Telangana, India.
Initial public offer of upto 47,00,000* equity shares of face value of (₹) 10/- each ("Equity Shares") of Merritronix Ltd (the "Company" or "Merritronix" or "Issuer") at an issue price of (₹) 141-149 per equity share (including a share premium of (₹) 131-139 per equity share) for cash, aggregating up to (₹) 66.27-70.03 Crores ("Public Issue") out of which upto 2,36,000 equity shares of face value of (₹) 10/- each, at an issue price of (₹) 141-149 per equity share for cash, aggregating (₹) 3.33-3.52 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 upto 44,64,000 equity shares of face value of (₹) 10/- each, at an issue price of (₹) 141-149 per equity share for cash, aggregating upto (₹) 62.94-66.51 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: (₹) 141/ - to (₹) 149/- per equity share of face value (₹) 10/- each.
The floor price is 14.1 times of the face value and the cap 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.
Minimum Application for shares in Nos :
2000
Further Multiples of :
1000
(Rs.Cr)
Lead Managers to the Issue
Project Cost
0.00
GYR Capital Advisors Private Limited