Merritronix
Price Band
₹141 - ₹149
Lot Size
2,000 Shares
Issue Size
₹70.03 Cr
Fresh Issue
₹70.03 Cr
OFS
Nil (100% Fresh)
Registrar
AI Sentiment Score
Listing Price
₹283.10
vs Issue: ₹149 (+90.00%)
📅 IPO Timeline
✓
Open
Jun 1, 2026
✓
Close
Jun 3, 2026
✓
Allotment
Jun 5, 2026
✓
Refund
Jun 6, 2026
✓
Demat
Jun 6, 2026
✓
Listing
Jun 8, 2026
✨ AI Analysis & Prediction
🔒 Final Reconciled Estimate
Locked post-listing with actual debut performance
AI analysis will be available once the prospectus data is processed.
🎯 Objectives of the IPO
| Requirement / Purpose | Amount (₹ Cr) |
|---|---|
| Capital expenditure towards purchase of Machinery and equipment | ₹21.36 |
| Funding working capital requirements | ₹21.95 |
| Repayment/ prepayment, in full or part, of all or certain outstanding borrowings availed by the Company | ₹12.72 |
| General corporate purposes | ₹14.00 |
📊 Key Financials
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| Revenue (₹ Cr) | 86.01 | 114.04 | 156.25 |
| PAT (₹ Cr) | 3.05 | 8.66 | 16.10 |
Debt/Equity
0.81
📋 Live Subscription Status
QIB
0.00x
NII
0.00x
Retail
0.00x
Total
0.00x
🎯 Retail Allotment Probability
100% Odds
100% (Guaranteed 1 lot for all valid applications)
SEBI Rule: Under SEBI lottery allotment rules, applying for multiple lots under Retail does NOT increase your lottery odds. All valid retail applicants have identical 1-lot odds per PAN.
💼 Issue Structure & Reservation Quota
Capital Structure
₹70.0 Cr
Issue Size
Fresh (100%)
Reservation Quota
100%
Allocation
NII (50%)
Retail (50%)
QIB
0.00%
Retail
50.00%
NII
50.00%
📈 Shareholding & Anchor Lock-In
🔗 Important Links & Lead Managers
- Check Allotment StatusCheck Now →
- Registrar WebsiteVisit →
- Download DRHP ProspectusDownload PDF 📥
- Download RHP ProspectusDownload PDF 📥
Lead Managers / Merchant Bankers
This issue is managed by Hem Securities Ltd., and Share India Capital Services Pvt. Ltd.
Disclaimer: The information provided on this page is for educational and informational purposes only and does not constitute financial advice. IPO investments are subject to market risks. AI-generated analysis is based on publicly available data and may not be accurate. Grey Market Premium (GMP) is unofficial and highly speculative. Always consult a qualified financial advisor and read the DRHP/RHP carefully before making investment decisions.