IPO Update: Merritronix IPO Surges 90% on NSE/BSE; Four Issues Open Today | 22 Jun 2026, 10:00 AM IST
By Sivam
Four IPOs are currently open for subscription on NSE and BSE, with windows closing this week. Merritronix Ltd. saw a remarkable 90.00% listing gain.
The Indian primary market remains active this Monday, June 22, 2026, with four initial public offerings (IPOs) currently open for subscription on the NSE and BSE. Investors are also reviewing recent listings, where several companies have debuted with notable gains, while one faced a significant loss.
Recent IPO Listings: Strong Gains and a Notable Loss
The past week has seen a mix of strong performances and one significant dip among newly listed companies. Merritronix Ltd. led the pack with an impressive 90.00% gain, while UHM Vacation Ltd. saw a 20.00% loss, underscoring the market’s dynamic nature.
| 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 | N/A | N/A | N/A |
| Genxai Analytics Ltd. | ₹116 | N/A | N/A | N/A |
| UHM Vacation Ltd. | ₹166 | ₹132.8 | −20.00% | −₹33.2 |
Currently Open for Subscription on NSE and BSE
As of Monday, June 22, 2026, four IPOs are open for investors to subscribe. These issues represent diverse sectors, offering various investment opportunities with different subscription windows closing this week.
| Company | Issue Price | Min. Investment | Subscription Window |
|---|---|---|---|
| Turtlemint Fintech Solutions Ltd. | ₹152 per share | ₹152 | 2026-06-19 → 2026-06-23 |
| Anubhav Plast Ltd. | ₹80 per share | ₹80 | 2026-06-19 → 2026-06-23 |
| Avience Biomedicals Ltd. | ₹208 per share | ₹208 | 2026-06-18 → 2026-06-22 |
| Riyaasat Lifestyle Ltd. | ₹108 per share | ₹108 | 2026-06-18 → 2026-06-22 |
Upcoming IPOs: What’s Next in the Pipeline
The primary market pipeline remains robust, with five new issues expected to open for subscription later this week. Investors can prepare for these upcoming opportunities, which span various industries.
| Company | Issue Price | Min. Investment | Expected Dates |
|---|---|---|---|
| Waterways Leisure Tourism Ltd. | ₹808 per share | ₹808 | 2026-06-23 → 2026-06-25 |
| Advit Jewels Ltd. | ₹138 per share | ₹138 | 2026-06-23 → 2026-06-25 |
| Shreedhar Spinners Ltd | ₹53 per share | ₹53 | 2026-06-23 → 2026-06-25 |
| CSM Technologies Ltd. | ₹113 per share | ₹113 | 2026-06-24 → 2026-06-29 |
| Dhanwel Hybrid Seeds Ltd. | ₹99 per share | ₹99 | 2026-06-24 → 2026-06-29 |
Overall, the Indian IPO market continues to offer a range of opportunities across different segments. With four issues currently open and five more in the pipeline for the coming days, investors have ample options to consider this week, reflecting a healthy and active primary market.