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Home >> IPO >> Highness Microelectronics IPO: GMP, Price, Analysis, And Details

Highness Microelectronics IPO: GMP, Price, Analysis, And Details

  


Highness Microelectronics IPO- Company Analysis 

Highness Microelectronics IPO under the SME IPO category is a bookbuild issue of Rs. 21.67 Cr by Highness Microelectronics Limited and creates, develops, assembles, and produces digital imaging products. 

The business sells two primary categories of goods:

1. Off-the-shelf Products: These comprise Display Controllers and Flat Panel Displays such as TFT and LCD modules. Backlight drivers and inverters, cable assemblies and harnesses, touch screens, electroluminescent and vacuum fluorescent displays, and display enhancement solutions.

High brightness for outside and sunshine, a broad temperature range for challenging conditions, and EMI shielding for crucial operations are examples of display enhancement solutions. Compatibility with NVIS (Night Vision), optical bonding to improve clarity, vandal-proofing, and cover glass to prevent smudging, glare, and reflection

2. Market-Specific Solutions and Projects: It provides specialised display monitors in formats such as Open-frame, Panel-mount, Industrial-grade, and Medical-grade that are utilised in a variety of industries, including Transportation (Trains, Metros, Automobiles), Medical and Healthcare, Industrial Automation, Surveillance, and Defence. 

 

 

Highness Microelectronics IPO Details

The Highness Microelectronics IPO date of opening is 24 Mar 2026, its initial public offering will end on 27 Mar, IPO allotment on Mar 30 and refund initiation on Apr 01, 2026.

The Rs. 21.67 crore new SME IPO comprises a fresh issue of 0.17 crore shares (Rs. 19.84 crores) and offer for sale of 0.02 crore shares (Rs. 1.83 crores).

The Highness Microelectronics IPO listing date (expected) might be on Thursday, Apr 02, 2026, and listing at the BSE and SME. 

The Highness Microelectronics IPO price band is Rs. 114 to Rs. 120.

IPO Timetable (Tentative)

Events 

Date

IPO Opening Date

Mar 24, 2026

IPO Closing Date

Mar 27, 2026

IPO Allotment Date 

Mar 30, 2026

Refund Initiation 

Apr 01, 2026

IPO Listing Date

Apr 02, 2026

 

Click to open demat account and apply for the IPO.

Company Financials 

(Amount in Cr)

Particulars

31 Mar 2025

31 Mar 2024

31 Mar 2023

Assets

14.31

8.20

4.78

Total Income

14.17

10.99

9.91

Profit After Tax

2.52

2.39

0.44

EBITDA

4.52

5.97

3.13

Net Worth

6.62

4.10

1.71

Reserves and Surplus

3.11

4.09

1.70

Total Borrowing

4.93

1.38

1.36

 

Cash Flows

(Amount in lac)

Net Cash Flow 

31 Mar 2025

31 Mar 2024

31 Mar 2023

Net Cash Flow Operating Activities

-14,254.03

31,958.43

41,865.89

Net Cash Flow Investing Activities

-18,456.53

-28,067.11

-36,567.05

Net Cash Flow Financing Activities

31,221.29

-1,656.59

-6,550.48

 

Revenue Bifurcation

(Rs. in Lac)

(Source: RHP)

The Objective of the Issue

The company desires to use the Net Proceeds from the Issue to fulfill its following goals:

  • Funding the capital expenditure towards setting up an assembly line at a factory situated at R-364, TTC Industrial Area, Rabale, Mumbai-400701. ~ Rs. 5.27 Cr.
  • Funding the working capital requirement of our Company. ~ Rs. 6.71 Cr.
  • Repayment and/or pre-payment, in full or part, of borrowing availed by our Company. ~ Rs. 1.89 Cr.
  • General Corporate Purposes. 

Listed Peers of Highness Microelectronics Ltd. 

There are no listed companies in India that are engaged in a business similar to that of the Company.

Valuation

KPI

Value

ROE

47.09%

ROCE

42.09%

Debt/Equity

0.74

RoNW

47.09%

EBITDA Margin

32.11%

Price to Book Value

6.37

 

Evaluation of P/E Ratio

Considering the period ended on FY 2025 with an EPS of Rs. 7.19 from the last year, the resulting P/E ratio is 16.68x.

Explore the Striders Impex IPO.

IPO's Strengths

  • Strong client relationships and ISO certification, 
  • Quality standards
  • Expertise in customization
  • Weather-resistant display solutions.

 

 

IPO's Weaknesses

  • Modifications to governmental regulations
  • The incentives' delayed realization.
  • Cheaper, lower-quality Chinese goods are finding their way into Indian marketplaces.

Highness Microelectronics IPO GMP (Grey Market Premium)

Highness Microelectronics IPO GMP today is Rs. 7, as of 20 Mar 2026 while writing this information. With the price band of 120, the estimated listing price is ₹127. The expected percentage gain/loss per share is 5.83%.

Highness Microelectronics IPO Summary

IPO Opening & Closing Date 

24 Mar, 2026 to 27 Mar, 2026

Face Value 

Rs. 10 per Share

Issue Price

Rs. 114 to Rs. 120 per Share.

Lot Size

1200 Shares

Issue Size

18,06,000 Shares (Rs. 22 Cr)

Offer for Sale 

152400 Shares (Rs. 2 Cr)

Fresh Issue 

1562400 Shares (Rs. 19 Cr)

Listing at

BSE, SME

Issue Type 

Bookbuild issue IPO

Registrar 

Skyline Financial Services Pvt. Ltd.

 

IPO Lot Details

Retail investors can invest in a minimum and maximum of 2 Lots (2400 Shares) for Rs. 2,88,000, and in multiples thereof, while HNI investors can invest in a minimum of 3 Lots (3600 Shares) for Rs. 4,32,000.

Minimum Lot Investment (Retail) 

2 Lots

Maximum Lot Investment (Retail) 

2 Lots

HNI (Min)

3 Lots

 

Highness Microelectronics IPO Allotment Status

To check the Highness Microelectronics IPO Allotment Status, visit the official Registrar’s website or BSE website. Below are the website links for you.

Using BSE Website - BSE IPO allotment status

Promoters And Management of Highness Microelectronics Ltd.

  • Mr. Gaurav Manjul Kejriwal
  • Mr. Manjul Kumar Kejriwal
  • Mrs. Shruti Gaurav Kejriwal 

Pre-Issue Promoter Shareholding

99.90%

Post-Issue Promoter Shareholding

64.96%

IPO Lead Managers

  • Fintellectual Corporate Advisors Pvt. Ltd. 

Dividend Policy

The company has not paid a dividend during the last three financial years.

 

 

Conclusion

With robust profitability measures and great return ratios, Highness Microelectronics IPO offers a unique opportunity in the expanding digital display and embedded electronics market. Long-term growth potential is increased by the company's emphasis on specialized, sector-specific solutions in the automation, healthcare, and defense sectors. However, before making an investment choice, investors should carefully consider risks including legislative changes and pressure from competitors.

Finowings IPO Analysis

Hope you enjoyed the Finowings IPO Analysis. We tried our best to give every required detail about the company that you should know before applying to the IPO.

You must consult your financial advisor before making any financial decisions.

To Apply for the IPO, Click Here.

To Read the Prospectus of the Company, Click Here to Download the DRHP.

Click Here To Stay Updated With The Upcoming IPOs.

DISCLAIMER: This blog is NOT any buy or sell recommendation. No investment or trading advice is given. The content is purely for educational and information purposes only. Always consult your eligible financial advisor for investment-related decisions.



Author


Frequently Asked Questions

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Mar 24, 2026.
+
On Apr 02, 2026, this IPO can be listed
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To apply for the Highness Microelectronics IPO, you need to have a demat account. If not, click to open demat account, then log in to the app and search for IPO, fill in the necessary details, bids, DOB, etc, during the IPO open date and submit your request.
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To check the allotment status of any IPO, follow the simple guide below- Go to the Registrar's website (e.g. KFintech, Link Intime, Bigshare). For your reference, the websites of these Registrars are provided below- Link Intime IPO allotment status Kfintech IPO allotment status​ From the menu, choose the IPO name. Enter your DP/Client ID, Application No., or PAN. Click "Search" or "Submit" to see the status of your allocation.
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Mar 30, 2026.


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