Merritronix GMP IPO Date, Review, Price, Allotment Details
Merritronix IPO Summary
IPO Open Date: 01 Jun 2026
IPO Close Date: 03 Jun 2026
Price Band: ₹141 to ₹149 Per Share
Issue Size: Approx ₹70.03 Crores, 47,00,000 Equity Shares
Listing Exchange: BSE SME
Website: https://www.merritronix.com/
Merritronix IPO Overview
Merritronix IPO is a book build issue of ₹70.03 crores. The issue is entirely a fresh issue of 0.47 crore shares of ₹70.03 crore.
Merritronix IPO opens for subscription on Jun 1, 2026 and closes on Jun 3, 2026. The allotment for the Merritronix IPO is expected to be finalized on Jun 4, 2026. Merritronix IPO will list on the BSE SME with a tentative listing date fixed as Jun 8, 2026.
Merritronix IPO is set issue price band at ₹141 to ₹149 per share. The lot size for an application is 1,000 shares. The minimum amount of investment required by an individual investor (retail) is ₹2,98,000 (2,000 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (3,000 shares), amounting to ₹4,47,000.
Merritronix IPO Details
| Company Name | Merritronix Ltd |
| IPO Open Date | 01 Jun 2026 |
| IPO Close Date | 03 Jun 2026 |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹141 to ₹149 Per Share |
| Issue Size | Approx ₹70.03 Crores, 47,00,000 Equity Shares |
| Fresh Issue | Approx ₹70.03 Crores, 47,00,000 Equity Shares |
| Offer for Sale | - |
| Issue Type | Book Building Issue |
| Listing On | BSE SME |
Merritronix IPO Market Lot
The Merritronix IPO minimum market lot is 2,000 shares with ₹2,98,000 application amount.
| Category | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 2,000 | ₹2,98,000 |
| Retail Maximum | 2 | 2,000 | ₹2,98,000 |
| S-HNI Minimum | 3 | 3,000 | ₹4,47,000 |
| S-HNI Maximum | 6 | 6,000 | ₹8,94,000 |
| B-HNI Minimum | 7 | 7,000 | ₹10,43,000 |
Merritronix IPO Reservation
| Investor Category | Shares Offered | % of Issue |
|---|---|---|
| Anchor Investor | 13,36,000 Shares | 28.43% |
| QIB (Ex. Anchor) | 8,92,000 Shares | 18.98% |
| NII / HNI | 6,72,000 Shares | 14.30% |
| Retail | 15,64,000 Shares | 33.28% |
Merritronix IPO Dates & Allotment
The Merritronix IPO date is June 1 and the close date is June 3. The Merritronix IPO allotment will be finalized on June 4 and the IPO listing on June 8.
| IPO Opening Date | 01 Jun 2026 |
| IPO Closing Date | 03 Jun 2026 |
| Bidding Cutoff Time | 5 PM |
| Basis of Allotment | 04 Jun 2026 |
| Refunds Initiation | 05 Jun 2026 |
| Credit to Demat | 05 Jun 2026 |
| IPO Listing Date | 08 Jun 2026 |
Merritronix IPO Objects of the Issue & Utilization of Proceeds
| Description | Amount |
|---|---|
| Capital expenditure towards purchase of Machinery and equipment | ₹21.36 |
| Funding working capital requirements | ₹21.95 |
| Repayment/ prepayment, in full or part, of all or certain outstanding borrowings availed by the Company | ₹12.72 |
| General corporate purposes | ₹- |
Merritronix Ltd Financials
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2024 | ₹86.01 | ₹81.72 | ₹3.05 | ₹68.44 |
| 2025 | ₹114.04 | ₹101.64 | ₹8.66 | ₹74.18 |
| 2026 | ₹156.25 | ₹133.23 | ₹16.10 | ₹154.40 |
Merritronix IPO Valuation
Check Merritronix IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Parameter | Value |
|---|---|
| Earnings Per Share (EPS) | ₹13.92 (Basic) |
| P/E Ratio | N/A |
| Return on Equity (ROE) | 46.03% |
| Return on Capital Employed (ROCE) | 45.26% |
| Return on Net Worth (RoNW) | 30.66% |
| Net Asset Value (NAV) | ₹41.56 |
| EBITDA Margin | 17.42% |
| PAT Margin | 10.33% |
| Debt to Equity Ratio | 0.81 |
Merritronix IPO Peer Group Comparison
| Company | EPS | P/E | RoNW % | NAV | Total Income |
|---|---|---|---|---|---|
| Centum Electronics Limited | NA | NA | 15.09 | 233.36 | 968.57 Cr. |
| Vinyas Innovative Technologies Limited | 15.43 | 62.85 | 13.22 | 116.77 | 400.15 Cr. |
Merritronix IPO Promoters & Holding Pattern
The promoters of the company are Dovari Yesudas, Dovari Amarnath, Vanaja D, Darsy Kethan Chandra and Dovari Thaman.
| Particulars | Shares | % Share |
|---|---|---|
| Promoter Holding Pre Issue | 1,27,84,854 | 85.17% |
| Promoter Holding Post Issue | 1,74,84,854 | -% |
Merritronix IPO Lead Managers (Merchant Bankers)
- Horizon Management Pvt.Ltd
About Merritronix Ltd
Merritronix is a premier Electronic Manufacturing Services (EMS) provider based in India, specializing in high-quality PCB assembly and box-build solutions. With decades of industry expertise, they cater to diverse sectors including defense, aerospace, medical, and industrial electronics. The company is committed to operational excellence, utilizing state-of-the-art infrastructure and rigorous quality standards to deliver end-to-end manufacturing support.
Merritronix Ltd Address
C-22, Electronic Complex, Kushaiguda, Hyderabad, Telangana, 500062Phone: +91 8297912056
Email: [email protected]
Merritronix IPO Registrar
Kfin Technologies Ltd.
Phone: 04067162222
Email: [email protected]
Website: https://ipostatus.kfintech.com/