Merritronix SME IPO

Merritronix SME

Merritronix Limited, established in 1988, is an Electronic Systems Design and Manufacturing (ESDM) enterprise specializing in high-reliability, mission-critical electronic assemblies. The company operates entirely in the B2B segment, providing end-to-end solutions that encompass component sourcing, printed circuit board assembly (PCBA), system integration, functional testing, and full box-build product deployment. Merritronix caters to demanding sectors including defence, aerospace, telecommunications, and industrial electronics, operating from an EN 9100:2018 certified facility in Hyderabad, Telangana, with an aggregate installed capacity of 17.85 lakh production units per annum.

Issue Price
149
Current GMP
₹90 (60.40%)
Overall Subscription
15.96x
Issue Size
₹70.03 Cr
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Live Subscription by Application

CategoryApplications OfferedApplications ReceivedSubscription
QIB89200.00x
FII
-0-
DFI
-0-
MF
-0-
Other
-0-
NII2242,56911.47x
bNII
1491,3108.79x
Corporate
-9-
Individual
-1,287-
Other
-14-
sNII
751,25916.79x
Corporate
-5-
Individual
-1,245-
Other
-9-
IND78217,69022.62x
Fixed price
-17,690-
Total1,89820,25910.67x

Live Subscription by Shares

CategoryShares OfferedShares AppliedSubscription
QIB8.92 L00.00x
FII
-0-
DFI
-0-
MF
-0-
Other
-0-
NII6.72 L1.45 Cr21.63x
bNII
4.48 L1.05 Cr23.42x
Corporate
-73.00K-
Individual
-1.03 Cr-
Other
-98.00K-
sNII
2.24 L40.43 L18.05x
Corporate
-15.00K-
Individual
-39.97 L-
Other
-31.00K-
IND15.64 L3.54 Cr22.62x
Fixed price
-3.54 Cr-
Total31.28 L4.99 Cr15.96x

Subscription Summary

QIB
Shares Applied:0.00x
Applications Offered:0.00x
NII
Shares Applied:21.63x
Applications Offered:11.47x
IND
Shares Applied:22.62x
Applications Offered:22.62x

Quick Stats

Total Categories3
IPO TypeSME
StatusOngoing

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Data Last Updated

1 Jun 2026, 01:27 pm

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Understanding Subscription Categories

QIB

Qualified Institutional Buyers

Includes FII, DFI, Mutual Funds, and other qualified institutions.

NII

Non-Institutional Investors

High net-worth individuals: bNII (₹10L+) and sNII (₹2L-₹10L).

IND

Individual Investors

Individual investors in SME IPOs up to ₹2 lakh.

Frequently Asked Questions

What is the current subscription status of Merritronix SME?
The current overall subscription for Merritronix SME is 15.96x. This indicates the total demand relative to the shares offered. Higher subscription typically suggests strong investor interest.
How to check Merritronix SME subscription status?
You can check Merritronix SME subscription status on IPOwiz, BSE website, NSE website, or your broker's platform. Subscription data is updated regularly during the IPO period from 1 June 2026 to 3 June 2026.
What do subscription numbers mean?
Subscription numbers show how many times the IPO is oversubscribed. For example, 15.96x means the IPO received 15.96x times more applications than shares available. Higher subscription in retail category generally means lower allotment chances.
When does Merritronix SME subscription close?
The subscription for Merritronix SME closes on 3 June 2026. Applications must be submitted before the closing time on this date. Late applications will not be accepted.
What is the difference between QIB, NII, and Individual (IND) subscription?
QIB (Qualified Institutional Buyers) includes mutual funds, FIIs, and other institutions. NII (Non-Institutional Investors) includes high net-worth individuals investing above ₹2 lakh. Individual (IND) includes individual investors with applications up to ₹2 lakh. Each category has separate subscription quotas.
How does subscription affect allotment chances?
Higher subscription in your category means lower allotment chances. For example, if retail subscription is 15.96x, it means there are 15.96x times more applications than shares available, making allotment competitive.
When will Merritronix SME allotment be finalized?
The allotment for Merritronix SME will be finalized and announced on 4 June 2026. You can check your allotment status on the registrar's website, BSE, NSE, or your demat account after this date.
What happens after subscription closes?
After subscription closes on 3 June 2026, the company and registrar process all applications. Allotment is finalized by 4 June 2026, and shares are credited to successful applicants' demat accounts before the listing date on 8 June 2026.
Can I apply after subscription closes?
No, you cannot apply after the subscription closes on 3 June 2026. All IPO applications must be submitted during the subscription period from 1 June 2026 to 3 June 2026. Late applications are automatically rejected.
What is the issue size and lot size for Merritronix SME?
The issue size for Merritronix SME is ₹70.03 Cr, and the lot size is 1000 shares. The price range is ₹141.0 - ₹149.0. You must apply in multiples of the lot size.