Merritronix IPO
Merritronix is an SME issue on the BSE SME platform with a price band of ₹141 – ₹149 per share.
IPO GMP
—
— expected gain
Price Band
₹141 - ₹149
Lot Size
—
Min Investment
—
Listing Date
06 Jun 2026
About Merritronix
Company overview, business, and key facts.
Merritronix Limited, incorporated in October 1988, is an Electronics Systems Design and Manufacturing (ESDM) company that focuses on producing high-reliability and mission-critical electronic assemblies for sectors such as defence, aerospace, telecom, and industrial electronics.
The company provides B2B services, including sourcing of components, PCB assembly, system integration, testing, box building, and delivery of fully finished electronic products, all in compliance with India’s defence and aerospace standards.
As of December 31, 2025, its manufacturing facility has a total installed capacity of 17,85,000 units per year, which includes 7,65,000 boards for SMT assembly, 6,00,000 boards for Through-Hole Technology (THT) assembly, and 4,20,000 units for product assembly and box-build operations aggregating to a total installed capacity of 17,85,000 production units per annum.
Founded
1988
Headquarters
Hyderabad, Telangana
Promoters
Dovari Yesudas, Dovari Amarnath, Vanaja D, Darsy Kethan Chandra, Dovari Thaman
Website
https://www.merritronix.com/
IPO Details
Financials
Restated summary financials for the most recent periods.
Figures are indicative and restated for presentation.
Merritronix IPO Key Numbers
Calculated by IPOLyst from the published offer-document data. These are figures, not buy or sell calls.
Revenue growth, 2026
+37%
34.8% a year over the period
Profit growth, 2026
+85.9%
129.8% a year over the period
Profit margin (PAT)
10.3%
EBITDA margin 17.42%
ROE / ROCE
46.03% / 45.26%
As published in the offer document
Debt to equity
0.81
What stands out
- Profit grew 85.9% in 2026.
Watch-outs
- 1 use-of-proceeds item(s) have no disclosed amount.
Not yet available for this IPO: issue size, GMP history (fewer than 3 data points), post-IPO share count (market cap and P/E not computable), published risk factors.
IPO Analysis SummaryAI-generated
A plain-language review of Merritronix's financials, valuation and demand, based only on the verified figures above. For information only. It does not recommend whether to apply.
Merritronix IPO Review
Analysis based on live GMP, subscription, and issue details.
Merritronix IPO is currently showing a negative GMP of —, which may indicate weak short-term listing sentiment.
Merritronix IPO subscription has closed. The shares are expected to list on 06 Jun 2026.
Disclaimer: IPO GMP is indicative and sourced from the grey market. This is not investment advice. Please consult a SEBI-registered advisor before investing.
Merritronix IPO — Frequently Asked Questions
What is Merritronix IPO GMP today?
Grey market premium (GMP) data for Merritronix IPO is not yet available. Please check back closer to the subscription date.
What is the price band of Merritronix IPO?
The price band for Merritronix IPO is ₹141 - ₹149.
When is Merritronix IPO allotment date?
Merritronix IPO allotment is expected to be finalised on 04 Jun 2026. You can check your allotment status on the registrar's website (Bigshare Services Pvt.Ltd.) using your PAN number.
When will Merritronix IPO list on NSE/BSE?
Merritronix IPO is expected to list on BSE SME on 06 Jun 2026.
How to check Merritronix IPO allotment status?
To check Merritronix IPO allotment status, visit the registrar's website (Bigshare Services Pvt.Ltd.) and enter your PAN number, application number, or DP/Client ID. You can also check on the BSE IPO allotment page at https://www.bseindia.com/investors/appli_check.aspx.
Should I apply for Merritronix IPO?
Merritronix IPO has a GMP of —. Before applying, review the company's financials, business model, issue structure (OFS vs fresh issue), and sector outlook. IPOLyst is not a SEBI-registered investment advisor — please consult a qualified financial advisor before investing.
What is the lot size of Merritronix IPO?
The lot size for Merritronix IPO has not been announced yet. Please check back closer to the IPO open date on ipolyst.com.