Comparison between Merritronix IPO and Ravita Engineering Services IPO.
Merritronix IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Ravita Engineering Services IPO is a SME Bookbuilding proposed to list at NSE SME.
| Merritronix IPO | Ravita Engineering Services IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | GYR Capital Advisors Pvt.Ltd. | Vivro Financial Services Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | MUFG Intime India 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 Merritronix IPO is up to ₹66.51 Cr whereas the issue size of the Ravita Engineering Services IPO is up to ₹0.00 Cr. The final issue price of Merritronix IPO is ₹149.00 per share and of Ravita Engineering Services IPO is .
| Merritronix IPO | Ravita Engineering Services IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹5 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 | 44,64,000 shares | 1,25,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹66.51 Cr | up to ₹0.00 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 | 44,64,000 shares | 1,25,00,000 shares |
| Issue Size Total (Amount) | up to ₹66.51 Cr | up to ₹0.00 Cr |
Merritronix IPO opens on Jun 01, 2026, while Ravita Engineering Services IPO opens on . The closing date of Merritronix IPO and Ravita Engineering Services IPO is Jun 03, 2026, and , respectively.
| Merritronix IPO | Ravita Engineering Services 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 |
Merritronix IPO P/E ratio is 11.83, as compared to Ravita Engineering Services IPO P/E ratio of .
| Merritronix IPO | Ravita Engineering Services 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.
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 85.17 | 73.74 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 62.28 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 11.83 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹260.52 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 46.03 | 128.31 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 45.26 | 71.71 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.81 | 1.53 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹12.60 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 30.66 | 128.31 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Merritronix IPO Retail Individual Investors (RII) are offered 15,64,000 shares while in Ravita Engineering Services IPO retail investors are offered 15,64,000 shares. Qualified Institutional Buyers (QIB) are offered 8,92,000 shares in Merritronix IPO and 0 shares in Ravita Engineering Services IPO.
| Merritronix IPO | Ravita Engineering Services IPO | |
|---|---|---|
| Anchor Investor Reservation | 13,36,000 shares | 0 shares |
| Market Maker Reservation | 2,36,000 shares | 0 shares |
| QIB | 8,92,000 shares | 0 shares |
| NII | 6,72,000 shares | 0 shares |
| RII | 15,64,000 shares | 0 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 44,64,000 shares | 0 shares |
Merritronix IPO subscribed 220.98x in total, whereas Ravita Engineering Services IPO subscribed .
| Merritronix IPO | Ravita Engineering Services 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 |
