IPO Trending
LEMERITESME / NSEListed

Le Merite Exports Limited

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.

₹75 - ₹75Open
Listed Price75.00
Listing Gain+0.00%
TimelineFixed Price IPO
Open25 Apr 2022
Close28 Apr 2022
Allotment05 May 2022
Listing09 May 2022

Quota Reservation Portions

Market MakerPortion: 3,36,000 shares
5.25%
Nii (hni)Portion: 30,32,000 shares
47.38%
RetailPortion: 30,32,000 shares
47.38%

Minimum Application Bracket Matrix

Retail1 lots / 1,600 shares
₹1,20,000
HNI2 lots / 3,200 shares
₹2,40,000

About the 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.

Company Promoters

Abhishek LathUmashankar Lath