Merritronix
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 01-06-2026 | 03-06-2026 | ₹10 per share | ₹141 to ₹149 | 1,000 Shares | BSE SME | 47,00,000 shares (agg. up to ₹70 Cr) | 2026-05-04 00:00:00 | 2026-05-05 00:00:00 | 2026-05-05 00:00:00 | 08-05-2026 |
About The Company
Merritronix IPO is a book build issue of ₹70.03 crores. The issue is entirely a fresh issue of 0.47 crore shares of ₹70.03 crore.
Merritronix IPO opens for subscription on Jun 1, 2026 and closes on Jun 3, 2026. The allotment for the Merritronix IPO is expected to be finalized on Jun 4, 2026. Merritronix IPO will list on the BSE SME with a tentative listing date fixed as Jun 8, 2026.
Merritronix IPO is set issue price band at ₹141 to ₹149 per share. The lot size for an application is 1,000 shares. The minimum amount of investment required by an individual investor (retail) is ₹2,98,000 (2,000 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (3,000 shares), amounting to ₹4,47,000.
GYR Capital Advisors Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Giriraj Stock Broking Pvt.Ltd.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 31-03-2024 | 68 | 86 | 3 | 7.58 | 6.73 | 15.82 |
| 31-03-2025 | 74 | 114 | 9 | 16.23 | 15.39 | 18.57 |
| 31-03-2026 | 154 | 156 | 16 | 52.52 | 40.34 | 43.2 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2000 | 298000 |
| Individual investors (Retail) (Max) | 2 | 2000 | 298000 |
| S-HNI (Min) | 3 | 3000 | 447000 |
| S-HNI (Max) | 6 | 6000 | 894000 |
| B-HNI (Min) | 7 | 7000 | 1043000 |
IPO Listing Details
| Listing Date | 08-05-2026 |
| BSE Script Code | |
| NSE Symbol | |
| ISIN | |
| Final Issue Price | 149 |
Promoter holdings
Dovari Yesudas, Dovari Amarnath, Vanaja D, Darsy Kethan Chandra and Dovari Thaman.
Contact Information of the Company
Merritronix Ltd. Address
C-22, Electronic Complex
Kushaiguda
Hyderabad, Telangana, 500062
- +91 8297912056
- cs@merritronix.com
IPO Lead Manager
GYR Capital Advisors Pvt.Ltd.