Opening Date | 25/04/2022 |
Closing Date | 28/04/2022 |
Minimum Quantity | 1600 |
Price Range | 75 – 75 |
(D)RHP | View |
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. The company conducts business through three verticals, consisting of manufacturing of yarn, trading of yarn, and trading of greige and finished fabrics. Le Merite Exports Private Limited's former name was Didwaniya Yarn Exports Private Limited. The company offers a wide range of products such as cotton fabric, towel & bed-sheet fabric, polyester and viscose material, apparel fabric, dyed yarn, etc. The company has two subsidiaries namely Le Merite Filament Private Limited and Le Merite Laxmi Spinning Private Limited.
The company exports its products to domestic and international markets, including 52 countries covering 5 continents.
Competitive Strengths:
Abhishek Lath and Umashankar Lath are the company promoters.
Particulars | For the year/period ended (Rs in Lakhs) | ||||
---|---|---|---|---|---|
31-Dec-21 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | ||
Total Assets | 17,706.95 | 9,202.17 | 5,626.08 | 5,660.48 | |
Total Revenue | 37,087.03 | 26,913.44 | 21,728.00 | 18,093.32 | |
Profit After Tax | 1,586.91 | 705.65 | 314.62 | 112.83 |
The company proposes to utilize the Net Proceeds from the issue towards the following objects:
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