Le Merite Exports IPO Subscription Details

Fixed Price IPO | ₹48 Cr | Listed at NSE SME | Mon, Apr 25, 2022 - Thu, Apr 28, 2022

Basis of Allotment - Le Merite Exports IPO

Details NII Retail Total
Allocation (No. of shares)30,32,00030,32,00060,64,000
Allotment price (Rs.)757575
No.of applications1,06326,05227,115
No.of shares applied4,37,13,6004,16,83,2008,53,96,800
Amount collected (Rs.cr.)327.85 312.62 640.48
No.of times subscribed14.4213.7514.08
No.of shares allotted30,32,00030,32,00060,64,000
Amount (Rs.cr.)22.74 22.74 45.48
No.of allottees5251,8952,420

IPO Shares Offered

Le Merite Exports IPO is a public issue of 0.61 Cr equity shares. The issue offers 0.30 Cr shares to retail investors , 0.30 Cr shares to other investors. The other investors include applicants other than retail i.e. HNI, corporates, institutions, (NII and QIB).

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker3,36,0002.52 5.25%
Other 30,32,00022.74 47.38%
Retail30,32,00022.74 47.38%
Total64,00,00048.00 100%

IPO Subscription FAQs

The Le Merite Exports IPO is subscribed 15.6863 times by Apr 28, 2022 17:00.

Le Merite Exports IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional15.2739
Retail Individual16.0987
Total Subscription15.6863

Retail category of Le Merite Exports IPO subscribed 16.0987 times as of date Apr 28, 2022 17:00. The public issue closes on Thu, 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 15.6863 times by Apr 28, 2022 17:00.

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 May 9, 2022. The equity share of Le Merite Exports IPO 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 OnMonday, April 25, 2022
IPO Closes OnThursday, April 28, 2022
Finalisation of Basis of Allotment[.]
Initiation of Refunds[.]
Credit of Shares to Demat Account[.]
IPO Listing DateMonday, May 9, 2022
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