LE MERITE EXPORTS LIMITED

LE MERITE EXPORTS LIMITED

SMEClosed

₹1,20,000(1,600 Shares)

Minimum Investment

IPO Dates

Apr 25, 2022 – Apr 28, 2022

Price Band

₹75–75 per equity share

Lot Size

1600

Listing

May 2, 2022

Listing At

NSE SME

Apr 25, 2022Open DateCompleted
Apr 28, 2022Close DateCompleted
TBAAllotment DateUpcoming
May 2, 2022Listing DateCompleted

LE MERITE EXPORTS LIMITED Live Subscription Details

All IPOs
Retail16.10x
QIB / NII15.27x

Overall Subscription

Total Bids Received

15.69x

LE MERITE EXPORTS LIMITED IPO Issue Details

Issue Price
₹75 Per Equity Share
Face Value
₹10 Per Equity Share
Listing At
NSE SME
Listing Date
May 2, 2022

Company Information

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 bus...

Valuations

RoNW

28.99%

Financial Information (₹ in Crores)

MetricFY 21FY 21FY 20FY 19
Total Assets177.0692.0256.2656.6
Total Revenue370.87269.13217.28180.93
Profit After Tax15.867.053.141.12
Net Worth

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

  1. 1Meeting incremental working capital requirements.
  2. 2General corporate purposes.

LE MERITE EXPORTS LIMITED – Promoter(s)

Abhishek Lath
Umashankar Lath

Contact Details

LE MERITE EXPORTS LIMITED IPO Documents

Frequently Asked Questions — LE MERITE EXPORTS LIMITED IPO

The LE MERITE EXPORTS LIMITED IPO price band is set at ₹75.00 to ₹75.00 per equity share.

The lot size for LE MERITE EXPORTS LIMITED IPO is 1600 shares per lot. The minimum investment amount is approximately ₹1,20,000.

The LE MERITE EXPORTS LIMITED IPO opens on Apr 25, 2022 and closes on Apr 28, 2022.

LE MERITE EXPORTS LIMITED IPO is expected to be listed on May 2, 2022 on NSE SME.

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