Merritronix Limited IPO
Merritronix Limited is a BSE SME IPO listed on the BSE SME platform, priced at ₹141–₹149 per share. The stock debuted at ₹283.1, delivering a listing gain of 90.0%. The IPO had a lot size of ₹1000 shares and a minimum investment of ₹2,98,000.
Merritronix Limited IPO
- IPO Dates
- Jun 1, 2026 – Jun 3, 2026
- Price band
- ₹141-149 per equity share
- Minimum Investment
- ₹2,98,000
- Issue size
- ₹70.03 Cr
- Lot size
- 1000
- Allotment Date
- Jun 4, 2026
- Listing
- Jun 8, 2026
- Listing At
- BSE SME
IPO timeline
-
Jun 1, 2026
Open Date
Completed
-
Jun 3, 2026
Close Date
Completed
-
Jun 4, 2026
Allotment Date
Completed
-
Jun 8, 2026
Listing Date
Completed
Merritronix Limited IPO Subscription Details
View Subscription DetailsMerritronix Limited IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.
Last updated:Merritronix Limited IPO Essentials
Merritronix Limited IPO Details
Merritronix Limited IPO is priced at ₹141-149 per share with a total issue size of 70.03 crore. The IPO has a lot size of 1000 shares and is listed on BSE SME.
- Issue price
- ₹141-149 per equity share
- Lot size
- 1000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 47,00,000 shares(agg. up to ₹70.03 Cr)
- Total issue size
- 47,00,000 shares
(aggregating up to ₹70.03 crore) - Fresh issue
- 47,00,000 shares
(aggregating up to ₹70.03 crore) - Listing at
- BSE SME
- List price
- 283.1
- Listing date
- Registrar
- Bigshare Services Pvt Ltd
- Lead manager
-
GYR Capital Advisors Pvt.Ltd.
Market Lot Size
Investors can bid for a minimum of 2,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual (min) | 2 | 2,000 | ₹2,98,000 |
| Individual(max) | 2 | 2,000 | ₹2,98,000 |
| sHNI(min) | 3 | 3,000 | ₹4,47,000 |
| sHNI(max) | 6 | 6,000 | ₹8,94,000 |
| sHNI(min) | 7 | 7,000 | ₹10,43,000 |
Merritronix Limited IPO Reservation
Merritronix Limited IPO reservation details show category-wise allocation of shares. Out of the total 4700000 shares, approximately 18.98% are reserved for QIB, 14.3% for NII, 33.28% for retail investors, 5.02% for market maker, and 28.43% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 1336000 (28.43%) | |
| Market Maker Shares Offered | 236000 (5.02%) | |
| QIB Shares Offered | 892000 (18.98%) | |
| NII (HNI) Shares Offered | 672000 (14.3%) | |
| bHNI > ₹10L | 448000 (9.39%) | 149 |
| sHNI < ₹10L | 224000 (4.85%) | 75 |
| Individual Shares Offered | 1564000 (33.28%) | 782 |
| Total Shares Offered | 4700000 (100%) |
Merritronix Limited IPO Analytics
Merritronix Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Merritronix Limited IPO Subscription Status
Merritronix Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO is currently subscribed 315.44x, indicating strong demand across investor categories.
| As on | QIB |
NII
bHNI
sHNI
|
Individual | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 8,92,000 |
6,72,000
4,48,000
2,24,000
|
15,64,000 | 31,28,000 |
|
Day 1
01-06-26 05:00 PM
|
0.00 x |
21.63x
23.42x
18.05x
|
22.62 x | 15.96 x |
|
Day 2
02-06-26 05:00 PM
|
3.09 x |
107.46x
122.52x
77.33x
|
89.25 x | 68.59 x |
|
Day 3
03-06-26 05:00 PM
|
224.91 x |
476.94x
563.86x
303.12x
|
297.67 x | 315.44 x |
|
Total No. of Applications
|
bHNI | sHNI | Individual |
|---|---|---|---|
| 287506 (Approx) | 224.15x | 282.11x | 297.67x |
Merritronix Limited Valuations
Earnings
- EPS Pre IPO
- ₹12.60/-
- EPS Post IPO
- ₹9.21/-
- P/E Pre IPO
- 11.83
- P/E Post IPO
- 16.18
Returns
- ROE
- 46.03%
- ROCE
- 45.26%
- RoNW
- 30.66%
- PAT Margin
- 10.33%
Fundamentals
- Debt / Equity
- 0.81
- Price / Book
- 3.59
- Market Cap
- ₹260.52 Cr.
Merritronix Limited Financials( In Crs.)
| 31-Mar-26 | 31-Mar-25 | 31-Mar-24 | |
|---|---|---|---|
| Assets | 154.40 | 74.18 | 68.44 |
| Revenue | 156.25 | 114.04 | 86.01 |
| Profit After Tax | 16.10 | 8.66 | 3.05 |
| Net Worth | 52.52 | 16.23 | 7.58 |
| Reserves & Surplus | 40.34 | 15.39 | 6.73 |
| Total Borrowing | 43.20 | 18.57 | 15.82 |
Merritronix Limited Company & Offer Insights
About Merritronix Limited
Incorporated on October 1988, Merritronix Limited is an ESDM Company engaged in the design and manufacture of mission-critical electronic assemblies of high reliability used in Defence, Aerospace, Telecom and Industrial Electronics.
Services offered by the company include sourcing components, assembling printed circuit boards (PCBs), integrating systems, testing, building the box, and delivering finished electronics products as per Indian Defense and Aerospace requirements.
By the end of December 31st, 2025, the company's manufacturing plant was equipped with a capacity of 7,65,000 boards for Surface Mount Technology (SMT) assembly, 6,00,000 boards for Through Hole Technology (THT) assembly, and 4,20,000 units for product assembly/box build, which amounts to a total of 17,85,000 production units per year.
The company got certified as EN 9100:2018 for manufacturing PCBA in aerospace & defense, which is equal to AS 9100D, JISQ 9100:2016, and ISO 9001:2015.
The clientele of the company includes customers from defence, aerospace, electrical engineering, heavy industries, power & utility sectors.
As of March 31st, 2026, the company had 57 people working in various
Merritronix Limited Promoter(s)
Dovari Yesudas, Dovari Amarnath, Vanaja D, Darsy Kethan Chandra, Dovari Thaman are the company's promoters of Merritronix Limited.
Merritronix Limited IPO Issue Objectives
- •
- Capital expenditure towards purchase of Machinery and equipment - ₹21.36 Cr.
- •
- Funding working capital requirements - ₹21.95 Cr.
- •
- Repayment/ prepayment, in full or part, of all or certain outstanding borrowings availed by the Company - ₹12.72 Cr.
- •
- General corporate purposes
Contact Information
Contact Details
Merritronix Limited
+91 8297912056
C-22, Electronic Complex, Kushaiguda, Hyderabad, Telangana - 500062.
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Frequently Asked Questions
Click any question to reveal the answer
Merritronix Limited IPO is a book-built IPO worth ₹70.03 crore. The price band is ₹141–₹149 per share. The IPO opens on Jun 1, 2026 and closes on Jun 3, 2026. It will be listed on BSE SME Platform. Bigshare Services Pvt Ltd is the registrar.
The price band of Merritronix Limited IPO is ₹141 to ₹149 per share.
The lot size of Merritronix Limited IPO is 1000 shares.
The minimum investment for Merritronix Limited IPO is approximately ₹2,98,000 based on the upper price band .
Merritronix Limited IPO opens on Jun 1, 2026 and closes on Jun 3, 2026.
The allotment date of Merritronix Limited IPO is Jun 4, 2026.
Merritronix Limited IPO is expected to be listed on Jun 8, 2026, on BSE SME Platform.
Merritronix Limited IPO valuation snapshot: P/E 16.18, EPS ₹9.21/-, P/B 3.59, RoNW 30.66%, and market cap ₹260.52 Cr.
To apply for Merritronix Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Merritronix Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Merritronix Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Merritronix Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Merritronix Limited IPO allotment status on IPO Ji for quick and easy access.