Highness Microelectronics IPO

Listed SME
Open Mar 24
Close Mar 27
Allotment Mar 30
Refund Apr 01
Listing Apr 02

Market Sentiment

Grey Market Premium What is GMP?
+Rs 20
+16.7%
Est. Listing: Rs 140
Updated: Mar 30, 2026 9:43 pm
View Full GMP History →
Subscription Status
QIB
81.95x
NII
268.13x
bNII (>10L)
437.74x
sNII (2-10L)
211.92x
Retail
185.10x
Total
180.32x
Updated: Mar 30, 2026 5:54 pm IST
Analysis Score 70 / 100
Data: 80%
GMP Score 65
Subscription Score 75
Financial Health 71
Score updates live as GMP/subscription change. For information only — not investment advice.

IPO Details

Issue Price₹114-120 per equity share
Face Value₹10 Per Equity Share
Lot Size 2400 shares (Min ₹2,88,000)
Total Issue Size ₹22.00 crore
Fresh Share₹19.84 crore
Offer For Sale₹2.16 crore
Issue TypeBook build Issue
Lead ManagerFintellectual Corporate Advisors Pvt.Ltd.
RegistrarSkyline Financial Services Pvt. Ltd.
Listing atBSE
BSE Code544741
ISININE1KI801019
Listing Price₹125.00
Listing Gain+4.17%

IPO Reservation

Category Shares Offered Shares %
QIB3,42,00028.41%
NII (HNI)2,59,20021.54%
bNII > ₹10L1,72,80014.36%
sNII < ₹10L86,4007.18%
Retail6,02,40050.05%
Anchor5,11,20042.47%

Market Lot Size

Category Lots 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
Budget to Lots Calculator

Financial Analysis

Financial Data
ROE
47.09%
ROCE
42.09%
Debt/Equity
0.74
NAV/Share
Rs 18.85
Revenue Growth
28.94%
Profit Margin
17.78%
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
Values in Crores (₹)
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

Strengths
  • Heavily oversubscribed — 180.3x 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%.
Risks & Concerns

No major red flags in the available data.

Auto-generated from live GMP, subscription, valuation and financial data. 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.

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
Anchor Bidding Date
March 23, 2026
Shares Offered to Anchors
5,11,200
Lock-in End (30 Days, 50%)
April 29, 2026
Lock-in End (90 Days, 50%)
June 28, 2026
Company Contact Information

Highness Microelectronics Ltd., Office 1C3, 1st Floor, Gundecha Onclave,, Kherani Road, Saki Vihar,, Andheri (East),, Mumbai, Maharashtra, 400072

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.

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.

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).

Grey market is quoting a premium of +Rs 20 (+16.7% over issue price), up Rs 14 from the previous session. Final subscription data records overall subscription at 180.32x, retail at 185.10x, QIB at 81.95x, NII at 268.13x.

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.

Our data-driven engine currently flags this issue as a Subscribe call — the composite picture tilts favourable, though not without some caveats. Past performance does not predict future returns — review the price chart and peer comparison below before trading.

Frequently Asked Questions

The price band of Highness Microelectronics IPO is Rs 114 to Rs 120 per share. Face value is Rs 10 per share.

The total issue size of Highness Microelectronics IPO is Rs 22 crore, comprising fresh issue of Rs 20 crore and offer for sale (OFS) of Rs 2 crore.

Retail investors must apply for a minimum of 1 lot of 2400 shares, requiring an investment of Rs 2,88,000.

Highness Microelectronics IPO opens for subscription on March 24, 2027 and closes on March 27, 2027. Anchor investor bidding is scheduled for March 23, 2026.

The expected allotment date for Highness Microelectronics IPO is March 30, 2026. Refunds for unsuccessful applicants are expected on April 01, 2026.

Highness Microelectronics IPO is scheduled to list on April 02, 2026 on BSE. BSE script code: 544741, ISIN: INE1KI801019.

The current GMP (Grey Market Premium) of Highness Microelectronics IPO is +Rs 20 (+16.7% over issue price). GMP is an unofficial grey market indicator and may change through the subscription window. See the GMP chart on this page for the full trend.

Highness Microelectronics IPO is currently subscribed 180.32 times overall — retail at 185.10x, QIB at 81.95x, NII at 268.13x. Live subscription data updates multiple times per day on open-issue days.

Based on the current retail subscription of 185.10x for Highness Microelectronics IPO, the estimated retail allotment probability is approximately 0.54%. This is a low probability — approximately 1 out of every 100 retail applications may receive allotment.

The registrar for Highness Microelectronics IPO is Skyline Financial Services Pvt. Ltd.. After the allotment date, you can check your allotment status on the registrar's official website by entering your PAN, application number, or demat account details. Allotment status is also available on the BSE and NSE websites.

The book running lead manager(s) for Highness Microelectronics IPO are Fintellectual Corporate Advisors Pvt.Ltd..

The promoter(s) of Highness Microelectronics are Mr. Gaurav Manjul Kejriwal, Mr. Manjul Kumar Kejriwal, and Mrs. Shruti Gaurav Kejriwal.

Highness Microelectronics IPO GMP — What It Means

The latest grey market premium for Highness Microelectronics IPO is ₹20 (+16.7%). GMP is an unofficial, dealer-quoted figure that hints at expected listing-day demand — it is not a guaranteed listing price. For Highness Microelectronics it should be read alongside the subscription numbers and the company's fundamentals, since grey-market premiums can swing sharply during the bidding window.

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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