IPO Trending
LEMERITESME / NSEListed
Le Merite Exports

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 Price₹75.00
Listing Gain+0.00%

IPO Schedule & Timeline

Fixed Price IPO
Open25 Apr 2022
Close28 Apr 2022
Allotment05 May 2022
Listing09 May 2022

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Market Maker3,36,000 shares
5.25%
Nii (hni)30,32,000 shares
47.38%
Retail30,32,000 shares
47.38%

Minimum Application Lots

Retail1 Lot (1,600 shares)
₹1,20,000
HNI2 Lots (3,200 shares)
₹2,40,000

Company Promoters

Abhishek LathUmashankar Lath

Company Background

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 Li...

Lead Managers & Bankers

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Dec-21)₹37087.03 Cr
Growth+105.0%
Revenue Trend (₹ in Crores)
0.014.2k28.4k42.7kMar-19Mar-20Mar-21Dec-21
PeriodRev (Cr)PAT (Cr)AssetsDebt
Dec-2137,087.031,586.9117,706.950
Mar-2126,913.44705.659,202.170
Mar-2021,728.00314.625,626.080
Mar-1918,093.32112.835,660.480

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Bigshare Services Private Limited

Allotment Finalized
Allotment Date
05 May 2022
Official Status
Out / Finalized
Registrar
Bigshare Services Private Limited
Listing Date
09 May 2022

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Private Limited

Direct allotment verification on the official registrar portal appointed for Le Merite Exports. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization05 May 2022Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date09 May 2022Trading commences on exchange

How to Check Le Merite Exports Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Le Merite Exports from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About Le Merite Exports IPO

Complete issue overview for Le Merite Exports (LEMERITE) IPO. The issue features an equity share price band of ₹75 per share with a minimum retail lot size of 1600 Shares (minimum application amount of ₹1,20,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions