NSE - SMEListed
Le Merite Exports Limited
Company websiteThe company Le Merite Exports Limited has filed papers to raise ₹64,00,000 crore through a public issue. The offering includes a fresh tranche of ₹0 crore and OFS of ₹0 crore.
Investors may apply between 25-04-2022 and 28-04-2022. Expected allotment is on 05-05-2022 and listing is aimed for 09-05-2022. This is a standard structure — fresh capital for growth, OFS for seller liquidity.
Start Date25-04-2022
End Date28-04-2022
Listing Date09-05-2022
Allotment Date05-05-2022
Current Price₹75
GMP₹9 (12.00%)
Lot Size1600 Shares
Subscription0 Times
Face Value₹10 per share
Listing atNSE
Issue Price₹75 - ₹75
Pre Issue₹1,70,81,000
Post Issue₹2,34,81,000
Issue Size₹64,00,000
(aggregating up to 48.00 Cr)
(aggregating up to 48.00 Cr)
Fresh Issue
(aggregating up to 0.00 Cr)
(aggregating up to 0.00 Cr)
Offer For Sale-
The Grey Market Premium (GMP) for Le Merite Exports Limited is currently around ₹9 (12.00%). This indicates an estimated listing price of approximately ₹84 based on the latest market sentiment. Please note that GMP values are unofficial and can change frequently as they depend on demand, market conditions, and investor activity.
Gmp Details
| Last Updated | IPO Price | GMP | Estimated Listing Price |
|---|---|---|---|
07 Apr 2025, 07:35 | ₹75 | ₹9 | ₹84 (12.00%) |
Financials overview in Lakhs
Here is a quick look at the recent financial performance of Le Merite Exports Limited . The numbers below ( in Lakhs ) show how the company’s revenue and profits have changed over the last few years. This helps investors understand how strongly the business is growing and how stable its financial health is before applying for the IPO.
The IPO reservation for Le Merite Exports Limited shows how the total issue is divided among different investor categories. This includes allocations for Retail Investors, Qualified Institutional Buyers (QIBs), and Non-Institutional Investors (NIIs). Understanding the reservation structure helps investors know how much of the issue is set aside for their category before applying.
IPO Reservation
| Category | Shares Offers | No. of Shares |
|---|---|---|
Market Maker | 5.25% | 3,36,000 |
NII (HNI) | 47.38% | 30,32,000 |
RETAIL | 47.38% | 30,32,000 |
TOTAL | 100.00% | 64,00,000 |
Lot(s) Distribution
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
Retail (Min) | 1 | 1,600 | ₹1,20,000 | |
HNI | 2 | 3,200 | ₹2,40,000 |
Below you can find the official contact details of Le Merite Exports Limited along with the registrar handling the IPO process. This information helps investors reach out for queries related to the company or for checking the allotment status and application updates once the IPO process begins.
Company Details
Phone: +022 28579209
Website: http://www.lemeriteexports.com/
Address: C B1-104D, Boomerang, Chandivali Farm Road, Powai, Andheri (East), Mumbai - 400072