Merritronix IPO Day 1 Subscription Status: Booked 7.03x Overall So Far
By HDFC SKY | Published at: Jun 1, 2026 03:36 PM IST
Merritronix IPO Day 1 subscribed 7.03 times, with Retail at 10.16x, NII at 9.10x and QIB at 0.00x as of June 1, 2026, 12:49 PM.
Mumbai, June 1: Merritronix Limited’s initial public offering (IPO) opened for subscription on June 1, 2026, and is scheduled to close on June 3, 2026. The SME public issue aims to raise ₹70.03 crore through a fresh issue of 47 lakh equity shares. The company has fixed the price band at ₹141 to ₹149 per share and plans to list on the BSE SME platform.
As of 12:49 PM on Day 1, the IPO had received bids for 2.20 crore shares against 31.28 lakh shares on offer, translating into an overall subscription of 7.03 times.
Merritronix IPO Day 1 Subscription Status
The public issue was subscribed 7.03 times as of June 1, 2026, 12:49 PM (Day 1).
| Category | Subscription (x) | Shares Offered | Shares Bid For |
| QIB (Ex Anchor) | 0.00 | 8,92,000 | 0 |
| NII (HNI) | 9.10 | 6,72,000 | 61,17,000 |
| Retail Individual Investors | 10.16 | 15,64,000 | 1,58,88,000 |
| Total | 7.03 | 31,28,000 | 2,20,05,000 |
Category-wise Merritronix IPO Subscription Status
| Investor Category | Subscription (x) |
| QIB (Ex Anchor) | 0.00 |
| NII (HNI) | 9.10 |
| bNII (> ₹10 lakh) | 20.31 |
| sNII (< ₹10 lakh) | 8.09 |
| Retail Individual Investors | 10.16 |
| Anchor Investors | 1.00 |
| Total | 7.03 |
Merritronix Day-wise Subscription Summary
| Date | QIB (Ex Anchor) | NII (HNI) | Retail | Total |
| June 1, 2026 (Day 1) | 0.00 | 9.10 | 10.16 | 7.03 |
Merritronix IPO Timeline
| Event | Date |
| Issue Open Date | June 1, 2026 |
| Issue Close Date | June 3, 2026 |
| Basis of Allotment | June 4, 2026 |
| Initiation of Refunds | June 5, 2026 |
| Credit of Shares | June 5, 2026 |
| Listing Date | June 8, 2026 |
Brief Overview Of The IPO
| Particulars | Details |
| Issue Size | ₹70.03 crore |
| Issue Type | Fresh Issue |
| Fresh Issue Shares | 47,00,000 equity shares |
| Price Band | ₹141 to ₹149 per share |
| Lot Size | 1,000 shares |
| Minimum Retail Application | 2,000 shares (₹2,98,000) |
| Listing Platform | BSE SME |
| Registrar | Bigshare Services Pvt. Ltd. |
| Lead Manager | GYR Capital Advisors Pvt. Ltd. |
| Market Maker | Giriraj Stock Broking Pvt. Ltd. |
Merritronix Limited, incorporated in October 1988, operates in the Electronics Systems Design and Manufacturing (ESDM) segment. The company focuses on high-reliability electronic assemblies used across defence, aerospace, telecom and industrial applications.
Its offerings include component sourcing, PCB assembly, system integration, testing, box-building and delivery of finished electronic products. As of December 31, 2025, the company reported installed manufacturing capacity of 7,65,000 boards for SMT assembly, 6,00,000 boards for Through-Hole Technology assembly and 4,20,000 units for product assembly and box-build operations, taking total annual production capacity to 17,85,000 units.
Source:
- https://www.bseindia.com/markets/publicissues/displayipo?id=4597&type=IPO&idtype=1&status=L&IPONo=7740&startdt=01%2F06%2F2026
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Please Note: The information shared is intended solely for informational purposes and does not make any investment recommendations
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