About Merritronix Ltd IPO
Incorporated in 1988, Merritronix Ltd. is an Electronics System Design and Manufacturing (ESDM) company focused on producing high-reliability, mission-critical electronic assemblies. The company primarily serves sectors such as defence, aerospace, telecom, and industrial electronics, where precision and reliability are essential.
It offers end-to-end B2B services, including component sourcing, PCB assembly, system integration, testing, and box-build solutions, delivering fully assembled electronic products that meet stringent industry standards.
The company has a strong manufacturing backbone with significant installed capacity. As of December 31, 2025, its facility could handle around 7,65,000 SMT boards, 6,00,000 THT boards, and 4,20,000 units for product assembly annually, taking the total capacity to approximately 17,85,000 units per year.
Merritronix is certified under EN 9100:2018 (aligned with global aerospace standards), along with ISO 9001:2015, highlighting its focus on quality and compliance. Its clientele spans defence, aerospace, power, utilities, and heavy engineering sectors. As of March 31, 2026, the company had 57 employees.
Incorporated in 1988, Merritronix Ltd. is an Electronics System Design and Manufacturing (ESDM) company focused on producing high-reliability, mission-critical electronic assemblies. The company primarily serves sectors such as defence, aerospace, telecom, and industrial electronics, where precision and reliability are essential. It offers end-to-end B2B services, including com
Merritronix IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 50% | 16,82,000 crores |
| Non-Institutional Investors (NIIs) | 15% | 5,04,600 crores |
| Retail Individual Investors (RIIs) | 35% | 11,77,400 crores |
Merritronix IPO Strengths & Weaknesses
Over three decades of experience in mission-critical defence and aerospace electronics.
Proven track record in handling complex
high-reliability projects.
Strong capabilities in lifecycle management and obsolescence handling.
Advanced manufacturing infrastructure with modern SMT and assembly capabilities.
Healthy order book providing revenue visibility.
Experienced promoters and senior management team.
Revenue is dependent on a concentrated customer base in defence and industrial sectors.
Limited brand visibility due to primarily B2B operations.
Order delays or cancellations may impact revenue stability.
Competitive bidding environment may put pressure on margins.
Dependence on imported semiconductor components exposes supply chain risks.
Merritronix IPO Important Dates & Issue Details
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| 04 Jun '26 | -- | 05 Jun '26 |
| Issue Composition: | |
|---|---|
| Face Value | ₹10 per share |
| Total Issue Size | 33,64,000 shares (aggregating up to ₹2,98,000 crores) |
| Fresh Issue | 4,46,400 shares (aggregating up to ₹44,64,000 crores) |
| Offer for Sale | 0 shares of ₹10 (aggregating up to To be announced) |
| Issue Type | Book building |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 85.17 shares |
| Post-Issue Shareholding | 0 shares |
Merritronix IPO Lot Size and Investment Details
| Minimum Lot Size | -- |
| Maximum Lot Size (Retail) | -- |
The lot size of Merritronix ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for Merritronix IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
Merritronix IPO Contact & Registrar Details
Contact Details
Address
C-22 Electronic Complex Kushaiguda Hyderabad
Phone Number
Website
Registrar Details
Registrar Name
Bigshare Services Pvt.Ltd.
Phone Number
Merritronix Lead Manager(s)
| Book Running Lead Manager(s) |
|---|
| GYR Capital Advisors Pvt Ltd |
