Highness Microelectronics IPO Details

SME BSE

Highness Microelectronics IPO Summary

Highness Microelectronics IPO DRHP (Draft Red Herring Prospectus) has been Exchange Approval Received.

Highness Microelectronics IPO total issue size comprises 18,06,000 shares (aggregating up to ₹0.00 Cr.). This includes a fresh issue of 16,53,600 shares (aggregating up to ₹0.00 Cr.). Offer for Sale consists of 1,52,400 shares (aggregating up to ₹0.00 Cr.). Pre-issue shareholding stands at 35,10,000, which will increase to 51,63,600 post-issue.

Highness Microelectronics IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.

The Lead Managers for Highness Microelectronics IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Fintellectual Corporate Advisors Pvt Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For detailed information, Refer to the Highness Microelectronics Limited DRHP.

Highness Microelectronics IPO Details

Open Date

Close Date

Listing Date

Issue Price

₹0 - ₹0

Face Value

₹10 per share

Lot Size

0 Shares

GMP

₹0

Issue Type

IPO

Listing On

BSE

Type

Book Built Issue

Pre-issue Shareholding

35,10,000 shares

Post-issue Shareholding

51,63,600 shares

Total Issue Size

18,06,000 shares(aggregating up to ₹0.00 Cr.)

Fresh Issue

16,53,600 shares(aggregating up to ₹0.00 Cr.)

Offer for Sale

1,52,400 shares(aggregating up to ₹0.00 Cr.)

DRHP Status

Exchange Approval Received

Highness Microelectronics IPO Lot Size

Application	Lots	Shares	Amount
To be announced

Highness Microelectronics IPO Reservation

Promoter Holding

Pre Issue:

Post Issue:

Documents

DRHP

Highness Microelectronics IPO DRHP

Highness Microelectronics IPO Valuations

ROE46.61%

ROCE42.46%

DEBT/EQUITY0.75

RONW46.61%

Highness Microelectronics Financial Information

To be announced

About Highness Microelectronics IPO

Incorporated in 2007, Highness Microelectronics Limited is an ISO 9001:2015 and ISO 13485:2016 certified company that designs, develops, assembles, and manufactures digital imaging solutions. The company offers two main types of products:

1. Off-the-Shelf Products: These includes Flat Panel Displays like TFT and LCD modules , Display Controllers. Electroluminescent and Vacuum Fluorescent Displays, Touch Screens, Cable Assemblies and Harnesses, Backlight Drivers & Inverters, Display Enhancement Solutions.

Display Enhancement Solutions includes high brightness for outdoor and sunlight, wide temperature range for harsh environments, EMI shielding for critical operations. NVIS (Night Vision) compatibility, Optical bonding for better clarity, Vandal-proofing and cover glass for anti-glare, anti-reflection, and anti-smudge protection

2. Market-Specific Solutions / Projects: It offers customized display monitors in formats like Open-frame, Panel-mount, Industrial-grade, and Medical-grade used across industries like Industrial Automation, Medical and Healthcare, Transportation (Trains, Metros, Automobiles), and Surveillance and Defence.

Competitive Strengths:

Quality Standards and ISO certified organization
Customization Expertise
Strong relationship with customers
Weather-Resistant Display Solutions

Strength Of Highness Microelectronics IPO

To be announced

Risk Of Highness Microelectronics IPO

To be announced

Objectives Highness Microelectronics IPO

1. Funding the capital expenditure towards setting up an assembly line at factory situated at R-364, TTC Industrial Area, Rabale, Mumbai-400701.

2. Funding the working capital requirement of our Company

3. Repayment and/or pre-payment, in full or part, of borrowing availed by our Company

4. General Corporate Purposes

Company 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/

Registrar Contact Details

Name:

Skyline Financial Services Pvt Ltd

Phone:

+91-22-28511022

Email:

ipo@skylinerta.com

Website:

https://www.skylinerta.com/ipo.php

Lead Mangers

Market Maker

To be announced

Highness Microelectronics FAQs

The Highness Microelectronics IPO is a SME public issue comprising 1806000 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹0.00 Cr.. The issue price has been fixed at ₹0 per equity share, and the minimum application size is 0 shares.

The IPO opens for subscription on TBA, and closes on TBA.

Skyline Financial Services Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the BSE

The Highness Microelectronics IPO opens on TBA.

Highness Microelectronics IPO lot size is 0, and the minimum amount required for application is ₹0.

You may apply for the Highness Microelectronics IPO online by using either the UPI or ASBA payment method. The ASBA facility is available through the net banking platform of your respective bank. The UPI-based IPO application option is typically provided by brokers that do not offer banking services. For detailed guidance on the online IPO application process, please refer to the procedures outlined by Zerodha, Groww, Upstox, 5Paisa, Paytm Money, Fyers, Alice Blue, Nuvama, HDFC Bank, ICICI Direct, Kotak Securities, Axis Direct, and SBI Bank.

The Basis of Allotment for the Highness Microelectronics IPO is scheduled to be finalized on TBA. Subsequently, the shares allotted will be credited to investors’ demat accounts by TBA. Investors are advised to regularly check the Highness Microelectronics IPO allotment status for updates.

The listing date for the Highness Microelectronics IPO has not yet been officially announced. However, the tentative listing date is scheduled for TBA.

Highness Microelectronics IPO Grey Market Premium (GMP) refers to the unofficial price at which the company’s IPO shares are traded in the grey market prior to their listing on the stock exchange. The GMP serves as an indicator of investor demand, expected listing gains, and the overall market sentiment toward the IPO.

As of now, the current GMP stands at TBA.