Merritronix IPO
Merritronix IPO is a SME book building IPO. Issue size is 70 Cr. Price band is ₹141 to ₹149 per share. Minimum investment is ₹2.98 L. Lot size is 1000 shares. Managed by GYR Capital Advisors Pvt.Ltd.. Registrar: Bigshare Services Pvt Ltd. Key details for GMP, subscription, price, allotment, and listing in one place.
Official documents: RHP.
Merritronix IPO overview
Merritronix IPO Key figures
Price band, lot, minimum application, and issue window at a glance.
Merritronix IPO important dates
Merritronix IPO lot size
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,000 | ₹2,98,000 |
| S-HNI (Min) | 3 | 3,000 | ₹4,47,000 |
| S-HNI (UPI) | 3 | 3,000 | ₹4,47,000 |
| S-HNI (Max) | 6 | 6,000 | ₹8,94,000 |
| B-HNI (Min) | 7 | 7,000 | ₹10,43,000 |
About Merritronix IPO
From the company / RHP narrative.
It offers B2B services, including component sourcing, PCB assembly, system integration, testing, box-building, and delivery of finished electronics. products, all to India's defense and aerospace standards.
As of December 31, 2025, the company's manufacturing facility has an installed capacity of 7,65,000 boards for SMT assembly, 6,00,000 boards for Through-Hole Technology (THT) assembly, and 4,20,000 units for product assembly/box build, aggregating to a total installed capacity of 17,85,000 production units per annum.
The Company received EN 9100:2018 certification for manufacturing PCBAs for aerospace and defence, equivalent to AS 9100D, JISQ 9100:2016, and includes ISO 9001:2015 standards.
The company's clients include those in defence, aerospace, electrical engineering, heavy industries, power, and utilities.
As of March 31st, 2026, the company had 57 employees in various departments.
Competitive Strength
Three decades of Operating Legacy in Mission-Critical Defence and Aerospace Electronics.
Established Track Record in Mission-Critical Defence and Aerospace programs.
Strong Capabilities in Obsolescence Management and Lifecycle Extension.
Modern SMT Infrastructure and IPC-A-610 Class 3 Assembly Capability.
Strong Order Book providing revenue visibility.
Experienced Promoters and Senior Management
Objective of the issue
How the issuer plans to use IPO proceeds.
Funding working capital requirements
Repayment/ prepayment, in full or part, of all or certain outstanding borrowings availed by the Company
General corporate purposes
Total
Documents & links
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Registrar
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Issue details
Key details about the issue, including the face value, lot size, and minimum investment.
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