Highness Microelectronics GMP IPO Date, Review, Price, Allotment Details

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Updated: 22 Mar 2026, 12:54 PM

Highness Microelectronics IPO Summary

IPO Open Date: 24 Mar 2026

IPO Close Date: 27 Mar 2026

Price Band: ₹114 to ₹120 Per Share

Issue Size: Approx ₹22 Crores

Listing Exchange: BSE SME

Website: https://highnessmicro.com/

Highness Microelectronics IPO Overview

Highness Microelectronics IPO is a book build issue of ₹21.67 crores. The issue is a combination of fresh issue of 0.17 crore shares aggregating to ₹19.84 crores and offer for sale of 0.02 crore shares aggregating to ₹1.83 crores.

Highness Microelectronics IPO opens for subscription on Mar 24, 2026 and closes on Mar 27, 2026. The allotment for the Highness Microelectronics IPO is expected to be finalized on Mar 30, 2026. Highness Microelectronics IPO will list on BSE SME with a The tentative listing date fixed as Apr 2, 2026.

Highness Microelectronics IPO is set issue price band at ₹114 to ₹120 per share. The lot size for an application is 1,200. The minimum amount of investment required by an individual investor (retail) is ₹0.00 (2,400 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (3,600 shares), amounting to ₹4,32,000.

Highness Microelectronics IPO Details

Company Name Highness Microelectronics Ltd.
IPO Open Date 24 Mar 2026
IPO Close Date 27 Mar 2026
Face Value ₹10 Per Equity Share
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
Listing On BSE SME
Download Documents:
DRHP RHP

Highness Microelectronics IPO Market Lot

The Highness Microelectronics IPO minimum market lot is 2,400 shares with ₹2,88,000 application amount.

Category Lot Size Shares Amount
Retail Minimum 2 2,400 ₹2,88,000
Retail Maximum 2 2,400 ₹2,88,000
S-HNI Minimum 3 3,600 ₹4,32,000
S-HNI Maximum 6 7,200 ₹8,64,000
B-HNI Minimum 7 8,400 ₹10,08,000

Highness Microelectronics IPO Reservation

Investor Category Shares Offered % of Issue
Anchor Investor 5,11,200 Shares 28.31%
QIB (Ex. Anchor) 3,42,000 Shares 18.94%
NII / HNI 2,59,200 Shares 14.35%
Retail 6,02,400 Shares 33.36%

Highness Microelectronics IPO Dates & Allotment

The Highness Microelectronics IPO date is March 24 and the close date is March 27. The Highness Microelectronics IPO allotment will be finalized on March 30 and the IPO listing on April 2.

IPO Opening Date 24 Mar 2026
IPO Closing Date 27 Mar 2026
Bidding Cutoff Time 5 PM
Basis of Allotment 30 Mar 2026
Refunds Initiation 01 Apr 2026
Credit to Demat 01 Apr 2026
IPO Listing Date 02 Apr 2026

Highness Microelectronics IPO Objects of the Issue & Utilization of Proceeds

Description Amount
Funding the capital expenditure towards setting up an assembly line at factory situated at R-364, TTC Industrial Area, Rabale, Mumbai-400701 ₹5.27
Funding the working capital requirement of our Company. ₹6.71
Repayment and/or pre-payment, in full or part, of borrowing availed by our Company. ₹1.89
General Corporate Purpose ₹-

Highness Microelectronics Ltd. Financials

Period Ended Revenue Expense PAT Assets
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

Check Highness Microelectronics IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Parameter Value
Earnings Per Share (EPS) ₹7.19 (Basic)
P/E Ratio N/A
Return on Equity (ROE) 47.09%
Return on Capital Employed (ROCE) 42.09%
Return on Net Worth (RoNW) 47.09%
Net Asset Value (NAV) ₹18.85
EBITDA Margin 32.11%
PAT Margin -%
Debt to Equity Ratio 0.74

Highness Microelectronics IPO Promoters & Holding Pattern

The promoters of the company are Mr. Gaurav Manjul Kejriwal, Mr. Manjul Kumar Kejriwal, and Mrs. Shruti Gaurav Kejriwal.

Particulars Shares % Share
Promoter Holding Pre Issue 35,10,000 99.90%
Promoter Holding Post Issue 51,63,600 64.96%

Highness Microelectronics IPO Lead Managers (Merchant Bankers)

  • Fintellectual Corporate Advisors Pvt.Ltd.

About Highness Microelectronics Ltd.

Highness Microelectronics is a leading technology solutions provider specializing in professional display systems and embedded computing. With a strong focus on industrial, medical, and defense applications, they deliver customized high-performance electronics and visual interfaces. The company prides itself on innovation, quality assurance, and end-to-end technical support for global clients.

Highness Microelectronics Ltd. Address

Mumbai, Maharashtra, 400072
Phone: 022-28507123
Email: [email protected]

Highness Microelectronics IPO Registrar

Skyline Financial Services Pvt. Ltd.
Phone: 02228511022
Email: [email protected]
Website: https://www.skylinerta.com/ipo.php

Highness Microelectronics IPO FAQs

Highness Microelectronics IPO is SME IPO. The company is going to raise ₹22 Crores via IPO. The issue is priced at ₹114 to ₹120 per equity share. The IPO is to be listed on BSE.
The IPO is to open on March 24, 2026 for QIB, NII, and Retail Investors. The IPO will close on March 27, 2026.
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
You can apply for Highness Microelectronics IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
Highness Microelectronics IPO issue size is ₹22 crores.
Highness Microelectronics IPO Price Band is ₹114 to ₹120.
The minimum bid is 2,400 Shares with ₹2,88,000 amount.
Highness Microelectronics IPO allotment date is March 30, 2026.
Highness Microelectronics IPO listing date is April 2, 2026. The IPO is to list on BSE.