Le Merite Exports Limited
ListedSMEEmerging SME Services · NSE
Incorporated in 2003, Le Merite Exports Private Limited is engaged in the manufacturing and trading of textile products such as cotton yarn, greige fabric, and finished fabric, operating through three business verticals comprising yarn manufacturing, yarn trading, and trading of greige and finished fabrics. Formerly known as Didwaniya Yarn Exports Private Limited, the company offers a diverse product portfolio including cotton fabrics, towel and bedsheet fabrics, polyester and viscose materials, apparel fabrics, and dyed yarn, and operates with two subsidiaries, Le Merite Filament Private Limited and Le Merite Laxmi Spinning Private Limited. The company serves both domestic and international markets, exporting its products to 52 countries across five continents.
Price Band
₹75
Issue Size
₹48.00 Cr
Lot Size
1600 shares
GMP
₹9
+12.0%
Est. Listing
₹84
at current GMP
Subscribed
—
Open
25 Apr 2022
Close
28 Apr 2022
Allotment
5 May 2022
Refund
6 May 2022
Demat Credit
7 May 2022
Listing
9 May 2022
Last updated 12 days ago
Live Grey Market Premium
Le Merite Exports Limited GMP Today
Last updated: 19 Oct 2026
Current Premium
₹9+12.0%
Issue Price (Upper)
₹75
Band: ₹75
Estimated Listing Price
₹84
Upper price + GMP
Lot Size
1600 shares
Min investment ₹1,20,000
Estimated Profit / Lot
₹14,400
1600 × ₹9
Le Merite Exports Limited GMP Historical Trend
GMP History
Grey Market Premium trend
+₹9
▲ 0 today
Updated 1 minute ago
Estimated Listing Price
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹9 | 12.0% | ₹84 |
| 30 Oct 2026 | +₹9 | 12.0% | ₹84 |
| 29 Oct 2026 | +₹8 | 10.8% | ₹83 |
GMP is unofficial market data. Not a guarantee of listing performance.
About Le Merite Exports Limited Public Issue & Market Profile
Le Merite Exports Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹48 Crores. The shares are offered at a price band of ₹75 to ₹75 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Public Issue & Pricing Context:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1600 shares (approx. ₹1,20,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Basis of Allotment & Listing Timeline:
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2022-05-07, while un-allotted funds or UPI block mandates will be released on 2022-05-06.
Frequently Asked Questions
What is Le Merite Exports Limited IPO GMP today?
The latest grey market premium for Le Merite Exports Limited IPO is ₹9, which indicates an expected listing price of ₹84.
What does Kostak Rate and Sauda mean in IPO GMP?
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
Is Grey Market Premium officially recognized?
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.