IPO Price History
Closed
LE MERITE EXPORTS LIMITED logo

LE MERITE EXPORTS LIMITED IPO

SME IPOListedLEMERITENSE
Current Market Price (CMP)
₹18.88(-96.28%)
Current Price (CMP)
₹18.88(-96.28%)

Live Market Quote

Listing Price & Gain
₹104.40(-79.41%)

Day 1 Exchange Open

IPO Issue Price
₹507

Band: ₹75

Total Subscription
14.86x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
25 Apr 2022
IPO Bidding Closes
28 Apr 2022
Allotment & Refunds
Completed
Exchange Listing Day
12 Dec 2025

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 14.86x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)0x
Non-Institutional Investors (NII / HNI)0x
Retail Individual Investors (RII)0x
Total Subscription14.86x
Updated as on 28-Apr-2022 17:00:00

Listing Day & Return Performance

Listing Day Gain-79.41%
₹507 (Issue) → ₹104.40 (List)
Per share profit: ₹-402.60
Holding Return (Till Date)-96.28%
₹507 (Issue) → ₹18.88 (CMP)
Net gain per share: ₹-488.12
Post-Listing Performance (Listing Day → Today):-81.92%

About LE MERITE EXPORTS LIMITED IPO

LE MERITE EXPORTS LIMITED is an Indian public offering categorized under the SME (Small and Medium Enterprise) segment. The public issue opened for bidding on 25 Apr 2022 and concluded on 28 Apr 2022, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹75.

During the bidding window, LE MERITE EXPORTS LIMITED witnessed heavy demand with an overall subscription of 14.86 times. Institutional investors (QIB) subscribed —, non-institutional high-net-worth investors (NII) subscribed —, and retail individual investors (RII) bid — their reserved quota.

The equity shares of LE MERITE EXPORTS LIMITED officially debuted on the stock exchanges on 12 Dec 2025 at an opening listing price of ₹104.40, delivering a listing day return of -79.41% (discount) over the final issue price. As per the latest market data, the stock trades at ₹18.88, representing an overall decline of -96.28% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of LE MERITE EXPORTS LIMITED IPO?
The issue price of LE MERITE EXPORTS LIMITED IPO was fixed at ₹507 per equity share. The indicative bidding price band was ₹75.
What were the open, close, and listing dates for LE MERITE EXPORTS LIMITED IPO?
LE MERITE EXPORTS LIMITED IPO opened on 25 Apr 2022, closed on 28 Apr 2022, listed on 12 Dec 2025.
How much was LE MERITE EXPORTS LIMITED IPO subscribed?
The IPO received an overall subscription of 14.86 times. Category-wise, QIBs subscribed —x, NIIs subscribed —x, and Retail investors subscribed —x.
What was the listing price and listing gain of LE MERITE EXPORTS LIMITED IPO?
LE MERITE EXPORTS LIMITED IPO listed on the stock exchange at ₹104.40, delivering a listing discount of 79.41% compared to the IPO issue price of ₹507.
Is LE MERITE EXPORTS LIMITED IPO a Mainboard or SME IPO?
LE MERITE EXPORTS LIMITED IPO is a SME IPO listed on the SME platform of NSE.
What is the current return of LE MERITE EXPORTS LIMITED IPO since its IPO?
At the latest market quote of ₹18.88, LE MERITE EXPORTS LIMITED IPO has generated an all-time return of -96.28% since its initial public offering.

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