Merritronix IPO Subscription Status Day-3: Live Bidding

The Merritronix IPO subscription opened on June 1, 2026, and will close on June 3, 2026. Through this public issue, the company plans to raise approximately ₹70.03 crores. The allocation structure reserves 50% for retail investors, 0% for QIBs, and 50% for NIIs.

The IPO price band has been fixed at ₹141 to ₹149 per equity share. Investors can apply for a minimum market lot of 2,000 shares, requiring an investment of ₹2,98,000. The Merritronix IPO is an SME IPO and is proposed to be listed on the BSE SME exchange.

Merritronix IPO Subscription Status – Day 3

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 sectors. The company provides advanced services including PCB assembly, MIL-grade electronic components, and turnkey manufacturing solutions. Over the years, Merritronix has earned a strong reputation for delivering reliable and mission-critical electronic assemblies. Its clientele includes major Indian defense organizations such as Hindustan Aeronautics Limited, Bharat Electronics Limited, and Bharat Dynamics Limited.

Driven by innovation and supported by stringent quality control processes, Merritronix focuses on manufacturing high-performance electronic products that meet global standards. The company aims to deliver defect-free solutions with efficient turnaround times while continuously investing in technology and process improvement. Backed by an experienced leadership team and more than three decades of industry expertise, Merritronix has strengthened its presence in critical defense and aerospace supply chains, maintaining a strong commitment to reliability, precision, and customer satisfaction.