SMEClosed

LE MERITE EXPORTS LIMITED IPO Subscription Status

📅Offer Date: 25 Apr 2022 – 28 Apr 2022

Minimum investment
₹1,20,0001600 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total15.69x
QIB15.27x
NII15.27x
Retail16.10x

LE MERITE EXPORTS LIMITED IPO was subscribed 15.69x in total when bidding closed on 28 Apr 2022, with 15.27x in the QIB category, 15.27x in NII, 16.10x in retail. The issue ran from 25 Apr 2022 to 28 Apr 2022 at a price band of ₹75.00 per share.

QIB15.27xNII15.27xRetail16.10xTotal15.69x1×

Times subscribed by category against the 1× line.

17
≈ 1 in 17 retail allotment
low allotment chance

Based on retail subscription (16.10x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
Retail30,32,0004,88,15,20016.10x
Total60,64,0009,51,44,16015.69x
QIB / NII30,32,0004,62,98,64015.27x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
Retail22.74366.1116.10x
QIB / NII22.74347.2415.27x
Total45.48713.3515.69x

Values derived from share count × issue price (₹75.00)

What this means for allotment & listing

Because LE MERITE EXPORTS LIMITED closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.

NSE SME listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.

LE MERITE EXPORTS LIMITED IPO subscription FAQs