Highness Microelectronics IPO Details

SME BSE

Highness Microelectronics IPO Summary

Highness Microelectronics Logo | Highness Microelectronics IPO Details, Date, Price, GMP, Live Subscription

Highness Microelectronics IPO opens for subscription on 24 Mar 2026 and closes on 27 Mar 2026.The IPO will be listed on BSE with the tentative listing date set for 02 Apr 2026.

Highness Microelectronics IPO price band has been fixed at ₹114 – ₹120 per share. The face value is ₹10 per share with a lot size of 1200.

Highness Microelectronics IPO total issue size comprises 18,06,000 shares (aggregating up to ₹21.67 Cr). This includes a fresh issue of 16,53,600 shares (aggregating up to ₹19.84 Cr). Offer for Sale consists of 1,52,400 shares (aggregating up to ₹1.83 Cr). Pre-issue shareholding stands at 35,10,000, which will increase to 51,63,600 post-issue.

Highness Microelectronics IPO carries a ₹27 (22.5%) GMP, reflecting investor sentiment.

Highness Microelectronics IPO Lot Size :Individual Minimum is 2 lots (2,400 shares) amounting to ₹288,000. Individual Maximum is 2 lots (2,400 shares) amounting to ₹288,000. SHNI Minimum is 3 lots (3,600 shares) amounting to ₹432,000. SHNI Maximum is 6 lots (7,200 shares) amounting to ₹864,000. BHNI Minimum is 7 lots (8,400 shares) amounting to ₹1,008,000.

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 SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Rainbow Securities Pvt Ltd. You can analyze their track record by checking the Market Maker Performance Summary report.

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

Highness Microelectronics IPO Details

Listing Price : ₹125 at a Premium of 4.17%
Open Date
24 Mar 2026
Close Date
27 Mar 2026
Listing Date
02 Apr 2026
Issue Price
₹114 - ₹120
Face Value
₹10 per share
Lot Size
1200 Shares
GMP
₹27(22.5%)
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 ₹21.67 Cr)
Fresh Issue
16,53,600 shares(aggregating up to ₹19.84 Cr)
Offer for Sale
1,52,400 shares(aggregating up to ₹1.83 Cr)

Highness Microelectronics IPO Subscription

Highness Microelectronics IPO Application Wise Breakup

Highness Microelectronics IPO Dates

  • 24 Mar 2026
    Opening dateOpen
  • 27 Mar 2026
    Closing dateClose
  • 30 Mar 2026
    Allotment Date Allotment
  • 01 Apr 2026
    Initiation of RefundsRefund
  • 01 Apr 2026
    Credit of SharesCredit
  • 02 Apr 2026
    Listing dateListing

Highness Microelectronics IPO Lot Size

ApplicationLotsSharesAmount
Individual Minimum22400₹288,000
Individual Maximum22400₹288,000
SHNI Minimum33600₹432,000
SHNI Maximum67200₹864,000
BHNI Minimum78400₹1,008,000

Highness Microelectronics IPO Reservation

Promoter Holding

Pre Issue:
99.90%
Post Issue:
64.96%
Promoter Names:
Mr. Gaurav Manjul Kejriwal, Mr. Manjul Kumar Kejriwal, , Mrs. Shruti Gaurav Kejriwal

Highness Microelectronics IPO Valuations

ROE40.97%
ROCE36.88%
Debt/Equity0.82
RoNW40.97%
EBITDA Margin39.26%
Price to Book Value4.20
EPS(₹) (Pre IPO)7.19
EPS(₹) (Post IPO)8.81
P/E (x) (Pre IPO)16.7
P/E (x) (Post IPO)13.63

Highness Microelectronics Financial Information

Period Ended31 Dec 202531 Mar 202531 Mar 202431 Mar 2023
Assets24.0314.318.204.78
Total Income14.4114.1710.999.91
Profit After Tax3.412.522.390.44
EBITDA5.554.525.973.13
NET Worth10.036.624.101.71
Reserves and Surplus6.523.114.091.70
Total Borrowing8.204.931.381.36
Amount in ₹ Crore

About Highness Microelectronics IPO

Highness Microelectronics Limited, incorporated in 2007, is an ISO 9001:2015 and ISO 13485:2016 certified company engaged in the design, development, assembly, and manufacturing of digital imaging and display solutions. The company caters to a wide range of industries by offering both standardized and customized display technologies.

The company’s product offerings are broadly categorized into two segments: Off-the-Shelf Products and Market-Specific Solutions / Projects.

Off-the-Shelf Products: The company offers a diverse range of standard display and electronic components, including flat panel displays such as TFT and LCD modules, display controllers, electroluminescent displays, vacuum fluorescent displays, touch screens, cable assemblies and harnesses, as well as backlight drivers and inverters.

Additionally, the company provides advanced display enhancement solutions such as high-brightness displays suitable for outdoor and sunlight conditions, wide temperature range displays for harsh environments, EMI shielding for critical applications, NVIS (Night Vision Imaging System) compatibility, optical bonding for improved clarity, and vandal-proof display solutions with anti-glare, anti-reflection, and anti-smudge coatings.

Market-Specific Solutions / Projects: Highness Microelectronics offers customized display monitor solutions tailored to specific industry requirements. These include open-frame, panel-mount, industrial-grade, and medical-grade displays used across sectors such as industrial automation, medical and healthcare, transportation (including trains, metros, and automobiles), as well as surveillance and defence.

The company focuses on delivering reliable, high-performance display solutions by integrating advanced technology with application-specific customization to meet diverse customer requirements.

Strength Of Highness Microelectronics IPO

  • Quality Assurance and Quality Control of our products.
  • Experienced and Qualified Management and Employee base.
  • Strong, cordial & long-term relationship with our clients.
  • Tailored/ Customised solutions to Customers as per their requirements.
  • Wide range of product portfolio.

Risk Of Highness Microelectronics IPO

  • The company's manufacturing activity is dependent on the availability and cost of raw materials. Any shortage in supply, fluctuations in raw material prices, restrictions on imports, or an increase in shipment costs may adversely affect its business operations, financial condition, results of operations, and cash flows.
  • The company relies on limited suppliers for its products, loss of these suppliers may have an adverse effect on the company's business, results of operations and financial conditions.
  • The company sources its majority of the raw materials from international market i.e. China. Any adverse developments affecting the company's procurement in this region could have an adverse impact on its revenue and results of operations
  • The company is dependent on certain customers and the loss of any of these customers or cancellation by customers or a delay or reduction in their orders could have a material adverse effect on its business, results of operations and financial condition.
  • The company's business has experienced employee attrition over the past three financial years, which may impact operational continuity and increase recruitment and training costs. High turnover could also affect the retention of key talent and expertise critical to the company's growth and performance.
  • Certain portion of its imports and exports are denominated in foreign currencies; the company does not hedge its foreign exchange exposure; adverse currency fluctuations may materially impact the company's profitability and liquidity.
  • The company's business is dependent on its manufacturing unit and the company is subject to certain related risks; Unplanned slowdowns, unscheduled shutdowns or prolonged disruptions in the company's manufacturing operations could have an adverse effect on its business, results of operations, cash flows and financial condition.
  • The Company has undergone frequent changes in statutory auditors in the past, and there can be no assurance that such changes will not occur in the future.
  • The Company has reported certain negative cash flows from its operating activity, investing activity and financing activity during the preceding years. Negative cash flows in the future could adversely affect its results of the company's operations and financial condition.
  • The company does not own the registered office and factory from which the company carries out and will be carrying out the company's business activities. In case of non-renewal of lease agreements or dispute in relation to use of the said premise/s, the company's business and results of operations can be adversely affected.

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

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 ₹21.67 Cr. The issue price has been fixed at ₹120 per equity share, and the minimum application size is 1200 shares.

The IPO opens for subscription on 24 Mar 2026, and closes on 27 Mar 2026.

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 24 Mar 2026.

Highness Microelectronics IPO lot size is 1200, and the minimum amount required for application is ₹144000.

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 30 Mar 2026. Subsequently, the shares allotted will be credited to investors’ demat accounts by 01 Apr 2026. 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 02 Apr 2026.

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 ₹27 (22.5%).

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