Le Merite Exports IPO

Le Merite Exports IPO
Le Merite Exports IPO

Le Merite Exports Ltd: Le Merite Exports was incorporated in 2003, it is a reputable brand name in the Textile Industry & Renowned for its Trust & Creditability. The company is involved in the manufacturing and trading of textile products. They are manufacturers of yarn while doing trading of finished fabrics, greige, and yarn. You can also check GMP OF IPO for an IPO here only.

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Their brands are promoted throughout India & sold in more than 250 stores & to several reputed garment brands. With $60 million of exports sales, the brands are well established in international markets too. The company has an experienced management team with a proven track record and a dedicated employee base. The company will be launching its brand for 100% Cotton Giza & signature fabric range in near future. International brand tie-up & exclusive marketing arrangements for both India as well as our other country offices are launched soon.

Le Merite Exports Ltd Products: Mainly they are manufacturers of yarn while doing trading of finished fabrics, greige, and yarn. Also, they offer a wide range of products such as towels, polyester and viscose material, cotton fabric, apparel fabric, dyed yarn, bed-sheet fabric, etc.

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Le Merite Exports IPO

Le Merite Exports IPO: Le Merite Exports launching its Initial Public Offering opening on 25th April 2022 and closing on 28th April 2022. This IPO of Approx 6,400,000 Equity Shares of the company with a face value of Rs.10 each with an IPO price of ₹75 Per Share to raise Approx ₹48.00 Crores from the primary offering.

Le Merite Exports IPO Subscription Status (Live Update – Day 4)

CategoryDay 1Day 2Day 3Day 4
NII0.681.091.883.07
RII1.303.746.8710.26
Total0.992.414.376.66

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

DateGMPKostakSubject to
28 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

You can find all the details as well as the price band of this IPO on this page.

 IPO Open:25 April 2022
 IPO Close:28 April 2022
 Issue 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

This IPO’s total size will be Approx ₹48 Crores and the face value for this will be ₹10 Per Equity Share. You can also get the DRHP & RHP Draft documents from the above table.

Le Merite Exports IPO Allotment, Listing & Important Dates

In this table, you will get a clear idea of When an IPO will open & close? allotment date and all important dates related to this IPO.

 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 Lot Size / Market Lot

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

Le Merite Exports Company Details & Financials

Here you will find detailed company analytics as well as financial reports. How well the company has performed in the last few years.

Le Merite Exports 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 Company Financial Reports ( ₹ in Crores )

YearIncomeExpensePAT
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

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

Le Merite Exports IPO Promoter Holding

Pre Issue Share Holding99.99%
Post Issue Share Holding

Le Merite Exports Company Promoter

  • 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

You can check the IPO Allotment Status Very Easily. Click Here and you can check the status from the N/A website.

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