Merritronix Limited IPO
Merritronix Limited was a SME IPO, offered at ₹141–₹149 per share. The issue was subscribed 293.31× overall (QIBs 224.91×, NIIs 352.98×, retail 297.67×). It listed on 8 Jun 2026 at ₹283 and closed its first day at ₹297, a listing gain of +99.5% versus the ₹149 issue price. It now trades around ₹414 (+177.7% versus the issue price).
Frequently asked questions
- How many times was the Merritronix Limited IPO subscribed?
- The Merritronix Limited IPO was subscribed 293.31× overall — 224.91× in the QIB category, 352.98× among non-institutional investors, 297.67× in retail.
- What were the Merritronix Limited IPO listing gains?
- Merritronix Limited listed on 8 Jun 2026 at ₹283, closing its first day at ₹297 — a listing gain of +99.5% versus the ₹149 issue price.
- What were the retail allotment odds for the Merritronix Limited IPO?
- Retail was subscribed 297.67×, so a single-lot application had roughly a 0.3% chance of allotment (about 1 in 298), and allotment was finalised on 4 Jun 2026.
- What was the price band and lot size of the Merritronix Limited IPO?
- The price band was ₹141–₹149 per share.