Merritronix IPO subscribed 66.07 times, led by NIBs
Merritronix's initial public offering was subscribed 66.07 times, with Non-Institutional Buyers (bHNI) subscribing 114.6 times and retail investors 86.85 times. Qualified Institutional Buyers recorded a subscription of 3.08 times, while the employee quota remained unsubscribed.
*this image is generated using AI for illustrative purposes only.
Merritronix's initial public offering was subscribed 66.07 times, driven primarily by strong interest from Non-Institutional Buyers and retail investors. The total subscription figure reflects the aggregate demand across all investor categories for the issue.
Retail investors emerged as a highly active segment, subscribing to their allotted quota 86.85 times. This segment was followed by Non-Institutional Buyers, which include high net worth individuals. The Non-Institutional Buyers (bHNI) category was subscribed 114.6 times, while the Non-Institutional Buyers (sHNI) category recorded a subscription of 74.68 times.
Qualified Institutional Buyers (QIB) recorded subscriptions of 3.08 times. Additionally, the employee quota remained unsubscribed at 0 times.
Subscription Breakdown
| Investor Category | Subscription Status |
|---|---|
| Non-Institutional Buyers (bHNI) | 114.6 x |
| Retail | 86.85 x |
| Non-Institutional Buyers (sHNI) | 74.68 x |
| Total Subscribed | 66.07 x |
| Qualified Institutional Buyers (QIB) | 3.08 x |
| Employees | 0 x |
How will the overwhelming demand from retail and HNI investors influence the listing day premium for Merritronix?
What factors contributed to the Qualified Institutional Buyers' relatively low subscription compared to the retail enthusiasm?
Will the complete lack of employee subscription impact the company's internal morale or signal broader workforce sentiment?
19
Create Custom Screeners 
Access 200+ Pre-built Filters 
Use 50+ Readymade Screener 
