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HomeIPOMerritronix Limited
Merritronix Limited

Merritronix Limited

Open Date

Jun 1, 2026

Close Date

Jun 3, 2026

listed

Min Investment

₹2,98,000

Lot Size

1000 Shares

Issue Size

₹70.03 Cr

Price Range

₹141 - ₹141

Listing Date

Jun 8, 2026

IPO Doc

RHP PDF

About Merritronix Limited

Incorporated on October 1988, Merritronix Limited is an ESDM Company engaged in the design and manufacture of mission-critical electronic assemblies of high reliability used in Defence, Aerospace, Telecom and Industrial Electronics. Services offered by the company include sourcing components, assembling printed circuit boards (PCBs), integrating systems, testing, building the box, and delivering finished electronics products as per Indian Defense and Aerospace requirements. By the end of December 31st, 2025, the company's manufacturing plant was equipped with a capacity of 7,65,000 boards for Surface Mount Technology (SMT) assembly, 6,00,000 boards for Through Hole Technology (THT) assembly, and 4,20,000 units for product assembly/box build, which amounts to a total of 17,85,000 production units per year. The company got certified as EN 9100:2018 for manufacturing PCBA in aerospace & defense, which is equal to AS 9100D, JISQ 9100:2016, and ISO 9001:2015. The clientele of the company includes customers from defence, aerospace, electrical engineering, heavy industries, power & utility sectors. As of March 31st, 2026, the company had 57 people working in various

₹68(+45.64%)GMP
22.82%Prediction Listing Gain

Grey Market Premium (GMP) Trend

Merritronix Limited IPO - Issue Objectives

  • Capital expenditure towards purchase of Machinery and equipment - ₹21.36 Cr.
  • Funding working capital requirements - ₹21.95 Cr.
  • Repayment/ prepayment, in full or part, of all or certain outstanding borrowings availed by the Company - ₹12.72 Cr.
  • General corporate purposes
1

Objectives

  • Capital expenditure towards purchase of Machinery and equipment - ₹21.36 Cr.
  • Funding working capital requirements - ₹21.95 Cr.
  • Repayment/ prepayment, in full or part, of all or certain outstanding borrowings availed by the Company - ₹12.72 Cr.
  • General corporate purposes

IPO Subscription Status

QIB
224.91x
NII
476.94x
Total
315.44x

Times subscribed by category (bars capped at 10x for readability). Dashed line marks 1.0x (fully subscribed).

Financials of Merritronix Limited

In Cr.

Contact Details

Merritronix Limited

C-22, Electronic Complex, Kushaiguda, Hyderabad, Telangana - 500062.

+918297912056
cs@merritronix.com
https://merritronix.com

Merritronix Limited IPO - FAQs

Merritronix Limited IPO is a SME IPO. The issue is priced at 141-₹149. The minimum order quantity is 1000 Shares. The IPO opens on 1 Jun, and closes on 3 Jun. TBA is the registrar for the IPO. The shares are proposed to be listed on SME.








IPO Timeline

  • Pre Apply2026-05-29
  • Bidding Starts2026-06-01
  • Bidding Ends2026-06-03
  • Allotment Finalisation2026-06-04
  • Release of Funds2026-06-05
  • Demat Transfer2026-06-05
  • Listing2026-06-08

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