IPO IPO-Synopsis
Merritronix Ltd

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Registered Office: C-22 Electronic Complex,Kushaiguda , Hyderabad - 500062 , Telangana , India.
Phone : +91 82979 12056   Fax:
Email :  cs@merritronix.com  
Website :  https://www.merritronix.com/
Initial public offer of 47,00,000 equity shares of face value of Rs10/- each ("Equity Shares") of Merritronix Ltd (the "Company" or "Merritronix" or "Issuer") at an issue price of Rs149 per equity share (including a share premium of Rs139 per equity share) for cash, aggregating Rs70.03 Crores ("Public Issue") out of which 2,36,000 equity shares of face value of Rs10/- each, at an issue price of Rs149 per equity share for cash, aggregating Rs3.52 Crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. Issue of 44,64,000 equity shares of face value of Rs10/- each, at an issue price of Rs149 per equity share for cash, aggregating Rs66.51 Crores is hereinafter referred to as the "Net Issue". The public issue and net issue will constitute 26.88% and 25.53% respectively of the post-issue paid-up equity share capital of the company. Price Band: Rs149/- per equity share of face value Rs10/- each. The floor price is 14.9 times of the face value of the equity shares. Bids can be made for a minimum of 2000 equity shares and in multiples of 1000 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
01-Jun-26 03-Jun-26 Rs149.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :2000  Further Multiples of :1000

  Rs Cr Lead Managers to the Issue
Project Cost 63.94
GYR Capital Advisors Private Limited
Project Financed through Current Offer 70.03  
Post Issue Equity Share Capital 17.48  
Issue Price Rs149.00  
Projects
Capital expenditure towards purchase of Machinery and equipmentRepayment/ prepayment, in full or part, of all or certain outstanding borrowings availed by its Company
Funding working capital requirementsGeneral corporate purposes
Promoted By
Dovari Yesudas
Dovari Amarnath
Vanaja D
Listing At
BSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd