Listed SME IPO HIGHNESSMICROELECTRONICS

Highness Microelectronics IPO GMP, Subscription & Allotment Status Today

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.

Price Band
₹114.00 - ₹120.00
Lot Size
1,200 Shares
Bidding Closes
27 Mar 2026
Listing Date
02 Apr 2026
Will you apply for this IPO?
Is this GMP accurate?
IPO Details

Complete IPO information

Current GMP ₹5
Estimated Listing Gain +4.17%
Price Band ₹114.00 - ₹120.00
Issue Price Approx ₹120.00 Crores
Listing Price ₹125.00
Lot Size 1,200 Shares
Issue Type SME
Registrar TBA
Exchange NSE, BSE
Retail Quota TBA
Overall Subscription 8.67x
Listing Date 02 Apr 2026
Minimum Investment ₹2,88,000
Head-to-head

Compare Highness Microelectronics IPO with similar IPOs

Compare Highness Microelectronics with any other IPO

Analysis

IPO Snapshot & Investor Takeaways

At the upper end of its price band, Highness Microelectronics is priced at ₹120 per share. With a minimum lot size of 1,200 shares, a retail investor applying for one lot would need approximately ₹2,88,000 to participate in this SME issue.

The latest recorded Grey Market Premium for Highness Microelectronics stands at ₹5, implying an estimated listing gain of around 4.17% over the issue price if it holds until listing. This is down ₹8 from its previously recorded level. GMP reflects informal grey-market sentiment rather than a guaranteed outcome, and can change at any point until the day of listing.

As of the latest update, Highness Microelectronics's IPO was subscribed 8.67x overall, with a category-wise breakdown of Retail 12.25x, QIB 0.04x.

SME IPOs list on the dedicated SME platform of BSE/NSE. They usually involve smaller issue sizes and a higher per-lot investment than Mainboard issues, with comparatively lower institutional participation.

Timeline

IPO roadmap at a glance

✓
Bidding Opens 24 Mar 2026
✓
Bidding Closes 27 Mar 2026
✓
Allotment TBA
✓
Listing 02 Apr 2026
Grey Market Premium

Daily GMP status

Date GMP Change Gain
30 Mar 2026 ₹22.00 -₹8.00 18.33%
26 Mar 2026 ₹30.00 +₹5.00 25.00%
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%
Swipe to see more →
Market Lot

Application size breakdown

Category Lots Shares Amount
Retail Minimum 2 Lot 2,400 ₹2,88,000
Retail Maximum 2 Lot 2,400 ₹2,88,000
S-HNI Minimum 3 Lot 3,600 ₹4,32,000
S-HNI Maximum 6 Lot 7,200 ₹8,64,000
B-HNI Minimum 5 Lot 6,000 ₹7,20,000
Swipe to see more →
Fund Utilization

Objects of the Issue & Official Documents

Analysis

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
Analysis

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%
Analysis

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
Analysis

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
Analysis

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
Analysis

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 —
Analysis

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.

Analysis

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
Analysis

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
Analysis

Peer Group Comparison

Peer Group Comparison

  • There are no listed peers of the company.
Analysis

IPO Lead Managers aka Merchant Bankers

  • Fintellectual Corporate Advisors Pvt.Ltd. 
FAQ

Highness Microelectronics IPO FAQs

Highness Microelectronics IPO GMP today is Rs 5. Investors can use this GMP along with price band and subscription status for a better IPO review.
Highness Microelectronics IPO price band is Rs 114.00 to Rs 120.00. Check the latest issue price, lot size and GMP together before applying.
Highness Microelectronics IPO open date is 24 Mar 2026, close date is 27 Mar 2026, and listing date is 02 Apr 2026.
Highness Microelectronics IPO lot size is 1,200 shares. The minimum retail investment is Rs 2,88,000.
Highness Microelectronics is classified as a SME IPO. This helps investors quickly understand the issue category and exchange segment.
Highness Microelectronics IPO subscription status currently shows Retail 12.25x, QIB 0.04x, Overall 8.67x.
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.
Community discussion

Comments

Share a useful question or insight about Highness Microelectronics.

Loading comments...

Leave a comment

Your email address will not be published. All comments and replies are reviewed before appearing.

Related Topics
Highness Microelectronics IPOHighness Microelectronics GMPHighness Microelectronics IPO GMPHighness Microelectronics IPO GMP todayHighness Microelectronics grey market premiumHighness Microelectronics price bandHighness Microelectronics subscription statusHighness Microelectronics allotment statusHighness Microelectronics listing dateHighness Microelectronics lot sizeHighness Microelectronics IPO reviewHighness Microelectronics IPO listing gain estimateHighness Microelectronics GMP calculatorHighness Microelectronics IPO 2026