Merritronix
08 Jun '26SME
Min. Investment
₹2,82,000
Issue size
₹70.03 Cr
GMP
Locked
Overall subscription: 288.28x
Check allotment status
Expert verdict
IPO dates
01 Jun
Opening
03 Jun
Closing
04 Jun
Allotment
08 Jun
Listing
*Refunds will be initiated on 05 Jun '26
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2000 | ₹2,98,000 |
Subscription (as on 03 June 2026, 05:30 PM)
Overall288.28x
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 1988|MD: Mr Dovari Amarnath
- Merritronix is an Electronics Systems Design and Manufacturing (ESDM) company engaged in manufacturing high-reliability electronic assemblies and systems for sectors such as defence, aerospace, telecommunications, and industrial electronics.
- The company provides business-to-business (B2B) electronic manufacturing services, including component sourcing, printed circuit board (PCB) assembly, system integration, testing, box-build solutions, and delivery of finished electronic products. Its operations also include turnkey manufacturing, job work, obsolescence management for legacy electronic systems, and trading of electronic and electromechanical components.
- Merritronix uses Surface-Mount Technology (SMT) and Through-Hole Technology (THT) assembly processes and also undertakes box-build and system integration activities. As of March 31, 2026, the company had an installed manufacturing capacity of 1,785,000 production units per annum. Its registered office and manufacturing facility are located in Hyderabad, Telangana.
Issue Details & Objective
Lot size
1000 Shares
Price band
₹141 to 149
Face value
₹10 per share
Financials
IPO reservation
Anchor investor - 28.43%
QIB - 18.98%
HNI - 14.30%
Retail - 33.28%
Download DRHP (IPO Doc)FAQs
Should I apply for the Merritronix IPO?
Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
What is the issue size of Merritronix IPO?
The issue size of Merritronix IPO is ₹70.03 Cr
What are the open and close dates for Merritronix IPO?
The Merritronix IPO will be open for applications from 01 Jun '26 to 03 Jun '26
What is the lot size and minimum order quantity of Merritronix IPO?
The lot size of Merritronix IPO is 1000 Shares and its minimum investment amount is ₹2,82,000.
What is the GMP value of Merritronix IPO?
Grey market premium (GMP) is a premium amount at which grey market IPO shares are traded before they get listed in the stock exchange. The GMP for Merritronix IPO is 52.35
