Highness Microelectronics IPO
Market Sentiment
IPO Details
Day-wise Subscription (times subscribed)
| Category | Day 1 | Day 2 | Final | Final | Final | Final |
|---|---|---|---|---|---|---|
| QIB | 0.01x | 0.04x | 81.95x | 81.95x | 81.95x | 81.95x |
| NII | 1.67x | 8.97x | 268.13x | 268.13x | 268.13x | 362.47x |
| bNII > ₹10L | 2.60x | 14.45x | 437.74x | 437.74x | 437.74x | 437.74x |
| sNII 2-10L | 1.58x | 7.47x | 211.92x | 211.92x | 211.92x | 211.92x |
| Retail | 1.73x | 12.25x | 185.11x | 185.11x | 185.11x | 185.10x |
| Total | 1.26x | 8.13x | 180.33x | 180.33x | 180.33x | 193.99x |
Market Lot Size
IPO Reservation
Financial Analysis
Financial Data
Financial Performance
| Metric | 2023 | 2024 | 2025 | Dec 2025 |
|---|---|---|---|---|
| Revenue | 9.91 | 10.99 | 14.17 | 14.41 |
| Expense | 9.27 | 7.83 | 10.91 | 10.16 |
| Profit (PAT) | 0.44 | 2.39 | 2.52 | 3.41 |
| Total Assets | 4.78 | 8.20 | 14.31 | 24.03 |
Promoters & Holding Pattern
Promoters: Mr. Gaurav Manjul Kejriwal, Mr. Manjul Kumar Kejriwal, and Mrs. Shruti Gaurav Kejriwal
| Shareholding | No. of Shares | Holding % |
|---|---|---|
| Promoter Holding Pre Issue | 35,10,000 | 99.90% |
| Promoter Holding Post Issue | 51,63,600 | 64.96% |
Strengths & Risks
- Heavily oversubscribed — 194.0x overall (final).
- Strong institutional (QIB) demand — 82.0x.
- Revenue grew 29% in the latest reported year.
- Solid profit margin — 17.8%.
- Strong return on equity — 47%.
- Lists on the exchange's SME platform, where trading is usually thinner than on the main board — selling at your price can be harder.
Compiled from this issue's live GMP, subscription, valuation and financial data, and updated as those figures change. Informational only — not investment advice. Always read the RHP before applying.
Company Information
About Highness Microelectronics
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.
Company Contact Information
Highness Microelectronics Ltd., Office 1C3, 1st Floor, Gundecha Onclave,, Kherani Road, Saki Vihar,, Andheri (East),, Mumbai, Maharashtra, 400072
Objects of the Issue
| Purpose | Amount (Cr) |
|---|---|
| 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 | - |
Resources & Documents
Anchor Investors
Highness Microelectronics IPO - Quick Take
Highness Microelectronics has set a price band of Rs 114–Rs 120 per share for an issue size of Rs 22 crore. The stock listed with a 4.17% gain versus its issue price on April 02, 2026.
The issue is promoted by Mr. Gaurav Manjul Kejriwal, Mr. Manjul Kumar Kejriwal, and Mrs. Shruti Gaurav Kejriwal with Fintellectual Corporate Advisors Pvt.Ltd. acting as lead manager. Net proceeds will primarily be used towards funding the capital expenditure towards setting up an assembly line at factory situated at R-364, TTC Industrial Area, R… (Rs 5 crore) and funding the working capital requirement of our Company (Rs 7 crore).
On fundamentals, the company is posting revenue growth of 28.9%, a profit margin of 17.8%, return on equity of 47.1% in its most recent reported period.
On our data-signal score, the combined signals for this issue currently read strong — the composite picture tilts positive, though not without some caveats. This is a summary of public data, not a recommendation to apply or skip. Past performance does not predict future returns — review the price chart and peer comparison below before trading.
Frequently Asked Questions
Highness Microelectronics IPO GMP — What It Means
GMP stops mattering once the shares trade — it only ever estimated the listing price. The summary at the top of this page compares the last pre-listing GMP with how the shares actually listed. Its last GMP before listing was 16.7%. Of the 26 SME IPOs we have tracked with a final GMP between 10% and 25%, 21 listed above, 3 flat and 2 below the issue price; Highness Microelectronics listed 4.2% above its issue price.
See the full Highness Microelectronics GMP history and trend, or learn how grey market premium works and how reliable it is.
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