Merritronix Ltd IPO
Price Range
₹141 - ₹149
-
Min. Quantity
2,000 Shares
Closes on
June 3, 2026
-
Min. investment
₹2,98,000
Merritronix Ltd IPO Timeline
| Event | Date |
|---|---|
| Merritronix Ltd IPO Opening Date | June 1, 2026 |
| Merritronix Ltd IPO Closing Date | June 3, 2026 |
| Basis of Allotment | June 4, 2026 |
| Initiation of Refunds | June 5, 2026 |
| Credit of Shares to Demat | June 5, 2026 |
| Merritronix Ltd IPO Listing Date | June 8, 2026 |
Merritronix Ltd IPO Details
| Merritronix Ltd IPO Date | June 1, 2026 to June 3, 2026 |
| Merritronix Ltd IPO Face Value | ₹10 per share |
| Merritronix Ltd IPO Price | ₹141 to ₹149 per share |
| Merritronix Ltd IPO Lot Size | 2,000 |
| Issue Size | Shares of ₹10 (aggregating up to ₹66.27 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹70.03 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | BSE - SME |
| QIB Shares Offered | Not more than 8,92,000 of the Net Offer |
| Retail Shares Offered | Not less than 15,64,000 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 9,08,000 of the Net Offer |
| Company Promoters | Dovari Yesudas, Dovari Amarnath, Vanaja D |
Merritronix Ltd IPO Lot Size
The Merritronix Ltd IPO lot size is 2,000 shares. A retail-individual investor can apply for up to 0 lots (0 shares or ₹0).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 2,000 | ₹2,98,000 |
| Maximum | - | 0 | ₹0 |
- Strengths
- Risks
- Opportunities
- Experienced Promoters having deep domain knowledge to scale up the business.
- In house manufacturing capabilities.
- Management team with an established track record.
- Established track record of successfully completed orders.
- Efficient operational team.
Company Financials
Merritronix Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2026 | 154.4 | 156.25 | 16.10 |
| 03-2025 | 74.18 | 114.04 | 8.66 |
| 03-2024 | 68.44 | 86.01 | 3.05 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Capital expenditure towards purchase of Machinery and equipment
- Funding working capital requirements
- Repayment/ prepayment, in full or part, of all or certain outstanding borrowings availed by its Company
- General corporate purposes
Merritronix Ltd IPO Promoter Holding
| Pre Issue Share Holding | 15.43% |
| Post Issue Share Holding | 11.28% |
Merritronix Ltd IPO Subscription Status (Bidding Detail)
The Merritronix Ltd IPO is subscribed 63.78 times on June 3, 2026 05:00:00 PM. The public issue subscribed 89.2519 times in the retail category, 3.0908 times in the QIB category, and 79.5308 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 3.0908 | 79.5308 | 89.2519 | - | 63.78 |
Merritronix Ltd IPO Prospectus
Merritronix Ltd IPO Listing Date
| BSE Script | - |
| NSE Symbol | - |
| Listing In | BSE - SME |
| ISIN | INE1RQS01010 |
| IPO Price | ₹0 |
| Face Value | ₹10 |
Company Contact Information
C-22 Electronic ComplexKushaiguda,Hyderabad-500062
Phone: +91 82979 12056
Email: cs@merritronix.com
Website: https://www.merritronix.com/
Merritronix Ltd IPO Registrar
Merritronix Ltd IPO Lead Manager(s)
- GYR Capital Advisors Private Limited
How to Check the Allotment Status of Merritronix Ltd IPO?
To check the IPO allotment status, follow these steps:
- Visit the official website of the IPO registrar.
- Navigate to the IPO Allotment Status page.
- Select “Merritronix Ltd” from the list of available IPOs.
- Enter any one of these - PAN Number, Application Number, DP/Client ID.
- Click on Submit to view your allotment status.
About Merritronix Ltd IPO
Merritronix Limited was incorporated on the October 14, 1988 as 'Merritronix Private Limited', a Private limited company with the Registrar of Companies, Andhra Pradesh. Subsequently, Company was converted into a Public limited company and the name of the Company was changed to 'Merritronix Limited' upon such conversion dated February 07, 2025 obtained from the Central Registration Centre.
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