Merritronix IPO Subscription Status
Merritronix IPO was subscribed 293.31 times when bidding closed on 3 Jun 2026: QIB 224.91x, NII 352.98x, Retail 297.67x.
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 25 Aug, 12:54 PM.
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.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Live bidding
Shares bid against shares offered, category by category, as published by the exchanges. Switch to Detailed for the exchange's own sub-category rows.
| Category | Bid details | Times |
|---|---|---|
| QIB | 20,06,16,000 of 8,92,000 | 224.91x |
| NII | 32,05,07,000 of 9,08,000 | 352.98x |
| Retail | 46,55,58,000 of 15,64,000 | 297.67x |
| TOTAL | 98,66,81,000 | 293.31x |
Application-wise breakup (estimated)
Approximate application counts — the exchanges don't publish these during bidding. Estimated from shares bid using the typical application size seen in recent IPOs' Basis of Allotment data. Final counts appear here once the Basis of Allotment is out.
| Category | Est. Applied | Times | |
|---|---|---|---|
| Retail max 1,480 | 2,32,779 | 157.28x | |
| sNII (₹2–10 L) max 106 | 21,072 | 198.79x | |
| bNII (₹10 L+) max 61 | 22,207 | 364.05x | |
| TOTAL (EST.) | 2,76,058 |
Subscription insights
What the current book is saying, read off the category numbers above.
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
End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.
| Date | Total | ||
|---|---|---|---|
|
03 Jun 2026
Day 3 |
315.36x | ▼ | |
|
QIB224.91x
NII476.59x
Retail297.67x
|
|||
|
02 Jun 2026
Day 2 |
68.52x | ▼ | |
|
QIB3.09x
NII107.11x
Retail89.25x
|
|||
|
01 Jun 2026
Day 1 |
15.96x | ▼ | |
|
QIB0.00x
NII21.63x
Retail22.62x
|
|||
Merritronix SME IPO dates
From the bidding window to listing. Today is 5 October.
- Open 01 Jun 2026
- Close 03 Jun 2026
- Allotment 04 Jun 2026
- Refund/credit 05 Jun 2026
- Listing 08 Jun 2026
Merritronix IPO allotment probability
Your odds of an allotment in each category at the current subscription.
Odds marked with applicant counts are computed from the exchange's actual application data (applicants ÷ allotment slots); others assume minimum-size bids at the current subscription multiple. Retail and HNI allotment is by SEBI-mandated lottery of the minimum application when oversubscribed; QIB allotment is proportionate. Numbers move 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:
- 01 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.
- 02 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.
- 03 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.
- 04 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
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 SME IPO further
Track every stage of this IPO, from subscription to listing.
It has listed — go back to the fundamentals.
Live grey market premium, Kostak and Subject to Sauda, with the day-wise trend.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
