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Category	Times
QIBs	0.00x
HNIs	0.00x
Retail	0.00x
Total : 0.00x

IPO Market Lot(s) Distribution

Application	Lot Size	Shares	Amount
Retail Minimum	2	2,000	₹298,000
Retail Maximum	2	2,000	₹298,000
S-HNI Minimum	3	3,000	₹447,000
S-HNI Maximum	6	6,000	₹894,000
B-HNI Minimum	7	7,000	₹1,043,000

About the Company

Merritronix Limited, incorporated in October 1988, operates as an Electronics Systems Design and Manufacturing (ESDM) company engaged in manufacturing high-reliability and mission-critical electronic assemblies catering to industries such as defence, aerospace, telecommunications, and industrial electronics.

The company offers B2B solutions covering component procurement, PCB assembly, system integration, testing services, box-build assembly, and supply of fully assembled electronic products, while adhering to Indian defence and aerospace quality standards.

As of December 31, 2025, the company’s manufacturing facility had an aggregate installed capacity of 17,85,000 units annually, comprising 7,65,000 boards for SMT assembly, 6,00,000 boards for Through-Hole Technology (THT) assembly, and 4,20,000 units for product assembly and box-build activities.

Company Financial Report

_{Amount ₹ in Crores}

Period Ended	Revenue	Expense	PAT	Assets
2024	₹86.01	₹81.72	₹3.05	₹68.44
2025	₹114.04	₹101.64	₹8.66	₹74.18
2026	₹156.25	₹133.23	₹16.10	₹154.40

Company Promoter

Dovari Yesudas

Dovari Amarnath

Vanaja D

Darsy Kethan Chandra

Dovari Thaman

Know before investing

• • Strengths

  Merritronix Limited has established a strong position in defence and aerospace electronics, backed by more than 30 years of experience in producing mission-critical and high-reliability electronic systems for the defence, aerospace, power, and industrial industries.

  Merritronix Limited possesses strong expertise in obsolescence management through reverse engineering, component substitution, and lifecycle extension of legacy electronic systems, enabling customers to sustain and modernize ageing defence platforms.

• • Risks

  Merritronix Limited primarily functions as a B2B ESDM service provider and lacks a consumer-focused brand presence, which could restrict its pricing flexibility, customer diversification, and future growth potential.

  Merritronix Limited derives a substantial share of its business from specialised defence and industrial clients despite operating across multiple sectors. Any decline in orders or postponement of projects from these customers could impact revenue consistency and business performance.

Objects of the Issue & Utilisation of proceeds

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 the Company.

General corporate purposes.

Company  Address

Merritronix Ltd.
C-22, Electronic Complex
Kushaiguda
Hyderabad, Telangana, 500062
Phone: +91 8297912056
Email: cs@merritronix.com
Website: https://www.merritronix.com/

IPO Registrar

Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html

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