Merritronix Ltd IPO – Dates, Price Band & Lot Size
The Merritronix Ltd IPO will be live from 01 Jun'26 to 03 Jun'26 with an issue size of ₹70.03 crores. The IPO is priced in the band of ₹0.00–₹149.00 per share with a minimum lot size of 2000.00 shares. Stay updated with IPO dates, allotment status, and listing details.
Min Investment ₹298000.00
Subscribed Times 293.31x
Issues size ₹70 Crores
Price Range ₹0.00 - ₹149.00
Open on 01 Jun'26
Close on 03 Jun'26
Merritronix Ltd IPO Details
Lot Size 2000.00
Issue size ₹70 Crores
Issue Type Book Building
Merritronix Ltd Shares Offered
Qualified Inst. Buyers 26.52
Non Inst. Buyers 26.99
Retails Ind. Buyers 46.49
Merritronix Ltd Subscription Status
(as of 23 Jun 2026) Overall Status 293.31x
Qualified Inst. Buyers 224.91x
Non Inst. Buyers 352.98x
Retails Ind. Buyers 297.67x
Merritronix Ltd IPO Timeline
01 Jun'26 Issue Open
03 Jun'26 Issue Close
04 Jun'26 Finalization of Basis of Allotment
05 Jun'26 Initiation of refund
05 Jun'26 Transfer of shares to Demat Account
08 Jun'26 Listing Date
Merritronix Ltd Objects of the offer
Enhance Production Capacity and Operational Efficiency to Strengthen Competitiveness.
Invest in Research and Development to Develop Complete Systems.
Improving margins through direct PSU engagement and value-added capabilities.
Business Diversification
Expand Our Business and Geographical Footprint.
Merritronix Ltd Company's Financials
Assets(cr) Mar 2026 96.81 Mar 2025 35.92 Mar 2024 24.34
Gross Profit(cr) Mar 2026 23.49 Mar 2025 12.79 Mar 2024 4.70
Liabilities(cr) Mar 2026 43.69 Mar 2025 19.08 Mar 2024 16.16
Net Income(cr) Mar 2026 16.10 Mar 2025 8.66 Mar 2024 3.05
Revenue(cr) Mar 2026 155.90 Mar 2025 113.56 Mar 2024 85.70
Merritronix Ltd Peer Comparison
Script Name Centum Electronics Limited Revenue(cr) 952.75 Net Profit(cr) -51.81 EPS -31.62 Current Ratio -3.97
Script Name Vinyas Innovative Technologies Limited Revenue(cr) 514.32 Net Profit(cr) 30.87 EPS 24.36 Current Ratio 6.59
Script Name Merritronix Ltd Revenue(cr) 155.90 Net Profit(cr) 16.10 EPS 0.00 Current Ratio 2.57
Merritronix Ltd IPO
Merritronix Ltd Company Contact Info
C-22 Electronic Complex,
Kushaiguda,
Hyderabad-500062
Phone : +91 82979 12056
Merritronix Ltd Registrar & Transfer Agent
Bigshare Services Pvt Ltd
Office No S6-2,
Pinnacle Busine.Park-Mumbai - 400093
Phone : 91-22-62638200
Fax : 91-22-63638299
Merritronix Ltd Book Running Managers
GYR Capital Advisors Private Limited
Offer Related Information
Initial public offer of 47,00,000 equity shares of face value of Rs. 10/- each (Equity Shares) of Merritronix Ltd (the Company or Merritronix or Issuer) at an issue price of Rs. 149 per equity share (including a share premium of Rs. 139 per equity share) for cash, aggregating Rs. 70.03 Crores (Public Issue) out of which 2,36,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 149 per equity share for cash, aggregating Rs. 3.52 Crores will be reserved for subscription by the market maker to the issue (the Market Maker Reservation Portion). The public issue less market maker reservation portion i.e. Issue of 44,64,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 149 per equity share for cash, aggregating Rs. 66.51 Crores is hereinafter referred to as the Net Issue. The public issue and net issue will constitute 26.88% and 25.53% respectively of the post-issue paid-up equity share capital of the company.Price Band: Rs. 149/- per equity share of face value Rs. 10/- each.The floor price is 14.9 times of the face value of the equity shares. Bids can be made for a minimum of 2000 equity shares and in multiples of 1000 equity shares thereafter.
Merritronix Ltd IPO FAQs
What is the issue size of Merritronix Ltd IPO?
The issue size of Merritronix Ltd IPO is ₹ 70 crore.
What is 'pre-apply' for Merritronix Ltd IPO?
'Pre-apply' lets you place your IPO application before the official opening date.
If I pre-apply for Merritronix Ltd IPO, when will my order get placed?
Your order will be placed automatically once the IPO opens for subscription.
When will I know if my Merritronix Ltd IPO order is placed?
You'll get a confirmation via SMS/email once your IPO order is successfully placed.
What are the open and close dates of the Merritronix Ltd IPO?
The IPO opens on 01 Jun and closes on 03 Jun.
What is the lot size and minimum order quantity of the Merritronix Ltd IPO?
The minimum order is 1 lot, which consists of 2000.00 shares.
What is the allotment date for the Merritronix Ltd IPO?
The allotment is expected on 04 Jun.
Who is the registrar of the Merritronix Ltd IPO?
Bigshare Services Pvt Ltd is the registrar for this IPO.
Where is the Merritronix Ltd IPO getting listed?
It will be listed on BSE.