Merritronix IPO Share Allotment Status Expected Today: Online Status Check and GMP Details
Merritronix Limited
IPOMerritronix IPO Allotment to be Finalised Today
The initial public offering (IPO) of Merritronix has seen overwhelming investor participation, and attention has now turned to share allotment, which is expected to be finalised today, 4 June, 2026. The issue was open for subscription from 1-3 June, with the company gearing up for its listing on Monday, 8 June, on the BSE SME.
The allotment process is expected to be completed today, after which equity shares will be credited to the demat accounts of successful bidders. Refunds for applicants who did not receive an allotment will be processed tomorrow, 5 June. Investors can check the Merritronix IPO allotment status online either through the BSE website or via Bigshare Services, the registrar to the issue.
To access the Merritronix IPO allotment status online, investors must follow a few simple steps:
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Merritronix IPO Allotment Status: Check BSE
| Step | Action |
|---|---|
| 1 | Visit BSE allotment status page on its website here - https://www.bseindia.com/static/investors/application_statuschecksystem.aspx |
| 2 | Select ‘Equity’ on BSE |
| 3 | Choose ‘Merritronix ’ from the Issue Name dropdown menu |
| 4 | Enter your PAN and Application Number |
| 5 | Click on Submit. |
Merritronix IPO Allotment Status: Check Bigshare Services
| Step | Action |
|---|---|
| 1 | Visit the web portal of the registrar here - https://www.bigshareonline.com/ipo_allotment.html |
| 2 | Select ‘Merritronix ’ in the Select Company dropbox |
| 3 | Choose among - Application Number/CAF No, Beneficiary ID, or PAN |
| 4 | Enter the details as per the option selected |
| 5 | Fill the captcha and hit on ‘Search’. |
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Merritronix shares are showing moderate activity in the grey market, with the IPO GMP standing at ₹80 per share today. Based on this premium, the stock is estimated to list at around ₹229 apiece, reflecting a 53.69% gain over the IPO price.
The IPO was subscribed 315.36 times by end of Day 3. The retail portion was subscribed 297.67 times, and NII portion was booked 476.59 times, Qualified Institutional Buyers (QIBs) portion received 224.91 times bids. The company has received bids for 98.64 crore shares against 31.28 lakh shares on offer.
The ₹70.03 crore SME IPO was a completely fresh issue comprising 0.47 crore equity shares. The company fixed the price band for the public issue at ₹141-149 per share, with a face value of ₹10 each. Investors were required to bid for a minimum of 1,000 shares and in multiples thereafter. The proceeds from the issue are proposed to be utilised for business expansion initiatives and general corporate purposes.
Prior to the opening of the IPO, Merritronix raised ₹19.91 crore from anchor investors by allotting 13.36 lakh equity shares. Merritronix operates in the Electronics Systems Design and Manufacturing (ESDM) space, specialising in the production of high-reliability and mission-critical electronic assemblies. Its products cater to a range of sectors, including defence, aerospace, telecommunications, and industrial electronics.
With a strong focus on defence and aerospace applications, Merritronix manufactures products that adhere to India's stringent industry and quality standards. GYR Capital Advisors is serving as the book-running lead manager for the issue, while Bigshare Services has been appointed as the registrar. Giriraj Stock Broking is acting as the market maker for the IPO.
Investor Takeaway
Investors can check the Merritronix IPO allotment status online through the BSE website or via Bigshare Services.
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