Merritronix IPO GMP today is Rs 134.1. Investors can use this GMP along with price band and subscription status for a better IPO review.
Listed
SME IPO
MERRITRONIX
Merritronix IPO GMP & Allotment
Merritronix is a SME IPO with a price band of Rs 141.00 to Rs 149.00 that listed on 08 Jun 2026 at a listing gain of +90.00%. Track its full GMP history, subscription data and listing details here.
- IPO Price Band
- ₹141.00 - ₹149.00
- Lot Size
- 1,000 Shares
- Bidding Closes
- 03 Jun 2026
- Listing Date
- 08 Jun 2026
Current GMP Status
₹134.1
+90% vs upper band
Est. Listing Gain
+90.00%
Last Trend
02 Jun 2026
Listing Price
₹283.10
Retail Entry
₹2,98,000
IPO Details
Complete IPO information
| IPO Open Date | 01 Jun 2026 |
|---|---|
| IPO Close Date | 03 Jun 2026 |
| IPO Price Band | ₹141.00 - ₹149.00 |
| Lot Size | 1,000 Shares |
| Current GMP | ₹134.1 |
| Estimated Listing Gain | +90.00% |
| Issue Size | - |
| Fresh Issue | - |
| Issue Type | SME |
| IPO Listing | NSE, BSE |
| Retail Quota | TBA |
| Registrar | TBA |
| Overall Subscription | 15.96x |
| Minimum Investment | ₹2,98,000 |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus | - |
Analysis
IPO Snapshot & Investor Takeaways
At the upper end of its price band, Merritronix is priced at ₹149 per share. With a minimum lot size of 1,000 shares, a retail investor applying for one lot would need approximately ₹2,98,000 to participate in this SME issue.
The latest recorded Grey Market Premium for Merritronix stands at ₹134.1, implying an estimated listing gain of around 90.00% over the issue price if it holds until listing. This is up ₹90 from its previously recorded level. GMP reflects informal grey-market sentiment rather than a guaranteed outcome, and can change at any point until the day of listing.
As of the latest update, Merritronix's IPO was subscribed 15.96x overall, with a category-wise breakdown of Retail 22.62x, QIB 0x.
SME IPOs list on the dedicated SME platform of BSE/NSE. They usually involve smaller issue sizes and a higher per-lot investment than Mainboard issues, with comparatively lower institutional participation.
Timeline
IPO roadmap at a glance
✓
Bidding Opens
01 Jun 2026
✓
Bidding Closes
03 Jun 2026
✓
Allotment
TBA
✓
Listing
08 Jun 2026
Grey Market Premium
Daily GMP status
| Date | GMP | Change | Gain |
|---|---|---|---|
| 02 Jun 2026 | ₹90.00 | +₹90.00 | 60.40% |
| 29 May 2026 | ₹0.00 | - | 0.00% |
| 25 May 2026 | ₹0.00 | - | 0.00% |
Swipe to see more →
Market Lot
Application size breakdown
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 Lot | 2,000 | ₹2,98,000 |
| Retail Maximum | 2 Lot | 2,000 | ₹2,98,000 |
| S-HNI Minimum | 3 Lot | 3,000 | ₹4,47,000 |
| S-HNI Maximum | 6 Lot | 6,000 | ₹8,94,000 |
| B-HNI Minimum | 7 Lot | 7,000 | ₹10,43,000 |
Swipe to see more →
Fund Utilization
Objects of the Issue & Official Documents
Analysis
Merritronix IPO Reservation
| Investor Category | Share Offered | -% Shares |
|---|---|---|
| Anchor Investor | 13,36,000 Shares | 28.43% |
| QIB (Ex. Anchor) | 8,92,000 Shares | 18.98% |
| NII Shares Offered | 6,72,000 Shares | 14.30% |
| Retail Shares Offered | 15,64,000 Shares | 33.28% |
Analysis
Merritronix IPO Anchor Investors
| Particulars | Details |
|---|---|
| Anchor Bidding Date | [.] 2026 |
| Anchor Investors List | |
| Shares Offered | [.] Shares |
| Anchor Size | [.] Cr. |
| Lock-in Period End Date (50% Shares - 30 Days) | 2026 |
| Lock-in Period End Date (50% Shares - 90 Days) | 2026 |
Analysis
Merritronix IPO Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 01 Jun 2026 |
| IPO Close Date | 03 Jun 2026 |
| Basis of Allotment | - |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 08 Jun 2026 |
Note: The timeline for Merritronix IPO is tentative and subject to change.
Analysis
Promoters and Holding Pattern
The promoters of the company are Dovari Yesudas, Dovari Amarnath, Vanaja D, Darsy Kethan Chandra, and Dovari Thaman.
| Particular | Shares | % Share |
|---|---|---|
| Promoter Holding Pre Issue | 1,27,84,854 | 85.17% |
| Promoter Holding Post Issue | 1,74,84,854 | -% |
Analysis
Merritronix Objects of the Issue & Utilisation of Proceeds
To Be Updated Soon
Analysis
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.
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.
Analysis
Merritronix Company Financials
To Be Updated Soon
Analysis
Merritronix Company Valuation – FY2026
To Be Updated Soon
Analysis
Merritronix IPO Peer Group Comparison
To Be Updated Soon
Analysis
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Centum Electronics Limited | NA | NA | 15.09% | 233.36 | ₹968.57 Cr. |
| Vinyas Innovative Technologies Limited | 15.43 | 62.85 | 13.22% | 116.77 | ₹400.15 Cr. |
Analysis
IPO Lead Managers aka Merchant Bankers
- GYR Capital Advisors Pvt.Ltd.
Comparison
Compare Merritronix IPO with similar IPOs
FAQ
Merritronix IPO FAQs
Merritronix IPO price band is Rs 141.00 to Rs 149.00. Check the latest issue price, lot size and GMP together before applying.
Merritronix IPO open date is 01 Jun 2026, close date is 03 Jun 2026, and listing date is 08 Jun 2026.
Merritronix IPO lot size is 1,000 shares. The minimum retail investment is Rs 2,98,000.
Merritronix is classified as a SME IPO. This helps investors quickly understand the issue category and exchange segment.
Merritronix IPO subscription status currently shows Retail 22.62x, QIB 0x, Overall 15.96x.
Community discussion
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