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Your Result on : IPO | IPO Synopsis |  As on : May 21,2026 07:00 AM
Merritronix Ltd
Registered Office: C-22 Electronic Complex,Kushaiguda, Hyderabad - 500062, Telangana, India.
Phone : +91 82979 12056   Fax:
Email :    
Website :  
Initial public offer of upto 47,00,000* equity shares of face value of Rs. 10/- each ("Equity Shares") of Merritronix Ltd (the "Company" or "Merritronix" or "Issuer") at an issue price of Rs. 141-149 per equity share (including a share premium of Rs. 131-139 per equity share) for cash, aggregating up to Rs. 66.27-70.03 Crores ("Public Issue") out of which upto 2,36,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 141-149 per equity share for cash, aggregating Rs. 3.33-3.52 Crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. Issue of upto 44,64,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 141-149 per equity share for cash, aggregating upto Rs. 62.94-66.51 Crores is hereinafter referred to as the "Net Issue". The public issue and net issue will constitute 26.88% and 25.53% respectively of the post-issue paid-up equity share capital of the company. Price Band: Rs. 141/ - to Rs. 149/- per equity share of face value Rs. 10/- each. The floor price is 14.1 times of the face value and the cap price is 14.9 times of the face value of the equity shares. Bids can be made for a minimum of 2000 equity shares and in multiples of 1000 equity shares thereafter.
Issue Money Payable On
Opens On Closes On Application Allotment
01-Jun-26 03-Jun-26 (Rs) 141.00 (Rs) 0.00
Minimum Application for shares in Nos : 2000   Further Multiples of : 1000
  Lead Managers to the Issue
Project Cost (Rs.Cr) 0.00 GYR Capital Advisors Private Limited
Project Financed through Current Offer (Rs.Cr) 66.27  
Post Issue Equity Share Capital (Rs.Cr) 17.48  
Issue Price (Rs) 141.00  
Projects
Capital expenditure towards purchase of Machinery and equipment Funding working capital requirements
Repayment/ prepayment, in full or part, of all or certain outstanding borrowings availed by its Company General corporate purposes
Promoted By
Dovari Yesudas
Dovari Amarnath
Vanaja D
Listing At
BSE - SME
Registrar to the Issue
No Data Available
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