Le Merite Exports Limited IPO Message Board (Page 18)

MRavi sir which 2 sme are good to apply as I have limited funds.
Thanks .

@SHEKHAWAT T,
Out of 5 SME, only Le Merite looks less risk. Please try here one lot and remaining try in main boards IPO's (#1 Rainbow and #2 Campus as per priority). All the best

Thanks

Can anyone please tell tenative timetable for this SME IPO LMEL..?

Basis of allotment 4th May. 2022. Refund. 5th May. 2022. Listing. 9th May. 2022

Thanks

@ God is Great
Iam applying (Le Merite Exports) but limited Quantity

Thanks king vinodji for putting valuable feedback on this counter...we people warmly welcome u...keep posting...thanks

Vivek Pharma SME
Coming soon
Lead Manger Hem Securities
Mostly by First week of May.

Le Merite Ltd
GMP 9

Any member have ritco logistics ? Plz reply

Le Merite Premium per Share. Rs . 13

Thank You Sir for Sharing GMP and keep Update Sir.

Thanks boss

Can anyone pls tell how to check gmp on internet

Comming at 18.15 P/E and Industry avg P/E 24 .

As per DD If we annualize FY22 super earnings and attribute it to the fully diluted post IPO equity capital, then the asking price is at a P/E of 11.09.

Please go through RHP .

Trading heavy business with super earnings due to sectoral tailwinds. Margin contracted 315 Basis Points in Dec'21 quarter alone if we separate Dec'21 quarterly earnings & compare with Sep'21 half yearly earnings (image attached below). Working Capital intensive business even though they claim Asset Light Model, which is only leasing facilities that I believe costs more in the long run. Not much scope on the capacity side from Manufacturing either. I also believe that margin will probably stabilize to FY21 or FY20 levels and wouldn't risk money here.

Check bottomline growth yoy basis.

Than decide to apply or not

Aakash Patil Ji. I am not applying. I am an OPM obsessed guy.

Le merite SBT 12000

Yes its look decent ipo,but for safer side final decision on last day after 2 pm.

Dear wishal.. I think you are very helpful person. Keep it up brother.. Your msgs are becoming helpful for taken right decision for IPOs.

What is latest GMP / Subject 2 rate in this SME ipo ?

Why new allotment rules will only apply to Book Building IPOs and not to Fixed Price IPOs ?

This question need to asked to SEBI.

I think if the new rule is applied to SME Fixed price IPO then there won't be much application on Big HNI category especially for average IPOs . Thus the issuer/company find it difficult to have full subscription. This could be one of the reason which can think of.

In this ipo, new HNI allocation rules will not apply since it is fixed price ipo.
New rules are applicable in book building ipos only. I have already informed this info long back in this forum also when someone asked once regarding new hni rule for sme ipo. This info came in dec 2021 sebi notification itself.
https://www.sebi.gov.in/media/press-releases/dec-2021/sebi-board-meeting_55018.html

Revised allocation methodology for Non Institutional Investors (NIIs):
a.For book built issues opening on or after April 01, 2022, the allocation in the NII category shall be revised as follows.....

@Lokes
Damn man ! Thanks for all the information and direct links.

@IPOExperimenter
The purpose was to stop funding activities which was exorbitantly high. A small HNI quota of even <100cr was sometimes over subscribed by 700-900x. The leverage offered was very high. Investors who were not using leverage were not able to get any allotment. To stop this high leverage activities new rules were introduced.

@bhav: yes, in case of over subscription only....
@IPOExperimenter: they want only real to apply for that particular category means who can really take allotment of 2 lakh and 10 lakh without much worry....and to give more better chances of allotment to small HNI also in 2-10 lakh category with minimum amount blocking and to remove funding thing and too much over subscription as @ipostonks said, due to that smaller HNI's were not getting any benefit even after applying for large amounts in good ipos, now all will have same chances in good ipos in case of over subscription.....else in big HNI category, proportionate they will give remaining shares after giving 10lakh to each if lesser no. of applications....

Are SME IPO VISIBLE ON ZERODHA TO APPLY?

Zerodha allow only NSE SME IPO. not BSE SME.

Thanks bro I understood..

Why I am not able to watch SME IPO ON ZERODHA?

Available lot for Retail : 1895
NII :1895.

SBT 14500

Please respected gentleman
Give your replies will you people
APPLY OR NOT

Campus activeware ipo conformed
26 to 28 april