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Le Merite Exports Ltd

Registered Office : B1-104D Boomerang Andheri (W),Chandivali Farm Road Powai,Mumbai Maharashtra 400072 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

Opens On

Closes On

25-Apr-2022

28-Apr-2022

Money Payable On

Application

Allotment

75.00

0.00

Minimum Application for shares in Nos : 1600.0 Further Multiples of : 1600.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

45.00

48.00

23.48

75.00

Fedex Securities Pvt Ltd

Projects

Meeting incremental working capital requirements

General corporate purposes

Promoted By

Abhishek Lath

Umashankar Lath

Listing At

NSE - SME

Registrar to the Issue

Bigshare Services Pvt Ltd