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Merritronix Limited

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.

Merritronix Limited IPO & Charts
₹149

0%

Open

₹149

HIgh - Low

₹149

Previous Close

₹149

Total Traded Value

0

52 Weeks High

₹149

52 Weeks Low

₹149

Updates On

May 25, 2026

IPO. Open

Jun 1, 2026

IPO. Close

Jun 3, 2026

IPO. Price

₹149.00

IPO Market price

₹260.52 Cr

IPO Details

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 Timeline

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

IPO Reservation

Category Offer
QIB Shares Offered 8,92,000 Shares
NII (HNI) Shares Offered 6,72,000 Shares
Retail Shares Offered 15,64,000 Shares

IPO Lot Size

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
About Company

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.

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Company Financials (Consolidated)

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

Key Performance Indicator (KPI)

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 Objective

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) -

Contact Details

Merritronix Ltd.
C-22, Electronic Complex
Kushaiguda
Hyderabad, Telangana, 500062
Phone: +91 8297912056
Email: cs@merritronix.com
Website: https://www.merritronix.com/

Detail Registrar

Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html

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