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Le Merite Exports IPO is a Fixed Price IPO listing on NSE EMERGE exchange. The company is based in Mumbai and caters to Textiles sector. Fedex Securities is the merchant banker of Le Merite Exports IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 2nd February 2022.
Le Merite Exports IPO open date is 25th April 2022 and close date is 28th April 2022. IPO Allotment Date is 30th November -0001 and Listing date is 9th May 2022.
IPO
Size:
₹ 48.00 Cr.
Avg IPO Size (Sector Based)
: ₹
14.53 cr.
Sector: Textiles
SME
IPO so far:
87
Merchant Banker:
Fedex Securities
SME
IPO by BRLM so far:
44
City:
Mumbai
SME
IPO so far:
280
Revenue (annualised):
₹
494.49
cr. 
PE
Ratio:
11.09x
Average Sector PE Ratio: 19.35x
Le Merite Exports IPO size is ₹ 48.00 Cr. with IPO price of ₹ 75.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Fedex Securities Private Limited is the book-running lead manager of the Le Merite Exports IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Rikhav Securities Limited for Le Merite Exports IPO.
Le Merite Exports IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Le Merite Exports IPO, based in Mumbai, operates in the Textiles sector with a focus on Manufacturing and trading of textile products. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Le Merite Exports IPO size is ₹ 48.00 Cr. with fresh issue size of ₹ 48.00 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Le Merite Exports IPO is expected to be 30th November -0001, after the finalization of basis of allotment. Investors can check Le Merite Exports IPO allotment status on the registrars website, Bigshare Services Private Limited. Le Merite Exports IPO refund dates are 30th November -0001.
Le Merite Exports IPO is expected to be listed on 9th May 2022.
The upper price band for the Le Merite Exports IPO is set at ₹ 75.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Le Merite Exports IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Le Merite Exports IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 28th April 2022. After submission, funds are blocked until the basis of allotment of Le Merite Exports IPO is finalised.
The merchant banker for Le Merite Exports IPO is Fedex Securities Private Limited . Fedex Securities Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Le Merite Exports IPO RHP for further details.
The registrar for Le Merite Exports IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Le Merite Exports IPO through their official website or helpline.
Le Merite Exports IPO was subscribed 15.69 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 48.00 Cr.
Avg IPO Size (Sector Based)
:
₹ 14.53 Cr.
Sector: Textiles
SME
IPO so far:
87
Merchant Banker:
Fedex Securities
SME
IPO by BRLM so far:
44
City:
Mumbai
SME
IPO so far:
280
Revenue (annualised):
₹ 493.39 cr.
PE
Ratio:
11.09x
Average Sector PE Ratio: 19.35x
Le Merite Exports IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Le Merite Exports Financial Review Page
Merchant Banker(s) of Le Merite Exports IPO: Fedex Securities Private Limited
Le Merite Exports IPO subscription was 15.69 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Le Merite Exports IPO listed at a listing price of 78.75 against the offer price of 75.00.
The current market price of Le Merite Exports is 309.75.
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