Merritronix SME GMP - Live Grey Market Premium

Ongoing
Merritronix SME

Merritronix Limited, established in 1988, is an Electronic Systems Design and Manufacturing (ESDM) enterprise specializing in high-reliability, mission-critical electronic assemblies. The company operates entirely in the B2B segment, providing end-to-end solutions that encompass component sourcing, printed circuit board assembly (PCBA), system integration, functional testing, and full box-build product deployment. Merritronix caters to demanding sectors including defence, aerospace, telecommunications, and industrial electronics, operating from an EN 9100:2018 certified facility in Hyderabad, Telangana, with an aggregate installed capacity of 17.85 lakh production units per annum.

Issue Price
149
Current GMP
90
GMP %
+60.40
Est. Listing Price
239
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IPO Details

Price Range
₹141.0 - ₹149.0
Issue Size
₹70.03 Cr
Lot Size
1000 shares
IPO Type
BSE SME
Open Date
1 Jun 2026
Close Date
3 Jun 2026
Allotment Date
4 Jun 2026
Listing Date
8 Jun 2026

GMP Timeline

DateIPO PriceGMPEst. Price% Change
1 Jun 2026Live
149
90
239
+60.40
31 May 2026
149
88
237
+59.06
30 May 2026
149
88
237
+59.06
29 May 2026
149
82
231
+55.03
28 May 2026
149
90
239
+60.40
27 May 2026
149
92
241
+61.74
26 May 2026
149
87
236
+58.39
25 May 2026
149
90
239
+60.40
24 May 2026
149
93
242
+62.42
23 May 2026
149
93
242
+62.42
22 May 2026
149
85
234
+57.05
21 May 2026
149
78
227
+52.35
20 May 2026
149
45
194
+30.20
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Important Notes About Grey Market Premium

Grey Market Premium (GMP) is an unofficial value that indicates investor sentiment before the IPO listing. It is the premium amount at which IPO shares are traded in the grey market before they are officially listed on the stock exchange.

GMP fluctuates based on market conditions and investor sentiment. A positive GMP suggests the market expects the stock to list above its issue price, while a negative GMP suggests it may list below the issue price.

The actual listing price may differ from the estimated price based on GMP due to market conditions on the listing day. GMP is not an official indicator and should not be the sole basis for investment decisions.

IPOwiz updates the GMP values regularly, but these values are sourced from unofficial channels and should be used as a reference only.

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Frequently Asked Questions

What is GMP (Grey Market Premium)?
GMP (Grey Market Premium) is the premium at which IPO shares are traded in the unofficial market before official listing. It indicates market sentiment and expected listing price. A positive GMP suggests strong demand, while negative GMP indicates weak market sentiment.
What is the current GMP for Merritronix SME?
The current GMP for Merritronix SME is ₹90. This represents a 60.40% premium over the issue price of ₹149.
What is the estimated listing price based on current GMP?
Based on the current GMP of ₹90 and issue price of ₹149, the estimated listing price for Merritronix SME is ₹239. However, the actual listing price may differ based on market conditions on 8 June 2026.
How is GMP calculated?
GMP is determined by market demand and supply in the unofficial grey market. It's the difference between the expected listing price and the issue price. Higher GMP indicates strong demand and investor confidence, while lower or negative GMP suggests weak demand.
Is GMP reliable for IPO investment decisions?
GMP provides market sentiment but shouldn't be the sole factor for investment decisions. It's unofficial and can change daily. Consider company fundamentals, financials, market conditions, and your risk appetite before investing. GMP is a reference indicator, not a guarantee.
Can GMP change before listing?
Yes, GMP is highly volatile and can change daily based on market conditions, subscription levels, overall market sentiment, and news about the company. The GMP you see today may be different tomorrow, and it can change until 8 June 2026.
What happens if GMP is negative?
A negative GMP indicates the stock may list below the issue price, suggesting weak market demand. However, actual listing price may differ from GMP predictions, and negative GMP doesn't guarantee a loss.
How does GMP affect IPO subscription?
High GMP often correlates with high subscription rates as investors expect good listing gains. However, this isn't always true. Some IPOs with high GMP may have lower subscription if investors are cautious. GMP reflects market sentiment, which can influence subscription behavior.
What is the estimated profit based on GMP?
For a lot size of 1000 shares (2 lots for SME IPO), the estimated profit based on current GMP of ₹90 is ₹1,80,000. This is calculated as: Lot Size × GMP × Number of Lots. Note: This is an estimate and actual listing price may vary.