New Delhi, June 1 -- The Merritronix initial public offering (IPO) began on Monday, 1 June, and will end on Wednesday, 3 June. The Merritronix IPO price band is Rs.141-149 per equity share, with a face value of Rs.10 per share.

Investors can bid for a minimum of 1,000 equity shares, with the option to acquire additional shares in increments of 1,000.

Prior to the issue opening, Merritronix secured Rs.19.91 crore from anchor investors by allotting 13.36 lakh shares.

Merritronix is a company in the Electronics Systems Design and Manufacturing (ESDM) sector, specialising in the production of high-reliability, mission-critical electronic assemblies for industries including defence, aerospace, telecommunications, and industrial electronics....