Le Merite Exports Limited IPO Message Board (Page 20)

It seems issue price is little bit high in comparision to current market trend. Will decide on last day

LM is not investor friendly. He thought only about company. Number of shares decreased and issue price fix high. LM play with little investors. Although issue comes under 10 PE. but before the company came with 7400000 shares and IPO size is approx 50 Crs. Then price nearby 65. Now LM play with side company and fix Price 75. Now see subscription and than decide. But company performance better.

Le Merite Exports good and profitable company. It's EPS in 2020--21 around 41. It posted extra ordinary revenue and profit in FY 2022. EPS rs 65 for six months. If annualized than comes to rs 130. After Bonus in 9:1 in Jan 2022. EPS comes to nearby 14. Profit in FY 2022 not disestable. Now waiting for price band. If comes with price band Rs 40--45 than good price IPO. and some thing on table for investors. But in my opinion it's come at price band nearly rs 60. And it is little while costly. Although good company good promoters and better financial records. One can take some risk and apply on any price band. I apply 💯%.please consult your financial advisor before Investment.Thanks.

Price set 74/-

What's your view now sir,
At price band of 75

Anyone have RHP link

This ipo is fresh issue or ofs??

Issue price set 74/-

LM track record is not that great, most of the IPOs listed at par. I think pricing will be important factor.

Check below link
https://www.chittorgarh.com/report/ipo-lead-manager-vs-listing-gain/99/144/

What I meant that usually pricing will be on high end , very less room given to investor.
Obviously this IPO is good and if priced reasonably it is good for investors.

Yes bro,
Price band will be a point let see what's your estimation

RESPECTED EXPERTS, BROTHERS AND SISTERS THREAD MEMBERS...
IS IT POSSIBLE TO GET ALLOTMENT IN RETAIL CATEGORY AGAINST 1 APPLICATION
HAS ANYONE GOT ALLOTMENT 1 AGAINST 1?
PLEASE REPLY...🙏

@Aakash Patil,
Also please go through this below link for more information.

https://www.chittorgarh.com/faq/difference_between_retail_nii_and_qib_investor/13/

Thanks

Thanks sir for your reply

Friends

What is new HNI Rule

Is 3rd party application allowed in NSE SME

@nerajshivhare , It depends upon your bank, more details is available at
https://www.chittorgarh.com/article/3rd-party-ipo-application-from-one-bank-account/537/

Now this is good ipo. Also government has made 0 tax on cotton till September. This is a sure shot Apply.

Yes, looks good. Pricing will be important as well, lets see if what they leave on the table

Pre Issue Equity 17 crores, post issue 25 crores (Approx). Post issue EPS --> Approximately 9. Lets see how this is priced