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LISTEDSME

Le Merite Exports IPO

Open 25th Apr 2022 · Close 28th Apr 2022 · Listing 9th May 2022

Price BandTBA
Live GMP₹9.00
Subscription15.69×
Issue Size₹48.00 Cr
AllotmentNO DATA

At a glance

Updated 2026-09-01

Le Merite Exports is a SME IPO with an issue size of ₹48.00 crore, proposed for listing on NSE SME. The offer opens on 25th Apr 2022 and closes on 28th Apr 2022. The issue structure includes a fresh issue of ₹45.48 crore.

Issue details

Listing atNSE SME
Issue typeFixed Price Issue
Issue size₹48.00 Cr
Fresh issue₹45.48 Cr
Face value₹10
Price band—–—
Listing9th May 2022

Grey market

GMP page ↗
Latest GMP₹9.00
GMP / upper priceNO DATA
Est. listing₹84.00
GMP is unofficial sentiment data, not an exchange price.

Timeline

Opens25th Apr 2022
Closes28th Apr 2022
Listing9th May 2022

Subscription demand

Full bidding ↗
Total15.69×

Lot size

InvestorLotsSharesAmount
Minimum Bid11600

Company

Incorporated2003

Use of proceeds

ObjectAmount
Meeting incremental working capital requirements₹34.00 Cr
General corporate purposes₹11.00 Cr

31 Mar 2019

Assets56.60
Total Income180.93
EBITDA4.37
Profit After Tax1.13
NET Worth14.14
Reserves and Surplus12.43
Total Borrowing37.63

31 Mar 2020

Assets56.26
Total Income217.28
EBITDA6.38
Profit After Tax3.15
NET Worth17.29
Reserves and Surplus15.58
Total Borrowing28.99

31 Mar 2021

Assets92.02
Total Income269.13
EBITDA10.44
Profit After Tax7.06
NET Worth24.34
Reserves and Surplus22.63
Total Borrowing54.00

31 Dec 2021

Assets177.07
Total Income370.87
Profit After Tax15.87
NET Worth40.21
Reserves and Surplus38.50
Total Borrowing94.02
Trend chart₹ crore

KPIs

KPI
ROE
ROCE
RoNW
EBITDA Margin

Valuation & shareholding

Pre-IPO EPS41.31
Pre-IPO P/E11.09
Promoter holding pre99.99%
Promoter holding post72.74%
Market cap₹176.11 Cr.

Issue expenses

ExpenseAmount
Lead Manager Fees including Underwriting Commission₹0.26 Cr
Brokerage, Selling, Commission and upload fees₹0.05 Cr
Registrar to the Issue₹0.01 Cr
Legal and Other Advisory Services₹0.24 Cr
Advertising and marketing Expenses₹0.80 Cr
Regulators including Stock Exchange₹0.08 Cr
Printing and Distribution of issue stationery₹0.03 Cr
Others, if any (Market making, depositories, marketing fees etc.)₹1.54 Cr

Registrar & lead managers

Registrar

Bigshare Services Pvt.Ltd.

Lead managers

  • Fedex Securities Pvt.Ltd.

Offer documents

Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-01.