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Issue Open Date
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01-Jun-26
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Issue Closing Date
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03-Jun-26
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Application Money
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100
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Allotment Money
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Price Band
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141
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149
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Minimium Application No.
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2000
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Issue Size (Shares)
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3364000
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Market Lot
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1
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Objective
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1.Capital expenditure towards purchase of Machinery and equipment2.Funding working capital requirements 3.Repayment/ prepayment, in full or part, of all or certain outstanding borrowings availed by our Company 4.General corporate purposes
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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Offered / Reserved |
Bid For |
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Non-Institutional Investors
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908000
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320507000
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352.98127753304
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Qualified Institutional Buyers
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892000
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200616000
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224.905829596413
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Retail Individual Investors
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1564000
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465558000
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297.671355498721
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Business Description
We are an Electronics Systems Design and Manufacturing services ("ESDM") company specializing in high-reliability, missioncritical electronic assemblies and systems for defence, aerospace, telecommunications, Rapid Prototyping for design houses OEMs, Engineering services Companies and specialized industrial electronics. We are primarily engaged in business-to-business ("B2B") electronic manufacturing services, encompassing component sourcing, printed circuit board ("PCB") assembly, system integration, testing, box-build solutions and delivery of finished electronic products — executed to the quality standards required by India's strategic defence and aerospace programmes. This integrated manufacturing and design support capability enables us to serve industries that require reliable and performanceoriented electronic systems. A key part of our manufacturing process is Surface-Mount Technology (“SMT”), which involves assembling electronic components directly onto the surface of printed circuit boards (PCBs) using automated placement systems and controlled reflow processes. Our SMT capabilities include the assembly of advanced packaging technologies such as Ball Grid Array (BGA) and micro-BGA components, commonly used in high-performance and miniaturized electronic systems. Our manufacturing facility as on December 31, 2025 has an installed capacity of 7,65,000 boards for SMT assembly, 6,00,000 boards for Through-Hole Technology (THT) assembly, and 4,20,000 units for product assembly/box build, aggregating to a total installed capacity of 17,85,000 production units per annum.
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Promoter's Holding
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Total Share Capital
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10889400
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Offered to Public
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3364000
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Promoter's Holding (Pre-Issue)
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85.17
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Promoter's Holding (Post-Issue)
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62.27
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Address |
C-22
Electronic Complex
Kushaiguda
Hyderabad,
Telangana,
500062
Phone : 8297912056
Email : cs@merritronix.com
Website : https://www.merritronix.com/
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Registrar |
Bigshare Services Pvt Ltd
G 10 Left Wing Amruta Village
Opp: Yashoda Hospital
Raj Bhavan Road
Somajiguda
Hyderabad
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Listed at |
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BSE
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Lead Manager |
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GYR Capital Advisors Pvt Ltd.
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Promoters |
Darsy Kethan Chandra
Dovari Amarnath
Dovari Thaman
Dovari Yesudas
Vanaja D
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