Merritronix Ltd., a Defence & Aerospace-Focused ESDM Company, Files RHP for Rs 70.03 Cr IPO on BSE SME – Backed by Veteran Investor Madhu Kela
Hyderabad (Telangana) [India], June 1: Merritronix Ltd. is a 36-year-old electronics manufacturing company specialising in defence and aerospace applications. The company is hitting the capital markets with a 100% fresh issue IPO of up to 47 lakh equity shares on BSE SME, aiming to raise ₹70.03 Cr at a price band of ₹141–₹149 per share (lot size: minimum 2,000 shares and in multiples of 1,000…
