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Le Merite Exports Limited IPO

Le Merite Exports Limited IPO

IPO Date :
Issue Price :
Allotment Date :
Listing Date :
List Price :
Lot Size:
Subscription:
Listed Price: ₹ 75.00 (+0.00%)

The public market debut of Le Merite Exports Limited's was completed on 09-05-2022 with its listing on the NSE exchange. The IPO process raised 64,00,000 Shares in total capital, consisting of TBD in new equity.

The offering featured a price range of ₹75 to ₹75 and minimum application size of 1600 shares. Investor response during the subscription period from 25-04-2022 to 28-04-2022 influenced the final allotment ratios across investor categories.

Final allotment was announced on 05-05-2022, distributing shares to successful subscribers. The listing established a continuous market for the company's shares, enabling liquidity, valuation transparency, and broader investor participation.

Le Merite IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Le Merite IPO Key Performance Indicator
Company Financials ( in Lakhs )

Le Merite IPO About Company

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, operating through three business verticals comprising yarn manufacturing, yarn trading, and trading of greige and finished fabrics. Formerly known as Didwaniya Yarn Exports Private Limited, the company offers a diverse product portfolio including cotton fabrics, towel and bedsheet fabrics, polyester and viscose materials, apparel fabrics, and dyed yarn, and operates with two subsidiaries, Le Merite Filament Private Limited and Le Merite Laxmi Spinning Private Limited. The company serves both domestic and international markets, exporting its products to 52 countries across five continents.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Le Merite IPO Strength Factors

  1. Experienced Management: Led by a proven leadership team and supported by a dedicated workforce.
  2. Low Capex Model: Operates with low capital expenditure, improving efficiency and returns.
  3. Stable Customer Base: Maintains long-term customer relationships with low concentration risk.
  4. Product Expertise: Deep understanding of optimal product mix and assortment.
  5. Strong Supplier Network: Backed by reliable and well-established suppliers.
  6. Sustainable Diversification: Expanding into organic and eco-friendly textile products.

Le Merite IPO Risk Factors

NA


Le Merite IPO Lead Manager(s)

  • Fedex Securities Private Limited

Le Merite IPO Promoter(s)

Abhishek Lath

Umashankar Lath


Le Merite IPO Company Details

Le Merite Exports Limited
Phone:
address:

Le Merite IPO Registrar

Bigshare Services Private Limited
Name:
Phone:

Le Merite IPO FAQs