IPO Update: Merritronix IPO Lists at +90% on BSE Today; Four Issues Open | 24 Jun 2026, 10:00 AM IST
Key Highlights
Four IPOs are currently open for subscription on NSE and BSE, with bidding closing between June 22-23. Merritronix Ltd. saw a significant +90.00% gain on its listing day.
Recent Listings: Merritronix Leads with 90% Gain
The past week has seen a mix of performances in the primary market, with several new listings on both the and . Merritronix Ltd. made a strong debut, listing at a substantial premium to its issue price. Investors closely watch these initial performances to gauge market sentiment for new issues.
| Company | Issue Price (₹) | Listing Price (₹) | Gain/Loss (%) | Per-Lot Gain/Loss (₹) |
|---|---|---|---|---|
| Merritronix Ltd. | 149 | 283.1 | +90.00% | +134.1 |
| Horizon Reclaim (India) Ltd. | 103 | 151 | +46.60% | +48 |
| Susan Electricals India Ltd. | 127 | 186 | +46.46% | +59 |
| CMR Green Technologies Ltd. | 192 | 275.4 | +43.44% | +83.4 |
| Vahh Chemicals Ltd. | 60 | 70 | +16.67% | +10 |
| Hexagon Nutrition Ltd. | 45 | 48 | +6.67% | +3 |
| Aureate Tradde Ltd. | 70 | 70 | +0.00% | +0 |
| Utkal Speciality Industries India Ltd. | 66 | — | — | — |
| Genxai Analytics Ltd. | 116 | — | — | — |
| UHM Vacation Ltd. | 166 | 132.8 | −20.00% | −33.2 |
It is important for investors to note that listing gains are not guaranteed, as evidenced by UHM Vacation Ltd.’s debut. Companies like Utkal Speciality Industries India Ltd. and Genxai Analytics Ltd. have also listed recently, though their listing prices are not immediately available for comparison.
for : Four Issues Close This Week
As of Wednesday, June 24, 2026, four initial public offerings are currently open for subscription, with their bidding periods concluding by the end of this week. These issues represent various sectors, offering diverse opportunities for investors.
| Company | Issue Price (₹) | (₹) | Subscription Window |
|---|---|---|---|
| Turtlemint Fintech Solutions Ltd. | 152 | 152 | 2026-06-19 → 2026-06-23 |
| Anubhav Plast Ltd. | 80 | 80 | 2026-06-19 → 2026-06-23 |
| Avience Biomedicals Ltd. | 208 | 208 | 2026-06-18 → 2026-06-22 |
| Riyaasat Lifestyle Ltd. | 108 | 108 | 2026-06-18 → 2026-06-22 |
Investors interested in these issues should review the company’s red herring prospectus for detailed financial information and business prospects before making any decisions.
Upcoming IPOs: Five New Issues Expected
The primary market pipeline remains active, with five new initial public offerings expected to open for subscription soon. These upcoming issues will add to the choices available for investors looking to participate in the primary market.
| Company | Issue Price (₹) | Min. Investment (₹) | Expected Dates |
|---|---|---|---|
| CSM Technologies Ltd. | 113 | 113 | 2026-06-24 → 2026-06-29 |
| Dhanwel Hybrid Seeds Ltd. | 99 | 99 | 2026-06-24 → 2026-06-29 |
| Waterways Leisure Tourism Ltd. | 808 | 808 | 2026-06-23 → 2026-06-25 |
| Advit Jewels Ltd. | 138 | 138 | 2026-06-23 → 2026-06-25 |
| Shreedhar Spinners Ltd | 53 | 53 | 2026-06-23 → 2026-06-25 |
With a total of nine companies either currently open or set to open for subscription, the Indian primary market continues to offer a range of investment opportunities across various sectors.