Minimum Investment
₹149,000
Price Range
₹141 to ₹149
Lot Size
1000 shares
Issue Size
₹70 Cr
About the Company
Incorporated in October 1988, Merritronix Limited is an Electronics Systems Design and Manufacturing (ESDM) company specializing in high-reliability, mission-critical electronic assemblies for defence, aerospace, telecom, and industrial electronics.
Bookbuilding IPO
IPO Objectives
- Capital expenditure towards purchase of Machinery and equipment Funding working capital requirements
- Repayment/ prepayment, in full or part, of all or certain outstanding borrowings availed by the Company
- General corporate purposes
Important Dates
| Bid/Offer Opens On | 01-06-2026 |
| Bid/Offer Closes On | 03-06-2026 |
| Finalisation of Basis of Allotment | 04-06-2026 |
| Initiation of Refunds | 05-06-2026 |
| Credit of Shares to Demat | 05-06-2026 |
| IPO Listing Date | 08-06-2026 |
IPO Subscription Status
| Category | Offered Shares | Applied Shares | Times |
|---|---|---|---|
| QIB | 892,000 | 200,616,000 | 224.91x |
| NII | 672,000 | 320,507,000 | 476.94x |
| NII ( >10 lakh) | 448,000 | 252,608,000 | 563.86x |
| NII ( <10 lakh) | 224,000 | 67,899,000 | 303.12x |
| Retail | 1,564,000 | 465,558,000 | 297.67x |
| Total | 3,128,000 | 986,681,000 | 315.44x |
Frequently asked questions
What is the Merritronix IPO (BSE SME) IPO lot size?
The lot size is 1000 shares with a minimum investment of ₹149,000.
When does the Merritronix IPO (BSE SME) IPO open and close?
Bidding is scheduled from 01-06-2026 to 03-06-2026 (subject to exchange updates).
How can I apply for the Merritronix IPO (BSE SME) IPO?
You can apply via the IPO Focuss - Ambica Finstock LLP mobile app during the bidding window using UPI or ASBA as available for this issue.
What is the Merritronix IPO (BSE SME) IPO listing date?
Shares are expected to list on 08-06-2026 (tentative; confirm from RHP / exchange notices).
Grey Market Premium (GMP)
Registrar
Bigshare Services Pvt.Ltd.
Lead Managers
- GYR Capital Advisors Pvt.Ltd.
Company Promoters
- Dovari Yesudas
- Dovari Amarnath
- Vanaja D
- Darsy Kethan Chandra and Dovari Thaman.\r\n
