Le Merite Exports IPO subscription status is to start on April 25, 2022, Monday. Le Merite Exports is an NSE SME IPO. The IPO is been subscribed by NII and Retail investors. They are going to raise ₹48.00 crores via SME IPO. The IPO price band is fixed at ₹75 with a market lot of 1600 shares. 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. The company reported revenues of ₹269 in 2021 against revenues of ₹217 in 2020. The company’s financial report looks good and profit is also looking good in 2021. Please check the Le Merite Exports IPO subscription status details over here.
IPOWatch View: We recommend investors may apply for an IPO with a short-term & long-term view. Investors should also look at the Retail and HNI numbers before investing. You can check the Le Merite Exports IPO allotment status here.
Le Merite Exports IPO Subscription Status (Live Update – Day 4)
Last Updated – 5:00 PM
| Category | Day 1 | Day 2 | Day 3 | Day 4 |
| NII | 0.68 | 1.09 | 1.88 | 15.27 |
| RII | 1.30 | 3.74 | 6.87 | 16.10 |
| Total | 0.99 | 2.41 | 4.37 | 15.69 |
Le Merite Exports IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
Le Merite Exports IPO Subscription Dates
| 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 IPO Subscription Status FAQs:
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