Subscription Status · Mar 24 – Mar 27, 2026 · ₹114–120
The Highness Microelectronics IPO subscription has recorded exceptional investor demand with an overall subscription of 193.91× as of Mar 27, 2026, indicating that investors applied for 193.91 times the number of shares on offer. All investor categories (institutional, HNI, and retail) have participated actively, making this one of the closely watched IPO openings.
Last updated: Mar 27, 2026, 6:02 PM IST
| Category | Shares Offered | Shares Bid For | Times Subscribed | Applications |
|---|---|---|---|---|
|
QIB
Qualified Institutional Buyers
|
342,000 | 28,026,000 |
81.95×
|
- |
|
NII
Non-Institutional Investors
|
259,200 | 93,860,400 |
362.12×
|
- |
|
bNII
Bids above ₹10L
|
172,800 | 75,550,800 |
437.22×
|
- |
|
sNII
Bids below ₹10L
|
86,400 | 18,309,600 |
211.92×
|
- |
|
Retail
Retail Individual Investors
|
602,400 | 111,506,400 |
185.10×
|
- |
|
Total
|
1,203,600 | 233,392,800 |
193.91×
|
- |
How subscription built up across investor categories over time
Snapshot of each day's bidding activity
| Category | Offered | Bid For | Times | Applications |
|---|---|---|---|---|
| QIB | 342,000 | 3,600 | 0.01× | - |
| NII | 259,200 | 585,600 | 2.26× | - |
| bNII | 172,800 | 448,800 | 2.60× | - |
| sNII | 86,400 | 136,800 | 1.58× | - |
| Retail | 602,400 | 1,039,200 | 1.73× | - |
| Total | 1,203,600 | 1,628,400 | 1.35× | - |
| Category | Offered | Bid For | Times | Applications |
|---|---|---|---|---|
| QIB | 342,000 | 12,000 | 0.04× | - |
| NII | 259,200 | 3,051,600 | 11.77× | - |
| bNII | 172,800 | 2,406,000 | 13.92× | - |
| sNII | 86,400 | 645,600 | 7.47× | - |
| Retail | 602,400 | 7,377,600 | 12.25× | - |
| Total | 1,203,600 | 10,441,200 | 8.67× | - |
| Category | Offered | Bid For | Times | Applications |
|---|---|---|---|---|
| QIB | 342,000 | 28,026,000 | 81.95× | - |
| NII | 259,200 | 93,860,400 | 362.12× | - |
| bNII | 172,800 | 75,550,800 | 437.22× | - |
| sNII | 86,400 | 18,309,600 | 211.92× | - |
| Retail | 602,400 | 111,506,400 | 185.10× | - |
| Total | 1,203,600 | 233,392,800 | 193.91× | - |
As of March 27, 2026, the Highness Microelectronics IPO has been subscribed 193.91 times overall. The IPO is fully subscribed with strong investor demand indicating extremely high interest.
The Highness Microelectronics IPO subscription window was open from March 24, 2026 to March 27, 2026. Investors could apply through their demat account or ASBA facility.
The Highness Microelectronics IPO has a price band of ₹114 to ₹120 per share, with a lot size of 1,200 shares. Minimum retail investment: ₹136,800 (lower band) or ₹144,000 (upper band).
The QIB category has been subscribed 81.95 times. QIBs were offered 342,000 shares. Strong QIB subscription indicates high institutional confidence.
Retail investors subscribed 185.10 times. Retail was offered 602,400 shares. High retail subscription reflects strong small-investor interest.
Overall NII: 362.12×. bNII (>₹10L): 437.22×, sNII (<₹10L): 211.92×. NII includes HNIs and corporate entities investing above ₹2 lakh.
Basis of allotment is on March 30, 2026. Check via the registrar's website, Skyline Financial Services Pvt.Ltd. using your PAN number, application number, or DP/Client ID. You can also check on BSE/NSE websites or through your broker's app.
Highness Microelectronics IPO is expected to list on April 02, 2026. Shares will list on BSE SME platform. Allotted shares are credited to your demat account 1 business day before listing.
A subscription multiple of 193.91× means investors have bid for 193.91 times the total shares available. Since the IPO is oversubscribed, not every applicant will receive shares, allotment happens via lottery (for retail) or proportionately (for other categories). Higher multiples generally reduce allotment probability.
Based on the current retail subscription of 185.10×, the estimated allotment probability for retail investors is Very Low. Only 1 lot likely via lottery if selected. Retail allotment in oversubscribed IPOs is done by computerised lottery, each valid application has an equal probability regardless of the number of lots applied for.
You can apply for Highness Microelectronics IPO through: (1) ASBA (Application Supported by Blocked Amount) via your bank's net banking or mobile app, (2) UPI-based application through your broker's app (Zerodha, Groww, Angel One, etc.), or (3) directly via your demat account. The amount is blocked in your account and deducted only upon allotment. Applications were accepted from Mar 24 to Mar 27, 2026.
The grey market premium (GMP) reflects unofficial pre-listing trading sentiment. For the latest Highness Microelectronics IPO GMP data, check the IPORise GMP page. Note: GMP is unofficial, speculative, and not a guaranteed indicator of listing price. Use it only as a sentiment signal alongside official subscription data.
New to reading subscription numbers? Read our guide on IPO subscription explained.
Subscription Opens Done
Mar 24, 2026Subscription Closes Done
Mar 27, 2026Basis of Allotment Done
Mar 30, 2026Listing on BSE Done
Apr 02, 2026Only 1 lot likely via lottery if selected. Based on retail subscription of 185.10×.
Retail allotment in oversubscribed IPOs is done by computerised lottery, each valid application has equal odds regardless of lot size applied.
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Higher subscription = lower allotment probability. Progress bars compare each category relative to the highest-subscribed category.