What is the GMP of Highness Microelectronics IPO today?

The Grey Market Premium (GMP) for Highness Microelectronics IPO is currently ₹29. With an upper price band of ₹120, the estimated listing price is ₹149 per share, reflecting an expected listing gain of ~24.17%. Grey market premiums can fluctuate based on market sentiment and subscription demand.

What is the price band and lot size for Highness Microelectronics IPO?

The price band for Highness Microelectronics IPO is ₹114 to ₹120 per equity share. The minimum lot size is 1200 shares, which requires a minimum retail application investment of ₹1,44,000.

What are the important dates for Highness Microelectronics IPO?

Highness Microelectronics IPO opens for subscription on 2026-03-24T00:00:00 and closes on 2026-03-27T00:00:00. The basis of allotment is scheduled for 2026-03-30T00:00:00, and shares are expected to list on 2026-04-02T00:00:00 on BSE, NSE.

How can I check the allotment status for Highness Microelectronics IPO?

You can check Highness Microelectronics IPO allotment status on the registrar's official portal (Skyline Financial Services Pvt.Ltd.) or through the official BSE and NSE IPO allotment status pages using your PAN number or Application number.

How to apply for Highness Microelectronics IPO?

Investors can apply for Highness Microelectronics IPO online through ASBA (Application Supported by Blocked Amount) via their internet banking account, or via UPI using authorized stockbroking platforms like Zerodha, Groww, Angel One, and Upstox.

When does the Highness Microelectronics IPO open and close?

The IPO opens on 24 Mar 2026, and closes on 27 Mar 2026.

What is Highness Microelectronics IPO price band?

The issue price band is ₹114.00 to ₹120.00 per equity share.

What is the Highness Microelectronics IPO lot size?

The minimum lot size is 1200 shares per application.

What is the Highness Microelectronics IPO allotment date?

The allotment is scheduled on 30 Mar 2026.

Highness Microelectronics IPO Details - Dates, Price Band, Issue Size

All IPOs

Issue Size

22.00 Cr

Price Band

₹114.00 - ₹120.00

Lot Size

1200 Shares

Min Investment

₹2,88,000

GMP

₹29

Subscription

193.91x

₹2,800.74 Cr

24 Mar 2026

IPO Opens

COMPLETED

27 Mar 2026

IPO Closes

COMPLETED

30 Mar 2026

Basis of Allotment

COMPLETED

01 Apr 2026

Refunds

COMPLETED

01 Apr 2026

Demat Credit

COMPLETED

02 Apr 2026

Listing

COMPLETED

IPO Timeline

IPO OpensDONE

24 Mar 2026

IPO ClosesDONE

27 Mar 2026

Basis of AllotmentDONE

30 Mar 2026

RefundsDONE

01 Apr 2026

Demat CreditDONE

01 Apr 2026

ListingDONE

02 Apr 2026

About Highness Microelectronics IPO

Highness Microelectronics IPO open date is March 24, 2026 and the IPO will close on March 27, 2026. Highness Microelectronics IPO is a Book build Issue. The company to raise around ₹21.67 crores via IPO that comprises fresh issue of ₹19.84 crores and offer for sale up to 1,52,400 equity shares with face value of ₹10 each.

Highness Microelectronics IPO price band is ₹114 to ₹120 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Highness Microelectronics IPO to list on BSE SME on April 2, 2026. The allotment of Highness Microelectronics IPO date is March 30, 2026.

The company reported revenue of ₹14.17 crores in 2025 against ₹10.99 crores in 2024. The company reported profit of ₹2.52 crores in 2025 against profit of ₹2.39 crores in 2024. As per the financials the IPO investors should apply the IPO for a long term.

IPO Details

Highness Microelectronics IPO Details and Specifications
IPO Date	24 Mar 2026 to 27 Mar 2026
Face Value	₹10 Per Share
Price Band	₹114.00 - ₹120.00
Lot Size	1200 Shares
Total Issue Size	Approx 22.00 Cr 18,06,000 Equity Shares
Fresh Issue	Approx 19.84 Cr 16,53,600 Equity Shares
Offer for Sale	Approx 1.83 Cr 1,52,400 Equity Shares
Retail Portion	35.12%
Sale Type	Offer for sale
Issue Type	Bookbuilding IPO
Listing Date	02 Apr 2026
Listing At	BSE
Total Subscription Amount	₹2,800.74 Cr

Issue Reservation

Investor Category	Shares Offered	% Net Issue
QIB	8,53,200	49.76%
- Anchor	5,11,200	0.00%
- QIB (Ex. Anchor)	3,42,000	0.00%
NII	2,59,200	15.12%
- bNII > ₹10L	1,72,800	0.00%
- sNII < ₹10L	86,400	0.00%
Retail	6,02,400	35.12%
Market Maker	91,200	0.00%
Total	18,06,000	100.00%

IPO Lot Size

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

About Company

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.

Contact Details

Highness Microelectronics Ltd.

Office 1C3, 1st Floor, Gundecha Onclave,

Kherani Road, Saki Vihar,

Andheri (East),

Mumbai, Maharashtra, 400072

022-28507123

cs@highnessmicro.com

Visit Website

Registrar

Skyline Financial Services Pvt.Ltd.

02228511022

ipo@skylinerta.com

Lead Managers

Fintellectual Corporate Advisors Pvt Ltd

Day-wise GMP Trend

Date & Time	GMP (₹)	Est. Listing Price	Est. Gain (%)	Est. Profit / Lot (₹)
02-Apr-2026 12:00 PM	+₹29	₹149	+24.17%	₹34,800
01-Apr-2026 12:00 PM	+₹20	₹140	+16.67%	₹24,000
31-Mar-2026 12:00 PM	+₹21	₹141	+17.50%	₹25,200
30-Mar-2026 12:00 PM	+₹25	₹145	+20.83%	₹30,000
28-Mar-2026 12:00 PM	+₹25	₹145	+20.83%	₹30,000
27-Mar-2026 12:00 PM	+₹30	₹150	+25.00%	₹36,000
26-Mar-2026 12:00 PM	+₹30	₹150	+25.00%	₹36,000
25-Mar-2026 12:00 PM	+₹30	₹150	+25.00%	₹36,000
24-Mar-2026 12:00 PM	+₹20	₹140	+16.67%	₹24,000
23-Mar-2026 12:00 PM	+₹14	₹134	+11.67%	₹16,800
21-Mar-2026 12:00 PM	+₹7	₹127	+5.83%	₹8,400
20-Mar-2026 12:00 PM	+₹7	₹127	+5.83%	₹8,400

Subscription Status

Category	Subscription (x)	Shares Offered	Shares bid for	Total Amount (₹ Cr)
QIB (Ex. Anchor)	81.95x	3,42,000	2,80,26,000	₹336.31 Cr
NII	362.12x	2,59,200	9,38,60,400	₹1,126.32 Cr
bNII > ₹10L	437.22x	1,72,800	7,55,50,800	₹906.61 Cr
sNII < ₹10L	211.92x	86,400	1,83,09,600	₹219.72 Cr
Retail	185.11x	6,02,400	11,15,08,800	₹1,338.11 Cr
Total	193.91x	12,03,600	23,33,95,200	₹2,800.74 Cr

Objects of the Issue

01 Funding the capital expenditure towards setting up an assembly line at factory situated at R-364, TTC Industrial Area, Rabale, Mumbai-400701 : 5.27 Cr
02 Funding the working capital requirement of our Company. : 6.71 Cr
03 Repayment and/or pre-payment, in full or part, of borrowing availed by our Company. : 1.89 Cr
04 General Corporate Purpose : 2.94 Cr
05 Issue Expenses : 3.03 Cr

Company Financials

Period Ended	31 DEC 2025	31 MAR 2025	31 MAR 2024
Total Income	14.41	14.17	10.99
Profit After Tax	3.41	2.52	2.39
EBITDA	5.55	4.52	5.97
NET Worth	10.03	6.62	4.10
Reserves and Surplus	6.52	3.11	4.09
Total Borrowing	8.20	4.93	1.38

Amount in ₹ Crore

IPO Valuation - KPI

KPI	31 Mar 2025
ROCE	42.09%
Debt/Equity Ratio	0.74
Return on Net Worth (RoNW)	47.09%
EBITDA Margin	32.11%
Net Asset Value (NAV)	₹18.85
Earning Per Share (EPS)	₹7.19

Peer Comparison

Peer comparison data will be updated soon.

IPO Anchor Investors

Anchor Investors Letter (PDF)

Promoters and Holding Pattern

Mr. Gaurav Manjul Kejriwal, Mr. Manjul Kumar Kejriwal, Mrs. Shruti Gaurav Kejriwal are the company's promoters of Highness Microelectronics.

Particular	Pre IPO	Post IPO
Promoter and Promoter Group	99.90%	64.96%
Others*	0.10%	35.04%

Strengths

Diverse product portfolio across display components and digital imaging solutions.
Capability to offer both standard products and customised project-based solutions.
Presence in multiple industries, including healthcare, railways, defence, and automation.
Certifications such as ISO 9001 and ISO 13485 support quality standards.
In-house design, development, and manufacturing capabilities.

Risks

Heavy dependence on imported raw materials, especially from China.
Reliance on a limited number of key suppliers for procurement.
Significant revenue contribution from a few major customers.
Exposure to fluctuations in raw material prices and supply chain disruptions.
Vulnerability to regulatory changes and geopolitical risks affecting imports.

Frequently Asked Questions (FAQ)

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About Highness Microelectronics IPO

IPO Details

Highness Microelectronics IPO Details and Specifications
IPO Date	24 Mar 2026 to 27 Mar 2026
Face Value	₹10 Per Share
Price Band	₹114.00 - ₹120.00
Lot Size	1200 Shares
Total Issue Size	Approx 22.00 Cr 18,06,000 Equity Shares
Fresh Issue	Approx 19.84 Cr 16,53,600 Equity Shares
Offer for Sale	Approx 1.83 Cr 1,52,400 Equity Shares
Retail Portion	35.12%
Sale Type	Offer for sale
Issue Type	Bookbuilding IPO
Listing Date	02 Apr 2026
Listing At	BSE
Total Subscription Amount	₹2,800.74 Cr

Investor Category

Shares Offered

% Net Issue

QIB

8,53,200

49.76%

- Anchor

5,11,200

0.00%

- QIB (Ex. Anchor)

3,42,000

0.00%

NII

2,59,200

15.12%

- bNII > ₹10L

1,72,800

0.00%

- sNII < ₹10L

86,400

0.00%

Retail

6,02,400

35.12%

Market Maker

91,200

0.00%

Total

18,06,000

100.00%

Application

Lots

Amount

Individual investors (Retail) (Min)

2,400

₹2,88,000

Individual investors (Retail) (Max)

2,400

₹2,88,000

S-HNI (Min)

3,600

₹4,32,000

S-HNI (Max)

7,200

₹8,64,000

B-HNI (Min)

8,400

₹10,08,000

About Company

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.

Contact Details

Highness Microelectronics Ltd.

Office 1C3, 1st Floor, Gundecha Onclave,

Kherani Road, Saki Vihar,

Andheri (East),

Mumbai, Maharashtra, 400072

022-28507123

cs@highnessmicro.com

Visit Website

Date & Time

GMP (₹)

Est. Listing Price

Est. Gain (%)

Est. Profit / Lot (₹)

02-Apr-2026 12:00 PM

+₹29

₹149

+24.17%

₹34,800

01-Apr-2026 12:00 PM

+₹20

₹140

+16.67%

₹24,000

31-Mar-2026 12:00 PM

+₹21

₹141

+17.50%

₹25,200

30-Mar-2026 12:00 PM

+₹25

₹145

+20.83%

₹30,000

28-Mar-2026 12:00 PM

+₹25

₹145

+20.83%

₹30,000

27-Mar-2026 12:00 PM

+₹30

₹150

+25.00%

₹36,000

26-Mar-2026 12:00 PM

+₹30

₹150

+25.00%

₹36,000

25-Mar-2026 12:00 PM

+₹30

₹150

+25.00%

₹36,000

24-Mar-2026 12:00 PM

+₹20

₹140

+16.67%

₹24,000

23-Mar-2026 12:00 PM

+₹14

₹134

+11.67%

₹16,800

21-Mar-2026 12:00 PM

+₹7

₹127

+5.83%

₹8,400

20-Mar-2026 12:00 PM

+₹7

₹127

+5.83%

₹8,400

Highness Microelectronics IPO Details

About Highness Microelectronics IPO

IPO Details

Issue Reservation

IPO Lot Size

About Company

Day-wise GMP Trend

Objects of the Issue

Company Financials

IPO Valuation - KPI

Peer Comparison

IPO Anchor Investors

Promoters and Holding Pattern

Strengths

Risks

Frequently Asked Questions (FAQ)

When does the Highness Microelectronics IPO open and close?

What is Highness Microelectronics IPO price band?

What is the Highness Microelectronics IPO lot size?

What is the Highness Microelectronics IPO allotment date?

What is the Highness Microelectronics IPO listing date?

What is the minimum investment required in Highness Microelectronics IPO?

Join the discussion

Highness Microelectronics IPO Details

About Highness Microelectronics IPO

IPO Details

Issue Reservation

IPO Lot Size

About Company

Day-wise GMP Trend

Objects of the Issue

Company Financials

IPO Valuation - KPI

Peer Comparison

IPO Anchor Investors

Promoters and Holding Pattern

Strengths

Risks

Frequently Asked Questions (FAQ)

When does the Highness Microelectronics IPO open and close?

What is Highness Microelectronics IPO price band?

What is the Highness Microelectronics IPO lot size?

What is the Highness Microelectronics IPO allotment date?

What is the Highness Microelectronics IPO listing date?

What is the minimum investment required in Highness Microelectronics IPO?

Join the discussion