Merritronix IPO GMP Day-1: Grey Market Premium

Track the latest Merritronix IPO GMP (Grey Market Premium), along with Kostak rates and Subject to Sauda updates. The Merritronix IPO GMP has become active in the grey market, attracting attention from investors ahead of the public issue. Follow the latest GMP movements and market trends for updated information on the Merritronix IPO.

As per recent grey market activity, the Merritronix IPO GMP reached a high of ₹95 on 23rd May and a low of ₹45 on 21st May. The Merritronix IPO is set to open on June 1, 2026. This SME IPO plans to raise ₹70.03 crores. The price band has been fixed at ₹141 to ₹149 per share, with a market lot of 2,000 Shares for investors.

Merritronix IPO GMP Live Rates day by day with Kostak rates.

Date	IPO GMP	GMP Trend	Gain
1 June	₹88		59.06%
30 May	₹82		55.03%
29 May	₹90		60.40%
28 May	₹92		61.74%
27 May	₹87		58.39%
26 May	₹90		60.40%
25 May	₹93		62.42%
23 May	₹95		63.76%
22 May	₹78		52.35%
21 May	₹75		50.34%
20 May	₹51		34.23%

About Company

Founded in 1988, Merritronix has established itself as a trusted Electronics Manufacturing Services (EMS) company serving India’s defense, aerospace, avionics, and communication sectors. With more than two decades of industry expertise, the company specializes in high-precision PCB assembly, MIL-grade and industrial component sourcing, and turnkey electronics manufacturing solutions. Merritronix has earned the confidence of leading organizations such as HAL, BEL, and BDL by consistently delivering reliable and quality-driven electronic products. Its commitment to technological advancement and operational excellence has helped the company become a recognized name in mission-critical electronics manufacturing.

Over the years, Merritronix has achieved several significant milestones that reflect its growth and industry leadership. From entering the telecom sector in 1994 and launching dedicated electronics manufacturing operations in 2002 to expanding exports to Europe and becoming a key vendor for HAL Hyderabad, the company has continuously evolved to meet changing market demands. Guided by experienced leadership under Founder & Chairman Mr. Dovari Yesudas and CEO Mr. Amarnath Dovari, Merritronix remains focused on innovation, integrity, customer satisfaction, and quality excellence. Its vision is to become a globally preferred provider of defense and aerospace electronic solutions while maintaining the highest standards of performance, reliability, and customer trust.