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Electricals · Listed on BSE · 01 Jun 2026 - 03 Jun 2026
Jagat JoshiMerritronix Limited, incorporated in October 1988, is an Electronics Systems Design and Manufacturing (ESDM) company that focuses on producing high-reliability and mission-critical electronic assemblies for sectors such as defence, aerospace, telecom, and industrial electronics.
The company provides B2B services, including sourcing of components, PCB assembly, system integration, testing, box building, and delivery of fully finished electronic products, all in compliance with India’s defence and aerospace standards.
As of December 31, 2025, its manufacturing facility has a total installed capacity of 17,85,000 units per year, which includes 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 and box-build operations aggregating to a total installed capacity of 17,85,000 production units per annum.
| Date & Time | GMP (₹) | Est. Listing Price | Est. Gain (%) | Est. Profit / Lot (₹) |
|---|---|---|---|---|
| 08-Jun-2026 12:00 PM | +₹74 | ₹223 | +49.66% | ₹74,000 |
| 07-Jun-2026 12:00 PM | +₹61 | ₹210 | +40.94% | ₹61,000 |
| 05-Jun-2026 12:00 PM | +₹69 | ₹218 | +46.31% | ₹69,000 |
| 04-Jun-2026 12:00 PM | +₹78 | ₹227 | +52.35% | ₹78,000 |
| 03-Jun-2026 12:00 PM | +₹85 | ₹234 | +57.05% | ₹85,000 |
| 02-Jun-2026 12:00 PM | +₹90 | ₹239 | +60.40% | ₹90,000 |
| 01-Jun-2026 12:00 PM | +₹88 | ₹237 | +59.06% | ₹88,000 |
| 30-May-2026 12:00 PM | +₹82 | ₹231 | +55.03% | ₹82,000 |
| 29-May-2026 12:00 PM | +₹90 | ₹239 | +60.40% | ₹90,000 |
| 25-May-2026 12:00 PM | +₹93 | ₹242 | +62.42% | ₹93,000 |
| 23-May-2026 12:00 PM | +₹95 | ₹244 | +63.76% | ₹95,000 |
| 22-May-2026 12:00 PM | +₹78 | ₹227 | +52.35% | ₹78,000 |
| 21-May-2026 12:00 PM | +₹75 | ₹224 | +50.34% | ₹75,000 |
| 20-May-2026 12:00 PM | +₹51 | ₹200 | +34.23% | ₹51,000 |
| Category | Subscription (x) | Shares Offered | Shares bid for | Total Amount (₹ Cr) |
|---|---|---|---|---|
| Anchor | 1.00x | 13,36,000 | 13,36,000 | ₹19.91 Cr |
| QIB (Ex. Anchor) | 224.91x | 8,92,000 | 20,06,16,000 | ₹2,989.18 Cr |
| NII | 476.59x | 6,72,000 | 32,02,71,000 | ₹4,772.04 Cr |
| bNII > ₹10L | 563.33x | 4,48,000 | 25,23,72,000 | ₹3,760.34 Cr |
| sNII < ₹10L | 303.12x | 2,24,000 | 6,78,99,000 | ₹1,011.70 Cr |
| Retail | 297.67x | 15,64,000 | 46,55,58,000 | ₹6,936.81 Cr |
| Market Maker | 1.00x | 2,36,000 | 2,36,000 | ₹3.52 Cr |
| Total | 221.28x | 47,00,000 | 98,80,17,000 | ₹14,717.94 Cr |
| Period Ended | 31 MAR 2026 | 31 MAR 2025 | 31 MAR 2024 |
|---|---|---|---|
| Total Income | 156.25 | 114.04 | 86.01 |
| Profit After Tax | 16.10 | 8.66 | 3.05 |
| EBITDA | 27.22 | 15.18 | 6.73 |
| NET Worth | 52.52 | 16.23 | 7.58 |
| Reserves and Surplus | 40.34 | 15.39 | 6.73 |
| Total Borrowing | 43.20 | 18.57 | 15.82 |
| Company Name | EPS (₹) | P/E (x) | NAV (₹) | RoNW (%) | Income (₹ Cr) |
|---|---|---|---|---|---|
| Vinyas Innovative Technologies Limited | 15.43 | 62.85 | 116.77 | 13.22 | 400.15 |
| Centum Electronics Limited | - | - | 233.36 | 15.09 | 968.57 |
Dovari Thaman,Darsy Kethan Chandra,Vanaja,Dovari Amarnath,Dovari Yesudas is the company's promoter of Merritronix.
| Particular | Pre IPO | Post IPO |
|---|---|---|
| Promoter and Promoter Group | 85.17% | 62.28% |
| Others* | 14.83% | 37.72% |
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