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Le Merite Exports Limited IPO Subscriptions Status Live Today

 

Le Merite Exports Limited IPO

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Subscription Details

Le Merite Exports Limited IPO has been subscribed 15.69 times. This IPO is subscribed 15.27 times in NII and 16.10 times in Retail category.

Category

Subscription Value

Qualified Institutional

[.] Times

Non-Institutional

15.27 Times

Retail Individual

16.10 Times

Employee

[.] Times

Others

[.] Times

Total

15.69 Times

Le Merite Exports Limited IPO Subscription Details (Day by Day)
Le Merite Exports Limited IPO is subscribed 15.69 times. 15.27 times in NII category and 16.10 times in Retail category by 28th April 2022.

Date

QIB

NII

Retail

Employee

Others

Total

25 April 2022

-

0.68x

1.30x

-

-

98.79x

26 April 2022

-

1.09x

3.74x

-

-

2.41x

27 April 2022

-

1.88x

6.87x

-

-

4.37x

28 April 2022

-

15.27x

16.10x

-

-

15.69x

Le Merite Exports Limited IPO Shares Offered
Le Merite Exports Limited IPO is offering 60,64,000 equity shares. Category wise offered shares are given below:

Category

Shares Offered

QIB

[.] Equity shares

NII

30,32,000 Equity shares

Retail

30,32,000 Equity shares

Employee

[.] Equity shares

Total

60,64,000 Equity shares

 

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.
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