Merritronix SME IPO Subscription
ListedUpdated 8 June 2026, 9:15 AM IST· BSE SME
Merritronix SME IPO subscription closed on 3 June 2026 at 315.44x overall by shares. QIB demand came in at 224.91x, NII at 476.94x, and retail at 297.67x. See Retail, SHNI, and BHNI allotment chances in the table below.
Allotment date is 4 June 2026. Listing date on NSE and BSE is 8 June 2026.
Merritronix SME IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 1 Jun 2026 | 0.00x | 21.63x | 22.62x | 15.96x |
| Day 2 - 2 Jun 2026 | 3.09x | 107.11x | 89.25x | 68.52x |
| Day 3 - 3 Jun 2026 | 224.91x | 476.59x | 297.67x | 315.36x |
Merritronix SME IPO Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
Merritronix SME IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail (IND) | 297.67x | 1 in 298 |
| SHNI (Rs 2L to Rs 10L) | 282.11x | 1 in 282 |
| BHNI (above Rs 10L) | 224.15x | 1 in 224 |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
Check the Merritronix SME IPO Allotment Status page from 4 June 2026 for your result.
Merritronix SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 149.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 13.29 Cr | Rs 2,989.18 Cr | 224.91x |
| FII | - | Rs 566.59 Cr | - |
| DFI | - | Rs 438.89 Cr | - |
| Mutual Funds | - | Rs 25.99 Cr | - |
| Other | - | Rs 1,957.71 Cr | - |
| NII | Rs 10.01 Cr | Rs 4,775.55 Cr | 476.94x |
| bNII (above Rs 10L) | Rs 6.68 Cr | Rs 3,763.86 Cr | 563.86x |
| Corporate | - | Rs 51.45 Cr | - |
| Individual | - | Rs 3,673.36 Cr | - |
| Other | - | Rs 39.05 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 3.34 Cr | Rs 1,011.70 Cr | 303.12x |
| Corporate | - | Rs 6.87 Cr | - |
| Individual | - | Rs 988.39 Cr | - |
| Other | - | Rs 16.43 Cr | - |
| IND | Rs 23.30 Cr | Rs 6,936.81 Cr | 297.67x |
| Fixed price | - | Rs 6,936.81 Cr | - |
| Total | Rs 46.61 Cr | Rs 14,701.55 Cr | 315.44x |
Merritronix SME IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 892 | 170 | 0.19x |
| FII | - | 41 | - |
| DFI | - | 13 | - |
| Mutual Funds | - | 2 | - |
| Other | - | 114 | - |
| NII | 224 | 54,557 | 243.56x |
| bNII (above Rs 10L) | 149 | 33,399 | 224.15x |
| Corporate | - | 426 | - |
| Individual | - | 32,623 | - |
| Other | - | 350 | - |
| sNII (Rs 2L to Rs 10L) | 75 | 21,158 | 282.11x |
| Corporate | - | 145 | - |
| Individual | - | 20,668 | - |
| Other | - | 345 | - |
| IND | 782 | 2,32,779 | 297.67x |
| Fixed price | - | 2,32,779 | - |
| Total | 1,898 | 2,87,506 | 151.48x |
What Do These Subscription Numbers Mean?
315.44x overall by shares means bids covered about 315 times the shares on offer. Allotment chances depend on applications in each category.
QIB at 224.91x by shares shows institutional demand from mutual funds, FIIs, and banks.
NII covers bids above Rs 2 lakh (243.56x by applications). Split: SHNI 282.11x, BHNI 224.15x by applications. SHNI and BHNI allotment is by lottery.
At 297.67x subscription by applications, about 1 in 298 retail applicants may get allotment (~1% chance per application). Retail allotment is also by lottery.
Merritronix SME IPO GMP After Subscription
GMP for Merritronix SME stands at Rs 68.00 today, giving an estimated listing price of Rs 217.00 per share.
The GMP has moved up from Rs 45.00 on 20 May 2026 to Rs 75.00 on 4 Jun 2026.
A subscription of 315.44x combined with a GMP of 45.64% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Merritronix SME IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Merritronix SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 1 June 2026 |
| IPO Close Date | 3 June 2026 |
| Allotment Date | 4 June 2026 |
| Refund Initiation | 5 June 2026 |
| Share Credit to Demat | 5 June 2026 |
| Listing Date | 8 June 2026 |
| Minimum Investment | Rs 2,98,000.00 |
| Lot Size | 1000 shares |
About 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.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors (SHNI & BHNI)
Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.
IND - Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
Merritronix SME IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Merritronix SME Details
Issue size, price, financials, and company info
Merritronix SME GMP
Live grey market premium and listing estimate
Merritronix SME Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Merritronix SME Allotment
Allotment date, chances, and check by PAN
Merritronix SME Review
SWOT, strengths, risks, and IPO review
Merritronix SME FAQ
Common questions on dates, GMP, and allotment
Merritronix SME Registrar
Registrar website and how to check allotment
Merritronix SME Timeline
Open, close, allotment, and listing dates
Merritronix SME News
Updates, blogs, and latest IPO news
Merritronix SME IPO Subscription FAQs
What is Merritronix SME IPO subscription status today?
Merritronix SME IPO subscription closed on 3 June 2026 with overall subscription of 315.44x (by shares) as of 3 September 2026, 4:17 PM IST. QIB 224.91x, NII 243.56x, IND 297.67x.
What is the overall subscription of Merritronix SME IPO?
Merritronix SME IPO is subscribed 315.44x overall by shares at close on 3 June 2026. QIB 224.91x, NII 243.56x, and IND 297.67x.
What is Merritronix SME IPO QIB subscription?
Merritronix SME IPO QIB (Qualified Institutional Buyers) subscription is 224.91x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Merritronix SME IPO IND subscription?
Merritronix SME IPO IND subscription is 297.67x by applications. Retail bids are up to Rs 2 lakh per PAN.
What is Merritronix SME IPO NII, SHNI, and BHNI subscription?
Merritronix SME IPO NII subscription is 243.56x by applications. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) at 282.11x and BHNI (above Rs 10L) at 224.15x.
What are Merritronix SME IPO retail allotment chances?
At 297.67x subscription by applications, about 1 in 298 retail applicants may get allotment (~1% chance per application). Allotment is by lottery.
What are Merritronix SME IPO SHNI allotment chances?
At 282.11x subscription by applications, about 1 in 282 SHNI applicants may get allotment (~1% chance per application). Allotment is by lottery. Share subscription was 303.12x. Allotment chances use applications, not share volume.
What are Merritronix SME IPO BHNI allotment chances?
At 224.15x subscription by applications, about 1 in 224 BHNI applicants may get allotment (~1% chance per application). Allotment is by lottery. Share subscription was 563.86x. Allotment chances use applications, not share volume.
When is Merritronix SME IPO allotment date?
Merritronix SME IPO allotment date is 4 June 2026. Check Merritronix SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Merritronix SME IPO subscription close?
Merritronix SME IPO subscription closed on 3 June 2026. No new applications are accepted after the close.
What is Merritronix SME IPO GMP today?
Merritronix SME IPO GMP is ₹68 today (+45.64% over issue price ₹149). See live GMP on the Merritronix SME IPO GMP Today page.
What is Merritronix SME IPO issue price and lot size?
Merritronix SME IPO issue price is ₹149 per share. Lot size is 1000 shares. Minimum investment is ₹2,98,000 per lot (minimum 2 lots for SME). Issue size: ₹70.03 Cr.
When is Merritronix SME IPO listing date?
Merritronix SME IPO listing date is 8 June 2026 on NSE and BSE. Allotment is on 4 June 2026.
How does subscription affect Merritronix SME IPO allotment?
In Merritronix SME IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 315.44x overall, competition is very high.
For allotment results from 4 June 2026, visit the Merritronix SME IPO Allotment Status page. For listing day updates on 8 June 2026, download the IPOwiz App.
Sources
We match Merritronix SME IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- IPO RegistrarRegistrar details are on the allotment page for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.