Merritronix SME IPO Details
Merritronix SME IPO is related to Hyderabad-based Merritronix Limited, which was incorporated in 1988 and operates in the Electronics Systems Design and Manufacturing (ESDM) segment. The company provides high-reliability electronic manufacturing services for defence, aerospace, telecom and industrial sectors. Its business model is mainly B2B, covering PCB assembly, system integration, testing and box-build solutions. Merritronix has a strong presence in strategic and mission-critical electronics manufacturing with operations centred in Hyderabad, Telangana
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IPO Summary
What is the Merritronix IPO Timetable?
Track the IPO schedule and key events.
| Event | Date | Day |
|---|---|---|
| IPO Open Date | 01 Jun, 2026 Mon | Monday |
| IPO Close Date | 03 Jun, 2026 Wed | Wednesday |
| Basis of Allotment | 04 Jun, 2026 Thu | Thursday |
| Refunds Initiated | 05 Jun, 2026 Fri | Friday |
| Credit to Demat | 05 Jun, 2026 Fri | Friday |
| Listing Date | 08 Jun, 2026 Mon | Monday |
What is the Merritronix IPO Lot Size?
Bidding in multiples of 1000 shares.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2000 | ₹2,98,000 |
| Retail (Max) | 2 | 2000 | ₹2,98,000 |
| HNI (Min) | 3 | 3000 | ₹4,47,000 |
About Merritronix
The company operates on a B2B business model, where it provides products and technical services to OEMs, industrial customers, and technology-driven businesses. Its offerings include electronic assemblies, control systems, PCB-related solutions, and other value-added engineering services. Merritronix is promoted by experienced industry professionals who focus on innovation, quality standards, and long-term customer relationships. The company aims to strengthen its market presence by expanding capabilities and catering to the rising demand for electronics manufacturing in India.
Objects of the Issue
| Issue Object | Estimate Amount |
|---|---|
| Capital expenditure towards purchase of Machinery and equipment | ₹21.36 Cr. |
| Funding working capital requirements | ₹21.95 Cr. |
| Repayment/ prepayment, in full or part, of all or certain outstanding borrowings availed by the Company | ₹12.72 Cr. |
| General corporate purposes | |
| Total | ₹56.04 Cr. |
Strengths & Risks
Strengths
- ✓ Strong presence in defence and aerospace electronics manufacturing.
- ✓ Certified EN 9100:2018 quality standards improve credibility in mission-critical sectors.
- ✓ Advanced SMT manufacturing capability supports high-end electronic assemblies.
- ✓ Revenue growth has remained strong with improving profitability margins.
- ✓ IPO proceeds aimed at machinery expansion and working capital support future scaling.
Risks
- ⚠ Business depends heavily on defence and government-linked sectors.
- ⚠ SME IPOs generally carry lower liquidity and higher price volatility risk.
- ⚠ Electronics manufacturing business remains working-capital intensive.
- ⚠ Limited employee base may affect scalability during rapid expansion.
- ⚠ Competition from larger ESDM and PCB manufacturing companies may pressure margins.
Company Financials
Summary of financial performance including revenue, profit, and debt levels will be populated here.
Promoters and Shareholding Details
| Particular | % Share |
|---|---|
| Promoter Holding Pre Issue | 85.17 |
| Promoter Holding Post Issue | -- |
Frequently Asked Questions
What is the GMP of Merritronix?
The current Grey Market Premium (GMP) of Merritronix is ₹ 0.
What is the Merritronix IPO Price Band?
The price band for Merritronix IPO is 149.
When is the Merritronix IPO Allotment?
The allotment date for Merritronix IPO is June 4, 2026.
How to check Merritronix IPO Allotment Status?
You can check the allotment status on the IPO Allotment Status page or on the registrar's website (Bigshare Services Pvt.Ltd.).
Registrar
Bigshare Services Pvt.Ltd.
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