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Le Merite Exports Ltd. IPO
NSE SME Fixed Price IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹75
Issue Price
₹75
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹75
GMP based
Lot Size
1,600
shares / lot
Min Amount
₹120,000
1 lot · 1,600 shares
Live Price
tap to chart
Allotment
Important Dates
3/3 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
25 Apr 2022
Mon Completed
Done
Close Date
28 Apr 2022
Thu Completed
TBA
Allotment
TBA
TBA
TBA
Refund
TBA
TBA
TBA
Demat Credit
TBA
TBA
Done
Listing Date
09 May 2022
Mon Completed
UPI Deadline: 28 Apr 2022
Issue Details
Pricing & Size
Issue Price
₹75 Face ₹10
Lot Size
1,600 shares
Min Investment
₹120,000
Total Issue Size
64,00,000 shares (aggregating up to ₹48.00 Cr)
IPO Information
Issue Type
Fixed Price IPO
Sale Type
Fresh Capital
Listing Exchange
NSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
3,36,000 (5.25%)
QIB Portion
-
NII / HNI
30,32,000 (47.38%)
Retail
30,32,000 (47.38%)
Employee
-
Net Offer to Public
60,64,000 shares (aggregating up to ₹45.48 Cr)
Shareholding Pattern
Pre-Issue Shareholding
1,70,81,000 shares
Post-Issue Shareholding
2,34,81,000 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 1,600 ₹1,20,000
HNI / NII 2 3,200 ₹2,40,000
Objects of Issue
2 objectives
1
1 Meeting incremental working capital requirements
34.00 Cr
2
2 General corporate purposes
11.00 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Fedex Securities Pvt.Ltd.
Market Maker
Rikhav Securities Ltd.
IPO Timeline
Open
25 Apr
✓ Done
Close
28 Apr
✓ Done
Allotment
TBA
Listing
09 May
✓ Done
Registrar Details
Bigshare Services Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-6263 8200
Email
ipo@bigshareonline.com
Company Contact
Email
compliance@lemeriteexports.com
Phone
+022 28579209
Address
C B1-104D, Boomerang, Chandivali Farm Road, Powai, Andheri (East), Mumbai, Maharashtra, 400072
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹75
Est. Listing
₹75
Lot Size
1,600 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Le Merite Exports Ltd. LIVE
INR ·
vs Issue
Open
High
Low
Mkt Cap
P/E
52W H
52W L
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| Price
Market Reference
IPO Issue Price
₹75
GMP
+₹0 (+0%)
GMP Est. Listing
₹75
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
NII / HNI (Total) 30,32,000 (47.38%) ₹2,274.00 Cr
Retail Investors 30,32,000 (47.38%) ₹2,274.00 Cr
Total ** 64,00,000 (100.00%) ₹48,000.00 Cr
Market Maker * 3,36,000 (5.25%) ₹25.20 Cr
* Based on ₹75.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
NII
30,32,000 (47.38%)
Retail
30,32,000 (47.38%)
Market Maker
3,36,000 (5.25%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in Lakhs
Metric31-Dec-2131-Mar-2131-Mar-20
Revenue37087.0326913.4421728.00
PAT1586.91705.65314.62
EBITDA
Net Worth
Total Assets17706.959202.175626.08
Reserves
Borrowings
Key Financial Ratios
11.09
Pre P/E
P/E Pre-Issue
About Le Merite Exports Ltd.

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.

The company exports its products to domestic and international markets, including 52 countries covering 5 continents.

Competitive Strengths:

  1. Experienced management team with a proven track record and dedicated employee base.
  2. Low Capex operational model.
  3. Long standing association with low customer concentration.
  4. Deep knowledge and understanding of optimal product assortment.
  5. Strong supplier network.
  6. Diversification into Organic and Sustainable Eco-Friendly Textiles.
Frequently Asked Questions
What is the issue price of Le Merite Exports Ltd. IPO?
The issue price of Le Merite Exports Ltd. IPO is ₹75 per share, face value ₹10.
What is the lot size?
Minimum lot size is 1,600 shares, requiring ₹120,000.
What are the IPO dates?
Opens 25 Apr 2022, closes 28 Apr 2022.
When is the listing date?
Tentative listing: 09 May 2022 on NSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹75 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Le Merite Exports Ltd. IPO

Check on Registrar
Post-IPO Timeline
Listing Date
09 May 2022
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹75
Face ₹10
Lot Size
1,600
shares / lot
Min Amount
₹120,000
1 lot
Est. Listing
₹75
GMP +₹0
Key Dates
Open
25 Apr Done
Close
28 Apr Done
Listing
09 May Done
Registrar
Bigshare Services Pvt.Ltd.
A
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