Highness Microelectronics
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Mar 24 to Mar 27 2026
Price Band
₹114 - 120
Current GMP
₹125(4.17%)
Subscription
193.91 times
IPO Details
| IPO Date | 24 to 27 Mar, 2026 |
| Listed on | Thu, Apr 2, 2026 |
| Face Value | ₹ 10 per share |
| Price Band | ₹114 to ₹120 |
| Issue Price | ₹120 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 18,06,000 shares (agg. up to ₹ 22 Cr) |
| Reserved for Market Maker | 91,200 shares (agg. up to ₹ 1 Cr) Rainbow Securities Pvt.Ltd. |
| Fresh Issue (Ex Market Maker) | 15,62,400 shares (agg. up to ₹ 19 Cr) |
| Offer for Sale | 1,52,400 shares of ₹ 10 (agg. up to ₹ 2 Cr) |
| Net Offered to Public | 17,14,800 shares (agg. up to ₹ 21 Cr) |
| Share Holding Pre Issue | 35,10,000 shares |
| Share Holding Post Issue | 51,63,600 shares |
| BSE Script Code | 544741 |
| ISIN | INE1KI801019 |
IPO Date
24 to 27 Mar, 2026
Listed on
Thu, Apr 2, 2026
Face Value
₹ 10 per share
Price Band
₹114 to ₹120
Issue Price
₹120 per share
Lot Size
1,200 Shares
Sale Type
Fresh capital cum OFS
Issue Type
Bookbuilding IPO
Listing At
BSE SME
Total Issue Size
18,06,000 shares (agg. up to ₹ 22 Cr)
Reserved for Market Maker
91,200 shares (agg. up to ₹ 1 Cr) Rainbow Securities Pvt.Ltd.
Fresh Issue (Ex Market Maker)
15,62,400 shares (agg. up to ₹ 19 Cr)
Offer for Sale
1,52,400 shares of ₹ 10 (agg. up to ₹ 2 Cr)
Net Offered to Public
17,14,800 shares (agg. up to ₹ 21 Cr)
Share Holding Pre Issue
35,10,000 shares
Share Holding Post Issue
51,63,600 shares
BSE Script Code
544741
ISIN
INE1KI801019
IPO Subscription Details
| Anchor | 1 |
| Market Maker | 1 |
| QIB (Ex Anchor) | 81.95 |
| NII*** | 362.12 |
| bNII (> ₹10L) | 437.22 |
| sNII (< ₹10L) | 211.92 |
| Individual Investors | 185.10 |
| Total ** | 193.91 |
Anchor
1
Market Maker
1
QIB (Ex Anchor)
81.95
NII***
362.12
bNII (> ₹10L)
437.22
sNII (< ₹10L)
211.92
Individual Investors
185.10
Total **
193.91
Day Wise Sub
| Day | QIB (Ex Anchor) | NII* | NII (> ₹10L) | NII (< ₹10L) | Individual Investors | Total |
|---|---|---|---|---|---|---|
| Mar 2 4 (Day 1) | 0.01 | 2.26 | 2.60 | 1.58 | 1.73 | 1.35 |
| Mar 2 5 (Day 2) | 0.04 | 11.77 | 13.92 | 7.47 | 12.25 | 8.67 |
| Mar 2 7 (Day 3) | 81.95 | 362.12 | 437.22 | 211.92 | 185.10 | 193.91 |
DayMar 2
4 (Day 1)
QIB (Ex Anchor)0.01
NII*2.26
NII (> ₹10L)2.60
NII (< ₹10L)1.58
Individual Investors1.73
Total1.35
DayMar 2
5 (Day 2)
QIB (Ex Anchor)0.04
NII*11.77
NII (> ₹10L)13.92
NII (< ₹10L)7.47
Individual Investors12.25
Total8.67
DayMar 2
7 (Day 3)
QIB (Ex Anchor)81.95
NII*362.12
NII (> ₹10L)437.22
NII (< ₹10L)211.92
Individual Investors185.10
Total193.91
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 02-04-2026 | 120.00 | 27(22.50%) | 147 |
| 01-04-2026 | 120.00 | 27(22.50%) | 147 |
| 31-03-2026 | 120.00 | 20(16.67%) | 140 |
| 30-03-2026 | 120.00 | 21(17.50%) | 141 |
| 29-03-2026 | 120.00 | 25(20.83%) | 145 |
| 28-03-2026 | 120.00 | 25(20.83%) | 145 |
| 27-03-2026 | 120.00 | 25(20.83%) | 145 |
| 26-03-2026 | 120.00 | 30(25.00%) | 150 |
| 25-03-2026 | 120.00 | 29(24.17%) | 149 |
| 24-03-2026 | 120.00 | 30(25.00%) | 150 |
| 23-03-2026 | 120.00 | 20(16.67%) | 140 |
| 22-03-2026 | 120.00 | 13(10.83%) | 133 |
| 21-03-2026 | 120.00 | 13(10.83%) | 133 |
| 20-03-2026 | 120.00 | 7(5.83%) | 127 |
| 19-03-2026 | 120.00 | 4(3.33%) | 124 |
Date02-04-2026
Price120.00
GMP27(22.50%)
Estimate List Price147
Date01-04-2026
Price120.00
GMP27(22.50%)
Estimate List Price147
Date31-03-2026
Price120.00
GMP20(16.67%)
Estimate List Price140
Date30-03-2026
Price120.00
GMP21(17.50%)
Estimate List Price141
Date29-03-2026
Price120.00
GMP25(20.83%)
Estimate List Price145
Date28-03-2026
Price120.00
GMP25(20.83%)
Estimate List Price145
Date27-03-2026
Price120.00
GMP25(20.83%)
Estimate List Price145
Date26-03-2026
Price120.00
GMP30(25.00%)
Estimate List Price150
Date25-03-2026
Price120.00
GMP29(24.17%)
Estimate List Price149
Date24-03-2026
Price120.00
GMP30(25.00%)
Estimate List Price150
Date23-03-2026
Price120.00
GMP20(16.67%)
Estimate List Price140
Date22-03-2026
Price120.00
GMP13(10.83%)
Estimate List Price133
Date21-03-2026
Price120.00
GMP13(10.83%)
Estimate List Price133
Date20-03-2026
Price120.00
GMP7(5.83%)
Estimate List Price127
Date19-03-2026
Price120.00
GMP4(3.33%)
Estimate List Price124
IPO Important Dates
| IPO Open | Tue, Mar 24, 2026 |
| IPO Close | Fri, Mar 27, 2026 |
| Allotment | Mon, Mar 30, 2026 |
| Refund | Wed, Apr 1, 2026 |
| Credit of Shares | Wed, Apr 1, 2026 |
| Listing | Thu, Apr 2, 2026 |
IPO Open
Tue, Mar 24, 2026
IPO Close
Fri, Mar 27, 2026
Allotment
Mon, Mar 30, 2026
Refund
Wed, Apr 1, 2026
Credit of Shares
Wed, Apr 1, 2026
Listing
Thu, Apr 2, 2026
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 |
ApplicationIndividual investors (Retail) (Min)
Lots2
Shares2,400
Amount₹2,88,000
ApplicationIndividual investors (Retail) (Max)
Lots2
Shares2,400
Amount₹2,88,000
ApplicationS-HNI (Min)
Lots3
Shares3,600
Amount₹4,32,000
ApplicationS-HNI (Max)
Lots6
Shares7,200
Amount₹8,64,000
ApplicationB-HNI (Min)
Lots7
Shares8,400
Amount₹10,08,000
Key Performance Indicator
| ROE | 40.97% |
| ROCE | 36.88% |
| Debt/Equity | 0.82 |
| RoNW | 40.97% |
| EBITDA Margin | 39.26% |
| Price to Book Value | 4.20 |
ROE
40.97%
ROCE
36.88%
Debt/Equity
0.82
RoNW
40.97%
EBITDA Margin
39.26%
Price to Book Value
4.20
IPO Reservation
| QIB Shares Offered | 8,53,200 |
| − Anchor Investor Shares Offered | 5,11,200 |
| − QIB (Ex. Anchor) Shares Offered | 3,42,000 |
| NII (HNI) Shares Offered | 2,59,200 |
| − bNII > ₹10L | 1,72,800 |
| − sNII < ₹10L | 86,400 |
| Retail Shares Offered | 6,02,400 |
| Firm Reservations | |
| Market Maker Shares Offered | 91,200 |
| Total Shares Offered | 18,06,000 |
QIB Shares Offered
8,53,200
− Anchor Investor Shares Offered
5,11,200
− QIB (Ex. Anchor) Shares Offered
3,42,000
NII (HNI) Shares Offered
2,59,200
− bNII > ₹10L
1,72,800
− sNII < ₹10L
86,400
Retail Shares Offered
6,02,400
Firm Reservations
Market Maker Shares Offered
91,200
Total Shares Offered
18,06,000
Information about company
Incorporated in 2007, Highness Microelectronics Limited is an ISO 9001:2015 and ISO 13485:2016 certified company that designs, develops, assembles, and manufactures digital imaging solutions. The company offers two main types of products:
1. Off-the-Shelf Products: These includes Flat Panel Displays like TFT and LCD modules , Display Controllers. Electroluminescent and Vacuum Fluorescent Displays, Touch Screens, Cable Assemblies and Harnesses, Backlight Drivers & Inverters, Display Enhancement Solutions.
Display Enhancement Solutions includes high brightness for outdoor and sunlight, wide temperature range for harsh environments, EMI shielding for critical operations. NVIS (Night Vision) compatibility, Optical bonding for better clarity, Vandal-proofing and cover glass for anti-glare, anti-reflection, and anti-smudge protection
2. Market-Specific Solutions / Projects: It offers customized display monitors in formats like Open-frame, Panel-mount, Industrial-grade, and Medical-grade used across industries like Industrial Automation, Medical and Healthcare, Transportation (Trains, Metros, Automobiles), and Surveillance and Defence.
Competitive Strengths:
Objectives of IPO
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Funding the capital expenditure towards setting up an assembly line at factory situated at R-364, TTC Industrial Area, Rabale, Mumbai-400701 5.27 2 Funding the working capital requirement of our Company. 6.71 3 Repayment and/or pre-payment, in full or part, of borrowing availed by our Company. 1.89 4 General Corporate Purposes 2.94 Total 16.81
Disclaimer
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