Independent Research on Mutual Funds, Stocks & IPOs for Indian Investors

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Merritronix Limited

IPO Type:

SME

Status:

Open

Sector:

Electronics Manufacturing / Defence & Aerospace

Exchange:

BSE SME

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Merritronix Limited is an Electronics Systems Design and Manufacturing (ESDM) company incorporated in October 1988 and headquartered in Hyderabad, Telangana. Specialises in high-reliability, mission-critical electronic assemblies for defence, aerospace, telecom, and industrial electronics. Offers component sourcing, PCB assembly (SMT and THT), system integration, testing, and box-build services. Defence and aerospace account for 97.81% of FY26 revenue. Revenue ₹156.25 Cr (FY26), PAT ₹16.10 Cr (FY26). Raised ₹19.91 Cr from anchor investors. Promoters: Dovari Yesudas, Dovari Amarnath, Vanaja D, Darsy Kethan Chandra, Dovari Thaman.

Issue Size (Cr)

70.03

33.35

x times original subscription

Listing Price (₹)

Issue Dates

Jun 1–3, 2026

Price Band

₹141 to ₹149

Allotment Date

4 June 2026

Listing Date

8 June 2026

Lot Size

1000

QIB (times x)

NII (timex x)

Retail (times x)

Min Investment (₹)

298000

Registrar

Bigshare Services Pvt Ltd

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