Le Merite Exports Limited IPO - Review, Status, Price, Open Date, Allotment, Lot Size

 

Le Merite Exports Limited IPO

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Le Merite Exports Limited IPO Details

Issue Open

25 April 2022

Issue Close

28 April 2022

IPO Price

₹75 per equity share

Face Value

₹10 per equity share

IPO Size

₹48 Cr.

Listing At

NSE SME

IPO Lot Size

1600 Shares

Le Merite Exports Limited IPO Lot Size
Market lot size of the Le Merite Exports Limited IPO is 1600 shares. An investor can apply for up to 1 lot (1600 shares) as maximum and minimum order limit is same:

Application

Lots

Shares

Amount

Minimum

1

1600

₹1,20,000

Maximum

1

1600

₹1,20,000

 

Frequently Asked Question

Pre-issue shareholding of the Le Merite Exports IPO promoter is 99.99%.
Per share price of Le Merite Exports IPO is ₹75.
Lot size of the Le Merite Exports IPO is 1600 shares.
Closing date of Le Merite Exports IPO is April 28, 2022.
IPO application is an online process by using UPI or ASBA as payment method. ASBA IPO application is already available in the net banking of your respective bank account and UPI application is offered by your Stock broker, you can invest in Le Merite Exports IPO using any one of these method as per your convenience.
Opening date of Le Merite Exports IPO is April 25, 2022.
Minimum and maximum order quantity is same i.e., 1 lot only.
Le Merite Exports Limited is engaged in the manufacturing and trading of Textile Products. In just a span of a decade, LMEL has become one of the leading exporters of yarns and fabric with annual top line of ₹3200 million.
Le Merite Exports Shares will get listed at NSE SME.
If you do not get the allotment of Le Merite Exports shares, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.