Le Merite Exports IPO Details


LMEL incorporated in 2003 by its promoters having textile knowledge & background of 5 decades. LMEL main objective was to extend their product line to international customers. In a span of a decade; company have became one of the leading exporter of yarns & fabrics with annual top line of more than INR 3200 million.

Holding a bachelors degree in commerce, Mr. U.S.Lath was selected for a ranji trophy for his excellence in cricket. But thanks to family demands, he chooses to be a part of a family business of spinning, weaving, seizing, processing. Mentoring to start exports, he holds the chairmanship of our company.



    Le Merite Exports IPO Date, Price & Offer Details

    Le Merite Exports IPO will be open on 25-04-2022 and will close on 28-04-2022. The following table provides all the information related to Le Merite Exports IPO including the date, price and offer details of Le Merite Exports IPO

    Le Merite Exports IPO Date, Price & Offer Details
    Issue Open 25-04-2022
    Issue Close 28-04-2022
    Allotment Date 03-05-2022
    Unblocked Amount 04-05-2022
    Credit Demat Amount 04-05-2022
    Listing Date 05-05-2022
    Issue Size
    64,00,000 Total Equity Share
    Issue Size ₹ 48.00 Cr
    IPO Price Band ₹ 75 Per Equity Share
    Minimum Share Bid 1600
    Minimum Investment Amount [₹]  ₹ 1,20,000
    Face Value ₹ 10 Per Equity Share
    Qualified Institutional Buyer [QIB] 50 %
    High Networth Individual [HNI] 0 %
    Retail Individual Investor [RII] 50 %
    Listing On NSE

    Le Merite Exports Company Financial Report (₹ in Cr)

    As per we are checking Le Merite Exports company financials report and we are displaying report data as shown in below table.

    Le Merite Exports Company Financial Details (₹ in Cr)
    Financial Year Total Asset Total Revenue Total Expenses Profit After Tax
    FY-2019 56.60 180.93 179.33 1.12
    FY-2020 56.26 217.28 212.96 3.14
    FY-2021 92.02 269.13 259.77 7.05
    30-09-2021 147.21 213.85 198.93 11.18
    Read More :- Le Merite Exports IPO GMP

    Le Merite Exports Company Valuation Details

    As per we check Le Merite Exports company financials report and we display company valuation report data as shown in below table

    Le Merite Exports Company Valuation Details
    Earnings Per Share [EPS] ₹ 4.13
    Price/Earnings [P/E] Ratio 44.73
    Return on Net Worth [RoNW] 28.99 %
    Net Asset Value [NAV] ₹ 14.25 Per Share

    Le Merite Exports IPO Rating

    As per Le Merite Exports company financials report, Le Merite Exports company RoNW is 28.99 % and NAV is around 14.25 as per FY21 earning. As per we check Le Merite Exports company financials report then after LiveIPO team are recommended for "Apply" rating for Le Merite Exports.

    Le Merite Exports IPO Rating
    LiveIPO Apply
    Hem Security -
    Read More :- Le Merite Exports IPO Allotment Status

    Le Merite Exports IPO Share Lot Size

    The share price of Le Merite Exports IPO is ₹-. So in Le Merite Exports IPO Minimum share lot is 1 lot with a 1600 share with an application amount of ₹1,20,000. And in retail category you can apply for a Maximum share lot is 1 lot with a 1600 share with an application amount of ₹1,20,000.

    Le Merite Exports IPO Share Lot Size
    Apllication Lot Size Shares Total Amount
    Minimum 1 1600 1,20,000
    Maximum 1 1600 1,20,000
    Read More :- Investment Call

    Le Merite Exports IPO Share Offer

    A total number of - shares have been offered in this public issue of Le Merite Exports Ipo, out of this total share - shares have been allotted for Fresh Issue and another - shares are to be offered for (OFS) offer for sale.

    Le Merite Exports IPO Share Offer
    Category Share Offer Amount
    Fresh Issue: 64,00,000 48 Cr
    Offer For Sale: - -
    Total: 64,00,000 48 Cr
    Read More :- Upcoming IPO List

    Le Merite Exports IPO Related Link
    Le Merite Exports IPO GMP
    Le Merite Exports IPO Subscription
    Le Merite Exports IPO Allotment Status

    Le Merite Exports IPO Subscription Details

    Le Merite Exports Company has been issued total - shares through this IPO, a total 64,00,000 shares have been reserved for market movers for subscriptions as per the prospect report, and a total of - shares have been offered in QIB category and a total of - shares have been offered in RII.

    Le Merite Exports IPO Subscription Details
    As on Date QIB RII Total
    Shared Offered 30,32,000 30,32,000 60,64,000
    Day-1
    [25-04-2022]
    20,49,600
    [0.67]
    39,40,800
    [1.29]
    59,90,400
    [0.98]
    Day-2
    [26-04-2022]
    33,00,800
    [1.09]
    1,13,40,800
    [3.74]
    1,46,41,600
    [2.41]
    Day-3
    [27-04-2022]
    57,05,600
    [1.88]
    2,08,20,800
    [6.87]
    2,65,26,400
    [4.37]
    Day-3
    [28-04-2022]
    4,63,10,400
    [15.27]
    4,88,11,200
    [16.1]
    9,51,21,600
    [15.69]

    Le Merite Exports IPO Listing Details

    Le Merite Exports IPO has been listed on 05-05-2022. On the below table we are providing all the listing details with target price and stop loss.

    Le Merite Exports IPO Listing Details
    Listing Date 05-05-2022
    BSE Code -
    NSE Code -
    ISIN Code -
    IPO Price ₹ 75
    Lot Size 1600
    Expected Listing Price ₹ - ₹ -
    Book Profit ₹ -
    Stop Loss ₹ -
    Listing Group -
    - -

    Le Merite Exports IPO GMP, Grey Market Premium

    In the below table we are providing the latest rate of Le Merite Exports IPO GMP, Kostak Rate, Subject to Sauda, Listing Gain and Rating of this Le Merite Exports IPO.

    Le Merite Exports IPO Grey Market Premium
    Le Merite Exports IPO Grey Market Premium

    Le Merite Exports IPO Allotment Status

    Le Merite Exports IPO Allotment will be available on below link so click on below link and check your Le Merite Exports IPO Allotment Status.

    Le Merite Exports IPO Allotment Status
    Le Merite Exports IPO Allotment Status
      Le Merite Exports IPO Live Subscription
    Le Merite Exports IPO Subscription in NSE
    Le Merite Exports IPO Prospectus
    Le Merite Exports IPO DRHP
    Le Merite Exports IPO RHP

    Le Merite Exports Company Contact Details

    LE MERITE EXPORTS LIMITED
    B1-104D, Boomerang,
    Chandivali Farm Road,
    Powai, Andheri (East),
    Mumbai - 400072,
    Maharashtra.
    Tel No.:022 28579209

    Le Merite Exports IPO Registrar

    BIGSHARE SERVICES PRIVATE LIMITED
    1st Floor, Bharat Tin Works Building,
    Club House Road,
    Opp. Vasant Oasis, Makwana Road,
    Marol, Andheri (East), Mumbai 400059
    Tel No.: 022 6263 8200
    Contact Person: Mr. Swapnil Kate
    SEBI Registration No.: INR000001385.

    Le Merite Exports IPO Lead Managers

    FEDEX SECURITIES PRIVATE LIMITED
    B 7, 3rd Floor, Jay Chambers,
    Dayaldas Road, Vile Parle (East),
    Mumbai – 400057, Maharashtra, India
    Tel No: +91 81049 85249
    E-mail: mb@fedsec.in
    Website: www.fedsec.in
    Contact Person: Yash Kadakia
    SEBI Registration Number: INM000010163
    Investor Grievance E-mail: mb@fedsec.in

    Le Merite Exports IPO FAQs

    What is the Le Merite Exports IPO?
    Le Merite Exports IPO is the Main Board IPO of 64,00,000 equity shares of the face value of ₹10 aggregating up to ₹48 Crores. The issue is priced at ₹75 per equity share. The minimum order quantity is 1600 Shares.

    Who is the registrar company of Le Merite Exports IPO?
    BIGSHARE SERVICES PRIVATE LIMITED is the registrar company of Le Merite Exports IPO.

    When is the Le Merite Exports IPO Opening date?
    The Le Merite Exports IPO Opening on 25-04-2022

    When is the Le Merite Exports IPO Closing date?
    The Le Merite Exports IPO Closing on 28-04-2022

    When is the Le Merite Exports IPO allotment date?
    The Le Merite Exports IPO Allotment will be done on 03-05-2022

    Le Merite Exports IPO Allotment Status

    On what date will the Le Merite Exports IPO amount be refunded?
    Le Merite Exports IPO will refund the amount on 04-05-2022

    On which date Le Merite Exports IPO Shares will be credited to the demat account?
    The Le Merite Exports IPO Shares will be credited to your demat account on 04-05-2022.

    When is the Le Merite Exports IPO listing date?
    The Le Merite Exports IPO listing date is on 05-05-2022.

    What is the Le Merite Exports IPO Price Band?
    Le Merite Exports IPO Price Band is ₹75  per equity share.

    What is the lot size of the Le Merite Exports IPO?
    Le Merite Exports IPO the minimum bid is 1600 Shares with ₹1,20,000 amount and maximum bid is - shares with ₹1,20,000.

    What is the expected Le Merite Exports IPO Listing Price?
    As Per Grey Market Premium (GMP) and Market view we are expected to listing Le Merite Exports IPO is around ₹ - to ₹ -

    What is the Le Merite Exports IPO Expected Returns?
    As per Grey Market Premium (GMP), Le Merite Exports IPO Expected Returns is -% .

    What is the NSE and BSE Code for the Le Merite Exports IPO?
    The Le Merite Exports IPO NSE Code is - and the BSE Code is -.

    What is the stop loss in the Le Merite Exports IPO?
    If the Le Merite Exports IPO goes below - then sell the Le Merite Exports IPO.

    What will i do in Le Merite Exports IPO?
    If the Le Merite Exports IPO listing above - then sell the Le Merite Exports IPO and book profit.

    How to check Le Merite Exports IPO Allotment Status?
    Below we are provide all the step how to check Le Merite Exports IPO allotment online

    • Go to the Le Merite Exports IPO Allotment Status Link
    • Click on Click Here button
    • Select Le Merite Exports IPO
    • Enter your details (PAN Number, Application Number, DP Client ID)
    • Click Search Button
    • After Click on Search button you will be able to see allotment status
    • How to Apply the Le Merite Exports IPO?
    • You can apply for the Le Merite Exports IPO using ASBA online through your internet banking.
    • You can also apply for the Le Merite Exports IPO via your stock brokers’ office by filling up the offline application form and submitting  it to your Bank.

    Disclaimer:-

    • I request all investors, before applying for any IPO, please check the fundamentals and financial condition of the company and then applying to any IPO.
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