Merritronix IPO
Merritronix is a BSE SME IPO is expected to be priced soon with an issue size of ₹70 crore. The IPO opens on Jun 1, 2026 and closes on Jun 3, 2026, with a lot size of 1000 shares and a minimum investment is yet to be announced.
Merritronix IPO
- IPO Dates
- Jun 1, 2026 – Jun 3, 2026
- Price band
- ₹ per equity share per equity share
- Minimum Investment
- —
- Issue size
- ₹70 Cr
- Lot size
- 1000
- Allotment Date
- Jun 4, 2026
- Listing
- Jun 8, 2026
- Listing At
- BSE SME
IPO timeline
-
Jun 1, 2026
Open Date
Completed
-
Jun 3, 2026
Close Date
Completed
-
Jun 4, 2026
Allotment Date
Completed
-
Jun 8, 2026
Listing Date
Completed
Merritronix IPO Essentials
Merritronix IPO Details
Merritronix IPO has a total issue size of 70 crore and will be listed on BSE SME. Price band & Lot size details are yet to be announced.
- Issue price
- ₹ per equity share
- Lot size
- 1000 shares
- Face value
- ₹10 per share
- Issue size
- 47,00,000 shares (agg. up to ₹70 Cr)
- Total issue size
- 47,00,000 shares
(aggregating up to ₹70 crore) - Fresh issue
- 44,64,000 shares
(aggregating up to ₹67 crore) - Listing at
- BSE SME
- Listing date
- Registrar
- Bigshare Services Pvt.Ltd.
- Lead manager
-
GYR Capital Advisors Pvt.Ltd.
Merritronix IPO Details
- Retail Portion NII: 6,72,000 shares (15.05%), Retail: 15,64,000 shares (35.04%)
Merritronix IPO Documents
Merritronix IPO Analytics
Merritronix Valuations
Earnings
- EPS Pre IPO
- ₹12.60/-
- EPS Post IPO
- ₹9.21/-
- P/E Pre IPO
- 11.83
- P/E Post IPO
- 16.18
Fundamentals
- Market Cap
- 260.5 Cr.
Merritronix Financials( In Crs.)
| 31-Mar-26 | 31-Mar-25 | 31-Mar-24 | |
|---|---|---|---|
| Assets | 154.40 | 74.18 | 68.44 |
| Revenue | 156.25 | 114.04 | 86.01 |
| Profit After Tax | 16.10 | 8.66 | 3.05 |
| Net Worth | 52.52 | 16.23 | 7.58 |
| Reserves & Surplus | 40.34 | 15.39 | 6.73 |
| Total Borrowing | 43.20 | 18.57 | 15.82 |
Merritronix Company & Offer Insights
About Merritronix
Incorporated in October 1988, Merritronix Limited is an Electronics Systems Design and Manufacturing (ESDM) company specializing in high-reliability, mission-critical electronic assemblies for defence, aerospace, telecom, and industrial electronics.
It offers B2B services, including component sourcing, PCB assembly, system integration, testing, box-building, and delivery of finished electronics. products, all to India's defense and aerospace standards.
As of December 31, 2025, the company's manufacturing facility has an installed capacity of 7,65,000 boards for SMT assembly, 6,00,000 boards for Through-Hole Technology (THT) assembly, and 4,20,000 units for product assembly/box build, aggregating to a total installed capacity of 17,85,000 production units per annum.
The Company received EN 9100:2018 certification for manufacturing PCBAs for aerospace and defence, equivalent to AS 9100D, JISQ 9100:2016, and includes ISO 9001:2015 standards.
The company's clients include those in defence, aerospace, electrical engineering, heavy industries, power, and utilities.
As of March 31st, 2026, the company had 57 employees in various departments.
Competitive Strength
Three decades of Operating Legacy in Mission-Critical Defence and Aerospace Electronics.
Established Track Record in Mission-Critical Defence and Aerospace programs.
Strong Capabilities in Obsolescence Management and Lifecycle Extension.
Modern SMT Infrastructure and IPC-A-610 Class 3 Assembly Capability.
Strong Order Book providing revenue visibility.
Experienced Promoters and Senior Management
Merritronix Promoter(s)
Dovari Yesudas, Dovari Amarnath, Vanaja D, Darsy Kethan Chandra, Dovari Thaman are the company's promoters of Merritronix.
Merritronix IPO Issue Objectives
- •
- 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 the Company
- •
- General corporate purposes
Merritronix IPO - Anchor Investors
Merritronix IPO raises ₹19.91 crore from anchor investors. Merritronix IPO Anchor bid date is May 29, 2026.
Contact Information
Contact Details
Merritronix
+91 8297912056
C-22, Electronic Complex, Kushaiguda, Hyderabad, Telangana, 500062
Registrar Contact Details
Bigshare Services Pvt.Ltd.
+91-22-6263 8200
Frequently Asked Questions
Click any question to reveal the answer
Merritronix IPO is a Fixed Priced IPO worth ₹70 crore. The IPO opens on Jun 1, 2026 and closes on Jun 3, 2026. It will be listed on BSE SME Platform. Bigshare Services Pvt. Ltd. is the registrar.
The price details for Merritronix IPO are not available yet.
The lot size of Merritronix IPO is 1000 shares.
The minimum investment for Merritronix IPO is not announced yet .
Merritronix IPO opens on Jun 1, 2026 and closes on Jun 3, 2026.
The allotment date of Merritronix IPO is Jun 4, 2026.
Merritronix IPO is expected to be listed on Jun 8, 2026, on BSE SME Platform.
The Grey market premium (GMP) for Merritronix IPO indicates market sentiment and potential listing expectations based on unofficial trading activity.
Merritronix IPO valuation snapshot: P/E 16.18, EPS ₹9.21/-, P/B N/A, RoNW N/A, and market cap 260.5 Cr.
To apply for Merritronix IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Merritronix IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Merritronix IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Merritronix IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Merritronix IPO allotment status on IPO Ji for quick and easy access.