Merritronix IPO Subscription Status

Merritronix IPO subscription started on Monday June 1, 2026 and will close on June 3, 2026. Merritronix IPO to raise around ₹70.03 crores via IPO. The retail quota is 35%, QIB is 50% and NII is 15%. The price band is fixed at ₹141 to ₹149 per equity share.

Subscription IPO Details GMP Messages Review Allotment Listing

The Merritronix IPO minimum market lot is 2,000 shares with ₹2,98,000 application amount. The Merritronix IPO is a SME IPO, and it is to be listed on BSE SME.

Business Overview

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.

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.

IPOWatch View

We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.

Merritronix IPO Subscription Status – Day 3

Category	Day 1	Day 2	Day 3
QIB	0.00	3.09	224.91
NII	21.63	107.11	476.59
RII	22.62	89.25	297.67
Total	15.96	68.52	315.36

Merritronix IPO Investor Categories

Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
Retail Individual Investors (RII): Retail Individual Investors or NRIs
Employee (EMP): Eligible Employees
Others: Eligible Shareholders

Merritronix IPO Review and Rating

May Apply For Long-term View

Merritronix IPO Form

How to apply for the Merritronix IPO? You can apply for Merritronix IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Merritronix IPO in the Invest section. The other option is you can apply for Merritronix IPO via IPO forms downloaded online. Check out the Merritronix forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.

Merritronix IPO Subscription Status FAQs:

When Merritronix IPO Subscription will start?

The IPO subscription starts on June 1, 2026 for QIB, NII, and Retail Investors.

How to subscribe Merritronix IPO?

You can go with ASBA and Non-ASBA options for a subscription. Go to your bank account and apply for IPO online via ASBA or download the form online or get the physical form and submit the filled form to your broker or bank.

How do I check live Merritronix IPO Subscription Numbers Today?

One can visit our portal for live IPO subscription numbers that we are updating hourly basis from the official websites. One can check the live subscription on official websites on the particular IPO page.

How to Apply the Merritronix IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Merritronix”. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Merritronix IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Merritronix”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Merritronix IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Merritronix” Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

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.