Merritronix IPO Subscription Status
The Merritronix IPO has been subscribed 293.31x times overall. Retail investors have shown interest with bids for 297.67x the shares available. The Non-Institutional Investor (NII) category has been subscribed 352.98x. Within NII, Big HNI (B-HNI) subscribed 563.86x and Small HNI (S-HNI) subscribed 303.12x. Qualified Institutional Buyers (QIBs) have subscribed 224.91x. Data last updated on 09 Jun, 11:26 AM.
The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 01 Jun, 2026 and closes on 03 Jun, 2026. The shares are expected to list on stock exchanges on 08 Jun, 2026.
Table of Contents
Live Bidding
| Category | Offered | Applied | Bid Details | TIMES |
|---|---|---|---|---|
|
QIB
|
8,92,000 | 20,06,16,000 |
20,06,16,000
of 8,92,000
|
224.91x |
|
NII
|
9,08,000 | 32,05,07,000 |
32,05,07,000
of 9,08,000
|
352.98x |
|
Retail
|
15,64,000 | 46,55,58,000 |
46,55,58,000
of 15,64,000
|
297.67x |
| TOTAL | 33,64,000 | 98,66,81,000 |
98,66,81,000
-
|
293.31x |
Last Updated: 09 Jun 2026, 11:26 AM
Retail Allotment
High demand detected. The retail category is heavily oversubscribed, making the allotment a lottery where only 1 out of every 298 applicants will be successful.
Institutional Backing
Massive institutional interest with QIBs subscribing 224.91x. This often signals long-term confidence from professional funds.
Day-wise Subscription History
Subscription trends over the last 3 days
| Date | Total | ||
|---|---|---|---|
|
03 Jun 2026
DAY 3
|
315.36x
|
||
|
QIB
224.91x
NII
476.59x
Retail
297.67x
|
|||
|
02 Jun 2026
DAY 2
|
68.52x
|
||
|
QIB
3.09x
NII
107.11x
Retail
89.25x
|
|||
|
01 Jun 2026
DAY 1
|
15.96x
|
||
|
QIB
0.00x
NII
21.63x
Retail
22.62x
|
|||
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Merritronix IPO Allotment Probability
Allotment probability is calculated based on current subscription multiples. Retail allotment is by lottery when oversubscribed; NII allotment is proportionate. Final numbers may change until subscription closes. This is not investment advice.
What Does This Subscription Data Mean?
IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:
- QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
- NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
- Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
- Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.
Data sourced from BSE/NSE. Subscription numbers are updated during market hours (10 AM – 5 PM IST) on active subscription days.
Frequently Asked Questions
What is the current subscription status of Merritronix IPO?
As of IPO close date (03 Jun, 2026), the Merritronix IPO is subscribed 293.31x times. Retail category is 297.67x, and NII is 352.98x subscribed.
When is the allotment date for Merritronix IPO?
The allotment for Merritronix IPO is expected to be finalized on 04 June, 2026.
What is the GMP of Merritronix?
The Grey Market Premium (GMP) for Merritronix is currently ₹73, indicating a potential listing gain of 49%.
When will Merritronix IPO list on the stock market?
Merritronix is scheduled to list on BSE and NSE on 08 June, 2026.
What are the chances of getting allotment in Merritronix IPO?
The retail category is oversubscribed at 297.67x, meaning allotment is by lottery. Statistically, approximately 1 in 298 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 224.91x mean for Merritronix IPO?
Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 224.91x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.
How to check Merritronix IPO allotment status?
After the allotment date (04 Jun, 2026), you can check your Merritronix IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.
Explore Merritronix IPO Further
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