Gulf Lloyds IPO vs Merritronix IPO

Comparison between Gulf Lloyds IPO and Merritronix IPO.

IPO Details

Gulf Lloyds IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Merritronix IPO is a SME Bookbuilding proposed to list at BSE SME.

Issue Size and Price

The total issue size of Gulf Lloyds 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 Gulf Lloyds IPO is and of Merritronix IPO is ₹149.00 per share.

 Gulf Lloyds IPOMerritronix 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 Size1000 shares
Fresh Issue Size18,20,000 shares44,64,000 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹66.51 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total18,20,000 shares44,64,000 shares
Issue Size Total (Amount)up to ₹0.00 Crup to ₹66.51 Cr

IPO Timetable

Gulf Lloyds IPO opens on , while Merritronix IPO opens on Jun 01, 2026. The closing date of Gulf Lloyds IPO and Merritronix IPO is , and Jun 03, 2026, respectively.

Financials & KPIs

Gulf Lloyds IPO P/E ratio is , as compared to Merritronix IPO P/E ratio of 11.83.

 Gulf Lloyds IPOMerritronix IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Sep 202531 Mar 202531 Mar 202431 Mar 2023
Assets24.3823.5115.887.12
Total Income16.7435.8823.5113.15
Profit After Tax1.954.671.681.16
EBITDA3.707.662.971.95
NET Worth11.289.334.662.98
Reserves and Surplus6.379.324.652.97
Total Borrowing11.178.946.940.62
Amount in ₹ Crore

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.

Period Ended31 Mar 202631 Mar 202531 Mar 2024
Assets154.4074.1868.44
Total Income156.25114.0486.01
Profit After Tax16.108.663.05
EBITDA27.2215.186.73
NET Worth52.5216.237.58
Reserves and Surplus40.3415.396.73
Total Borrowing43.2018.5715.82
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.9485.17
Promoter Shareholding (Post-Issue)72.9162.28
P/E Ratio11.83
Market Cap₹260.52 Cr.
ROE66.7746.03
ROCE39.7745.26
Debt/Equity0.960.81
EPS₹12.60
RoNW50.0630.66

Shares Offered

In the Gulf Lloyds 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 Gulf Lloyds IPO and 8,92,000 shares in Merritronix IPO.

 Gulf Lloyds IPOMerritronix IPO
Anchor Investor Reservation0 shares13,36,000 shares
Market Maker Reservation0 shares2,36,000 shares
QIB0 shares8,92,000 shares
NII0 shares6,72,000 shares
RII0 shares15,64,000 shares
Employee0 shares0 shares
Others
Total0 shares44,64,000 shares

Bids Received (Subscription)

Gulf Lloyds IPO subscribed in total, whereas Merritronix IPO subscribed 220.98x.

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Gulf Lloyds IPO Vs Merritronix IPO