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April 25, 2022 - April 28, 2022

Le Merite Exports IPO Review & Recommendations

Dilip Davda has given "May Apply" recommendation to Le Merite Exports IPO.

Le Merite Exports IPO Review Summary from brokers and analysts

Review By Apply May Apply Neutral Avoid Not Rated
Count 0 1 0 0 0
% 0.00 100.00 0.00 0.00 0.00

Le Merite Exports IPO Analysis By Brokers/Analysts

Reviewer Recommendation Past Reviews
Dilip Davda May Apply

Le Merite Exports IPO Review by Dilip Davda (May apply)

[Dilip Davda]  The company is largely doing trading in textile products with third-party contracts. Its major earnings are from exports. Rising margin earnings shown by it over the last three fiscals are surprising and raise eyebrows. In the context of its recent super earnings, its valuations are at the optimum level. The sustainability of such a margin going forward is a major concern. Dependency on third party contracts poses major risks. Government policy on trade with China, and recent clashes with Turkey pose threats for its export earnings. Cash surplus risk seekers may consider parking funds for the medium to long term. Read detail review...


Le Merite Exports IPO Review by Members

Le Merite Exports IPO Reviews, analysis and views by popular members. Read Le Merite Exports Limited IPO reviews by retail investors to find recommended ipo to buy.

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Le Merite Exports IPO Review Summary by Members

Review By Apply May Apply Neutral Avoid
Count 15 0 3 1
% 78.95 0.00 15.79 5.26
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Member Review
Aakash Patil

Apply for Short Term at Cut-off Price

Strong financials

April 23, 2022 11:49:23 AM
Bhumika

Apply for Listing Gain at Upper Price Band

Financial are good

April 25, 2022 11:01:50 AM
eVA
IPO Guru IPO Guru (1300 Posts, 1900+ Likes)

Neutral

If I don't see listing gain then I may skip, i will think to get 1 lot allotment if HNI subscription is more than 5X at least

April 24, 2022 9:19:24 AM
GOEL STOCK LINK

Apply for Listing Gain at Upper Price Band

price is reasonable, profit gain on listing or long term as per your risk.
I think listing price above 100/-

April 26, 2022 12:23:05 PM
i For IPO ☑️
IPO Mentor IPO Mentor (500+ Posts, 700+ Likes)

Apply for Long Term at Upper Price Band

Growth Stock And PLI For Cotton. Heavy Demand

April 25, 2022 11:00:54 AM
IPO Lover Rjkt

Apply for Short Term at Cut-off Price

Fundamental strong

April 26, 2022 1:02:15 PM
ipo stonks
Top Contributor Top Contributor (200+ Posts, 200+ Likes)

Apply for Listing Gain at Cut-off Price

On the macro level textile industry is in a sweet spot. Incentives from government and demand for textile will push the whole industry ahead. And going by the financials the promoters of this company are doing great. But they will need to prove it going forward too. So, for listing gains it is very good, long term one has to be skeptical.

April 23, 2022 1:12:17 PM
JAI MATA DI
IPO Mentor IPO Mentor (700+ Posts, 500+ Likes)

Apply for Long Term at Cut-off Price

Export house. Good financial track record. Good profit and margins.price Little bit high but give listing gain. And best for long term. Subscribe. This is my personal view. Please ask your financial advisor before investment. Thanks

April 23, 2022 12:47:56 PM
Jsr

Apply for Listing Gain at Cut-off Price

Apply

April 24, 2022 2:28:03 PM
KDKing🤴

Neutral

Because of the Size of this SME IPO, I am neutral on this SME, also issue asking price is a little on the higher side.

April 23, 2022 2:54:03 PM
Monster Zero
IPO Guru IPO Guru (3100+ Posts, 2800+ Likes)

Apply for Long Term at Upper Price Band

Business model seems good and past financial history seems stable even through hard times. Overall a good company, So apply.

April 28, 2022 1:08:21 PM
Ramakrishnan

Apply for Long Term at Upper Price Band

Strong financials

April 26, 2022 8:01:54 AM
SARIT

Apply for Listing Gain at Upper Price Band

Decent GMP & strong financial.

April 24, 2022 9:48:38 AM
satheesh Kumar

Apply for Listing Gain at Cut-off Price

Issue looks good.Apply for listing gain

April 26, 2022 7:20:51 PM
SHEKHAWAT T

Avoid

Financials for last 3 year

April 23, 2022 6:01:16 PM
Shravan Kumar tulsiyan

Apply for at

Very good issue

April 23, 2022 5:40:45 PM
Subject to sauda

Apply for Listing Gain at Cut-off Price

Co profit is good.....one can invest for short to long term....

April 25, 2022 5:22:33 PM
Visamp

Apply for Listing Gain at Upper Price Band

Best to apply

April 25, 2022 5:18:33 PM
VKanna

Neutral

subject to rates keep declining, which is not stable from 16000, it came to 9000.

April 27, 2022 10:04:42 AM

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