Merritronix Ltd.
SMEBSE₹141–149
₹ 50 Cr
2000 Shares
₹ 2,82,000
₹10
Financial Summary
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| 15,589.56 | 11,356.38 | |
| 35.27 | 47.62 | |
| 15,624.83 | 11,404 | |
| 12,867.51 | 9,842.35 | |
| 2,301.99 | 1,239.65 | |
| 1,610.3 | 865.95 |
Subscription Details
Subscription
IPO Timeline
IPO Offer Start
1 Jun 2026
IPO Offer Ends
3 Jun 2026
8 Jun 2026
Use of Proceeds
| # | Purpose | Amount (₹ Million) |
|---|---|---|
| 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
Book Running Lead Managers
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
IPO Registrar
Bigshare Services Pvt Ltd
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
Merritronix Ltd. Latest News
IPO FAQs
The Merritronix Ltd. IPO has a total of ₹50 crore, calculated at the upper end of the .
The Merritronix Ltd. IPO is priced at ₹141–149 per share. bids must fall within this , against a of ₹10 per share.
The for the Merritronix Ltd. IPO is 2,000 shares, which is also the minimum order quantity — you have to apply for at least 2,000 shares, and in multiples of 2,000 beyond that.
The minimum investment in the Merritronix Ltd. IPO is about ₹2,82,000 — one lot of 2,000 shares, calculated at the lower end of the .
Bidding at the cut-off or upper price raises the amount blocked in your account.
The Merritronix Ltd. opens on 1 Jun 2026 and closes on 3 Jun 2026.
Applications have to be in before 5:00 PM IST on the closing day, and your UPI mandate needs to be approved by then as well.
Merritronix Ltd. shares were listed on 8 Jun 2026 on BSE.
Bigshare Services Pvt Ltd is the for the Merritronix Ltd. IPO.
The registrar processes the , refunds and the credit of shares to your demat account, so allotment-status queries go to them.
Merritronix Ltd. IPO shares are listed on BSE.
Each Merritronix Ltd. share has a of ₹10.
Face value is the nominal value recorded in the company's books and is separate from the issue price you pay.
held 85.17% of Merritronix Ltd. before the IPO, which falls to 62.27% after the issue.
33,64,000 shares of Merritronix Ltd. are being offered to the public in this issue.
The Merritronix Ltd. IPO has been subscribed 293.31x overall — 224.91x, 352.98x and 297.67x.
figures update through the issue period until it closes.
- 1.Capital expenditure towards purchase of Machinery and equipment
- 2.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
GYR Capital Advisors Pvt Ltd. is the book running lead manager for the Merritronix Ltd. IPO.
Pre-apply means placing your Merritronix Ltd. application before the subscription window actually opens. The bid is held and forwarded to the exchange on the opening day, so you don't have to submit it in the rush of the first morning.
Applying early doesn't improve your chances — when an issue is oversubscribed, the for investors is decided by a lottery, not by who applied first. Your money is only blocked once the application reaches the exchange.
You can apply in the Merritronix Ltd. IPO online using either UPI or ASBA as the payment method. ASBA applications are made through the net banking of a bank account that supports IPO applications — the bank blocks the amount in your account instead of debiting it. UPI applications are offered by brokers that don't provide banking services: you enter your UPI ID and then approve the mandate request in your UPI app.
Either route needs a demat account. You bid for at least one lot, at a price within the or at the cut-off price, and the money stays blocked in your bank account until the is finalised.
Your broker or bank confirms the bid once it has been submitted to the exchange, usually within a few minutes during the bidding window. A UPI application only goes live after you approve the mandate request — ignore it and the bid lapses, even though it looks placed.
You can check the Merritronix Ltd. bid independently on the NSE or BSE IPO bid-verification page a day after applying. An ASBA application also shows up as a blocked amount in your bank statement.