Merritronix shares debuted with a 90% premium on the BSE SME platform, listing at Rs 283 against an issue price of Rs 149. The Rs 70 crore IPO saw overwhelming investor response, subscribed 315.36 times overall. The company, operating in the defence and aerospace ESDM segment, reported strong financial growth, contributing to its stellar market debut.
Merritronix shares debuted with a 90% premium on the BSE SME platform, listing at Rs 283 against an issue price of Rs 149. The Rs 70 crore IPO saw overwhelming investor response, subscribed 315.36 times overall. The company, operating in the defence and aerospace ESDM segment, reported strong financial growth, contributing to its stellar market debut.
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