{"id":109375,"date":"2026-06-08T11:24:36","date_gmt":"2026-06-08T05:54:36","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=109375"},"modified":"2026-06-08T11:24:38","modified_gmt":"2026-06-08T05:54:38","slug":"merritronix-share-price-upper-circuit-bse-sme-listing-june-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/merritronix-share-price-upper-circuit-bse-sme-listing-june-2026\/","title":{"rendered":"Merritronix Share Price Hits 5% Upper Circuit on June 8, 2026 After Blockbuster BSE SME Debut at Rs 283.10"},"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 share price June 8: Listed Rs 283.10 (+90%). 5% upper circuit Rs 297.26. Issue price Rs 149. Sub 220.98x. IPO size Rs 70.03 Cr. BSE SME.<\/em><\/p>\n<p><a href=\"https:\/\/univest.in\/user\/stocks\/mrtx\/merritronix-ltd-share-price-today\">Merritronix<\/a> share price surged to the 5% upper circuit of Rs 297.26 on June 8, 2026, within hours of its blockbuster BSE SME debut at Rs 283.10, a 90% premium over the issue price of Rs 149. The defence-focused Electronics Systems Design and Manufacturing (ESDM) company attracted exceptional investor interest, with the IPO subscribed 220.98 times overall, retail participants subscribing 297.67 times and the NII category seeing 476.59 times subscription.<\/p>\n<p>The Merritronix share price listing at Rs 283.10, nearly double the upper price band, validates the strong grey market premium that had been tracked at Rs 70-95 per share through the subscription period. The stock&#8217;s immediate move into the upper circuit signals continued demand from investors who missed the IPO allotment and are seeking exposure to India&#8217;s growing defence electronics manufacturing opportunity.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=merritronix-share-price-listing-june-2026\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<table style=\"border-collapse: collapse; width: 100%; margin: 16px 0;\">\n<thead>\n<tr>\n<th style=\"background: #000000; color: #ffffff; padding: 8px 12px; text-align: left; border: 1px solid #000000; font-size: 14px;\">Parameter<\/th>\n<th style=\"background: #000000; color: #ffffff; padding: 8px 12px; text-align: left; border: 1px solid #000000; font-size: 14px;\">Details<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"padding: 8px 12px; border: 1px solid #000000; font-size: 14px; background: #ffffff; color: #000000;\">BSE SME<\/td>\n<td style=\"padding: 8px 12px; border: 1px solid #000000; font-size: 14px; background: #ffffff; color: #000000;\">Merritronix Limited<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 8px 12px; border: 1px solid #000000; font-size: 14px; background: #ffffff; color: #000000;\">Issue Price (Upper Band)<\/td>\n<td style=\"padding: 8px 12px; border: 1px solid #000000; font-size: 14px; background: #ffffff; color: #000000;\">Rs 149<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 8px 12px; border: 1px solid #000000; font-size: 14px; background: #ffffff; color: #000000;\">Listing Price<\/td>\n<td style=\"padding: 8px 12px; border: 1px solid #000000; font-size: 14px; background: #ffffff; color: #000000;\">Rs 283.10 (+90% over issue price)<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 8px 12px; border: 1px solid #000000; font-size: 14px; background: #ffffff; color: #000000;\">5% Upper Circuit<\/td>\n<td style=\"padding: 8px 12px; border: 1px solid #000000; font-size: 14px; background: #ffffff; color: #000000;\">Rs 297.26<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 8px 12px; border: 1px solid #000000; font-size: 14px; background: #ffffff; color: #000000;\">IPO Subscription<\/td>\n<td style=\"padding: 8px 12px; border: 1px solid #000000; font-size: 14px; background: #ffffff; color: #000000;\">220.98 times overall<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 8px 12px; border: 1px solid #000000; font-size: 14px; background: #ffffff; color: #000000;\">Retail Subscription<\/td>\n<td style=\"padding: 8px 12px; border: 1px solid #000000; font-size: 14px; background: #ffffff; color: #000000;\">297.67 times<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 8px 12px; border: 1px solid #000000; font-size: 14px; background: #ffffff; color: #000000;\">QIB Subscription<\/td>\n<td style=\"padding: 8px 12px; border: 1px solid #000000; font-size: 14px; background: #ffffff; color: #000000;\">224.91 times<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 8px 12px; border: 1px solid #000000; font-size: 14px; background: #ffffff; color: #000000;\">NII Subscription<\/td>\n<td style=\"padding: 8px 12px; border: 1px solid #000000; font-size: 14px; background: #ffffff; color: #000000;\">476.59 times<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 8px 12px; border: 1px solid #000000; font-size: 14px; background: #ffffff; color: #000000;\">IPO Size<\/td>\n<td style=\"padding: 8px 12px; border: 1px solid #000000; font-size: 14px; background: #ffffff; color: #000000;\">Rs 70.03 Cr (100% fresh issue)<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 8px 12px; border: 1px solid #000000; font-size: 14px; background: #ffffff; color: #000000;\">Lot Size<\/td>\n<td style=\"padding: 8px 12px; border: 1px solid #000000; font-size: 14px; background: #ffffff; color: #000000;\">1,000 shares (min retail: 2 lots)<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 8px 12px; border: 1px solid #000000; font-size: 14px; background: #ffffff; color: #000000;\">Face Value<\/td>\n<td style=\"padding: 8px 12px; border: 1px solid #000000; font-size: 14px; background: #ffffff; color: #000000;\">Rs 10<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 8px 12px; border: 1px solid #000000; font-size: 14px; background: #ffffff; color: #000000;\">Sector<\/td>\n<td style=\"padding: 8px 12px; border: 1px solid #000000; font-size: 14px; background: #ffffff; color: #000000;\">Defence ESDM (Electronics Systems Design and Manufacturing)<\/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;\">3 Stocks Building Serious Momentum Right Now<\/p>\n<p style=\"font-size: 15px; color: #3a3a5c; margin: 0 0 14px 0; line-height: 1.6;\">When <strong style=\"color: #0a0a23;\">Univest analysts<\/strong> identify high-conviction stock opportunities, <em>investors pay attention.<\/em><\/p>\n<p style=\"font-size: 15px; color: #3a3a5c; margin: 0 0 14px 0; line-height: 1.6;\">Our research team has shortlisted the <strong style=\"color: #0a0a23;\">Top Stocks to Buy<\/strong> based on current market momentum, sector trends &amp; growth potential for 2026.<\/p>\n<ul style=\"margin: 0 0 16px 20px; padding: 0; color: #3a3a5c; font-size: 15px; line-height: 1.8;\">\n<li>Discover stocks investors are actively accumulating<\/li>\n<li>High-conviction opportunities backed by research<\/li>\n<li>Designed for the next phase of market growth<\/li>\n<\/ul>\n<p style=\"font-size: 15px; color: #3a3a5c; margin: 0 0 20px 0;\">Unlock the latest <a style=\"color: #3b7fff; font-weight: bold; text-decoration: none;\" href=\"https:\/\/univest.in\/user\/payment?planType=ALL_PRO%20PLANS\">Top Stock Picks<\/a> on Univest<\/p>\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\/payment?planType=ALL_PRO%20PLANS\" target=\"_blank\" rel=\"noopener\">See the Stocks \u2192<\/a><\/p>\n<\/div>\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-share-price-upper-circuit-bse-sme-listing-june-2026\/#About_Merritronix_Limited\" title=\"About Merritronix Limited\">About Merritronix Limited<\/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-share-price-upper-circuit-bse-sme-listing-june-2026\/#Why_Merritronix_Share_Price_Is_in_the_Upper_Circuit_Today\" title=\"Why Merritronix Share Price Is in the Upper Circuit Today\">Why Merritronix Share Price Is in the Upper Circuit Today<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/merritronix-share-price-upper-circuit-bse-sme-listing-june-2026\/#Blockbuster_Subscription_and_Listing_Premium\" title=\"Blockbuster Subscription and Listing Premium\">Blockbuster Subscription and Listing Premium<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/merritronix-share-price-upper-circuit-bse-sme-listing-june-2026\/#Defence_ESDM_Sector_at_a_Structural_Inflection\" title=\"Defence ESDM Sector at a Structural Inflection\">Defence ESDM Sector at a Structural Inflection<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/merritronix-share-price-upper-circuit-bse-sme-listing-june-2026\/#Revenue_Concentration_Risk_Acknowledged_But_Growth_Trajectory_Intact\" title=\"Revenue Concentration Risk Acknowledged, But Growth Trajectory Intact\">Revenue Concentration Risk Acknowledged, But Growth Trajectory Intact<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/merritronix-share-price-upper-circuit-bse-sme-listing-june-2026\/#Merritronix_IPO_Financial_Summary\" title=\"Merritronix IPO Financial Summary\">Merritronix IPO Financial Summary<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/merritronix-share-price-upper-circuit-bse-sme-listing-june-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-8\" href=\"https:\/\/univest.in\/blogs-2\/merritronix-share-price-upper-circuit-bse-sme-listing-june-2026\/#Frequently_Asked_Questions_on_Merritronix_Share_Price\" title=\"Frequently Asked Questions on Merritronix Share Price\">Frequently Asked Questions on Merritronix Share Price<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/merritronix-share-price-upper-circuit-bse-sme-listing-june-2026\/#What_is_Merritronix_share_price_today_on_listing_day_June_8_2026\" title=\"What is Merritronix share price today on listing day June 8 2026?\">What is Merritronix share price today on listing day June 8 2026?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/merritronix-share-price-upper-circuit-bse-sme-listing-june-2026\/#Why_did_Merritronix_IPO_list_at_such_a_high_premium\" title=\"Why did Merritronix IPO list at such a high premium?\">Why did Merritronix IPO list at such a high premium?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/merritronix-share-price-upper-circuit-bse-sme-listing-june-2026\/#What_is_Merritronix_and_what_does_it_do\" title=\"What is Merritronix and what does it do?\">What is Merritronix and what does it do?<\/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-share-price-upper-circuit-bse-sme-listing-june-2026\/#What_was_the_Merritronix_IPO_subscription_status\" title=\"What was the Merritronix IPO subscription status?\">What was the Merritronix IPO subscription status?<\/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-share-price-upper-circuit-bse-sme-listing-june-2026\/#What_is_the_Merritronix_upper_circuit_price_today\" title=\"What is the Merritronix upper circuit price today?\">What is the Merritronix upper circuit price today?<\/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-share-price-upper-circuit-bse-sme-listing-june-2026\/#What_are_the_risks_of_investing_in_Merritronix_shares_after_listing\" title=\"What are the risks of investing in Merritronix shares after listing?\">What are the risks of investing in Merritronix shares after listing?<\/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-share-price-upper-circuit-bse-sme-listing-june-2026\/#Should_I_buy_Merritronix_shares_now_after_the_upper_circuit_listing\" title=\"Should I buy Merritronix shares now after the upper circuit listing?\">Should I buy Merritronix shares now after the upper circuit 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-share-price-upper-circuit-bse-sme-listing-june-2026\/#How_does_Merritronix_compare_to_its_listed_peers_in_the_ESDM_sector\" title=\"How does Merritronix compare to its listed peers in the ESDM sector?\">How does Merritronix compare to its listed peers in the ESDM sector?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"About_Merritronix_Limited\"><\/span><strong>About Merritronix Limited<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Merritronix Limited is a Hyderabad-based Electronics Systems Design and Manufacturing (ESDM) company incorporated in October 1988. The company specialises in high-reliability, mission-critical electronic assemblies for defence, aerospace, telecom, and industrial applications. With over three decades of experience in the ESDM segment, Merritronix serves clients across some of India&#8217;s most demanding and regulated end-user segments.<\/p>\n<p>The company reported revenue of Rs 155.59 crore in FY26 (up from Rs 114.04 crore in FY25, a 36.5% year-on-year increase) and PAT of Rs 16.10 crore (up from Rs 8.66 crore in FY25, an 85.9% jump). The strong earnings growth underpins investor conviction in the Merritronix share price post-listing, even as the IPO valuation at 10.7x FY26 earnings at the issue price represented a significant discount to the peer Vinyas Innovative Technologies, which trades at approximately 62.85x earnings.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Merritronix_Share_Price_Is_in_the_Upper_Circuit_Today\"><\/span><strong>Why Merritronix Share Price Is in the Upper Circuit Today<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Track Merritronix Live and Explore Defence Sector Stocks on the Univest Screener<\/strong><\/a><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Blockbuster_Subscription_and_Listing_Premium\"><\/span><strong>Blockbuster Subscription and Listing Premium<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The Merritronix IPO subscription of 220.98 times across all categories signals exceptional conviction among institutional and retail investors. IPOs subscribed at this scale typically experience strong listing premiums as unsuccessful bidders look to buy in the secondary market. The 90% listing premium and immediate 5% upper circuit reflect the scale of that post-listing demand for Merritronix shares.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Defence_ESDM_Sector_at_a_Structural_Inflection\"><\/span><strong>Defence ESDM Sector at a Structural Inflection<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>India&#8217;s push toward defence indigenisation under Make in India and the Atmanirbhar Bharat initiative has created significant tailwinds for domestic ESDM companies like Merritronix. The government&#8217;s defence capital expenditure has been rising consistently, with a growing share directed at electronics and systems suppliers. Merritronix&#8217;s focus on mission-critical assemblies for defence and aerospace positions it at the centre of this structural growth story.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Revenue_Concentration_Risk_Acknowledged_But_Growth_Trajectory_Intact\"><\/span><strong>Revenue Concentration Risk Acknowledged, But Growth Trajectory Intact<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Merritronix had flagged revenue concentration risk (dependence on a limited number of defence procurement customers) and negative operating cash flows of Rs 23.38 crore in FY26 despite growing profits, primarily due to the long working capital cycles in defence contracts. These are known risks that the market has priced in, with the strong Merritronix share price reaction on listing day reflecting confidence in the growth trajectory rather than the current scale.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Merritronix_IPO_Financial_Summary\"><\/span><strong>Merritronix IPO Financial Summary<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse: collapse; width: 100%; margin: 16px 0;\">\n<thead>\n<tr>\n<th style=\"background: #000000; color: #ffffff; padding: 8px 12px; text-align: left; border: 1px solid #000000; font-size: 14px;\">Metric<\/th>\n<th style=\"background: #000000; color: #ffffff; padding: 8px 12px; text-align: left; border: 1px solid #000000; font-size: 14px;\">FY26<\/th>\n<th style=\"background: #000000; color: #ffffff; padding: 8px 12px; text-align: left; border: 1px solid #000000; font-size: 14px;\">FY25<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"padding: 8px 12px; border: 1px solid #000000; font-size: 14px; background: #ffffff; color: #000000;\">Revenue<\/td>\n<td style=\"padding: 8px 12px; border: 1px solid #000000; font-size: 14px; background: #ffffff; color: #000000;\">Rs 155.59 Cr<\/td>\n<td style=\"padding: 8px 12px; border: 1px solid #000000; font-size: 14px; background: #ffffff; color: #000000;\">Rs 114.04 Cr<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 8px 12px; border: 1px solid #000000; font-size: 14px; background: #ffffff; color: #000000;\">PAT<\/td>\n<td style=\"padding: 8px 12px; border: 1px solid #000000; font-size: 14px; background: #ffffff; color: #000000;\">Rs 16.10 Cr<\/td>\n<td style=\"padding: 8px 12px; border: 1px solid #000000; font-size: 14px; background: #ffffff; color: #000000;\">Rs 8.66 Cr<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 8px 12px; border: 1px solid #000000; font-size: 14px; background: #ffffff; color: #000000;\">PAT Growth<\/td>\n<td style=\"padding: 8px 12px; border: 1px solid #000000; font-size: 14px; background: #ffffff; color: #000000;\">+85.9% YoY<\/td>\n<td style=\"padding: 8px 12px; border: 1px solid #000000; font-size: 14px; background: #ffffff; color: #000000;\"><\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 8px 12px; border: 1px solid #000000; font-size: 14px; background: #ffffff; color: #000000;\">Revenue Growth<\/td>\n<td style=\"padding: 8px 12px; border: 1px solid #000000; font-size: 14px; background: #ffffff; color: #000000;\">+36.5% YoY<\/td>\n<td style=\"padding: 8px 12px; border: 1px solid #000000; font-size: 14px; background: #ffffff; color: #000000;\"><\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 8px 12px; border: 1px solid #000000; font-size: 14px; background: #ffffff; color: #000000;\">PE at Issue Price (Rs 149)<\/td>\n<td style=\"padding: 8px 12px; border: 1px solid #000000; font-size: 14px; background: #ffffff; color: #000000;\">~10.7x (FY26)<\/td>\n<td style=\"padding: 8px 12px; border: 1px solid #000000; font-size: 14px; background: #ffffff; color: #000000;\"><\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 8px 12px; border: 1px solid #000000; font-size: 14px; background: #ffffff; color: #000000;\">PE at Listing Price (Rs 283.10)<\/td>\n<td style=\"padding: 8px 12px; border: 1px solid #000000; font-size: 14px; background: #ffffff; color: #000000;\">~20.3x (FY26)<\/td>\n<td style=\"padding: 8px 12px; border: 1px solid #000000; font-size: 14px; background: #ffffff; color: #000000;\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\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 share price live and get BSE SME listing day alerts.<\/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>Merritronix share price has delivered a blockbuster listing on June 8, 2026, with a 90% debut premium at Rs 283.10 on BSE SME, followed by an immediate 5% upper circuit to Rs 297.26. The extraordinary IPO subscription of 220.98 times and the defence ESDM sector tailwind provide strong near-term momentum. Investors holding allotted shares should track the company&#8217;s Q1 FY27 results and order pipeline for signals on whether the post-listing Merritronix share price is sustainable. Consult a SEBI-registered advisor before making any investment decisions.<\/p>\n<div style=\"background: #CC0000; border-radius: 8px; padding: 16px 20px; margin: 24px 0;\">\n<p style=\"color: #ffffff; font-size: 13px; line-height: 1.7; margin: 0;\"><strong style=\"color: #ffffff;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_on_Merritronix_Share_Price\"><\/span><strong>Frequently Asked Questions on Merritronix Share Price<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_Merritronix_share_price_today_on_listing_day_June_8_2026\"><\/span><strong>What is Merritronix share price today on listing day June 8 2026?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Merritronix share price listed at Rs 283.10 on June 8, 2026, a 90% premium over the issue price of Rs 149 on BSE SME. The stock subsequently hit a 5% upper circuit at Rs 297.26. Merritronix is an ESDM company focused on defence, aerospace, telecom and industrial electronics. Verify the current price on BSE at bseindia.com before making any decisions.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_did_Merritronix_IPO_list_at_such_a_high_premium\"><\/span><strong>Why did Merritronix IPO list at such a high premium?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Merritronix IPO listed at a 90% premium due to extraordinary investor demand, with the issue subscribed 220.98 times overall (retail 297.67x, NII 476.59x). The defence ESDM sector tailwind, FY26 revenue of Rs 155.59 crore and PAT of Rs 16.10 crore, combined with a compelling valuation of 10.7x FY26 earnings at the issue price, made this one of the most attractive BSE SME IPOs in the June 2026 listing cycle.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_Merritronix_and_what_does_it_do\"><\/span><strong>What is Merritronix and what does it do?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Merritronix Limited is a Hyderabad-based Electronics Systems Design and Manufacturing (ESDM) company incorporated in 1988. It specialises in high-reliability, mission-critical electronic assemblies for defence, aerospace, telecom and industrial applications. The company raised Rs 70.03 crore through a 100% fresh issue IPO listed on BSE SME on June 8, 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_was_the_Merritronix_IPO_subscription_status\"><\/span><strong>What was the Merritronix IPO subscription status?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Merritronix IPO was subscribed 220.98 times overall. The retail category was subscribed 297.67 times, the QIB portion 224.91 times, and the NII segment 476.59 times. The extraordinary subscription reflects strong conviction in the defence ESDM story and the company&#8217;s valuation discount relative to listed peers.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Merritronix_upper_circuit_price_today\"><\/span><strong>What is the Merritronix upper circuit price today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Merritronix share price hit the 5% upper circuit at Rs 297.26 on its listing day of June 8, 2026, on BSE SME. The listing price was Rs 283.10 and the 5% upper circuit is calculated at Rs 283.10 multiplied by 1.05. Upper circuit limits on BSE SME vary and investors should confirm the latest circuit limits on bseindia.com.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_risks_of_investing_in_Merritronix_shares_after_listing\"><\/span><strong>What are the risks of investing in Merritronix shares after listing?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Key risks include revenue concentration in defence procurement customers, negative operating cash flows in FY26 (Rs 23.38 crore), long working capital cycles in defence contracts, and the stock&#8217;s elevated valuation at listing compared to the issue price. The BSE SME segment also has lower liquidity than mainboard stocks. The stock has already surged 90%+ from the issue price. Consult a SEBI-registered advisor before investing.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Should_I_buy_Merritronix_shares_now_after_the_upper_circuit_listing\"><\/span><strong>Should I buy Merritronix shares now after the upper circuit listing?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> This article does not constitute investment advice. Merritronix share price has already surged 90%+ from the issue price. While the defence ESDM sector provides structural tailwinds, the elevated post-listing valuation and known risks (cash flow, client concentration) require careful assessment. Consult a SEBI-registered financial advisor before making any investment decisions.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_does_Merritronix_compare_to_its_listed_peers_in_the_ESDM_sector\"><\/span><strong>How does Merritronix compare to its listed peers in the ESDM sector?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> At the issue price of Rs 149, Merritronix was priced at approximately 10.7x FY26 earnings, a significant discount to Vinyas Innovative Technologies, which trades at approximately 62.85x earnings. At the listing price of Rs 283.10, Merritronix PE expands to approximately 20.3x, narrowing the discount but still leaving headroom if the company delivers on its growth trajectory.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is Merritronix share price today on listing day June 8 2026?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Merritronix share price listed at Rs 283.10 on June 8, 2026, a 90% premium over the issue price of Rs 149 on BSE SME. The stock subsequently hit a 5% upper circuit at Rs 297.26. Merritronix is an ESDM company focused on defence, aerospace, telecom and industrial electronics. Verify the current price on BSE at bseindia.com before making any decisions.\"}},{\"@type\":\"Question\",\"name\":\"Why did Merritronix IPO list at such a high premium?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Merritronix IPO listed at a 90% premium due to extraordinary investor demand, with the issue subscribed 220.98 times overall (retail 297.67x, NII 476.59x). The defence ESDM sector tailwind, FY26 revenue of Rs 155.59 crore and PAT of Rs 16.10 crore, combined with a compelling valuation of 10.7x FY26 earnings at the issue price, made this one of the most attractive BSE SME IPOs in the June 2026 listing cycle.\"}},{\"@type\":\"Question\",\"name\":\"What is Merritronix and what does it do?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Merritronix Limited is a Hyderabad-based Electronics Systems Design and Manufacturing (ESDM) company incorporated in 1988. It specialises in high-reliability, mission-critical electronic assemblies for defence, aerospace, telecom and industrial applications. The company raised Rs 70.03 crore through a 100% fresh issue IPO listed on BSE SME on June 8, 2026.\"}},{\"@type\":\"Question\",\"name\":\"What was the Merritronix IPO subscription status?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The Merritronix IPO was subscribed 220.98 times overall. The retail category was subscribed 297.67 times, the QIB portion 224.91 times, and the NII segment 476.59 times. The extraordinary subscription reflects strong conviction in the defence ESDM story and the company's valuation discount relative to listed peers.\"}},{\"@type\":\"Question\",\"name\":\"What is the Merritronix upper circuit price today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Merritronix share price hit the 5% upper circuit at Rs 297.26 on its listing day of June 8, 2026, on BSE SME. The listing price was Rs 283.10 and the 5% upper circuit is calculated at Rs 283.10 multiplied by 1.05. Upper circuit limits on BSE SME vary and investors should confirm the latest circuit limits on bseindia.com.\"}},{\"@type\":\"Question\",\"name\":\"What are the risks of investing in Merritronix shares after listing?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Key risks include revenue concentration in defence procurement customers, negative operating cash flows in FY26 (Rs 23.38 crore), long working capital cycles in defence contracts, and the stock's elevated valuation at listing compared to the issue price. The BSE SME segment also has lower liquidity than mainboard stocks. The stock has already surged 90%+ from the issue price. Consult a SEBI-registered advisor before investing.\"}},{\"@type\":\"Question\",\"name\":\"Should I buy Merritronix shares now after the upper circuit listing?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"This article does not constitute investment advice. Merritronix share price has already surged 90%+ from the issue price. While the defence ESDM sector provides structural tailwinds, the elevated post-listing valuation and known risks (cash flow, client concentration) require careful assessment. Consult a SEBI-registered financial advisor before making any investment decisions.\"}},{\"@type\":\"Question\",\"name\":\"How does Merritronix compare to its listed peers in the ESDM sector?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"At the issue price of Rs 149, Merritronix was priced at approximately 10.7x FY26 earnings, a significant discount to Vinyas Innovative Technologies, which trades at approximately 62.85x earnings. At the listing price of Rs 283.10, Merritronix PE expands to approximately 20.3x, narrowing the discount but still leaving headroom if the company delivers on its growth trajectory.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Merritronix share price lists at Rs 283.10 (+90%) on BSE SME on June 8, 2026 and hits 5% upper circuit at Rs 297.26. IPO subscribed 220.98x. Defence ESDM company financials, listing analysis and outlook.<\/p>\n","protected":false},"author":26,"featured_media":109393,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[],"class_list":["post-109375","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"metadata":{"rank_math_internal_links_processed":["1"],"_edit_lock":["1780898094:26"],"_last_editor_used_jetpack":["block-editor"],"rank_math_primary_category":["842"],"rank_math_seo_score":["74"],"rank_math_focus_keyword":["Merritronix Share Price"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"],"rank_math_title":["Merritronix Share Price Hits 5% Upper Circuit on BSE SME Debut"],"rank_math_description":["Merritronix share price lists at Rs 283.10 (+90%) on BSE SME on June 8, 2026 and hits 5% upper circuit. Subscribed 220.98x. 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