Merritronix's initial public offering (IPO) saw strong investor interest, with the share allotment process expected to conclude today, June 4, 2026. The IPO subscription window was open from June 1 to June 3. Following the allotment, Merritronix plans to debut its shares on the BSE SME platform on Monday, June 8, 2026, according to livemint.com.
Investors can check the allotment status online via the BSE website or through Bigshare Services, the registrar for the issue. The basis of allotment will be finalized today, after which equity shares will be credited to the demat accounts of successful applicants. The company has prepared for a smooth transition to public trading following the completion of the allotment process.
The Merritronix IPO is part of a growing trend of small and medium enterprises (SMEs) tapping public markets to raise capital. The BSE SME platform has facilitated several such listings, providing SMEs with access to a wider investor base. This move aligns with broader efforts to deepen capital markets and support SME growth in India, with Merritronix joining peers that have recently listed on the exchange.
The next key event is Merritronix's listing on the BSE SME segment scheduled for June 8, 2026. Investors will be able to trade the shares from that date, marking the company's official entry into the public market.