Highness Microelectronics IPO
Open SmeCurrent GMP
₹27 (+22.50%)
Price Band
₹ 114 – 120
Lot Size
1200
Issue Size
₹22 Cr
Minimum Investment
₹288000 (2400 Shares)
Listing Date
02 April 2026
Subscription
223.84x
About the Company
Incorporated in 2007, Highness Microelectronics Limited is an ISO 9001:2015 and ISO 13485:2016 certified company specializing in the design, development, assembly, and manufacturing of advanced digital imaging solutions. The company serves a wide range of industries with both standard and customized display technologies.
1. Off-the-Shelf Products
The company offers a diverse portfolio of ready-to-use products, including:
- Flat Panel Displays: TFT and LCD modules
- Display Controllers
- Electroluminescent (EL) Displays
- Vacuum Fluorescent Displays (VFDs)
- Touch Screens
- Cable Assemblies and Harnesses
- Backlight Drivers and Inverters
Display Enhancement Solutions
These solutions are designed to improve performance and durability in demanding environments:
- High brightness for outdoor and sunlight readability
- Wide temperature range support for harsh conditions
- EMI shielding for sensitive and critical operations
- NVIS (Night Vision Imaging System) compatibility
- Optical bonding for improved clarity and durability
- Vandal-proof designs with protective cover glass
- Anti-glare, anti-reflection, and anti-smudge coatings
2. Market-Specific Solutions / Custom Projects
Highness Microelectronics also provides tailored display solutions designed to meet specific industry requirements. These include customized display monitors in various formats such as:
- Open-frame displays
- Panel-mount displays
- Industrial-grade monitors
- Medical-grade monitors
Key Application Industries
- Industrial Automation
- Medical and Healthcare
- Transportation (Trains, Metros, Automobiles)
- Surveillance and Defence
Promoters
- Mr. Gaurav Manjul Kejriwal
- Mr. Manjul Kumar Kejriwal
- Mrs. Shruti Gaurav Kejriwal
Promoters Holding
Holding Pre Issue
99.90%
Holding Post Issue
64.96%
Objects of the Issue
The Company Highness Microelectronics IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Funding the capital expenditure requirements of our Company
- Funding the Working Capital Requirement of our Company
- Repayment and/or prepayment, in full or part, of borrowing availed by our Company
- General Corporate Purposes
Address / Contact Info
Highness Microelectronics Ltd.
Office 1C3, 1st Floor, Gundecha Onclave,
Kherani Road, Saki Vihar, Andheri (East),
Mumbai, Maharashtra, 400072
Phone: 022-28507123
Email: cs@highnessmicro.com
Website: http://www.highnessmicro.com/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Tuesday, 24 March 2026
IPO Close Date
Friday, 27 March 2026
Basis of Allotment
Monday, 30 March 2026
Initiation of Refunds
Wednesday, 01 April 2026
Credit of Shares to Demat
Wednesday, 01 April 2026
Listing Date
Thursday, 02 April 2026 — NSE & BSE
Important Dates
Open Date
24 March 2026
Close Date
27 March 2026
Basis Of Allotment
30 March 2026
Listing Date
02 April 2026
Financial Performance (₹ in Crores)
| Particular | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 24.03 | 14.31 | 8.2 | 4.78 |
| Revenue | 14.41 | 14.17 | 10.99 | 9.91 |
| Profit After Tax | 3.41 | 2.52 | 2.39 | 0.44 |
| Net Worth | 10.03 | 6.62 | 4.1 | 1.71 |
| Reserve & Surplus | 6.52 | 3.11 | 4.09 | 1.7 |
| Total Borrowings | 8.2 | 4.93 | 1.38 | 1.36 |
EPS Pre
7.19%
EPS Post
8.81%
P/E Pre
16.70
P/E (Post Issue)
13.63x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | Dec 2025 | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|
| ROE % | 40.97 | 47.09 | 82.3 | 29.85 |
| ROCE % | 36.88 | 42.09 | 75.02 | 49.76 |
| Debt / Equity | 0.82 | 0.74 | 0.34 | 0.8 |
| RoNW % | 40.97 | 47.09 | 82.3 | 29.85 |
| PbW | 0 | 0 | 0 | 0 |
| Pat Margin % | 0 | 0 | 0 | 0 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 342000 | 28.41 | 0 |
| Non-Institutional | 259200 | 21.54 | 0 |
| BNII | 172800 | 14.36 | 0 |
| SNII | 86400 | 7.18 | 0 |
| Retail Investors | 602400 | 50.05 | 0 |
| Total | 1203600 | 100 | 0 |
Subscription Status ( Fri, 27 Mar 26 01:50 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 342000 | 28026000 | 81.95x |
| Non-Institutional | 259200 | 93951600 | 362.47x |
| BNII | 172800 | 75642000 | 437.74x |
| SNII | 86400 | 18309600 | 211.92x |
| Retail Investors | 602400 | 111508800 | 185.11x |
| Total | 1462800 | 327438000 | 223.84x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | 288,000.00 |
| Retail (Max) | 2 | 2,400 | 288,000.00 |
| S-HNI (Min) | 3 | 3,600 | 432,000.00 |
| S-HNI (Max) | 6 | 7,200 | 864,000.00 |
| B-HNI (Min) | 7 | 8,400 | 1,008,000.00 |
Registrar
Skyline Financial Services Private Ltd
02228511022
info@skylinerta.com
https://www.skylinerta.com
Book Running Lead Managers
- Fintellectual Corporate Advisors Private Limited
RHP Document
DRHP Document
Anchor Investors
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Highness Microelectronics IPO is a Book-building IPO worth ₹22 crores. The price band is ₹114 to 120 per share. The IPO opens on Tue, Mar 24, 2026 and closes on Fri, Mar 27, 2026. It will be listed on BSE and NSE. Skyline Financial Services Private Ltd is the registrar.
The Highness Microelectronics IPO opens on Tue, Mar 24, 2026 and closes on Fri, Mar 27, 2026
Highness Microelectronics IPO Price Band is ₹114 to 120.
Highness Microelectronics IPO lot size is 1200, and the minimum amount required for application is ₹288000.
The minimum investment for Highness Microelectronics IPO is approximately ₹288000 based on the upper price band.
To apply for the Highness Microelectronics IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Fri, Mar 27, 2026. After submission, funds are blocked until the basis of allotment of Highness Microelectronics IPO is finalised.
Highness Microelectronics IPO issue size is ₹22 crores.
Highness Microelectronics IPO allotment date is Sat, Jun 27, 2026.
The registrar for Highness Microelectronics IPO is Skyline Financial Services Private Ltd. Investors can go to Skyline Financial Services Private Ltd website for IPO allotment status, refund processing, and other queries related to Highness Microelectronics IPO through their official website or helpline.
The Highness Microelectronics IPO GMP (Grey Market Premium) is ₹27 as of Thu, Apr 2, 2026. Based on the upper price band of ₹120 per share, the estimated Highness Microelectronics IPO listing price is ₹147, indicating a potential listing gain of approximately 31% over the issue price.