Merritronix Ltd IPO
Merritronix Ltd IPO details - price band, lot size, subscription status, GMP, allotment dates, and listing performance.
★ B+CONSIDERScore: 61/100
Merritronix Ltd
MERRITRONIXLTDUpcomingElectronics Manufacturing
Issue Size
₹70.03 Cr
Merritronix Ltd is a esdm (defence & aerospace) company listing on the SME platform in the electronics manufacturing sector. The company reported revenue of ₹156 Cr in the latest fiscal year with a net profit of ₹16.10 Cr. Revenue has grown 82% over three years. The IPO aims to raise ₹70.03 Cr at a price band of ₹141.00–₹149.00 per share with a lot size of 1000 shares. At a PE of 11.8x, the IPO is reasonably valued.
Informational Only • Not Investment Advice
AI Intelligence
61
out of 100
Grade B+
RecommendationCONSIDER
Decent IPO but some mixed signals. Apply if you match the risk profile.
050100
Scoring Signals
✅Revenue grew 82% over 3 years — strong
✅PAT margin 10.3% — healthy
📊PE 11.8x — attractively valued
📊GMP data not available yet
📊Subscription data not available yet
📊Promoter holding data unavailable
📊Debt data unavailable
📊100% fresh issue — money going to company growth
AI-Generated • Not Investment Advice
Issue Details
Price & Lot
Price Range₹141 - ₹149
Lot Size1000 shares
Min. Investment₹1,49,000
Total Shares47,00,000
Key Metrics
P/E Ratio11.83x
Grey Market Premium
₹0
Premium per share
Expected Listing Price
₹149
IPO Timeline
📅
Open
1 Jun 2026
🔒
Close
3 Jun 2026
✅
Allotment
4 Jun 2026
🏦
Demat Credit
5 Jun 2026
📈
Listing
8 Jun 2026
Financial Highlights
Revenue (₹ Cr)
FY Latest₹156 Cr
FY-1₹114 Cr
FY-2₹86 Cr
Net Profit (₹ Cr)
FY Latest₹16 Cr
FY-1₹9 Cr
FY-2₹3 Cr
Valuation Ratios
P/E Ratio11.83x
Promoter Holding
Pre-IPO85.17%
Post-IPO0%
Issue Managers
RegistrarBigshare Services Pvt.Ltd.
Lead Manager(s)GYR Capital Advisors Pvt.Ltd.
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