Merritronix IPO GMP Day-2: Grey Market Premium

The Merritronix IPO GMP (Grey Market Premium) has started in the grey market, along with Kostak rates and Subject to Sauda activity. Investors are actively tracking early sentiment as the IPO gains attention ahead of its launch.

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.

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Date	IPO GMP	GMP Trend	Gain
2 June	₹90		60.40%
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%

Company Overview

Merritronix is a leading electronics manufacturing services (EMS) company established in 1988, specializing in high-precision electronic solutions for defense, aerospace, telecom, and industrial applications. Over the years, the company has built a strong reputation for delivering reliable and mission-critical electronic assemblies, including PCB assembly, MIL-grade components, and turnkey electronics manufacturing solutions. With decades of expertise, Merritronix has become a trusted partner for major Indian defense organizations such as HAL, BEL, and BDL, reflecting its strong commitment to quality, precision, and performance.

The company focuses on innovation-driven manufacturing supported by strict quality control systems and globally aligned standards. Merritronix operates with a vision to redefine electronics manufacturing by delivering high-performance, defect-free products with minimal turnaround time. Its leadership team brings extensive industry experience, driving continuous improvement, technological advancement, and global expansion. With a strong legacy since 1988, the company has evolved into a key player in critical electronics manufacturing, consistently strengthening its position in defense and aerospace supply chains while maintaining a focus on reliability and customer trust.