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Le Merite Exports IPO Details

Issue Open Apr 25, 2022
Issue Close Apr 28, 2022
IPO Price ₹75
Face Value ₹10
IPO Size ₹48.00 Cr
Listing At NSE SME
IPO Lot Size 1600
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Check Le Merite Exports IPO allotment status online by clicking the button below. If you have difficulties finding the Le Merite Exports Limited IPO allotment status, please visit the website of the IPO registrar.

Note: Registrar of the Le Merite Exports IPO is responsible for IPO allotment. Please contact the registrar with any quires related to stock allocation or refund related problems. To understand the allocation of shares for Le Merite Exports Limited IPO, check the 'basis of allotment' document.

Le Merite Exports IPO Allotment FAQs

Sorry. The tentative date of allotment for Le Merite Exports IPO is not available at this time.

Below are the steps to check Le Merite Exports IPO allotment status online:

  • Visit the Le Merite Exports IPO allotment status page.
  • Click on the green Le Merite Exports IPO Allotment Status.
  • Enter either PAN number, Application Number or DP Client ID of the demat account to check the Le Merite Exports IPO allotment status.
  • Click Search.

Note: The disabled button shows that the allotment is not yet available online.

The allotment result looks like as below:

  • PAN No.: AHMLK1898J
  • Application No.: RL041213805307
  • Name: Mr. Rajveer Singh
  • Shares Applied: 40
  • Shares Allotted: 40

The expected listing price of Le Merite Exports IPO depends on many factors including demand, nature of the business, market environment and state of the economy. The Le Merite Exports IPO grey market premium gives some hint but the actual listing price is difficult to guess.

Le Merite Exports IPO allotment status is expected on . Click the green button Le Merite Exports IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If Le Merite Exports IPO oversubscribed in the retail category, the Le Merite Exports IPO shares will be distributed on a proportionate basis to Retail Individual Investors (RII). Each retail investor will get a minimum of 1 lot subject to the availability of shares in the retail portion. If enough shares are not available, a lottery is drawn to choose the investors.

The Le Merite Exports IPO shares will get listed on Monday, May 9, 2022. The equity share of Le Merite Exports Limited will list on NSE SME.

The reason you didn't get the Le Merite Exports IPO could be:

  • IPO become oversubscribed and allotment process is completed through a lottery
  • The IPO application got rejected due to mismatch/incomplete information
  • The issue price is higher than the bid price. (Always apply on cut-off price).

The Le Merite Exports IPO will open for bidding on Apr 25, 2022. The IPO application closes on Apr 28, 2022.