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Merritronix Limited

Listed
MRTXSME IPO· BSE
Prospectus (DRHP) More info

Price Band

₹141 – ₹149

Lot Size

1000 shares

Min ₹1,49,000

Issue Size

₹70 Cr

GMP (Grey Market)

₹68 (45.6%)

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About Merritronix Limited

Merritronix Ltd. is an Electronics Systems Design and Manufacturing (ESDM) company that provides high-reliability electronic assemblies and systems mainly for the defence, aerospace, telecommunications and specialised industrial electronics sectors. The company operates as a business-to-business (B2B) manufacturer and offers services such as component sourcing, printed circuit board (PCB) assembly, system integration, testing, box-build solutions and delivery of finished electronic products. Its manufacturing capabilities include Surface-Mount Technology (SMT), Through-Hole Technology (THT) assembly and product integration for mission-critical applications. Merritronix also earns revenue from turnkey manufacturing, job work services, obsolescence management and trading sales. Over the years, the company has expanded from telecom component supply into defence and aerospace electronics manufacturing, while also developing capabilities in lifecycle support and obsolete component management for legacy electronic systems.

Issue Details
IPO Open Date1 Jun 2026
IPO Close Date3 Jun 2026
Basis of Allotment4 Jun 2026
Refunds Initiation5 Jun 2026
Listing Date8 Jun 2026
Face Value—
Fresh Issue—
Offer for Sale—
Minimum Investment (Retail)₹1,49,000
RegistrarBigshare Services Pvt.Ltd.check allotment ↗
Lead ManagersGYR Capital Advisors Pvt.Ltd.
IPO Timeline

  1. Issue open date

    1 Jun 2026

  2. Issue close date

    3 Jun 2026

  3. UPI mandate deadline

    3 Jun 2026

  4. Allotment finalization

    4 Jun 2026

  5. Refund initiation

    5 Jun 2026

  6. Share credit

    5 Jun 2026

  7. Listing date

    8 Jun 2026

  8. Mandate end date

    18 Jun 2026

  9. Lock-in end date for anchor investors (50%)

    3 Jul 2026

  10. Lock-in end date for anchor investors (remaining)

    1 Sept 2026

Strengths
  • Merritronix specialises in high-reliability electronics for defence, aerospace, and industrial applications.
  • The company offers end-to-end services including PCB assembly, system integration, testing, and box-build solutions.
  • It has expertise in obsolescence management for legacy electronic systems and components.
  • Merritronix is an approved vendor for key defence and aerospace public sector entities.
  • The company has EN 9100:2018 certification for aerospace and defence electronics manufacturing.
Risks
  • The company depends heavily on a concentrated customer base in the defence and industrial sectors.
  • It operates mainly as a B2B manufacturer with limited brand recognition.
  • Any delay or cancellation of customer orders could affect revenue and profitability.
  • The business faces pricing pressure due to competitive bidding in the EMS industry.
  • Dependence on imported semiconductor chips may expose the company to supply chain risks.
Subscription Status

Updated 3 Jun 2026, 10:26 pm

QIB224.91x
NII (HNI)476.59x
Retail297.67x
Total315.36x
Grey Market Premium

Updated 8 Jul 2026, 1:13 pm

₹68

Estimated listing: ₹217 (45.6% over upper band)

GMP is unofficial and indicative only. It is not a reliable predictor of listing price.

Frequently asked questions — Merritronix Limited IPO

What is the price band of Merritronix Limited IPO?

The price band of the Merritronix Limited SME IPO is ₹141 – ₹149 per share with a lot size of 1000 shares.

When does Merritronix Limited IPO open and close?

Merritronix Limited SME IPO opens on 1 Jun 2026 and closes on 3 Jun 2026. Allotment is expected on 4 Jun 2026.

What is the GMP of Merritronix Limited IPO today?

The latest grey market premium (GMP) for Merritronix Limited is ₹68 (about 45.6% over the upper price band). GMP is indicative only and not investment advice.

What is the minimum investment for Merritronix Limited IPO?

The minimum investment for Merritronix Limited is ₹1,49,000 (1 lot = 1000 shares).

How do I check Merritronix Limited IPO allotment status?

Allotment for Merritronix Limited is expected on 4 Jun 2026. Check your Merritronix Limited allotment on the registrar (Bigshare Services) or the BSE "Status of Issue Application" page using your PAN, application number or DP/Client ID.

When will Merritronix Limited IPO list?

Merritronix Limited SME IPO is expected to list on 8 Jun 2026 on the SME exchange.

What is the issue size of Merritronix Limited IPO?

The total issue size of the Merritronix Limited SME IPO is ₹70 Cr.

Check allotment on our IPO allotment status page, or track live IPO GMP.

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