SME • IPO

Merritronix IPO (BSE SME) IPO

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.

Issue Type

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 On01-06-2026
Bid/Offer Closes On03-06-2026
Finalisation of Basis of Allotment
Initiation of Refunds
Credit of Shares to Demat
IPO Listing Date

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