Merritronix Limited
ListedSMEElectronics / Electrical Equipment · BSE
Incorporated in October 1988, Merritronix Limited is an Electronics Systems Design and Manufacturing (ESDM) company focused on producing high-reliability, mission-critical electronic assemblies for sectors such as defence, aerospace, telecom, and industrial electronics. The company operates on a B2B model, offering end-to-end services including component sourcing, PCB assembly (SMT and THT), system integration, testing, and box-build solutions, all aligned with stringent defence and aerospace standards in India. As of December 31, 2025, it has an installed capacity of 7,65,000 SMT boards, 6,00,000 THT boards, and 4,20,000 units for product assembly, totaling 17,85,000 units annually. The company is certified under EN 9100:2018 (equivalent to AS 9100D and JISQ 9100:2016) along with ISO 9001:2015, ensuring high-quality manufacturing standards. It serves clients across defence, aerospace, heavy industries, power, and utilities, and as of January 31, 2026, had 56 employees across departments.
Price Band
₹141 – ₹149
Issue Size
₹470.00 L Cr
Lot Size
1000 shares
GMP
₹52
+34.9%
Est. Listing
₹201
at current GMP
Subscribed
315.44x
overall
Open
1 Jun 2026
Close
3 Jun 2026
Allotment
4 Jun 2026
Refund
5 Jun 2026
Demat Credit
6 Jun 2026
Listing
8 Jun 2026
Last updated 4 months ago
Live Grey Market Premium
Merritronix Limited GMP Today
Last updated: 8 Jun 2026
Current Premium
₹52+34.9%
Issue Price (Upper)
₹149
Band: ₹141 – ₹149
Estimated Listing Price
₹201
Upper price + GMP
Lot Size
1000 shares
Min investment ₹1,49,000
Estimated Profit / Lot
₹52,000
1000 × ₹52
Merritronix Limited GMP Historical Trend
GMP History
Grey Market Premium trend
+₹52
▲ 0 today
Updated less than a minute ago
Estimated Listing Price
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 27 Sep 2026 | +₹52 | 34.9% | ₹201 |
| 26 Sep 2026 | +₹52 | 34.9% | ₹201 |
| 25 Sep 2026 | +₹47 | 31.4% | ₹196 |
GMP is unofficial market data. Not a guarantee of listing performance.
About Merritronix Limited Public Issue & Market Profile
Merritronix Limited is bringing an initial public offering (IPO) in the Electronics / Electrical Equipment sector with an aggregate issue size of ₹47,00,000 Crores. The shares are offered at a price band of ₹141 to ₹149 per equity share on BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
Public Issue & Pricing Context:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Basis of Allotment & Listing Timeline:
Following the close of bidding on 2026-06-03, the basis of allotment is scheduled to be finalized on 2026-06-04. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
Frequently Asked Questions
What is Merritronix Limited IPO GMP today?
The latest grey market premium for Merritronix Limited IPO is ₹52, which indicates an expected listing price of ₹201.
What does Kostak Rate and Sauda mean in IPO GMP?
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
Is Grey Market Premium officially recognized?
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.