A+ A A- Skip to main content

Asian Paints

2749.2 9.90

Cipla

1374 -7.30

Eicher Motors

7576.5 -48.00

Nestle India

1394.7 20.00

Grasim Inds

3150.1 -14.40

Hindalco Inds.

978.3 -35.60

Hind. Unilever

2192.2 36.10

ITC

290.8 2.90

Trent

2897.6 -3.50

Larsen & Toubro

4189.8 20.00

M & M

3148.6 14.30

Reliance Industries

1330.4 23.40

Tata Consumer

1131 30.60

Tata Motors PVeh

391.6 -4.80

Tata Steel

195.21 -2.07

Wipro

182.4 1.02

Apollo Hospitals

8395 -73.50

Dr Reddy's Labs

1273.4 -6.10

Titan Company

4338.7 55.20

SBI

1011.15 -9.70

Shriram Finance

1003.3 2.65

Bharat Electron

408.1 -1.45

Kotak Mah. Bank

407.15 1.40

Infosys

1141 6.10

Bajaj Finance

958.75 16.45

Adani Enterp.

2952.5 10.00

Sun Pharma.Inds.

1801.8 -4.20

JSW Steel

1275.6 -20.90

HDFC Bank

785.85 8.50

TCS

2189.2 27.20

ICICI Bank

1330.1 2.50

Power Grid Corpn

285.7 0.00

Maruti Suzuki

13700 -105.00

Axis Bank

1367 -1.30

HCL Technologies

1147 27.70

O N G C

247.65 4.00

NTPC

354.35 6.25

Coal India

452 7.95

Bharti Airtel

1849.2 8.00

Tech Mahindra

1435.1 9.50

Jio Financial

240.93 1.41

Adani Ports

1824.4 19.60

HDFC Life Insur.

574.2 -7.00

SBI Life Insuran

1774.9 15.40

Max Healthcare

1018.3 -10.60

UltraTech Cem.

11400 -66.00

Bajaj Auto

9952 9.00

Bajaj Finserv

1781.3 31.10

Interglobe Aviat

4841.8 -38.60

Eternal

252.5 0.50

IPO-Synopsis
Merritronix Ltd
Initial public offer of 47,00,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Merritronix Ltd (the "Company" or "Merritronix" or "Issuer") at an issue price of Rs. 149 per equity share (including a share premium of Rs. 139 per equity share) for cash, aggregating Rs. 70.03 Crores ("Public Issue") out of which 2,36,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 149 per equity share for cash, aggregating Rs. 3.52 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 Rs. 10/- each, at an issue price of Rs. 149 per equity share for cash, aggregating Rs. 66.51 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: Rs. 149/- per equity share of face value Rs. 10/- 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
Opens On Closes On
01-Jun-26 03-Jun-26
Money Payable On
Application Allotment
149.00 0.00
Minimum Application for shares in Nos : 2000 Further Multiples of : 1000
Cr Lead Managers to the Issue
Project Cost (.Cr) 63.94 GYR Capital Advisors Private Limited
Project Financed through Current Offer (.Cr) 70.03  
Post Issue Equity Share Capital (.Cr) 17.48
Issue Price () 149.00
Projects
Capital expenditure towards purchase of Machinery and equipment
Funding working capital requirements
Repayment/ prepayment, in full or part, of all or certain outstanding borrowings availed by its Company
General corporate purposes
Promoted By
Dovari Yesudas
Dovari Amarnath
Vanaja D
Listing At
BSE - SME
Registrar to the Issue
Bigshare Services Pvt Ltd

DJIA 51705.57
482.31 0.94%
S&P 500 7575.20
122.74 1.65%
HANG SENG 24842.68
124.57 0.50%
NIKKEI 225 69393.70
76.20 0.11%
FTSE 100 10435.69
-36.03 -0.34%
NIFTY 23967.05
113.15 0.47%
×
Ask Your Question
close
refresh