Allotment

Merritronix IPO open date is June 1, 2026 and the IPO will close on June 3, 2026. Merritronix IPO is a Bookbuilding Issue. The company plans to raise around ₹70.03 crores via IPO, which comprises a fresh issue of ₹70.03 crores and an offer for sale of up to [.] equity shares with a face value of ₹10 each.
Merritronix IPO price band is ₹141 to ₹149 per equity share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Merritronix IPO is scheduled to list on BSE SME on June 8, 2026. The allotment date for Merritronix IPO is June 4, 2026.
The company reported revenue of ₹156.25 crores in 2026 against ₹114.04 crores in 2025. It reported profit of ₹16.10 crores in 2026 compared to ₹8.66 crores in 2025. Based on financial performance, investors are advised to consider the IPO for long-term participation.
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| IPO Date | 8 Jun |
| IPO Listing Date | 8 Jun |
| IPO Face Value | ₹10 Per Equity Share |
| IPO Price Range | ₹149.00 |
| IPO Issue Size | 47,00,000 Equity Shares |
| IPO Sale Type | Fresh capital cum OFS |
| Employee Discount | |
| IPO Issue Type | Book Building Issue |
| IPO Listing | BSE SME Platform |
| Share Holding Pre Issue | 1,27,84,854 shares |
| IPO Open Date | 1 Jun |
| IPO Close Date | 3 Jun |
| IPO Allotment (Tentative) | 4 Jun |
| Refunds | 5 Jun |
| Credit to Demat Account | 5 Jun |
| IPO Listing Date | 8 Jun |
| Category | Offer |
|---|---|
| QIB Shares Offered | 8,92,000 Shares |
| NII (HNI) Shares Offered | 6,72,000 Shares |
| Retail Shares Offered | 15,64,000 Shares |
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| Application | Lots | Share | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,000 | ₹2,98,000 |
| Retail (Max) | 2 | 2,000 | ₹2,98,000 |
| S-HNI (Min) | 3 | 3,000 | ₹4,47,000 |
| S-HNI (Max) | 6 | 6,000 | ₹8,94,000 |
| B-HNI (Min) | 7 | 7,000 | ₹10,43,000 |
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.
| Assets | 154.4 | 74.18 | 68.44 |
| Total Income | 156.25 | 114.04 | 86.01 |
| Profit After Tax | 16.1 | 8.66 | 3.05 |
| EBITDA | 27.22 | 15.18 | 6.73 |
| NET Worth | 52.52 | 16.23 | 7.58 |
| Reserves and Surplus | 40.34 | 15.39 | 6.73 |
| Total Borrowing | 43.2 | 18.57 | 15.82 |
| ROE | 46.03% |
| ROCE | 45.26% |
| Debt/Equity | 0.81 |
| RoNW | 30.66% |
| PAT Margin | 10.33% |
| EBITDA Margin | 17.42% |
| Price to Book Value | - |
IPO Objects of the Issue
| S.No. | Objects of the ipo Resources Detail | IPO Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | ₹21.36 |
| 2 | To meet out the expenses of Working Capital Requirement | ₹21.95 |
| 3 | To meet out the General Corporate Purposes; | - |
| 4 | Offer for Sale (OFS) | - |
Merritronix Ltd.
C-22, Electronic Complex
Kushaiguda
Hyderabad, Telangana, 500062
Phone: +91 8297912056
Email: cs@merritronix.com
Website: https://www.merritronix.com/
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html