Highness Microelectronics IPO
GMP, Subscription, Price, Dates & Financial Details
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…
Open Date
Tue, 24 Mar 2026
Close Date
Fri, 27 Mar 2026
Price Band
₹ 114 – 120
Lot Size
1200
Issue Size
₹ 21.67 Cr
Minimum Investment
₹ 288,000 (2400 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Highness Microelectronics IPO has successfully completed its IPO process and is now listed on BSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹21.67 Crore, comprising a fresh issue of 16.54 Lakh equity shares aggregating to ₹19.84 Crore and an offer for sale (OFS) of 1.52 Lakh equity shares aggregating to ₹1.83 Crore by the existing shareholders.
The Highness Microelectronics IPO remained open for subscription from March 24, 2026, to March 27, 2026. The basis of allotment was finalized on March 30, 2026, and the company's shares were listed on BSE SME Platform on April 02, 2026.
The company had fixed the price band at ₹114 to ₹120 per share, with a lot size of 1200 shares. Retail investors were required to make a minimum investment of ₹288,000 (based on the upper price band) to apply for one lot.
Skyline Financial Services Private Ltd served as the registrar to the issue. Fintellectual Corporate Advisors Private Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Highness Microelectronics Limited is now a publicly listed company on BSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Highness Microelectronics IPO Timeline (Tentative)
- IPO Open Date
- Tue, 24 Mar 26
- IPO Close Date
- Fri, 27 Mar 26
- Basis of Allotment
- Mon, 30 Mar 26
- Initiation of Refunds
- Wed, 01 Apr 26
- Credit of Shares to Demat
- Wed, 01 Apr 26
- Listing Date
- Thu, 02 Apr 26 — NSE & BSE
Open Date
24 March 2026
Close Date
27 March 2026
Basis Of Allotment
30 March 2026
Listing Date
02 April 2026
IPO Subscription
Check Live Subscription →The Highness Microelectronics IPO has received bids for 32,74,38,000 shares against 14,62,800 shares offered, resulting in an overall subscription of 223.84x. the NII category is subscribed 362.47x, Retail Investors 185.11x, and QIBs 81.95x. Within the NII category, BNII is subscribed 437.74x, while SNII is subscribed 211.92x.
QIB
81.95x
NII
362.47x
BNII
437.74x
SNII
211.92x
RII
185.11x
Total
223.84x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 6,02,400 shares, representing 50.05% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 3,42,000 shares (28.41%), while Non-Institutional Investors (NIIs) receive 2,59,200 shares (21.54%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 342,000 | 28.41% |
| Non-Institutional | 259,200 | 21.54% |
| BNII | 172,800 | 14.36% |
| SNII | 86,400 | 7.18% |
| Retail Investors | 602,400 | 50.05% |
| Total | 1,203,600 | 100% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Highness Microelectronics Limited KPI Information
| 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 |
Peers Comparison
No Peer Comparision Available
About Highness Microelectronics Limited
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
Highness Microelectronics IPO 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%
Highness Microelectronics IPO Objective
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
Highness Microelectronics Limited Address / Contact Details
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
Highness Microelectronics IPO Lot Size
The Highness Microelectronics IPO has a lot size of 1,200 shares. Retail investors require a minimum investment of ₹2,88,000 by applying for 2 lot (2,400 shares). The maximum application allowed for the retail category is 2 lots (2,400 shares), requiring an investment of ₹2,88,000.
| 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 |
Issue Reservation
- QIB — 28.41%
- NII — 21.54%
- RII — 50.05%
Highness Microelectronics IPO Registrar
Skyline Financial Services Private Ltd
Check Allotment StatusBook Running Lead Managers
- Fintellectual Corporate Advisors Private Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Highness Microelectronics IPO?
Highness Microelectronics IPO is a Book-building IPO with a total issue size of ₹21.67 crore. The Highness Microelectronics IPO price band is ₹114 to 120 per share. The Highness Microelectronics IPO subscription opens on Tue, Mar 24, 2026, and closes on Fri, Mar 27, 2026. The Highness Microelectronics IPO will be listed on the BSE. Skyline Financial Services Private Ltd is the registrar for the Highness Microelectronics IPO.
When will the Highness Microelectronics IPO open for subscription?
The Highness Microelectronics IPO opens on Tue, Mar 24, 2026 and closes on Fri, Mar 27, 2026
What is Highness Microelectronics IPO Price Band?
Highness Microelectronics IPO Price Band is ₹114 to 120 per share.
What is Highness Microelectronics IPO Lot Size?
Highness Microelectronics IPO lot size is 1200 shares, Retail investors need a minimum investment of ₹288000 based on the upper price band
What is the minimum investment for Highness Microelectronics IPO?
The minimum investment for Highness Microelectronics IPO is ₹288000, based on one lot of 1200 shares at the upper price band of ₹120 per share.
How to apply for Highness Microelectronics IPO?
Investors can apply for the Highness Microelectronics IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Fri, Mar 27, 2026. The application amount remains blocked until the Highness Microelectronics IPO allotment is finalized.
What is Highness Microelectronics IPO Issue Size?
Highness Microelectronics IPO issue size is ₹21.67 crores.
What is the Highness Microelectronics IPO Allotment Date?
Highness Microelectronics IPO allotment date is Mon, Mar 30, 2026.
Who is the Highness Microelectronics IPO Registrar?
The registrar for Highness Microelectronics IPO is Skyline Financial Services Private Ltd. Investors can go to Skyline Financial Services Private Ltd website to check Highness Microelectronics IPO allotment status, refund processing, and other IPO-related information.
What is the Highness Microelectronics IPO GMP?
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 22.50% over the issue price.
Who is the Highness Microelectronics IPO Lead Manager?
The book-running lead managers (BRLMs) for the Highness Microelectronics IPO are Fintellectual Corporate Advisors Private Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Highness Microelectronics IPO Red Herring Prospectus (RHP).