Merritronix Ltd. IPO

Min Investment
₹ 1,49,000 / 1000 shares
Price Range
₹141 - ₹ 149
Bidding Dates
1 Jun '26 - 3 Jun '26
Total Issue Value
70.03 Cr
Lot Size
1,000
Total Issue Size
70.03 Cr
Listing At

IPO Timeline

  • 1 Jun 2026
    Bidding Starts
  • 3 Jun 2026
    Bidding Ends
  • 4 Jun 2026
    Allotment Finalization
  • 8 Jun 2026
    Listing

About Merritronix Ltd.

We are an Electronics Systems Design and Manufacturing services ("ESDM") company specializing in high-reliability, missioncritical electronic assemblies and systems for defence, aerospace, telecommunications, Rapid Prototyping for design houses OEMs, Engineering services Companies and specialized ... Read more

Parent organisation
Founded
Merritronix Ltd.
1988

Merritronix Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 13,36,000 (28.43%)
Market Makers 2,36,000 (5.02%)
Non Institutional Investors 6,72,000 (14.3%)
Qualified Institutional Buyers (QIBs) 8,92,000 (18.98%)
Retail Individual Investors (RIIs) 15,64,000 (33.28%)

Merritronix Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2026 156.25 Cr 16.10 Cr 40.34 Cr
31 Mar 2025 114.04 Cr 8.66 Cr 15.39 Cr
31 Mar 2024 86.01 Cr 3.05 Cr 6.73 Cr

Merritronix Ltd. Background

Major Events And Milestones
  • 1988
    Incorporation of Private Limited Company in the name of M/s. Merritronix Private Limited.
  • 1993
    Merritronix shifted its focus to the telecom industry, supplying telecommunication cable jointing kits for India’s landline network expansion.
  • 2006
    Merritronix expanded into the defence and aerospace sectors.
  • 2008
    Merritronix transitioned towards turnkey manufacturing, offering end-to-end solutions from component sourcing to final product assembly, testing, and logistics.
    Merritronix expanded exports to European markets, securing contracts by meeting stringent quality standards and cost expectations.
  • 2009
    Merritronix became an approved supplier for Bharat Electronics Limited.
  • 2012
    Merritronix has undertaken a strategic diversification into turnkey electronics solutions, wherein the Company undertakes responsibility for the procurement of components, assembly, integration, and final testing of electronic products.
    The Company has also qualified as an approved supplier to Hindustan Aeronautics Limited (HAL).
    Further, Merritronix is engaged in the production and supply of mission-critical electronic systems and components intended for defence applications, in accordance with applicable regulatory and quality standards.
  • 2017
    Gained recognition for handling intricate, highdensity PCB assemblies.
  • 2020
    Despite pandemic disruptions, Merritronix continued operations by delivering critical electronics to Honeywell Aerospace, strengthening relationships with defence and avionics clients, and initiating discussions for NADCAP Certification for aerospace projects.
  • 2022
    Merritronix further expanded into:
    • Electronics Component Supply & Obsolescence Management.
    • Becoming a registered vendor for CERN through TIFR.
    The company also began developing custom semiconductor solutions for defence applications, including drop-in replacements for obsolete Xilinx CPLDs and Airflow Sensors.
  • 2025
    Change in name from “Merritronix Private Limited” to “Merritronix LTD.” pursuant to conversion of our Company from Private Limited to Public Limited Company.
    The Company obtained membership with the Global Electronics Association, reflecting its commitment to global standards and collaboration in the electronics industry.
Merritronix Ltd. Object of Issues

1. Capital expenditure towards purchase of Machinery and equipment
2. Funding working capital requirements
3. Repayment/ prepayment, in full or part, of all or certain outstanding borrowings availed by our Company
4. General corporate purposes

Merritronix Ltd. IPO Listing Details
Listing Date
8 Jun 2026
ISIN
INE1RQS01010
Final Issue Price
₹ 149
Merritronix Ltd. Company Promoters

1. Mr. Dovari Amarnath
2. Mr. Dovari Yesudas
3. Mr. Darsy Kethan Chandra
4. Mr. Dovari Thaman
5. Ms. Vanaja. D

Industry Overview

The Electronics System Design & Manufacturing (ESDM) industry includes electronic hardware products and components relating to information technology (IT), office automation, telecom, consumer electronics, aviation, aerospace, defence, solar photovoltaic, nano-electronics and medical ... Read more

Merritronix Ltd. Contact Details
Address: C-22, Electronic Complex, Kushaiguda, Hyderabad Telangana - 500062
Phone no:8297912056
8297912056
|
Merritronix Ltd. IPO Registrar
Bigshare Services Pvt. Ltd.
S6-2, 6th Floor, Pinnacle Business Park, Mahakali Caves Road, Next to Ahura Centre, Andheri East, Mumbai Maharashtra - 400093
62638200
Merritronix Ltd. IPO Lead Manager(s)
GYR Capital Advisors Pvt. Ltd.
428, Gala Empire, Near JB Tower, Drive in Road, Thaltej, Ahmedabad Gujarat - 380054
8777564648

FAQs

When does Merritronix Ltd. IPO opens and closes?

Merritronix Ltd. IPO opens from 1st June to 3rd June 2026.

What is the size of Merritronix Ltd. IPO?

The size of the Merritronix Ltd. IPO is ₹70.03 Cr.

What is the price range of Merritronix Ltd. IPO?

The price range of Merritronix Ltd. IPO is at ₹141 to ₹149 per share.

What is the minimum investment and lot size required for the Merritronix Ltd. IPO?

The minimum investment required is ₹1,49,000 and minimum lot size is 1000 shares.

When is Merritronix Ltd. IPO listing date?

The Merritronix Ltd. IPO will be listed on 8th June 2026.

What is the objective of Merritronix Ltd. IPO?

1. Capital expenditure towards purchase of Machinery and equipment
2. Funding working capital requirements
3. Repayment/ prepayment, in full or part, of all or certain outstanding borrowings availed by our Company
4. General corporate purposes

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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