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Highness Microelectronics IPO Details
Bookbuilding IPO | ₹22 Cr | Listed at BSE SME | Tue, Mar 24, 2026 - Fri, Mar 27, 2026
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 bidding opened for subscription on Mar 24, 2026 and will close 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 the BSE SME with a 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 shares. The minimum amount of investment required by an individual investor (retail) is ₹2,88,000 (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.
Fintellectual Corporate Advisors Pvt.Ltd. is the book running lead manager and Skyline Financial Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Rainbow Securities Pvt.Ltd..
Refer to Highness Microelectronics IPO RHP for detailed Information.
IPO Open
Tue, Mar 24, 2026
IPO Close
Fri, Mar 27, 2026
Price Band
₹120 per share
Market Cap (Pre-IPO)
₹61.96 Cr
IPO Details
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IPO Date24 to 27 Mar, 2026
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Listing DateThu, Apr 2, 2026
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Face Value₹10 per share
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Price Band₹114 to ₹120
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Issue Price₹120 per share
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Lot Size1,200 Shares
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Sale TypeFresh capital cum OFS
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Issue TypeBookbuilding IPO
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Listing AtBSE SME
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Total Issue Size18,06,000 shares (agg. up to ₹22 Cr)
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Reserved for Market Maker91,200 shares (agg. up to ₹1 Cr) Rainbow Securities Pvt.Ltd.
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Fresh Issue (Ex Market Maker)15,62,400 shares (agg. up to ₹19 Cr)
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Net Offered to Public17,14,800 shares (agg. up to ₹21 Cr)
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Share Holding Pre Issue35,10,000 shares
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Share Holding Post Issue51,63,600 shares
IPO Reservation
Highness Microelectronics IPO offers total 18,06,000 shares. Out of which 8,53,200 (47.24%) allocated to QIB, 2,59,200 (14.35%) allocated to NII 6,02,400 (33.36%) allocated to RII and 5,11,200 (28.31%) allocated to Anchor investors.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 8,53,200 | 49.76% | 47.24% |
| − Anchor Investor Shares Offered | 5,11,200 | 28.31% | |
| − QIB (Ex. Anchor) Shares Offered | 3,42,000 | 18.94% | |
| NII (HNI) Shares Offered | 2,59,200 | 15.12% | 14.35% |
| − bNII > ₹10L | 1,72,800 | 9.57% | |
| − sNII < ₹10L | 86,400 | 4.78% | |
| Retail Shares Offered | 6,02,400 | 35.13% | 33.36% |
| Firm Reservations | |||
| Market Maker Shares Offered | 91,200 | 5.05% | |
| Total Shares Offered | 18,06,000 | 100.00% | 100.00% |
IPO Lot Size
Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2,400 | ₹2,88,000 |
| Individual investors (Retail) (Max) | 2 | 2,400 | ₹2,88,000 |
| S-HNI (Min) | 3 | 3,600 | ₹4,32,000 |
| S-HNI (Max) | 6 | 7,200 | ₹8,64,000 |
| B-HNI (Min) | 7 | 8,400 | ₹10,08,000 |
IPO Subscription Detail
IPO Anchor Investors
Highness Microelectronics IPO raises ₹6.13 crore from anchor investors. Highness Microelectronics IPO Anchor bid date is March 23, 2026.
📝 Anchor Investors Letter (PDF)
| Bid Date | Mon, Mar 23, 2026 |
| Shares Offered | 5,11,200 |
| Anchor Portion (₹ Cr.) | 6.13 |
| Anchor lock-in period end date for 50% shares (30 Days) | Wed, Apr 29, 2026 |
| Anchor lock-in period end date for remaining shares (90 Days) | Sun, Jun 28, 2026 |
About Highness Microelectronics Ltd.
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
Company Financials (Restated)
| Period Ended | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 24.03 | 14.31 | 8.20 | 4.78 |
| Total Income | 14.41 | 14.17 | 10.99 | 9.91 |
| Profit After Tax | 3.41 | 2.52 | 2.39 | 0.44 |
| EBITDA | 5.55 | 4.52 | 5.97 | 3.13 |
| NET Worth | 10.03 | 6.62 | 4.10 | 1.71 |
| Reserves and Surplus | 6.52 | 3.11 | 4.09 | 1.70 |
| Total Borrowing | 8.20 | 4.93 | 1.38 | 1.36 |
| Amount in ₹ Crore | ||||
Key Performance Indicator (KPI)
| KPI | Dec 31, 2025 | Mar 31, 2025 |
|---|---|---|
| ROE | 40.97% | 47.09% |
| ROCE | 36.88% | 42.09% |
| Debt/Equity | 0.82 | 0.74 |
| RoNW | 40.97% | 47.09% |
| EBITDA Margin | 39.26% | 32.11% |
| Price to Book Value | 4.20 | 6.37 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 7.19 | 8.81 |
| P/E (x) | 16.7 | 13.63 |
| Promoter Holding | 99.90% | 64.96% |
| Market Cap | ₹61.96 Cr. |
- The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue
- The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2025 available in RHP.
- The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of December 31, 2025 available in RHP.
IPO Review
[Dilip Davda]
Read detail review…
Highness Microelectronics IPO Recommendations
| Review By | Subscribe | May Apply | Neutral | Avoid |
|---|---|---|---|---|
| Brokers | 0 | 0 | 0 | 1 |
| Members | 0 | 0 | 0 | 0 |
IPO Subscription Status
The Highness Microelectronics IPO is subscribed 193.91 times on March 27, 2026 6:54:43 PM (Day 3). The public issue subscribed 185.11 times in the individual investors category, 81.95 times in the QIB category, and 362.12 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (x) | Shares Offered | Shares bid for | Total Applications |
|---|---|---|---|---|
| QIB (Ex Anchor) | 81.95 | 3,42,000 | 2,80,26,000 | 0 |
| NII* | 362.12 | 2,59,200 | 9,38,60,400 | 0 |
| bNII (> ₹10L) | 437.22 | 1,72,800 | 7,55,50,800 | |
| sNII (< ₹10L) | 211.92 | 86,400 | 1,83,09,600 | |
| Individual Investor | 185.11 | 6,02,400 | 11,15,08,800 | 0 |
| Total | 193.91 | 12,03,600 | 23,33,95,200 | 60,390 |
Total Applications: 60,390
*Market Maker portion is not included to NII/HNI.
IPO Lead Manager(s)
- Fintellectual Corporate Advisors Pvt.Ltd. (Past IPO Performance)
Lead Manager Reports
- Lead Manager Performance Summary
- Lead Manager Performance Tracker
Contact Details
- 022-28507123
- cs@highnessmicro.com
- Visit Website
IPO FAQs
Highness Microelectronics IPO is a SME IPO of 18,06,000 equity shares of the face value of ₹10 aggregating up to ₹22 Crores. The issue is priced at ₹120 per share. The minimum order quantity is 1200.
The IPO opens on Tue, Mar 24, 2026, and closes on Fri, Mar 27, 2026.
Skyline Financial Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Angel One customers can apply online in Highness Microelectronics IPO using UPI as a payment gateway. Angel One customers can apply in Highness Microelectronics IPO by login into Angel One Console (back office) and submitting an IPO application form.
Steps to apply in Highness Microelectronics IPO through Angel One
- Visit the Angel One website and login to Console.
- Go to Portfolio and click the IPOs link.
- Go to the ‘Highness Microelectronics IPO’ row and click the ‘Bid’ button.
- Enter your UPI ID, Quantity, and Price.
- Submit IPO application form.
- Visit the UPI App (net banking or BHIM) to approve the mandate.
Visit Angel One IPO Application Process Review for more detail.
The Highness Microelectronics IPO opens on Tue, Mar 24, 2026 and closes on Fri, Mar 27, 2026.
Highness Microelectronics IPO lot size is 1200, and the minimum amount required for application is ₹2,88,000, with 2 lots being the minimum application size.
You can apply in Highness Microelectronics IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Angel One , Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Highness Microelectronics IPO will be done on Monday, March 30, 2026, and the allotted shares will be credited to your demat account by Wed, Apr 1, 2026. Check the Highness Microelectronics IPO allotment status.
The Highness Microelectronics IPO listing date is not yet announced. The tentative date of listing is Thu, Apr 2, 2026.
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