Le Merite Exports Ltd IPO |
Registered Office:
B1-104D Boomerang Andheri (W),Chandivali Farm Road Powai
,
Mumbai
-
400072
,
Maharashtra
, India.
Phone :
91-22-28579209 Fax:
Email : compliance@lemeriteexports.com
Website : www.lemeriteexports.com
|
| Public issue of 64,00,000 equity shares of face value of (Rs)10 each ("Equity Shares") of Le Merite Exports Limited (the "Company" or the "Issuer") for cash at a price of (Rs)75 per equity share including a share premium of (Rs)65 per equity share (the "Issue Price"), aggregating to
(Rs)48 crores ("The Issue"), of which 3,36,000 equity shares of face value of (Rs)10 each for cash at a price of (Rs)75 per equity share including a share premium of (Rs)65 per equity share aggregating to (Rs)2.52 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. Net Issue of 60,64,000 equity shares of face value of (Rs)10 each at a cash price of (Rs)75 per equity share including a share premium of (Rs)65 per equity share aggregating to (Rs)45.48 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 27.26% and 25.83%, respectively of the post issue paid up equity share capital of the company.
The face value of the equity share is (Rs)10 and the issue price is 7.5 times of the face value.
Minimum Application of 1600 Equity Shares and Multiples of 1600 Equity Shares thereafter.
|
| Issue |
Money Payable On |
| Opens On |
Closes On |
Application |
Allotment |
| 25-Apr-22 |
28-Apr-22 |
(Rs)75.00-0.00 |
(Rs)0.00-0.00 |
| Minimum Application for shares in Nos :1600 Further Multiples of :1600 |
| |
(Rs Cr) |
Lead Managers to the Issue |
| Project Cost |
45.00 |
|
| Project Financed through Current Offer |
48.00 |
|
| Post Issue Equity Share Capital |
23.48 |
|
| Issue Price |
(Rs)75.00 |
|
|