{"id":106831,"date":"2026-06-04T11:41:15","date_gmt":"2026-06-04T06:11:15","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=106831"},"modified":"2026-06-04T11:41:17","modified_gmt":"2026-06-04T06:11:17","slug":"merritronix-ipo-listing-preview-june-8-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/merritronix-ipo-listing-preview-june-8-2026\/","title":{"rendered":"Merritronix IPO Listing Preview on 8 June 2026: GMP Rs 90, Expected Listing Price Rs 239 and 60% Listing Gain Analysis"},"content":{"rendered":"<div class=\"meta-block\"><\/div>\n<p style=\"border-left: 4px solid #1F4E79; background: #EBF3FB; padding: 10px 16px; font-style: italic;\"><em>Merritronix IPO listing: 8 Jun 2026, BSE SME. Issue price: Rs 149. GMP: ~Rs 90. Expected listing price: ~Rs 239 (~60% gain). Allotment: 4 Jun 2026. Defence ESDM company.<\/em><\/p>\n<p>Merritronix IPO listing is scheduled for 8 June 2026 on the BSE SME platform, with the allotment of shares finalised on 4 June 2026 today. It is generating strong pre-listing interest, with the grey market premium (GMP) currently tracking at approximately Rs 90 per share against the issue price of Rs 149 per share. This implies an expected listing price of around Rs 239, representing a potential listing gain of approximately 60% over the issue price. Investors who received allotment can check status on the Bigshare Services website using their PAN or application number.<\/p>\n<p>The listing follows a strong subscription period that closed on 3 June 2026. The IPO raised Rs 70.03 crore entirely through a fresh issue of 47,00,000 equity shares of face value Rs 10 each. The company had also raised Rs 19.91 crore from anchor investors including domestic institutions on 29 May 2026. GYR Capital Advisors Pvt. Ltd. was the book running lead manager for the Merritronix IPO, and Bigshare Services Pvt. Ltd. is the registrar.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=merritronix-ipo-listing-preview\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/merritronix-ipo-listing-preview-june-8-2026\/#Merritronix_IPO_Listing_Key_Dates_and_Details\" title=\"Merritronix IPO Listing: Key Dates and Details\">Merritronix IPO Listing: Key Dates and Details<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/merritronix-ipo-listing-preview-june-8-2026\/#About_Merritronix_Limited_Defence_ESDM_Company\" title=\"About Merritronix Limited: Defence ESDM Company\">About Merritronix Limited: Defence ESDM Company<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/merritronix-ipo-listing-preview-june-8-2026\/#Merritronix_IPO_Listing_GMP_Analysis_What_the_Grey_Market_Is_Saying\" title=\"Merritronix IPO Listing GMP Analysis: What the Grey Market Is Saying\">Merritronix IPO Listing GMP Analysis: What the Grey Market Is Saying<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/merritronix-ipo-listing-preview-june-8-2026\/#Merritronix_IPO_Listing_Use_of_Proceeds_and_IPO_Objectives\" title=\"Merritronix IPO Listing: Use of Proceeds and IPO Objectives\">Merritronix IPO Listing: Use of Proceeds and IPO Objectives<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/merritronix-ipo-listing-preview-june-8-2026\/#Key_Risks_to_Watch_After_Merritronix_IPO_Listing\" title=\"Key Risks to Watch After Merritronix IPO Listing\">Key Risks to Watch After Merritronix IPO Listing<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/merritronix-ipo-listing-preview-june-8-2026\/#Negative_Operating_Cash_Flows_in_FY26\" title=\"Negative Operating Cash Flows in FY26\">Negative Operating Cash Flows in FY26<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/merritronix-ipo-listing-preview-june-8-2026\/#Geographic_and_Customer_Concentration\" title=\"Geographic and Customer Concentration\">Geographic and Customer Concentration<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/merritronix-ipo-listing-preview-june-8-2026\/#SME_Platform_Liquidity_Constraints\" title=\"SME Platform Liquidity Constraints\">SME Platform Liquidity Constraints<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/merritronix-ipo-listing-preview-june-8-2026\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/merritronix-ipo-listing-preview-june-8-2026\/#Frequently_Asked_Questions_on_Merritronix_IPO_Listing\" title=\"Frequently Asked Questions on Merritronix IPO Listing\">Frequently Asked Questions on Merritronix IPO Listing<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/merritronix-ipo-listing-preview-june-8-2026\/#What_is_the_Merritronix_IPO_listing_date\" title=\"What is the Merritronix IPO listing date?\">What is the Merritronix IPO listing date?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/merritronix-ipo-listing-preview-june-8-2026\/#What_is_the_Merritronix_IPO_listing_GMP_today\" title=\"What is the Merritronix IPO listing GMP today?\">What is the Merritronix IPO listing GMP today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/merritronix-ipo-listing-preview-june-8-2026\/#What_is_the_expected_Merritronix_IPO_listing_price\" title=\"What is the expected Merritronix IPO listing price?\">What is the expected Merritronix IPO listing price?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/merritronix-ipo-listing-preview-june-8-2026\/#What_does_Merritronix_Limited_do\" title=\"What does Merritronix Limited do?\">What does Merritronix Limited do?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/merritronix-ipo-listing-preview-june-8-2026\/#What_are_Merritronix_financials_before_IPO_listing\" title=\"What are Merritronix financials before IPO listing?\">What are Merritronix financials before IPO listing?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/merritronix-ipo-listing-preview-june-8-2026\/#Is_Merritronix_IPO_listing_a_good_investment\" title=\"Is Merritronix IPO listing a good investment?\">Is Merritronix IPO listing a good investment?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/merritronix-ipo-listing-preview-june-8-2026\/#How_to_check_Merritronix_IPO_allotment_status\" title=\"How to check Merritronix IPO allotment status?\">How to check Merritronix IPO allotment status?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/merritronix-ipo-listing-preview-june-8-2026\/#What_is_the_Merritronix_IPO_issue_size\" title=\"What is the Merritronix IPO issue size?\">What is the Merritronix IPO issue size?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Merritronix_IPO_Listing_Key_Dates_and_Details\"><\/span><strong>Merritronix IPO Listing: Key Dates and Details<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width: 100%; border-collapse: collapse; margin: 16px 0;\">\n<thead>\n<tr style=\"background: #000000; color: #ffffff;\">\n<th style=\"padding: 10px 14px; text-align: left; border: 1px solid #DDDDDD;\">Detail<\/th>\n<th style=\"padding: 10px 14px; text-align: left; border: 1px solid #DDDDDD;\">Value<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"padding: 9px 14px; border: 1px solid #DDDDDD; background: #FFFFFF;\">IPO Listing Date<\/td>\n<td style=\"padding: 9px 14px; border: 1px solid #DDDDDD; background: #FFFFFF;\">8 June 2026 (tentative)<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 9px 14px; border: 1px solid #DDDDDD; background: #F7F9FC;\">Exchange<\/td>\n<td style=\"padding: 9px 14px; border: 1px solid #DDDDDD; background: #F7F9FC;\">BSE SME<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 9px 14px; border: 1px solid #DDDDDD; background: #FFFFFF;\">Issue Price<\/td>\n<td style=\"padding: 9px 14px; border: 1px solid #DDDDDD; background: #FFFFFF;\">Rs 149 per share (upper price band)<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 9px 14px; border: 1px solid #DDDDDD; background: #F7F9FC;\">Price Band<\/td>\n<td style=\"padding: 9px 14px; border: 1px solid #DDDDDD; background: #F7F9FC;\">Rs 141 to Rs 149<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 9px 14px; border: 1px solid #DDDDDD; background: #FFFFFF;\">Issue Size<\/td>\n<td style=\"padding: 9px 14px; border: 1px solid #DDDDDD; background: #FFFFFF;\">Rs 70.03 Crore (100% fresh issue)<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 9px 14px; border: 1px solid #DDDDDD; background: #F7F9FC;\">Allotment Date<\/td>\n<td style=\"padding: 9px 14px; border: 1px solid #DDDDDD; background: #F7F9FC;\">4 June 2026<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 9px 14px; border: 1px solid #DDDDDD; background: #FFFFFF;\">Shares Credited<\/td>\n<td style=\"padding: 9px 14px; border: 1px solid #DDDDDD; background: #FFFFFF;\">5 June 2026<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 9px 14px; border: 1px solid #DDDDDD; background: #F7F9FC;\">GMP Today<\/td>\n<td style=\"padding: 9px 14px; border: 1px solid #DDDDDD; background: #F7F9FC;\">~Rs 90 per share<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 9px 14px; border: 1px solid #DDDDDD; background: #FFFFFF;\">Expected Listing Price (GMP-based)<\/td>\n<td style=\"padding: 9px 14px; border: 1px solid #DDDDDD; background: #FFFFFF;\">~Rs 239 per share (~60% premium)<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 9px 14px; border: 1px solid #DDDDDD; background: #F7F9FC;\">Lot Size<\/td>\n<td style=\"padding: 9px 14px; border: 1px solid #DDDDDD; background: #F7F9FC;\">1,000 shares (min 2 lots = 2,000 shares for retail)<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 9px 14px; border: 1px solid #DDDDDD; background: #FFFFFF;\">Minimum Investment (Retail)<\/td>\n<td style=\"padding: 9px 14px; border: 1px solid #DDDDDD; background: #FFFFFF;\">Rs 2,98,000<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 9px 14px; border: 1px solid #DDDDDD; background: #F7F9FC;\">Registrar<\/td>\n<td style=\"padding: 9px 14px; border: 1px solid #DDDDDD; background: #F7F9FC;\">Bigshare Services Pvt. Ltd.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<div style=\"background: #E8EAFF; border-radius: 14px; padding: 28px 32px 24px 32px; margin: 24px 0; font-family: -apple-system,BlinkMacSystemFont,'Segoe UI',Roboto,sans-serif; cursor: pointer; max-width: 100%; box-sizing: border-box;\">\n<p style=\"font-size: 20px; font-weight: bold; color: #0a0a23; margin: 0 0 12px 0; line-height: 1.3;\">Merritronix IPO Listing Coming: Track Live on Univest<\/p>\n<p style=\"font-size: 15px; color: #3a3a5c; margin: 0 0 14px 0; line-height: 1.6;\">Monitor <strong style=\"color: #0a0a23;\">Merritronix IPO listing<\/strong> price in real time and discover other high-conviction opportunities on Univest.<\/p>\n<ul style=\"margin: 0 0 16px 20px; padding: 0; color: #3a3a5c; font-size: 15px; line-height: 1.8;\">\n<li>Track IPO allotment and listing gains in real time<\/li>\n<li>High-conviction stock picks backed by Univest research<\/li>\n<li>Designed for investors looking for IPO and market opportunities<\/li>\n<\/ul>\n<p><a style=\"display: inline-block; background: #3B7FFF; color: #fff; font-size: 15px; font-weight: 600; padding: 13px 28px; border-radius: 50px; letter-spacing: 0.2px; text-decoration: none;\" href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=merritronix-ipo-listing-preview\" target=\"_blank\" rel=\"noopener\">Explore Now \u2192<\/a><\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"About_Merritronix_Limited_Defence_ESDM_Company\"><\/span><strong>About Merritronix Limited: Defence ESDM Company<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The company behind this listing was incorporated in October 1988 and headquartered at Electronic Complex, Kushaiguda, Hyderabad, Telangana. Merritronix Limited is an Electronics Systems Design and Manufacturing (ESDM) company specialising in high-reliability, mission-critical electronic assemblies for defence, aerospace, telecom, and industrial electronics sectors. The company follows a B2B business model offering component sourcing, PCB assembly using advanced Surface Mount Technology (SMT) including Ball Grid Array (BGA) and micro-BGA components, system integration, testing, and box-build solutions.<\/p>\n<p>Listing interest is supported by the company&#8217;s unique positioning in India&#8217;s defence electronics ecosystem. Defence and aerospace accounted for 97.81% of the company&#8217;s FY26 revenue, making it a near-pure-play defence ESDM company. Revenue grew from Rs 85.70 crore in FY24 to Rs 155.59 crore in FY26, a compound annual growth rate of approximately 34.7%. Profit after tax expanded from Rs 3.05 crore in FY24 to Rs 16.10 crore in FY26. This listing comes at a time when Atmanirbhar Bharat policies are driving strong demand for domestic defence electronics manufacturers.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Merritronix_IPO_Listing_GMP_Analysis_What_the_Grey_Market_Is_Saying\"><\/span><strong>Merritronix IPO Listing GMP Analysis: What the Grey Market Is Saying<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Merritronix IPO listing GMP of approximately Rs 90 per share as of 4 June 2026 is one of the stronger GMP readings in the current IPO market. The GMP peaked at Rs 95 on 23 May 2026 before settling in the Rs 84 to Rs 90 range during the subscription period. Based on a GMP of Rs 90 and the upper price band of Rs 149, the indicative listing price works out to approximately Rs 239, representing a listing premium of around 60%.<\/p>\n<p>Investors should note that the actual listing performance on 8 June 2026 may differ significantly from GMP-implied levels. GMP is an unofficial, unregulated indicator based on grey market transactions and does not guarantee any specific listing price or listing gain. The actual listing price will be determined by real-time buy and sell orders on BSE SME on 8 June 2026.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Track Merritronix IPO Listing Price Live on the Univest Screener<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Merritronix_IPO_Listing_Use_of_Proceeds_and_IPO_Objectives\"><\/span><strong>Merritronix IPO Listing: Use of Proceeds and IPO Objectives<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The net proceeds from the Merritronix IPO listing are to be used for three primary purposes: capital expenditure towards purchase of machinery and equipment (Rs 21.36 crore), funding working capital requirements (Rs 21.95 crore), and repayment of outstanding borrowings (Rs 12.72 crore). The remaining proceeds are earmarked for general corporate purposes.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Risks_to_Watch_After_Merritronix_IPO_Listing\"><\/span><strong>Key Risks to Watch After Merritronix IPO Listing<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Negative_Operating_Cash_Flows_in_FY26\"><\/span><strong>Negative Operating Cash Flows in FY26<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Despite strong revenue and PAT growth, Merritronix reported negative operating cash flows of Rs 23.38 crore in FY26. This reflects the working capital intensity of the defence electronics business, where long procurement and payment cycles from government clients create extended receivables. Investors monitoring the Merritronix IPO listing should track how the company manages working capital post-listing, as continued negative operating cash flows could pressure the balance sheet even as reported profits grow.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Geographic_and_Customer_Concentration\"><\/span><strong>Geographic and Customer Concentration<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Merritronix derives 98.19% of its revenue from Telangana and 97.81% from the defence and aerospace segment. This dual concentration creates significant risk if defence procurement cycles slow, a key customer reduces orders, or regulatory changes affect the company&#8217;s approved vendor status. Investors tracking the Merritronix IPO listing should factor in this concentration when assessing the stock&#8217;s long-term risk profile.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"SME_Platform_Liquidity_Constraints\"><\/span><strong>SME Platform Liquidity Constraints<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The Merritronix IPO listing will take place on the BSE SME platform, which typically has lower daily trading volumes compared to mainboard-listed stocks. This can create price volatility and difficulty in exiting positions at desired prices, particularly for investors holding large quantities of shares. SME-listed stocks can see significant price swings relative to their market cap, and the Merritronix IPO listing is no exception.<\/p>\n<p style=\"margin-top: 24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Merritronix IPO listing price live and get real-time market data.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This listing on 8 June 2026 on BSE SME is one of the most anticipated SME listings of the current cycle, with a GMP of approximately Rs 90 implying a 60% listing premium over the Rs 149 issue price. The company&#8217;s defence ESDM positioning, strong revenue growth of 34.7% CAGR, and Atmanirbhar Bharat tailwinds make the Merritronix IPO listing fundamentally interesting for long-term investors. However, risks around negative operating cash flows, high revenue concentration, and SME platform liquidity constraints are important factors to assess before making any post-listing investment decision.<\/p>\n<p><em>Investments in securities are subject to market risk. This content is for educational purposes only and does not constitute investment advice.<\/em><\/p>\n<div style=\"background: #CC0000; border-radius: 8px; padding: 20px 24px; margin: 32px 0;\">\n<p style=\"color: #ffffff; font-size: 14px; line-height: 1.8; margin: 0;\"><strong style=\"color: #ffffff;\">Disclaimer:<\/strong> The securities quoted, if any, are for illustration purposes only and are not recommendatory. This article is for educational purposes only and shall not be considered as investment advice or a recommendation by Univest (Uniresearch Global Pvt Ltd, SEBI Registered Research Analyst INH000013776). Investments in the securities market are subject to market risks. Read all related documents carefully before investing. Registration granted by SEBI in no way guarantees the performance of the intermediary or provides any assurance of returns to investors. Past performance is not indicative of future results.<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_on_Merritronix_IPO_Listing\"><\/span><strong>Frequently Asked Questions on Merritronix IPO Listing<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Merritronix_IPO_listing_date\"><\/span><strong>What is the Merritronix IPO listing date?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The listing date is tentatively 8 June 2026 on the BSE SME platform. The Merritronix IPO allotment was expected on 4 June 2026. Investors can check their Merritronix IPO listing allotment status on the Bigshare Services registrar website using their PAN or application number.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Merritronix_IPO_listing_GMP_today\"><\/span><strong>What is the Merritronix IPO listing GMP today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The GMP is approximately Rs 90 per share as of 4 June 2026. Based on the upper price band of Rs 149, this implies an expected Merritronix IPO listing price of approximately Rs 239, representing a potential listing gain of around 60%. GMP is an unofficial indicator and does not guarantee actual listing gains.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_expected_Merritronix_IPO_listing_price\"><\/span><strong>What is the expected Merritronix IPO listing price?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The GMP-implied expected Merritronix IPO listing price is approximately Rs 239 per share, based on a GMP of Rs 90 over the issue price of Rs 149. However, the actual Merritronix IPO listing price will be determined by real-time market demand on BSE SME on 8 June 2026. Past GMP does not guarantee listing gains.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_does_Merritronix_Limited_do\"><\/span><strong>What does Merritronix Limited do?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Merritronix Limited is an Electronics Systems Design and Manufacturing (ESDM) company incorporated in 1988 and headquartered in Hyderabad. It manufactures mission-critical electronic assemblies for defence, aerospace, telecom, and industrial sectors. Defence and aerospace accounted for 97.81% of its FY26 revenue.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_Merritronix_financials_before_IPO_listing\"><\/span><strong>What are Merritronix financials before IPO listing?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Merritronix revenue grew from Rs 85.70 crore in FY24 to Rs 155.59 crore in FY26 at a 34.7% CAGR. PAT expanded from Rs 3.05 crore in FY24 to Rs 16.10 crore in FY26. The company reported negative operating cash flows of Rs 23.38 crore in FY26, which is a key risk to monitor post Merritronix IPO listing.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Merritronix_IPO_listing_a_good_investment\"><\/span><strong>Is Merritronix IPO listing a good investment?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> This article does not constitute investment advice. The Merritronix IPO listing is backed by a profitable defence ESDM company with strong revenue growth, but carries risks including negative operating cash flows, high customer and geographic concentration, and SME platform liquidity constraints. Consult a SEBI-registered financial advisor before making any post-listing investment decision.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_to_check_Merritronix_IPO_allotment_status\"><\/span><strong>How to check Merritronix IPO allotment status?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Investors can check Merritronix IPO allotment status on the Bigshare Services Pvt. Ltd. registrar website using their PAN number, application number, or demat account client ID. Allotment for the Merritronix IPO was expected on 4 June 2026, with shares to be credited on 5 June 2026. The listing date is 8 June 2026 on BSE SME.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Merritronix_IPO_issue_size\"><\/span><strong>What is the Merritronix IPO issue size?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Merritronix IPO issue size is Rs 70.03 crore, entirely a 100% fresh issue of 47,00,000 equity shares of face value Rs 10 each at the upper price band of Rs 149 per share. The company also raised Rs 19.91 crore from anchor investors ahead of the Merritronix IPO listing.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the Merritronix IPO listing date?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The Merritronix IPO listing date is tentatively 8 June 2026 on the BSE SME platform. The Merritronix IPO allotment was expected on 4 June 2026. Investors can check their Merritronix IPO listing allotment status on the Bigshare Services registrar website using their PAN or application number.\"}},{\"@type\":\"Question\",\"name\":\"What is the Merritronix IPO listing GMP today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The Merritronix IPO listing GMP is approximately Rs 90 per share as of 4 June 2026. Based on the upper price band of Rs 149, this implies an expected Merritronix IPO listing price of approximately Rs 239, representing a potential listing gain of around 60%. GMP is an unofficial indicator and does not guarantee actual listing gains.\"}},{\"@type\":\"Question\",\"name\":\"What is the expected Merritronix IPO listing price?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The GMP-implied expected Merritronix IPO listing price is approximately Rs 239 per share, based on a GMP of Rs 90 over the issue price of Rs 149. However, the actual Merritronix IPO listing price will be determined by real-time market demand on BSE SME on 8 June 2026. Past GMP does not guarantee listing gains.\"}},{\"@type\":\"Question\",\"name\":\"What does Merritronix Limited do?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Merritronix Limited is an Electronics Systems Design and Manufacturing (ESDM) company incorporated in 1988 and headquartered in Hyderabad. It manufactures mission-critical electronic assemblies for defence, aerospace, telecom, and industrial sectors. Defence and aerospace accounted for 97.81% of its FY26 revenue.\"}},{\"@type\":\"Question\",\"name\":\"What are Merritronix financials before IPO listing?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Merritronix revenue grew from Rs 85.70 crore in FY24 to Rs 155.59 crore in FY26 at a 34.7% CAGR. PAT expanded from Rs 3.05 crore in FY24 to Rs 16.10 crore in FY26. The company reported negative operating cash flows of Rs 23.38 crore in FY26, which is a key risk to monitor post Merritronix IPO listing.\"}},{\"@type\":\"Question\",\"name\":\"Is Merritronix IPO listing a good investment?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"This article does not constitute investment advice. The Merritronix IPO listing is backed by a profitable defence ESDM company with strong revenue growth, but carries risks including negative operating cash flows, high customer and geographic concentration, and SME platform liquidity constraints. Consult a SEBI-registered financial advisor before making any post-listing investment decision.\"}},{\"@type\":\"Question\",\"name\":\"How to check Merritronix IPO allotment status?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Investors can check Merritronix IPO allotment status on the Bigshare Services Pvt. Ltd. registrar website using their PAN number, application number, or demat account client ID. Allotment for the Merritronix IPO was expected on 4 June 2026, with shares to be credited on 5 June 2026. The Merritronix IPO listing date is 8 June 2026 on BSE SME.\"}},{\"@type\":\"Question\",\"name\":\"What is the Merritronix IPO issue size?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The Merritronix IPO issue size is Rs 70.03 crore, entirely a 100% fresh issue of 47,00,000 equity shares of face value Rs 10 each at the upper price band of Rs 149 per share. The company also raised Rs 19.91 crore from anchor investors ahead of the Merritronix IPO listing.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Merritronix IPO listing is scheduled for 8 June 2026 on BSE SME. Current GMP of Rs 90 implies an expected listing price of Rs 239, a gain of about 60% over the issue price of Rs 149. Allotment is on 4 June 2026. Full listing preview and analysis inside.<\/p>\n","protected":false},"author":34,"featured_media":106860,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1281],"tags":[4106],"class_list":["post-106831","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo","tag-ipo-listing-preview"],"metadata":{"rank_math_internal_links_processed":["1"],"_edit_lock":["1780553482:23"],"_last_editor_used_jetpack":["block-editor"],"rank_math_primary_category":["1281"],"rank_math_seo_score":["81"],"rank_math_title":["Merritronix IPO Listing Preview: GMP Rs 90, 60% Gain Expected"],"rank_math_description":["Merritronix IPO listing is on 8 June 2026 on BSE SME. GMP Rs 90 signals 60% expected listing gain. Issue price Rs 149, allotment June 4. Defence ESDM company analysis."],"rank_math_focus_keyword":["Merritronix IPO"],"rank_math_robots":["a:2:{i:0;s:8:\"nofollow\";i:1;s:7:\"noindex\";}"],"_thumbnail_id":["106860"],"_edit_last":["23"],"_ez-toc-disabled":[""],"_ez-toc-insert":[""],"_ez-toc-header-label":[""],"_ez-toc-alignment":["none"],"_ez-toc-heading-levels":["a:0:{}"],"_ez-toc-alttext":[""],"_ez-toc-visibility_hide_by_default":[""],"_ez-toc-hide_counter":[""],"_ez-toc-exclude":[""],"_ez-toc-position-specific":["before"],"stm_select_gm_zoom":[""],"stm_agenda":[""],"stm_host":[""],"stm_select_approved_denied":[""],"stm_multiselect_approved":[""],"stm_multiselect_denied":[""],"stm_date":[""],"stm_time":[""],"stm_timezone":[""],"stm_duration":[""],"stm_password":[""],"stm_waiting_room":[""],"stm_join_before_host":[""],"stm_host_join_start":[""],"stm_start_after_participants":[""],"stm_mute_participants":[""],"stm_enforce_login":[""],"stm_alternative_hosts":[""],"top_bar_custom_style":[""],"top_bar_bg":[""],"wc_top_bar_cart_custom_style":[""],"wc_top_bar_cart_color":[""],"wc_top_bar_cart_icon_color_hover":[""],"wc_top_bar_cart_counter_color":[""],"wc_top_bar_cart_counter_color_hover":[""],"wc_top_bar_cart_counter_bg":[""],"wc_top_bar_cart_counter_bg_hover":[""],"top_bar_wpml_switcher_custom_style":[""],"wpml_switcher_color":[""],"top_bar_wpml_switcher_bg":[""],"top_bar_wpml_switcher_bg_hover":[""],"top_bar_wpml_switcher_color_hover":[""],"top_bar_socials_custom_style":[""],"top_bar_socials_color":[""],"top_bar_socials_color_hover":[""],"top_bar_search_custom_style":[""],"top_bar_search_color":[""],"top_bar_search_icon_color_hover":[""],"top_bar_contact_info_style":[""],"top_bar_contact_info_color":[""],"top_bar_contact_info_link_color":[""],"top_bar_contact_info_link_color_hover":[""],"top_bar_contact_info_select_bg":[""],"top_bar_contact_info_select_color":[""],"top_bar_contact_info_select_drop_bg":[""],"top_bar_contact_info_select_items_bg":[""],"top_bar_contact_info_select_items_color":[""],"top_bar_contact_info_select_items_hover":[""],"header_inverse":["default"],"enable_header_transparent":["off"],"header_nav_custom_style":[""],"header_bg":[""],"header_shadow":[""],"wc_cart_custom_style":[""],"wc_cart_icon_color":[""],"wc_cart_icon_color_hover":[""],"wc_cart_counter_color":[""],"wc_cart_counter_color_hover":[""],"wc_cart_counter_bg":[""],"wc_cart_counter_bg_hover":[""],"header_wpml_switcher_custom_style":[""],"header_wpml_switcher_color":[""],"header_wpml_switcher_color_hover":[""],"header_wpml_switcher_bg":[""],"header_wpml_switcher_bg_hover":[""],"header_socials_custom_style":[""],"header_socials_color":[""],"header_socials_color_hover":[""],"header_search_custom_style":[""],"header_search_icon_color":[""],"header_search_icon_color_hover":[""],"header_contact_info_style":[""],"header_contact_info_color":[""],"header_contact_info_link_color":[""],"header_contact_info_link_color_hover":[""],"header_button_custom_style":[""],"header_button_color":[""],"header_button_color_hover":[""],"header_button_bg":[""],"header_button_bg_hover":[""],"header_nav_menu_customize":[""],"header_nav_menu_link_color":[""],"header_nav_menu_link_color_hover":[""],"header_nav_menu_link_color_active":[""],"header_nav_menu_link_arrow_color":[""],"header_nav_menu_link_arrow_color_hover":[""],"header_nav_menu_level_1_bg":[""],"header_nav_menu_level_1_link_color":[""],"header_nav_menu_level_1_link_color_hover":[""],"header_nav_menu_level_1_link_bg_hover":[""],"header_nav_menu_level_1_link_arrow_color":[""],"header_nav_menu_level_1_link_arrow_color_hover":[""],"header_nav_menu_level_2_bg":[""],"header_nav_menu_level_2_link_color":[""],"header_nav_menu_level_2_link_color_hover":[""],"header_nav_menu_level_2_link_bg_hover":[""],"header_mega_menu_bg":[""],"header_mega_menu_title_color":[""],"header_mega_menu_title_color_hover":[""],"header_mega_menu_description_color":[""],"header_mega_menu_description_link_color":[""],"header_mega_menu_description_link_color_hover":[""],"header_mega_menu_color":[""],"header_mega_menu_color_hover":[""],"header_mega_menu_border_color":[""],"header_mega_menu_icons_color":[""],"header_nav_menu_customize_end":[""],"hfe_enabled_notice":[""],"disable_title_box":["default"],"hfe_disabled":[""],"enable_transparent":["default"],"title_box_title_bg_color":[""],"title_box_bg_custom_image":["default"],"title_box_bg_image":[""],"title_box_bg_position":["default"],"metabox_title_box_bg_position_x":[""],"metabox_title_box_bg_position_y":[""],"metabox_title_box_bg_attachment":["default"],"title_box_bg_size":["default"],"metabox_title_box_bg_size_slider":[""],"title_box_bg_repeat":["default"],"disable_title":["default"],"title_box_title_color":[""],"title_box_title_line_color":[""],"disable_breadcrumbs":["default"],"metabox_title_box_breadcrumbs_color":[""],"metabox_title_box_links_color":[""],"metabox_title_box_links_color_hover":[""],"content_bg_transparent":[""],"show_popup_single":[""],"popups_single":[""],"popups_single_event":[""],"popup_single_event_open_delay":[""],"popup_single_event_showing_in":[""],"popup_single_event_date_from":[""],"popup_single_event_date_to":[""],"popup_single_event_time_from":[""],"popup_single_event_time_to":[""],"popup_single_animation":[""],"popup_single_responsive":[""],"separator_footer_copyright_border_t":[""],"name":[""],"email":[""],"phone":[""],"company":[""],"memberId":[""],"testimonial_position":[""],"testimonial_company":[""],"testimonial_bg_img":[""],"testimonial_video_url":[""],"popups_width":[""],"popups_height":[""],"popups_image_bg":[""],"popups_color_bg":[""],"popups_border_radius":[""],"popups_template":[""],"rank_math_analytic_object_id":["15361"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/06\/Merritronix.jpg","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/106831","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=106831"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/106831\/revisions"}],"predecessor-version":[{"id":106861,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/106831\/revisions\/106861"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/106860"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=106831"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=106831"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=106831"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}