Merritronix IPO Listing Details
| Listing Date | June 8, 2026 |
| BSE Code | 544773 |
| ISIN Code | INE1RQS01010 |
| Offer Price | ₹141 to ₹149 Per Share |
| Face Value | ₹10 |
| Listing Price | ₹283.10 |
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.
