Merritronix IPO Listing

Merritronix IPO is listed with a premium of 90% at ₹283.10 on the BSE (Bombay Stock Exchange). The IPO GMP was ₹74 last heard.

On the last day, the Merritronix IPO was subscribed 220.98 times overall, with the retail quota subscribed 297.67 times, the QIB 224.91 times, and the NII 476.59 times.
Merritronix IPO

Merritronix IPO Listing Details        

Listing Date June 8, 2026 
BSE Code 544773Ā 
ISIN Code INE1RQS01010
Offer Price ā‚¹141 to ₹149 Per Share 
Face Value₹10 
Listing Price ā‚¹283.10

Merritronix IPO Details 

Merritronix received SEBI approval for its ₹70.03 crore IPO, with a face value of ₹10 each. Merritronix IPO price band is ₹141 to ₹149 per share.  

Merritronix IPO Funds Utilisations 

  • 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 Shares Distributions 

Moreover, the retail category had 2,000 shares in a 2-lot size, with a minimum application and a maximum application. S-HNI Minimum received 3,000 shares in 3 lot sizes. S-HNI Maximum received 6,000 shares in 6 lot sizes. B-HNI Minimum received 7,000 shares in 7 lot sizes. 

To participate in this IPO, each investor group has a tailored investment range 

  • Retail Minimum Application:- ₹2,98,000.   
  • Retail Maximum Application:-₹2,98,000.  
  • S-HNI Minimum Application:- ₹4,47,000.    
  • S-HNI Maximum Application:-₹8,94,000.  
  • B-HNI Minimum Application:- ₹10,43,000.  

Merritronix IPO Subscription Duration 

IPO Started on June 1, 2026, and closed on June 3, 2026. The allotment was on June 4, 2026. Merritronix IPO listing is today, June 8, 2026.    

About Merritronix IPO            

Merritronix 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.

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Jagat Joshi

Founder of IPOWatch, brings nearly 15 years of experience in IPO analysis and market research. He provides complete coverage of upcoming IPOs, subscription trends, grey market premiums (GMP), and post-listing performance, along with easy-to-understand reviews, insights, and analysis. In his working journey, he has worked with various platforms and received expertise in stock market analysis and primary markets.
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Jagat Joshi

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