Highness Microelectronics SME IPO GMP History
Highness Microelectronics SME IPO has been listed on April 2, 2026 at a listing price of ₹125, against the issue price of ₹120 — a gain of ₹5 (+4.17%). The GMP peaked at ₹28 on 25 March 2026 and reached a low of ₹7 on 21 March 2026. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Highness Microelectronics SME IPO raised ₹21.67 Cr. through its IPO at a price band of ₹114 to ₹120 per share, with a lot size of 1200 shares. The IPO was open for subscription from 24 Mar 2026 to 27 Mar 2026.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 25 Aug, 12:55 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 01 Apr 2026 | ₹ 20 | — | 17% | — | ₹ 28000 |
| 31 Mar 2026 | ₹ 20 | ▼ | 17% | — | ₹ 28000 |
| 30 Mar 2026 | ₹ 25 | — | 21% | — | ₹ 22800 |
| 29 Mar 2026 | ₹ 25 | — | 21% | — | ₹ 22800 |
| 28 Mar 2026 | ₹ 25 | ▼ | 21% | — | — |
| 25 Mar 2026 | ₹ 28 | ▲ | 23% | — | — |
| 24 Mar 2026 | ₹ 21 | ▲ | 18% | — | — |
| 23 Mar 2026 | ₹ 14 | ▲ | 12% | — | — |
| 21 Mar 2026 | ₹ 7 | — | 6% | — | — |
| 20 Mar 2026 | ₹ 7 | — | 6% | — | — |
Highness Microelectronics SME IPO dates
Key dates from opening to listing. Today is 5 November.
- Open 24 Mar 2026
- Close 27 Mar 2026
- Allotment 30 Mar 2026
- Refund/credit 01 Apr 2026
- Listing 02 Apr 2026
Highness Microelectronics SME IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹120 |
|---|---|
| GMP-based estimate (pre-listing) | ₹140 (+16.7%) |
| Listing gain / loss | +₹5 per share |
| Listing date | 02 Apr, 2026 |
| Actual listing price | ₹125 (+4.17%) |
Is Highness Microelectronics SME IPO GMP reliable?
Grey market premium for Highness Microelectronics SME IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Highness Microelectronics SME IPO full review for a fundamentals-based assessment before making any grey market trades.
Highness Microelectronics SME IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Highness Microelectronics SME IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was Retail: ₹28000. Unlike Kostak, Subject to Sauda only applies if you receive allotment.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Highness Microelectronics SME IPO
Highness Microelectronics was established with a vision to cater to the growing demand for advanced electronic components and semiconductor solutions. Since its inception, the company has focused on building technical capabilities in design and manufacturing, gradually strengthening its presence in the electronics ecosystem. Promoted by experienced professionals from the electronics and technology sector, the company benefits from strong industry knowledge and a focus on innovation-driven growth.
The company is primarily engaged in the production and supply of microelectronic components used across industries such as consumer electronics, automotive, and industrial applications. Its business model revolves around providing customised and high-quality solutions to clients, supported by efficient manufacturing and supply chain processes. Highness Microelectronics has developed long-term relationships with customers, with a growing footprint in both domestic and select international markets.
Frequently asked
What is the GMP of Highness Microelectronics SME IPO?
The current Grey Market Premium (GMP) of Highness Microelectronics SME IPO is ₹ 20.
What is the Kostak Price of Highness Microelectronics SME IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Highness Microelectronics SME IPO is not available.
What is the Subject to Sauda Price of Highness Microelectronics SME IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is Retail: ₹28000.
What was the actual listing price of Highness Microelectronics SME IPO?
Highness Microelectronics SME IPO listed on April 2, 2026 at ₹125, against the issue price of ₹120 — a gain of +4.17%.
How did the GMP of Highness Microelectronics SME IPO trend before listing?
The GMP of Highness Microelectronics SME IPO was stable in its final days before listing. The GMP peaked at ₹28 on 25 March 2026. View the day-wise table above for the complete GMP history.
Explore Highness Microelectronics SME IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
