Le Merite Exports Limited IPO

Le Merite Exports Limited IPO Details, Financials, Subscription Status, GMP & More.

Le Merite Exports Limited Logo
Le Merite Exports Limited IPO Details & Company Portfolio / Business Model: 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 business through three verticals, consisting of manufacturing of yarn, trading of yarn, and trading of greige and finished fabrics. Le Merite Exports Private Limited’s former name was Didwaniya Yarn Exports Private Limited. The company offers a wide range of products such as cotton fabric, towel & bed-sheet fabric, polyester and viscose material, apparel fabric, dyed yarn, etc. The company has two subsidiaries namely Le Merite Filament Private Limited and Le Merite Laxmi Spinning Private Limited..
You can even check more Le Merite Exports Limited IPO’s latest news from this portal. Our target is to keep you up to date on Upcoming IPO information.

Le Merite Exports IPO Details

IPO Opening Date Apr 25, 2022
IPO Closing Date Apr 28, 2022
Issue Type Fixed Price Issue IPO
Face Value ₹10 per equity share
IPO Price ₹75 per equity share
Market Lot 1600 Shares
Min Order Quantity 1600 Shares
Listing At NSE SME
Issue Size 6,400,000 Eq Shares of ₹10
(aggregating up to ₹48.00 Cr)
Retail Shares Offered 50% of the net offer
NII (HNI) Shares Offered 50% of the net offer

Le Merite Exports Limited IPO Prospectus

This post shows all information about Le Merite Exports Limited IPO. You can check more detailed information like company registrar information of this IPO and more information about promoter holdings from this page itself.

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

Date
GMP
Kostak Subject 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 ₹- ₹- ₹-

Company Financial Reports

Summary of financial Information

Year/Period (Rs in Lakhs)
31-Dec-21 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 17,706.95 9,202.17 5,626.08 5,660.48
Total Revenue 37,087.03 26,913.44 21,728.00 18,093.32
Profit After Tax 1,586.91 705.65 314.62 112.83

With the help of the above information, you can figure out company performance over the last few years. You can identify if the company is making profits or losses.

Le Merite Exports IPO Lot Size

The Le Merite Exports IPO market lot size is 1600 shares. A retail-individual investor can apply for up to 1 lot (1600 shares or ₹120,000).

Application Lots Shares Amount (Cut-off)
Minimum 1 1600 ₹120,000
Maximum 1 1600 ₹120,000

This table is essential as it provides you the complete information about the upcoming IPO’s lot size, several shares, and the minimum amount required to apply for this IPO.

Le Merite Exports IPO Promoter Holding

Pre Issue Share Holding 99.99%
Post Issue Share Holding

Company Promoters & Holding

Abhishek Lath and Umashankar Lath are the company promoters.

Company Promoters play a vital role in any company’s success. That’s you need a clear idea about who are the promoters behind this company. You can even check the names given below for a better idea.

Company Registrar & Address

Le Merite Exports IPO Registrar:

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

You can also check the company contact information given below, with the help of this information you can communicate with the company easily.

Company Contact Information:

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/

This is the complete information about the Le Merite Exports Limited IPO. If you have any queries/questions regarding any information provided above then feel free to contact us anytime or leave a comment below.

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

Category Day 1 Day 2 Day 3 Day 4
NII 0.68 1.09 1.88 3.07
RII 1.30 3.74 6.87 10.26
Total 0.99 2.41 4.37 6.66

Le Merite Exports Limited IPO Subscription Status will be updated in the table regularly. Keep visiting this page to get daily latest IPO subscription updates. If this table is not updated then you can request the updates by commenting below. (Updated Frequently)

GMP (Grey Market Premium)

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