Highness Microelectronics IPO
Market Sentiment
Market Lot Size
IPO Details
IPO Reservation
Financial Analysis
| 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: 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% |
Company Information
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.
| 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
Highness Microelectronics Ltd., Office 1C3, 1st Floor, Gundecha Onclave,, Kherani Road, Saki Vihar,, Andheri (East),, Mumbai, Maharashtra, 400072
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.
Understanding Grey Market Premium (GMP)
The Grey Market Premium (GMP) is an unofficial indicator of how an IPO's shares are trading in the grey market before they are officially listed on a stock exchange. It reflects investor sentiment and demand for the IPO shares ahead of listing day.
How does it work? The grey market is an informal, over-the-counter market where investors buy and sell IPO shares before the official listing date. If an IPO has a positive GMP, it suggests that investors expect the stock to list above its issue price. A negative GMP indicates expectations of a listing below the issue price.
Example: If an IPO has an issue price of ₹100 and the GMP is ₹50, the expected listing price would be approximately ₹150 (issue price + GMP). This translates to an estimated listing gain of 50%.
Factors that influence GMP:
- Subscription levels — Higher subscription typically drives GMP up
- Market conditions — Bullish markets tend to boost GMP across all IPOs
- Company fundamentals — Strong financials and growth potential attract premium
- Industry sentiment — Positive outlook for the sector can increase demand
- IPO pricing — Reasonably priced IPOs relative to peers tend to command higher GMP
Disclaimer: GMP is an unofficial metric from the grey market and is not regulated by SEBI or any stock exchange. GMP values fluctuate frequently and should not be the sole basis for investment decisions. Always consider company fundamentals, financial health, and your own risk appetite before investing in any IPO.
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