247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Le Merite Exports Limited IPO (Le Merite Exports IPO) Details

Le Merite Exports Limited is an Textiles based company, located in Mumbai, Le Merite Exports Limited IPO size was 48.00 Cr. and was issued at 75.00 per share. The share of Le Merite Exports Limited were listed at 78.75 per share and are currently trading at 296.90 per share.

Type :
Sub Sector :
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
494.49 Cr.

PAT :
21.16 Cr.

Pricing Report

Issue Price :
75.00

Listing Price :
78.75

Current Market Price :
296.90

Issue Price vs CMP :
221.9 (295.87%)

listing Price vs CMP :
218.15 (277.02%)

Performance Report (CAGR* wise)

CAGR : 66.25
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Le Merite Exports

Company Information
Le Merite Exports is an ISO 9001:2015 certified company engaged in manufacturing and trading of textile products namely cotton yarn, greige fabric and finished fabric for domestic and export sales. They deal in diversified product portfolio with capability to supply compact cotton yarn varying from counts NE 16/1 to NE 32/1 & NE 16/2 to NE 32/2 combed carded & double yarn that are used in various forms and for varied end uses. They also export sustainable
Object of Issue
  • Meeting incremental working capital requirements
  • General Corporate Purposes

Le Merite Exports SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
May, 2022
IPO Size :
48.00 Cr.
Market Cap :
176.11 Cr.   
IPO Subscription :
15.69 X     
PE Multiple :
11.09
IPO Registrar:
Bigshare Services Private Limited
Anchor Investors:

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FAQs

Le Merite Exports operates in Textiles and . The Issue is listed on NSE EMERGE in May, 2022. Le Merite Exports IPO size was 48.00 Cr. with Issue price of 75.00 .

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 296.90.

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