Comparison between Hyrefox Consultants IPO and Merritronix IPO.
Hyrefox Consultants IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Merritronix IPO is a SME Bookbuilding proposed to list at BSE SME.
| Hyrefox Consultants IPO | Merritronix IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Expert Global Consultants Pvt.Ltd. | GYR Capital Advisors Pvt.Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Giriraj Stock Broking Pvt.Ltd. | |
| DRHP | DRHP  | DRHP |
| RHP | RHP | |
| Final Prospectus | Final Prospectus | |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL |
The total issue size of Hyrefox Consultants IPO is up to ₹0.00 Cr whereas the issue size of the Merritronix IPO is up to ₹66.51 Cr. The final issue price of Hyrefox Consultants IPO is and of Merritronix IPO is ₹149.00 per share.
| Hyrefox Consultants IPO | Merritronix IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹141.00 per share | |
| Issue Price (Upper) | ₹149.00 per share | |
| Issue Price (Final) | ₹149.00 per share | |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1000 shares | |
| Fresh Issue Size | 31,00,000 shares | 44,64,000 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹66.51 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 31,00,000 shares | 44,64,000 shares |
| Issue Size Total (Amount) | up to ₹0.00 Cr | up to ₹66.51 Cr |
Hyrefox Consultants IPO opens on , while Merritronix IPO opens on Jun 01, 2026. The closing date of Hyrefox Consultants IPO and Merritronix IPO is , and Jun 03, 2026, respectively.
| Hyrefox Consultants IPO | Merritronix IPO | |
|---|---|---|
| Anchor Bid Date | May 29, 2026 | |
| Issue Open | Jun 01, 2026 | |
| Issue Close | Jun 03, 2026 | |
| Basis Of Allotment (Tentative) | Jun 04, 2026 | |
| Initiation of Refunds (Tentative) | Jun 05, 2026 | |
| Credit of Share (Tentative) | Jun 05, 2026 | |
| Listing date (Tentative) | Jun 08, 2026 | |
| Anchor Lockin End date 1 | Jul 03, 2026 | |
| Anchor Lockin End date 2 | Sep 01, 2026 |
Hyrefox Consultants IPO P/E ratio is , as compared to Merritronix IPO P/E ratio of 11.83.
| Hyrefox Consultants IPO | Merritronix IPO | |||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)Merritronix Ltd.'s revenue increased by 37% and profit after tax (PAT) rose by 86% between the financial year ending with March 31, 2026 and March 31, 2025.
| |||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 72.58 | 85.17 | ||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 62.28 | |||||||||||||||||||||||||||||||||||||
| P/E Ratio | 11.83 | |||||||||||||||||||||||||||||||||||||
| Market Cap | ₹260.52 Cr. | |||||||||||||||||||||||||||||||||||||
| ROE | 26.75 | 46.03 | ||||||||||||||||||||||||||||||||||||
| ROCE | 31.75 | 45.26 | ||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.22 | 0.81 | ||||||||||||||||||||||||||||||||||||
| EPS | ₹12.60 | |||||||||||||||||||||||||||||||||||||
| RoNW | 25.76 | 30.66 | ||||||||||||||||||||||||||||||||||||
In the Hyrefox Consultants IPO Retail Individual Investors (RII) are offered 0 shares while in Merritronix IPO retail investors are offered 0 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Hyrefox Consultants IPO and 8,92,000 shares in Merritronix IPO.
| Hyrefox Consultants IPO | Merritronix IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 13,36,000 shares |
| Market Maker Reservation | 0 shares | 2,36,000 shares |
| QIB | 0 shares | 8,92,000 shares |
| NII | 0 shares | 6,72,000 shares |
| RII | 0 shares | 15,64,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 0 shares | 44,64,000 shares |
Hyrefox Consultants IPO subscribed in total, whereas Merritronix IPO subscribed 220.98x.
| Hyrefox Consultants IPO | Merritronix IPO | |
|---|---|---|
| QIB (times) | 224.91x | |
| NII (times) | 476.59x | |
| Big NII (times) | 563.33x | |
| Small NII (times) | 303.12x | |
| RII (times) | 297.67x | |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 220.98x |
