| Category | Shares Offered | Lots | Amount (₹) |
|---|---|---|---|
| QIB (Qualified Institutional) | 2228000 | — | ₹— |
| NII / HNI (Non-Institutional) | 672000 | 3 | ₹4,47,000 |
| Retail (Individual) | 1564000 | 2 | ₹2,98,000 |
| Market Maker | 2,36,000 | — | ₹— |
| Fresh Issue | 44,64,000 shares (agg. up to ₹67 Cr) | — | ₹— |
| Investor Type | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min 1 Lot) | 2 | 2,000 | ₹2,98,000 |
| HNI — sHNI | 3 | 3,000 | ₹4,47,000 |
| Metric | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Subscription | 90.97 | 477.18 | 296.28 | 221.04 |
| Shares | 2228000 | 672000 | 1564000 | 4464000 |
| Bids | 202683000 | 320665000 | 463386000 | 986734000 |
Amount in ₹ Crore
| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 156 | 114 | 86 |
| PAT | 16 | 8 | 3 |
| EBITDA | 27 | 15 | 6 |
| Net Worth | 52 | 16 | 7 |
| Total Assets | 154 | 74 | 68 |
| Reserves | 40 | 15 | 6 |
| Borrowings | 43 | 18 | 15 |
Incorporated in October 1988, Merritronix Limited is an Electronics Systems Design and Manufacturing (ESDM) company specializing in high-reliability, mission-critical electronic assemblies for defence, aerospace, telecom, and industrial electronics.
It offers B2B services, including component sourcing, PCB assembly, system integration, testing, box-building, and delivery of finished electronics. products, all to India's defense and aerospace standards.
As of December 31, 2025, the company's manufacturing facility 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.
The Company received EN 9100:2018 certification for manufacturing PCBAs for aerospace and defence, equivalent to AS 9100D, JISQ 9100:2016, and includes ISO 9001:2015 standards.
The company's clients include those in defence, aerospace, electrical engineering, heavy industries, power, and utilities.
As of March 31st, 2026, the company had 57 employees in various departments.
Competitive Strength