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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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Le Merite Exports IPO Subscription Status Live

Le Merite Exports IPO subscribed 15.69 times. The public issue subscribed 16.10 times in the retail category, [.] times in QIB, and 15.27 times in the NII category by Apr 28, 2022.

Investor CategorySubscription (times)
Qualified Institutions[.]
Non-Institutional Buyers15.27
Retail Investors16.10
Employees[.]
Others[.]
Total15.69

Le Merite Exports IPO Subscription Details (times)

DateNIIRetailTotal
Day 1
Apr 25, 2022
0.681.3098.79
Day 2
Apr 26, 2022
1.093.742.41
Day 3
Apr 27, 2022
1.886.874.37
Day 4
Apr 28, 2022
15.2716.1015.69

Le Merite Exports IPO Shares Offered

Le Merite Exports IPO is a public issue of 6,064,000 equity shares. The issue offers 3,032,000 shares to retail investors, 0 shares to qualified institutional buyers, and 3,032,000 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr) Size (%)
NII3,032,00022.7450.00%
Retail3,032,00022.7450.00%
Total6,064,00045.48100%

IPO Investor Categories

  • Qualified Institutional Buyers (QIB)

    Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.

  • Non-Institutional Investors(NII)

    Individual investors, NRIs, companies, trusts, etc who bid for more than Rs 2 lakhs are known as Non-institutional bidders or NII. They need not register with SEBI like QIIs. On 1st May 2022, SEBI introduced a new sub-category as Small NII for applications between Rs 2 lakhs to Rs 10 lakhs.

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.

  • Employee (EMP)

    A category of eligible employees who have a reserved quota in the IPO.

  • Others

    A category of eligible shareholders or other investors who have a reserved quota in the IPO.

Disclaimer: The subscription data is taken from the NSE and BSE websites. They are subject to change on a real-time basis. The subscription data provided are for information purposes only and provided by Chittorgarh.com on an 'AS IS' and 'AS AVAILABLE' basis and without warranty, express or implied. Our website does not guarantee or warrant the accuracy, adequacy, or completeness of the information received through the said websites. Chittorgarh.com holds no responsibility of any kind as regards any discrepancies, errors, omissions, losses, or damages. Chittorgarh.com including its affiliates and any of its directors, and employees, shall not be liable for any loss, or damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of data received. The recipient alone shall be fully responsible / are liable for any decision taken based on such information/data. All recipients should before acting upon the said information make their investigation, and seek appropriate professional advice.

Le Merite Exports IPO Subscription FAQs

The Le Merite Exports IPO is subscribed 15.69 by Apr 28, 2022.

Le Merite Exports IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional[.]
Non Institutional15.27
Retail Individual16.10
Employee Reservations[.]
Others[.]
Total Subscription15.69

Retail category of Le Merite Exports IPO subscribed 16.10 times as of date Apr 28, 2022. The public issue closes on Apr 28, 2022 for bidding.

An investor can apply in Le Merite Exports IPO online via bank (using ASBA) or the broker (using UPI). The Le Merite Exports IPO shares are offered online only.

The Le Merite Exports IPO is subscribed 15.69 by Apr 28, 2022.

The Le Merite Exports IPO allotment status is expected on or around . Visit Le Merite Exports IPO allotment status to check.

The Le Merite Exports IPO listing date is Monday, May 9, 2022. The equity share of Le Merite Exports Limited will list on NSE SME.

Visit Le Merite Exports IPO subscription status page for real-time bidding information about Le Merite Exports IPO.

Le Merite Exports IPO Timetable

IPO Opens OnApr 25, 2022
IPO Closes OnApr 28, 2022
Finalisation of Basis of Allotment
Initiation of Refunds
Credit of Shares to Demat Account
IPO Listing Date