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Merritronix Limited

Incorporated in October 1988, Merritronix Limited is an Electronics Systems Design and Manufacturing (ESDM) company focused on producing high-reliability, mission-critical electronic assemblies for sectors such as defence, aerospace, telecom, and industrial electronics. The company operates on a B2B model, offering end-to-end services including component sourcing, PCB assembly (SMT and THT), system integration, testing, and box-build solutions, all aligned with stringent defence and aerospace standards in India. As of December 31, 2025, it has an installed capacity of 7,65,000 SMT boards, 6,00,000 THT boards, and 4,20,000 units for product assembly, totaling 17,85,000 units annually. The company is certified under EN 9100:2018 (equivalent to AS 9100D and JISQ 9100:2016) along with ISO 9001:2015, ensuring high-quality manufacturing standards. It serves clients across defence, aerospace, heavy industries, power, and utilities, and as of January 31, 2026, had 56 employees across departments.

₹141 - ₹149315.44x sub
Listed Price283.10
Listing Gain+90.00%
TimelineBookbuilding IPO
Open2026-06-01
Close2026-06-03
Allotment2026-06-04
Listing2026-06-08

Quota Reservation Portions

AnchorPortion: 13,36,000 shares
28.43%
QIBPortion: 8,92,000 shares
18.98%
HNIPortion: 6,72,000 shares
14.3%
RetailPortion: 15,64,000 shares
33.28%
Market MakerPortion: 2,36,000 shares
5.02%

Minimum Application Bracket Matrix

Retail2 lots / 2,000 shares
₹2,98,000
sHNI3 lots / 3,000 shares
₹4,47,000
bHNI7 lots / 7,000 shares
₹10,43,000

About the Company

Incorporated in October 1988, Merritronix Limited is an Electronics Systems Design and Manufacturing (ESDM) company focused on producing high-reliability, mission-critical electronic assemblies for sectors such as defence, aerospace, telecom, and industrial electronics. The company operates on a B2B model, offering end-to-end services including component sourcing, PCB assembly (SMT and THT), system integration, testing, and box-build solutions, all aligned with stringent defence and aerospace standards in India. As of December 31, 2025, it has an installed capacity of 7,65,000 SMT boards, 6,00,000 THT boards, and 4,20,000 units for product assembly, totaling 17,85,000 units annually. The company is certified under EN 9100:2018 (equivalent to AS 9100D and JISQ 9100:2016) along with ISO 9001:2015, ensuring high-quality manufacturing standards. It serves clients across defence, aerospace, heavy industries, power, and utilities, and as of January 31, 2026, had 56 employees across departments.

Company Promoters

Dovari YesudasDovari AmarnathVanaja DDarsy Kethan ChandraDovari Thaman