Manipal Health Enterprises GMP ₹33 ▲ 5.59%Xtranet Technologies GMP ₹9 ▲ 7.09%Indo-MIM GMP ₹171 ▲ 35.26%Poojaa Precision Engg. GMP ₹195 ▲ 64.78%Lohia Corp GMP ₹11 ▲ 2.59%Advance Technoforge GMP ₹5.5 ▲ 5.79%Metalic Technoforge GMP ₹6 ▲ 7.79%Gulf Lloyds GMP ₹1 ▲ 1.00%
IPO Index
S
Sanjay Bambhaniya · May 21, 2026

Merritronix SME IPO Live Subscription Status

SME Book Build Listed
Heavy Electrical Equipment
BSE SME
Price Band
₹141 - ₹149
Issue Size
₹70.03 Cr
Lot Size
1,000 shares
Min. Investment
₹1,49,000
Live GMP ₹62
41.61% Est. Listing: ₹211
SIP CalcCompare
IPO Timeline
DRHP FILED March 26, 2026
OPEN June 1, 2026
CLOSE June 3, 2026
ALLOTMENT June 4, 2026
LISTING June 8, 2026
IPO DETAILS REVIEW GMP SUBSCRIPTION ALLOTMENT STATUS

Merritronix Subscription

Day-wise bidding details from BSE SME
Live bidding details · Updated every 10 minutes
Live - Day 4 18th Jul 2026 17:02
QIB
224.91 ×
Qualified Institutional
Oversubscribed
NII
476.59 ×
Non-Institutional
Oversubscribed
S-HNI
303.12 ×
Small HNI (Below ₹10L)
Oversubscribed
B-HNI
563.33 ×
Big HNI (Above ₹10L)
Oversubscribed
RETAIL (RII)
297.67 ×
Individual Investors
Oversubscribed
OVERALL
315.36 ×
Final Subscription
Oversubscribed

Stay updated on the latest subscription status of Merritronix IPO:
We ensure you receive up-to-date subscription information curated from official sources (BSE SME). Merritronix IPO Subscription is Closed Now . Visit this section to get accurate data on shares offered vs. shares bid for QIB, NII, Retail, and other sub-categories.

Day-wise Subscription

Real time
Day QIB NII S-HNI B-HNI RII TOTAL
Day 10.00x21.63x18.05x23.42x22.62x15.96x
Day 23.09x107.11x77.33x122.00x89.25x68.52x
Day 3224.91x476.59x303.12x563.33x297.67x315.36x
Day 4 224.91x476.59x303.12x563.33x297.67x315.36x

Shares Offered vs Bid

BSE SME Data
CategoryShares OfferedShares BidBid Amount (₹ Cr)
QIB 8,92,000 20,06,16,000 2,989.18
NII 6,72,000 32,02,71,000 4,772.04
— S-HNI 2,24,000 6,78,99,000 1,011.70
— B-HNI 4,48,000 25,23,72,000 3,760.34
RII 15,64,000 46,55,58,000 6,936.81
Total 3128000 986445000 14,698.03

 How to Apply for this IPO? Read here.

Merritronix Limited provides Electronics Systems Design and Manufacturing services to various clients across the defense, aerospace, and industrial electronics sectors. The company started its operations in 1988 and is based in Hyderabad. This IPO helps the company expand its business facilities and scale up operations. The company will use the fresh issue money to acquire advanced machinery and fulfill daily working needs. It also wants to settle outstanding credit debts to strengthen its financial sheet. Investors can now track the demand for these shares through the subscription status and the interest of different buyer categories.

Anchor Investor Allocation

Anchor investors are big institutions that buy shares before the public. The Book Running Lead Manager finalized the allocation of 13,36,000 Equity Shares to Anchor Investors at ₹149.00 per share.

Anchor Investor Details
Bid DateMay 29, 2026
Shares Offered13,36,000
Anchor Portion (₹ Cr.)19.91
Anchor lock-in end for 50% shares (30 Days)6,68,000
Anchor lock-in end for remaining shares (90 Days)6,68,000
Sr.AnchorGroup EntityShares AllottedAmt (₹ cr.)% Allocated% Allotment of Issue
1SMALL INDUSTRIES DEVELOPMENT BANK OF INDlASIDBI68,0001.015.091.45
2HDFC BANK LTD.HDFC BANK68,0001.015.091.45
3SANSHI FUND-ISANSHI2,26,0003.3716.924.81
4MERU INVESTMENT FUND PCC-CELL 1MERU INVESTMENT3,62,0005.3927.17.7
5EMERGE CAPITAL OPPORTUNITIES SCHEMEEMERGE CAPITAL OPPORTUNITIES SCHEME68,0001.015.091.45
6TIGER STRATEGIES FUND 1TIGER STRATEGIES68,0001.015.091.45
7SHINE STAR BUILD-CAP PVT.LTD.SHINE STAR68,0001.015.091.45
8VIKASA INDIA EIF I FUND-INCUBE GLOBAL OPPORTUNITIESVIKASA68,0001.015.091.45
9RMS GROWTH FUND SCHEME IRMS68,0001.015.091.45
10SMART HORIZON OPPORTUNITY FUNDSMART HORIZON68,0001.015.091.45
11FINAVENUE CAPITAL TRUST-FINAVENUE GROWTH FUNDFINAVENUE68,0001.015.091.45
12Ashika Global Finance Pvt. Ltd.ASHIKA GLOBAL SECURITIES68,0001.015.091.45
13VISIONARY VALUE FUNDVISIONARY VALUE FUND68,0001.015.091.45

Disclaimer: This information is for educational purposes only. Always seek advice from a qualified financial professional before making investment choices.

Sanjay Bambhaniya
Sanjay Bambhaniya
Sanjay has 8+ years of experience in data-driven IPO insights. His expertise in digital marketing and web development complements his financial knowledge and helps him to develop effective fintech solutions. He is an entrepreneur and director who helps investors understand complex primary market trends in easy-to-understand IPO reports, news, and updates.
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