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Allotment

Highness Microelectronic Limited

The Highness Microelectronics IPO is a book-built issue worth ₹21.67 crores. It comprises a fresh issue of 0.17 crore shares amounting to ₹19.84 crores and an offer for sale of 0.02 crore shares aggregating to ₹1.83 crores.

The IPO will open for subscription on March 24, 2026, and close on March 27, 2026. The allotment is expected to be finalized on March 30, 2026. The shares are proposed to be listed on the BSE SME platform, with a tentative listing date of April 2, 2026.

The price band for the issue has been set at ₹114 to ₹120 per share. The lot size is 1,200 shares. Retail investors are required to apply for a minimum of 2 lots (2,400 shares), amounting to ₹2,88,000 at the upper price band. For HNI investors, the minimum application size is 3 lots (3,600 shares), totaling ₹4,32,000.

Fintellectual Corporate Advisors Pvt. Ltd. is the book-running lead manager to the issue, while Skyline Financial Services Pvt. Ltd. serves as the registrar. Rainbow Securities Pvt. Ltd. is acting as the market maker.

Highness Microelectronic Limited IPO & Charts
₹120

0%

Open

₹120

HIgh - Low

₹120

Previous Close

₹120

Total Traded Value

0

52 Weeks High

₹120

52 Weeks Low

₹120

Updates On

March 19, 2026

IPO. Open

Mar 24, 2026

IPO. Close

Mar 27, 2026

IPO. Price

₹120.00

IPO Market price

₹61.96 Cr

IPO Details

IPO Date 2 Apr
IPO Listing Date 2 Apr
IPO Face Value ₹10.00 per share
IPO Price Range ₹120.00
IPO Issue Size 18,06,000 shares
IPO Sale Type Fresh capital cum OFS
Employee Discount -
IPO Issue Type Bookbuilding IPO
IPO Listing BSE SME Platform
Share Holding Pre Issue 35,10,000 shares

IPO Timeline

IPO Open Date 24 Mar
IPO Close Date 27 Mar
IPO Allotment (Tentative) 30 Mar
Refunds 1 Apr
Credit to Demat Account 1 Apr
IPO Listing Date 2 Apr

IPO Reservation

Category Offer
QIB Shares Offered 8,53,200 Shares
NII (HNI) Shares Offered 2,59,200 Shares
Retail Shares Offered 6,02,400 Shares

IPO Lot Size

Investors must bid for at least 2,400 shares, and additional bids must be made in multiples of 1,200 shares.

Application Lots Share 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

Incorporated in 2007, Highness Microelectronics Limited is an ISO 9001:2015 and ISO 13485:2016 certified company engaged in the design, development, assembly, and manufacturing of digital imaging solutions.

The company offers two primary categories of products:

1. Off-the-Shelf Products:
These include flat panel displays such as TFT and LCD modules, display controllers, electroluminescent and vacuum fluorescent displays, touch screens, cable assemblies and harnesses, backlight drivers and inverters, and display enhancement solutions.

Display enhancement solutions offered by the company include features such as high brightness for outdoor and sunlight visibility, wide temperature tolerance for harsh environments, EMI shielding for critical operations, NVIS (night vision) compatibility, optical bonding for improved clarity, and vandal-proof cover glass with anti-glare, anti-reflection, and anti-smudge properties.

2. Market-Specific Solutions / Projects:
The company provides customized display monitors in formats such as open-frame, panel-mount, industrial-grade, and medical-grade. These solutions cater to various industries, including industrial automation, medical and healthcare, transportation (trains, metros, and automobiles), as well as surveillance and defence.

Competitive Strengths:

  • Strong focus on quality standards as an ISO-certified organization
  • Expertise in customization
  • Established and long-term customer relationships
  • Capability to deliver weather-resistant display solutions
-

Company Financials (Consolidated)

Assets 24.03 14.31 8.2
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 4.1
Reserves and Surplus 6.52 3.11 4.09
Total Borrowing 8.2 4.93 1.38

Key Performance Indicator (KPI)

ROE 40.97%
ROCE 36.88%
Debt/Equity 0.82
RoNW 40.97%
PAT Margin -
EBITDA Margin 39.26%
Price to book value 4.2
IPO Objective

IPO Objects of the Issue

S.No. Objects of the ipo Resources Detail IPO Amount
1 Funding capital expenditure requirements for the purchase of equipment/machineries 5.27
2 To meet out the expenses of Working Capital Requirement 6.71
3 To meet out the General Corporate Purposes; -
4 Offer for Sale (OFS) -

Contact Details

Highness Microelectronics Ltd. Address
Office 1C3, 1st Floor, Gundecha Onclave,
Kherani Road, Saki Vihar,
Andheri (East),
Mumbai, Maharashtra, 400072
022-28507123
cs@highnessmicro.com

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Detail Registrar

IPO Registrar
Skyline Financial Services Pvt.Ltd.

02228511022
ipo@skylinerta.com
https://www.skylinerta.com/ipo.php

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