Highness Microelectronics Limited
Bookbuilding IPO · BSE
- Price band
- ₹114 - ₹120
- Lot size
- 1,200 shares
- Issue amount
- ₹21.67 cr
- Total subscription
- 193.99×
- Opens
- 24 Mar 2026
- Closes
- 27 Mar 2026
- Allotment
- 30 Mar 2026
- Listing
- 2 Apr 2026
Offer at a glance
Issue overview
- Issue size
- 18,06,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,36,800
- Fresh issue
- ₹19.84 cr
- Offer for sale
- ₹1.83 cr
- Registrar
- Skyline Financial Services Private Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,44,000
- Issue type
- Bookbuilding IPO
- Shares before issue
- 35,10,000
- Shares after issue
- 51,63,600
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 2 | 2,400 | ₹2,88,000 |
| sHNI | 3 | 3,600 | ₹4,32,000 |
| bHNI | 7 | 8,400 | ₹10,08,000 |
Share reservation
Subscription & GMP
Subscription by category
Reported 27 Mar 2026
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| QIB | 0 | 51 |
| NIB | 0 | 13,679 |
| RETAIL | 251 | 46,462 |
| HNIs(10L +) | 48 | 8,758 |
| HNIs (2-10L) | 24 | 4,921 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 4.1 | 336.31 |
| FIIs | 0 | 15.08 |
| Others | 0 | 321.13 |
| RETAIL | 7.23 | 1,338.11 |
| HNIs 2+ | 1.04 | 219.72 |
| HNIs 10+ | 2.07 | 907.7 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Dec-25 | Mar-25 | Mar-24 |
|---|---|---|---|
| EPS | 9.72 | 7.19 | 6.8 |
| ROE | 40.97 | 47.09 | 82.3 |
| ROCE | 36.88 | 42.09 | 75.02 |
| RONW | 0 | 0 | 0 |
| PRE IPO(PE) | 0 | 16.7 | 0 |
| POST IPO(PE) | 13.63 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Incorporated in 2007, Highness Microelectronics Limited is an ISO 9001:2015 and ISO 13485:2016 certified company that specializes in designing, developing, assembling, and manufacturing digital imaging solutions for various industries. The company offers a wide range of off-the-shelf products such as TFT and LCD modules, display controllers, electroluminescent and vacuum fluorescent displays, touch screens, cable assemblies, backlight drivers, and display enhancement solutions that improve brightness, durability, and visibility in different environments. It also provides customized, market-specific display solutions including open-frame, panel-mount, industrial-grade, and medical-grade monitors, catering to sectors like industrial automation, healthcare, transportation, surveillance, and defence.
Strengths
- Strong Quality Standards: ISO certifications enhance credibility, especially in regulated sectors like healthcare and industrial applications.
- Customization Expertise: Ability to design tailored display solutions provides a competitive edge and improves client retention.
- Established Customer Relationships: Long-term associations support repeat business and operational stability.
Risk factors
- Dependence on Niche Demand: Linked to sectors like industrial automation, defence, and healthcare, making demand sensitive to capex cycles.
- Technology & Innovation Dependency: Continuous upgrades are required to stay competitive; any lag may impact market position.
- Customer Concentration Risk: Reliance on a few key customers may affect revenue stability if orders decline.
Promoters
Mr. Gaurav Manjul Kejriwal
Mr. Manjul Kumar Kejriwal
Mrs. Shruti Gaurav Kejriwal
Registrar & documents
Lead manager
Fintellectual Corporate Advisors Private Limited
Registrar & contacts
Skyline Financial Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Office 1C3, 1st Floor, Gundecha Onclave, Kherani Road, Saki Vihar, Andheri (East), Mumbai, Maharashtra, 400072
022-28507123
[email protected]Company website ↗Understanding HIGHNESS IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.