Highness Microelectronics
Table of Contents
- 01 IPO Description
- 02 IPO Parameters
- 03 IPO Roadmap
- 04 GMP History
- 05Highness Microelectronics IPO Market Lot
- 06 Highness Microelectronics IPO Details
- 07 Highness Microelectronics IPO Reservation
- 08 Highness Microelectronics IPO Anchor Investors
- 09 Highness Microelectronics IPO Dates
- 10 Highness Microelectronics IPO Promoters & Holding Pattern
- 11 Highness Microelectronics IPO – Objects of the Issue
- 12 About Highness Microelectronics IPO
- 13 Highness Microelectronics IPO Company Financial Report
- 14 Highness Microelectronics IPO Valuation – FY2025
- 15 Peer Group Comparison
- 16 IPO Lead Managers aka Merchant Bankers
IPO DESCRIPTION
Highness Microelectronics IPO is an SME public issue of a company engaged in the manufacturing and assembly of electronic components and semiconductor-related products used in consumer electronics and industrial applications. The company focuses on delivering cost-effective and reliable microelectronic solutions across various sectors. The IPO is aimed at raising funds for capacity expansion, technology upgradation, and working capital requirements. With increasing demand for electronics and localization of semiconductor supply chains, the company is positioned in a high-growth industry. However, as a niche and competitive segment, performance may depend on technological advancements, client base expansion, and overall electronics market demand.
IPO PARAMETERS
IPO ROADMAP
Grey Market Premium HISTORY
| Date | GMP (₹) | Daily Change | Gain (%) |
|---|---|---|---|
| 25 Mar 2026 | ₹25.00 | +₹8.00 | 20.83% |
| 24 Mar 2026 | ₹17.00 | +₹3.50 | 14.17% |
| 23 Mar 2026 | ₹13.50 | - | 11.25% |
Highness Microelectronics IPO MARKET LOT
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 2,400 | ₹288,000 |
| Retail Maximum | 2 | 2,400 | ₹288,000 |
| S-HNI Minimum | 3 | 3,600 | ₹432,000 |
| S-HNI Maximum | 6 | 7,200 | ₹864,000 |
| B-HNI Minimum | 5 | 6,000 | ₹720,000 |
Highness Microelectronics IPO DETAILS
| IPO Open Date | March 24, 2026 |
|---|---|
| IPO Close Date | March 27, 2026 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹114 to ₹120 Per Share |
| Issue Size | Approx ₹22 Crores |
| Fresh Issue | Approx ₹19.84 Crores |
| Offer for Sale | Approx 1,52,400 Equity Shares |
| Issue Type | Book Build Issue |
| IPO Listing | BSE SME |
Highness Microelectronics IPO RESERVATION
| Investor Category | Shares Offered | Shares (%) |
|---|---|---|
| Anchor Investor | 5,11,200 Shares | 28.31% |
| QIB (Ex. Anchor) | 3,42,000 Shares | 18.94% |
| NII | 2,59,200 Shares | 14.35% |
| Retail | 6,02,400 Shares | 33.36% |
Highness Microelectronics IPO Anchor INVESTORS
| Anchor Bidding Date | March 23, 2026 |
|---|---|
| Shares Offered | — Shares |
| Anchor Size | ₹ — Cr. |
| Lock-in Period (50% Shares - 30 Days) | April 29, 2026 |
| Lock-in Period (50% Shares - 90 Days) | June 28, 2026 |
Highness Microelectronics IPO DATES
| IPO Open Date | March 24, 2026 |
|---|---|
| IPO Close Date | March 27, 2026 |
| Basis of Allotment | March 30, 2026 |
| Refunds | April 1, 2026 |
| Credit to Demat Account | April 1, 2026 |
| IPO Listing Date | April 2, 2026 |
| Bidding Cut-off Time | March 27, 2026 – 5 PM |
Highness Microelectronics IPO Promoters & Holding PATTERN
| Particular | Shares | % Share |
|---|---|---|
| Promoter Holding Pre Issue | 35,10,000 | 99.90% |
| Promoter Holding Post Issue | 51,63,600 | 64.96% |
| Promoters |
|---|
| Mr. Gaurav Manjul Kejriwal, Mr. Manjul Kumar Kejriwal, and Mrs. Shruti Gaurav Kejriwal |
Highness Microelectronics IPO – Objects of the ISSUE
| Purpose | Amount (₹ Cr.) |
|---|---|
| Capital Expenditure (Assembly Line Setup - Mumbai) | 5.27 |
| Working Capital Requirements | 6.71 |
| Repayment / Prepayment of Borrowings | 1.89 |
| General Corporate Purpose | — |
About Highness Microelectronics IPO
Set up in 2007, Highness Microelectronics Limited is one of the leading companies that is involved in designing, developing, assembling, and manufacturing digital imaging solutions.
The firm runs its business by offering 2 types of products: 1. Off-the-Shelf Products, which include display screens like TFT, LCD, Display Controllers, Touch screens, Cables & wiring (assemblies), and Backlight drivers, & inverters. 2. Customized solutions, which include Open-frame, Panel-mount, Industrial-grade, and Medical-grade, made as per the customer’s requirements, serving industries like Industrial Automation, Medical and Healthcare, Transportation (Trains, Metros, Automobiles), and Surveillance and Defence. With over 20 years of experience, Highness Microelectronics has established itself as an expert in digital imaging solutions.
Highness Microelectronics IPO Company Financial REPORT
| Period Ended | Revenue (₹ Cr.) | Expense (₹ Cr.) | PAT (₹ Cr.) | Assets (₹ Cr.) |
|---|---|---|---|---|
| 2023 | 9.91 | 9.27 | 0.44 | 4.78 |
| 2024 | 10.99 | 7.83 | 2.39 | 8.20 |
| 2025 | 14.17 | 10.91 | 2.52 | 14.31 |
| Dec 2025 | 14.41 | 10.16 | 3.41 | 24.03 |
Highness Microelectronics IPO Valuation – FY2025
| KPI | Values |
|---|---|
| ROE | 47.09% |
| ROCE | 42.09% |
| EBITDA Margin | 32.11% |
| PAT Margin | — |
| Debt to Equity | 0.74 |
| EPS (Basic) | ₹7.19 |
| P/E Ratio | N/A |
| RoNW | 47.09% |
| NAV | ₹18.85 |
Peer Group COMPARISON
Peer Group Comparison
- There are no listed peers of the company.
IPO Lead Managers aka Merchant BANKERS
- Fintellectual Corporate Advisors Pvt.Ltd.