Merritronix Ltd.
SMEPrice Range
₹141–149
Issue Size
₹ 50 Cr
Lot Size
2000 Shares
Min. Investment
₹ 2,82,000
Financial Summary
(in crores)| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Operating Revenue | 15,589.56 | 11,356.38 |
| Other Income | 35.27 | 47.62 |
| Total Income | 15,624.83 | 11,404 |
| Total Expenses | 12,867.51 | 9,842.35 |
| Profit Before Tax | 2,301.99 | 1,239.65 |
| Total Profit | 1,610.3 | 865.95 |
Subscription Details
Subscription
IPO Timeline
IPO Offer Start
1 Jun 2026
IPO Offer Ends
3 Jun 2026
Listing Date
8 Jun 2026
Use of Proceeds
| # | Purpose | Amount (₹ Cr) |
|---|---|---|
| 1 | Capital expenditure towards purchase of Machinery and equipment | 213.643 |
| 2 | Funding working capital requirements | 219.521 |
| 3 | Repayment/ prepayment, in full or part, of all or certain outstanding | 110 |
Promoters
Promoter Shareholding
Pre-IPO
85.17%
Promoter stake
Post-IPO
62.27%
Promoter stake
Offered to Public
33,64,000
shares
Post Share Capital
1,08,89,400
shares
About the Company
We are an Electronics Systems Design and Manufacturing services ("ESDM") company specializing in high-reliability, missioncritical electronic assemblies and systems for defence, aerospace, telecommunications, Rapid Prototyping for design houses OEMs, Engineering services Companies and specialized industrial electronics. We are primarily engaged in business-to-business ("B2B") electronic manufacturing services, encompassing component sourcing, printed circuit board ("PCB") assembly, system integration, testing, box-build solutions and delivery of finished electronic products — executed to the quality standards required by India's strategic defence and aerospace programmes. This integrated manufacturing and design support capability enables us to serve industries that require reliable and performanceoriented electronic systems. A key part of our manufacturing process is Surface-Mount Technology (“SMT”), which involves assembling electronic components directly onto the surface of printed circuit boards (PCBs) using automated placement systems and controlled reflow processes. Our SMT capabilities include the assembly of advanced packaging technologies such as Ball Grid Array (BGA) and micro-BGA components, commonly used in high-performance and miniaturized electronic systems. Our manufacturing facility as on December 31, 2025 has an installed capacity of 7,65,000 boards for SMT assembly, 6,00,000 boards for Through-Hole Technology (THT) assembly, and 4,20,000 units for product assembly/box build, aggregating to a total installed capacity of 17,85,000 production units per annum.
Use of Proceeds
1.Capital expenditure towards purchase of Machinery and equipment2.Funding working capital requirements 3.Repayment/ prepayment, in full or part, of all or certain outstanding borrowings availed by our Company 4.General corporate purposes