When does the Le Merite Exports IPO open and close?

The Le Merite Exports IPO opened for bidding on 25 Apr 2022 and closed on 28 Apr 2022. Bids can be placed from 10:00 AM to 5:00 PM IST on each bidding day.

What is the price band of the Le Merite Exports IPO?

The price band of the Le Merite Exports IPO is ₹75 per share. The issue size is ₹324.48 crore.

What is the lot size of the Le Merite Exports IPO?

One lot of the Le Merite Exports IPO is 1,600 shares, and the minimum investment is ₹1,20,000 (one lot at the upper end of the price band). You bid in multiples of one lot.

When is the Le Merite Exports IPO allotment and listing date?

The Le Merite Exports IPO timeline is: basis of allotment on 29 Apr 2022, refunds from 2 May 2022, credit of shares to demat accounts on 2 May 2022, listing on 4 May 2022.

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Le Merite Exports IPO

Le Merite Exports Limited

₹1,20,000/ 1600 shares

Minimum investment

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Le Merite Exports IPO Details

Bidding date

25 Apr - 28 Apr 2022

Price range

₹75 - ₹75

Minimum quantity

1,600

Minimum investment

₹1,20,000

Issue size

₹324 Cr.

Listing exchange

NSE/BSE

Le Merite Exports IPO Dates & Timeline

25 Apr, 2022

Opening date

28 Apr, 2022

Closing date

29 Apr, 2022

Basis of allotment

02 May, 2022

Initiation of refunds

02 May, 2022

Credit of shares

04 May, 2022

Listing date

Le Merite Exports IPO is an initial public offering of LE MERITE EXPORTS LIMITED shares with a price band of ₹75 per share, which was open for bidding from 25 Apr 2022 to 28 Apr 2022. This page gives investors the IPO dates, price band, lot size, subscription status and allotment timeline.

How to Apply for Le Merite Exports IPO: Step-by-Step Guide

Research the IPO:Review the prospectus and company details.
Open accounts:Ensure you have a demat and trading account.
Check dates:Note the IPO opening and closing dates.
Apply online:Log in to your brokerage account and complete the IPO application form.
Make payment:Pay through your linked bank account.
Submit application:Confirm and submit your application.
Track status:Monitor the allotment status and check for shares in your demat account upon listing.