HIGHNESS
Highness Microelectronics IPO, a SME IPO has closed for subscription. The price band is set between ₹114 –120 , with a face value of ₹10 . Retail investors can apply with a minimum of 2 lots, each comprising 1,200 shares — amounting to ₹288,000 at the upper price. The listing date on the exchange (BSE) is April 2, 2026.
Highness Microelectronics IPO SME Important Dates
Get important updates regarding Highness Microelectronics IPO SME tentative timeline covering IPO opening, closing, basis of allotment, refunds, demat credit, and listing dates. Dates are updated as soon as they are announced.
Open Date
Mar 24
Close Date
Mar 27
Allotment
Mar 30
Listing
Apr 02
Issue Size
1,806,000 shares
(aggregating up to ₹22.00 Cr)
Issue Price
₹114 – ₹120
Face Value
₹10/share
Market Lot
1,200 shares
Retail Min Investment
₹288,000
Listing At
BSE
Sale Type
both
Fresh Issue
1,562,400 shares
(aggregating up to ₹19 Cr)
Offer for Sale
152,400 shares
(aggregating up to ₹2 Cr)
Reserved for Market Maker
91,200 shares
(aggregating up to ₹1.00 Cr)
Issue Type
book building
Last updated: 17 hours ago
| Date | IPO Issue Price (₹) | GMP (₹) | Est. Listing Price (₹) | Est. Profit Amount (₹) | Est. Profit % | Last Updated |
|---|---|---|---|---|---|---|
| 31 Mar 2026 Latest | ₹120 | ₹24 | ₹144 | ₹24 |
20%
|
1:28 PM |
| 30 Mar 2026 | ₹120 | ₹21 | ₹141 | ₹21 |
17.5%
|
2:39 PM |
| 29 Mar 2026 | ₹120 | ₹25 | ₹145 | ₹25 |
20.83%
|
3:52 PM |
| 28 Mar 2026 | ₹120 | ₹25 | ₹145 | ₹25 |
20.83%
|
1:20 PM |
| 27 Mar 2026 | ₹120 | ₹25 | ₹145 | ₹25 |
20.83%
|
12:02 PM |
| 26 Mar 2026 | ₹120 | ₹30 | ₹150 | ₹30 |
25%
|
12:12 PM |
| 25 Mar 2026 | ₹120 | ₹29 | ₹149 | ₹29 |
24.17%
|
2:28 PM |
| 24 Mar 2026 | ₹120 | ₹30 | ₹150 | ₹30 |
25%
|
1:01 PM |
| 23 Mar 2026 | ₹120 | ₹20 | ₹140 | ₹20 |
16.67%
|
5:06 PM |
| 22 Mar 2026 | ₹120 | ₹13 | ₹133 | ₹13 |
10.83%
|
2:42 PM |
| 21 Mar 2026 | ₹120 | ₹13 | ₹133 | ₹13 |
10.83%
|
3:50 PM |
| 20 Mar 2026 | ₹120 | ₹7 | ₹127 | ₹7 |
5.83%
|
5:44 PM |
| 19 Mar 2026 | ₹120 | ₹4 | ₹124 | ₹4 |
3.33%
|
2:50 PM |
Latest snapshot: Mar 27, 2026
| Category | Subscribed (x) | No. of Applications |
|---|---|---|
| QIB | 81.95x | — |
| NII | 362.12x | — |
| bNII (bids above ₹10L) | 437.22x | — |
| sNII (bids below ₹10L) | 211.92x | — |
| Retail Investors | 185.1x | — |
| Total | 193.91x | — |
Mr. Gaurav Manjul Kejriwal, Mr. Manjul Kumar Kejriwal, and Mrs. Shruti Gaurav Kejriwal are the promoters of the company.
IPO investment limits, also referred to as application limits or bidding limits, define the minimum and maximum number of shares, lots, and investment amount that investors can apply for in an IPO based on their category (Retail, HNI, or Institutional). These limits are calculated as per SEBI guidelines and help ensure fair distribution of shares. Retail investors typically have lower minimum and maximum limits compared to High Net Worth Individuals (HNI) and Non-Institutional Investors (NII). Understanding IPO application limits is essential for investors to determine how much they can invest, calculate the number of lots they can apply for, and plan their investment strategy accordingly. The investment limits table shows the lot size, number of shares, and total amount in rupees for each investor category.
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | ₹288,000 |
| Retail (Max) | 1 | 1,200 | ₹144,000 |
| S-HNI (Min) | 3 | 3,600 | ₹432,000 |
| S-HNI (Max) | 6 | 7,200 | ₹864,000 |
| B-HNI (Min) | 7 | 8,400 | ₹1,008,000 |
The IPO reservation structure, also known as share allocation breakdown, details how the total issue size is distributed among different investor categories as mandated by SEBI (Securities and Exchange Board of India) regulations. This reservation table shows the exact percentage and number of shares allocated to Qualified Institutional Buyers (QIB), Retail Individual Investors (RII), High Net Worth Individuals (HNI), Non-Institutional Investors (NII), and other reserved categories like employees and shareholders. Understanding IPO reservation percentages is crucial for investors to evaluate their probability of share allotment, as each category has different subscription levels and competition. The maximum allottees column indicates the cap on the number of investors who can receive shares in each category, helping you assess the likelihood of getting an allotment based on your investor category.
| Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 91,200 (5.05%) |
| QIB Shares Offered | 853,200 (47.25%) |
|
•
Anchor Investor Shares Offered
|
511,200 (28.31%) |
|
•
QIB (Ex. Anchor) Shares Offered
|
342,000 (18.94%) |
| NII (HNI) Shares Offered | 259,200 (14.35%) |
|
•
bNII > ₹10L
|
172,800 (9.57%) |
|
•
sNII < ₹10L
|
86,400 (4.78%) |
| Retail Shares Offered | 602,400 (33.35%) |
| Total Shares Offered | 1,806,000 (100.00%) |
Highness Microelectronics Limited is a specialized digital imaging solutions provider. The company focuses on designing and assembling high-end monitors and display products tailored for critical sectors like medical, industrial, and defense. They specialize in upgrading legacy systems with modern display technology and providing ruggedized solutions for harsh environments.
Strengths:
Growth:
Standalone · ₹ in Crores
| Particulars | FY 2023 | FY 2024 | FY 2025 Latest |
|---|---|---|---|
| Total Revenue | 9.91 | 10.99 |
14.17
↑ 28.9%
|
| Profit After Tax (PAT) | 0.44 | 2.39 |
2.52
↑ 5.4%
|
| EBITDA | 3.13 | 5.97 |
4.52
↓ 24.3%
|
| Total Assets | 4.78 | 8.2 |
14.31
↑ 74.5%
|
| Net Worth | 1.71 | 4.1 |
6.62
↑ 61.5%
|
| Reserves & Surplus | 1.7 | 4.09 |
3.11
↓ 24.0%
|
| Total Borrowing | 1.36 | 1.36 |
4.93
↑ 262.5%
|
Revenue & Profit Trend
The Highness Microelectronics IPO is expected to open in March, 2026, subject to SEBI approval. Final dates will be updated once announced officially.
The price band for Highness Microelectronics IPO is ₹114.00 - ₹120.00 per share.
As per market sources, Highness Microelectronics IPO GMP is currently ₹24.00. GMP is tracked daily in the grey market. GMP indicates unofficial demand but does not guarantee listing gains.
The subscription status for Highness Microelectronics IPO stands at 193.91x overall.
The listing date for Highness Microelectronics IPO is April 2, 2026.
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