Merritronix IPO Subscription Status
Final figures at close of bidding: 15 Jul 2026, 12:00 am IST
| Category | Subscription |
|---|---|
| QIB | 224.91x |
| NII | 476.59x |
| Retail (RII) | 297.67x |
| Total | 315.36x |
Bidding day 3
Day-wise subscription
| Day | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Day 3 | 224.91x | 476.59x | 297.67x | 315.36x |
Times subscribed per category (bids vs shares offered, anchor portion excluded). Bidding has closed — these are the final figures.
How the book filled
Day-by-day demand
Our day-wise record for the Merritronix IPO covers bidding day 3, with overall subscription closing at 315.36×; the strongest category was non-institutional investors (NII) at 476.59×.
Category detail
Institutional demand closed at 224.91× of the QIB quota. Non-institutional investors came in at 476.59×. Retail investors put in bids for 297.67× the shares reserved for them. That puts non-institutional investors (NII) at the top of the book at 476.59× and qualified institutional buyers (QIB) at the bottom at 224.91×.
What the multiple means for allotment
A retail multiple of 297.67× means bids in the category outnumbered the shares set aside for it roughly 297.67 times over. When a retail book is oversubscribed, the registrar does not allot proportionately — allotment runs as a computerised lottery among all valid applications, with each successful application receiving at least one lot of 1000 shares — ₹1,49,000 of stock at the upper band. The multiple above is the data point that determines how thinly that draw is spread; it describes the final book, not the outcome of any single application.
Frequently asked questions
- When does the Merritronix IPO open and close?
- The Merritronix IPO opens on 1 Jun 2026 and closes on 3 Jun 2026.
- How many times was the Merritronix IPO subscribed?
- The Merritronix IPO was subscribed 315.36 times in total across all investor categories.
- What is the reservation split in the Merritronix IPO?
- Of the total shares offered, retail investors get 35.04%, QIBs 19.98% (plus 29.93% anchor), non-institutional investors 15.05%.