Merritronix Ltd

·
₹149.00 Issue Price
2026-06-01 – 2026-06-03
Open Date
2026-06-01
Close Date
2026-06-03
Listing Date
2026-06-08
Allotment Date
2026-06-04
Current Price
₹149.00
High / Low
₹— / ₹—
ROCE
45.26 %
ROE
46.03 %
Face Value
₹10
About
Incorporated in October 1988, Merritronix Limited is an Electronics Systems Design and Manufacturing (ESDM) company specializing in high-reliability, mission-critical electronic assemblies for defence, aerospace, telecom…
📍 C-22, Electronic Complex Kushaiguda Hyderabad, Telangana, 500062
📞 +91 8297912056
✉️ cs@merritronix.com

Analysis

Pros

  • ROE of 46.03% indicates good return on equity.
  • ROCE of 45.26% shows efficient capital usage.
  • PAT margin of 10.33%.

Cons

  • Detailed analysis available after listing.

Pros and cons are machine generated. Please exercise caution and do your own analysis.

Subscription Status

Consolidated figures
MetricQIBNII (HNI)RetailTotal
Subscription
Shares 22,28,000 6,72,000 15,64,000 47,00,000
Bids
▼ Category-wise Detailed Breakdown
CategorySubscriptionOffered Bid SharesAmt (₹ Cr)
QIB - 22,28,000 ₹33.20
NII (HNI) - 6,72,000 ₹10.01
Retail - 15,64,000 ₹23.30
Market Maker 1.00×
2,36,000 2,36,000 ₹3.52
Total - 47,00,000 2,36,000 ₹70.03 Cr
Applications: - Total Bid Amount: ₹70.03 Cr

Profit & Loss

Figures in ₹ Crores / Amount in ₹ Crore
Metric 31 Mar 202631 Mar 202531 Mar 2024
Revenue 156.25 114.04 86.01
EBITDA 27.22 15.18 6.73
Profit After Tax 16.10 8.66 3.05
Net Worth 52.52 16.23 7.58
Total Assets 154.40 74.18 68.44
Reserves 40.34 15.39 6.73
Borrowings 43.20 18.57 15.82
Sales Growth
3 Years:-45%
Latest:86.01 Cr
Profit Growth
3 Years:-81.1%
Latest PAT:3.05 Cr
Return on Equity
ROE:46.03%
ROCE:45.26%

Key Financial Ratios

Profitability
ROE 46.03%
ROCE 45.26%
RONW 30.66%
PAT Margin 10.33%
EBITDA Margin 17.42%
Valuation
Pre EPS 12.60
Post EPS 9.21
Pre P/E 11.83×
Post P/E 16.18×
P/BV 3.59×
Leverage & Growth
Debt / Equity 0.81×
Sales Growth (3yr) -45%
Profit Growth (3yr) -81.1%
Latest Revenue 86.01 Cr
Latest PAT 3.05 Cr

Objects of the Issue

1 Capital expenditure towards purchase of Machinery and equipment ₹21.36 Cr
2 Funding working capital requirements ₹21.95 Cr
3 Repayment/ prepayment, in full or part, of all or certain outstanding borrowings availed by the Company ₹12.72 Cr
4 General corporate purposes

IPO Schedule & Important Dates

IPO Open
2026-06-01
Today ←
IPO Close
2026-06-03
Upcoming
Allotment
2026-06-04
Upcoming
Refund
2026-06-05
Upcoming
Demat Credit
2026-06-08
Upcoming
Listing
2026-06-08
Upcoming

Lot Size & Investment Details

RETAIL MIN
₹149,000
1 lot · 1000 shares
RETAIL MAX
₹298,000
2 lots · 2,000 shares
HNI MIN
₹447,000
3 lots
Category Lots Shares Amount (₹)
Retail (Min) 1000 1,000 ₹149,000
Retail (Max) 2 2,000 ₹298,000
HNI (Min) 3 3,000 ₹447,000
Pre-Issue Holding: 1,27,84,854 shares Post-Issue Holding: 1,74,84,854 shares

Lead Managers & Market Makers

Book Running Lead Managers
GYR Capital Advisors Pvt.Ltd
Market Makers
Giriraj Stock Broking Pvt.Ltd

Allotment Status

Allotment Date: 2026-06-04
Registrar: Bigshare Services Pvt.Ltd
Check Allotment
+91-22-6263 8200
ipo@bigshareonline.com
https://ipo.bigshareonline.com/IPO_Status.html