ListedSMEEngineeringMRTX

Merritronix IPO

Merritronix IPO is an SME IPO raising ₹70 Cr at ₹141 – ₹149 a share. It listed on 8 Jun 2026 at ₹283, +90.0% against its issue price of ₹149, and trades at ₹365 today (+145.1% since issue). It was subscribed 367× in total.

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₹149

Issue price

₹365

Price now

+145.1%

Since issue price

8 Jun 2026

Listed on

367×Subscribed (final) · all exchanges

367.1 times more demand than shares on offer

populated partly populated we hold nothing here — the tab says why

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Price band₹141 – ₹149

Cut-off price₹149

Issue size₹70 Cr

Shares per lot1000

Minimum application₹1,49,000

Minimum quantity2000

Face value₹10

Listing exchangesBSE

ISININE1RQS01010

Bidding hours10:00 – 17:00 IST

Bidding window1 Jun 2026 – 3 Jun 2026

SME

What being an SME issue means here. SME issues list on NSE Emerge or BSE SME. They disclose less than mainboard issues, trade far more thinly, and — by regulation — the minimum application is a full lot worth roughly ₹1–1.5 lakh rather than about ₹15,000. That is why the minimum above is so much larger than for a mainboard issue.

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.