The Highness Microelectronics IPO was subscribed 193.91 times on the last day: the retail quota 185.11 times, the QIB quota 81.95 times, and the NII quota 362.12 times, respectively.
Highness Microelectronics IPO Listing Details
| Listing Date | April 2nd, 2026 |
| BSE Code | 544741 |
| ISIN Code | INE1KI801019 |
| Offer Price | ₹114 to ₹120 |
| Face Value | ₹10 |
| Listing Price | ₹125 |
Details about Highness Microelectronics IPO
Highness Microelectronics has received approval from SEBI for an IPO of ₹21.67 crores, in which the firm will raise ₹48.49 crores via a fresh issue of ₹19.84 crores and offer for sale up to 1,52,400 equity shares with a face value of ₹10 each.
Moreover, the company has set up a price band between ₹114 to ₹120 per share.
In this IPO, a total of 2,400 shares were available in 2 lot sizes for the minimum Retail category and maximum Retail category.
S-HNI (Min) has a total of 3,600 shares in 3 lot sizes. S-HNI (Max) has a total of 7,200 shares in 6 lot sizes. B-HNI (Min) has a total of 8,400 shares in 7 lot sizes.
To invest in this IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum & Maximum investment of ₹2,88,000.
- S-HNI (Minimum): Minimum investment of ₹4,32,000.
- S-HNI (Max): Maximum investment of ₹8,64,000.
- B-HNI (Min): Minimum investment of ₹10,08,000.
Subscription duration of the Highness Microelectronics IPO
The opening date of the Highness Microelectronics IPO subscription was March 24, 2026, and the closing date was March 27, 2026. The Highness Microelectronics IPO allotment was finalised on March 30, 2026, and the IPO listing is on April 2, 2026.
Funds Deployment of This Company
- Funding the capital expenditure towards setting up an assembly line at factory situated at R-364, TTC Industrial Area, Rabale, Mumbai-400701.
- Funding the working capital requirement of our Company.
- Repayment and/or pre-payment, in full or part, of borrowing availed by our Company.
- General Corporate Purpose.
About the Highness Microelectronics IPO
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.
