Le Merite Exports IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)

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