New Delhi, June 8 -- Merritronix share price made a blockbuster debut on BSE SME today. Merritronix share price today opened at Rs.283.10, which is 90% higher than the issue price of Rs.149.

Post a stellar debut, the stock was locked in at a 5% upper circuit at Rs.297.25 per share. Merritronix share price touched an intraday low of Rs.283.10 per share today.

The Rs.70 crore Merritronix IPO, which was open for subscription from 1 June to 3 June, witnessed overwhelming investor interest, ending with an overall subscription of 315.36 times. Demand was led by the non-institutional investor (NII) segment, which was subscribed 476.59 times, followed by the retail investor category at 297.67 times and the qualified institutional buyer (QIB) po...