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Merritronix IPO Review

BSE SMEListed

Electricals · Listed on BSE · 01 Jun 2026 - 03 Jun 2026

Jagat JoshiJagat Joshi
October 23, 2026
Issue Size
70.00 Cr
Price Band
₹141.00 - ₹149.00
Lot Size
1000 Shares
Min Investment
₹2,98,000
GMP
₹74
Subscription
221.28x
₹14,717.94 Cr
IPO Timeline
IPO OpensDONE
01 Jun 2026
IPO ClosesDONE
03 Jun 2026
Basis of AllotmentDONE
04 Jun 2026
RefundsDONE
05 Jun 2026
Demat CreditDONE
05 Jun 2026
ListingDONE
08 Jun 2026

About Merritronix IPO

Merritronix IPO open date is June 1, 2026 and the IPO will close on June 3, 2026. Merritronix IPO is a Bookbuilding Issue. The company to raise around ₹70.03 crores via IPO that comprises fresh issue of ₹70.03 crores and offer for sale up to [.] equity shares with face value of ₹10 each.

Merritronix IPO price band is ₹141 to ₹149 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Merritronix IPO to list on BSE SME on June 8, 2026. The allotment of Merritronix IPO date is June 4, 2026.

The company reported revenue of ₹156.25 crores in 2026 against ₹114.04 crores in 2025. The company reported profit of ₹16.10 crores in 2026 against profit of ₹8.66 crores in 2025. As per the financials the IPO investors should apply the IPO for a long term.

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