|
Le Merite Exports Ltd
|
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 Rs10 each ("Equity Shares") of Le Merite Exports Limited (the "Company" or the "Issuer") for cash at a price of Rs75 per equity share including a share premium of Rs65 per equity share (the "Issue Price"), aggregating to
Rs48 crores ("The Issue"), of which 3,36,000 equity shares of face value of Rs10 each for cash at a price of Rs75 per equity share including a share premium of Rs65 per equity share aggregating to Rs2.52 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 Rs10 each at a cash price of Rs75 per equity share including a share premium of Rs65 per equity share aggregating to Rs45.48 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 Rs10 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.
|
|
|
|
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
|
|
|
|