Highness Microelectronics SME IPO
Highness Microelectronics IPO — date, price band, lot size & details 2026
Highness Microelectronics listed on 2 Apr 2026 at ₹125, 4.2% above the ₹120 issue price.
Highness Microelectronics SME IPO was open for subscription from 24 March 2026 to 27 March 2026. The company was incorporated in 2007 and operates in the electronics segment, focusing on digital imaging and display solutions. It follows a manufacturing and solution-based business model, offering both standard products and customised solutions. The company has a strong presence across sectors like industrial automation, healthcare, transportation and defence in India.
Stock price
Highness Microelectronics is listed — here is the live share price.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Timetable
Key dates from opening to listing. Today is 3 October.
- Open 24 Mar 2026
- Close 27 Mar 2026
- Allotment 30 Mar 2026
- Refund/credit 01 Apr 2026
- Listing 02 Apr 2026
Issue summary
The terms of the offer, as filed.
| IPO Dates | 24 to 27 Mar, 2026 |
|---|---|
| Price Band | ₹114 – ₹120 |
| Face Value | ₹10 |
| Lot Size | 1200 Shares |
| Issue Size | ₹21.67 Cr |
| Sale Type | Fresh capital cum OFS |
| Listing On | BSE SME |
| Registrar | Skyline Financial Services Private Limited |
| Min Investment | ₹ 2,88,000 |
Share of the offer set aside for each investor category, as stated in the offer document.
What will it cost me?
Bidding is in multiples of 1200 shares at the ₹120 cut-off. The SME retail application is a fixed 2 lots; HNI starts at 3.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 2 | 2,400 | ₹2,88,000 |
| Retail (max) | 2 | 2,400 | ₹2,88,000 |
| HNI (min) | 3 | 3,600 | ₹4,32,000 |
Three years of numbers
All figures in ₹ crore, as reported in the Highness Microelectronics offer document.
| Metric | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 24.03 | 14.31 | 8.20 | 4.78 |
| Total Income | 14.41 | 14.17 | 10.99 | 9.91 |
| Profit After Tax | 3.41 | 2.52 | 2.39 | 0.44 |
| EBITDA | 5.55 | 4.52 | 5.97 | 3.13 |
| NET Worth | 10.03 | 6.62 | 4.10 | 1.71 |
| Reserves and Surplus | 6.52 | 3.11 | 4.09 | 1.70 |
| Total Borrowing | 8.20 | 4.93 | 1.38 | 1.36 |
See how this IPO compares — view listing performance of all SME IPOs.
Valuation & key ratios
Ratios are for the latest full financial year reported in the Highness Microelectronics RHP. EPS and P/E are post-issue — the table below carries the pre-issue comparison.
Highness Microelectronics IPO Valuation
How the issue prices the company before and after the fresh shares are created.
| Valuation Metric | Post-Issue |
|---|---|
| EPS (₹) | ₹8.81 |
| P/E Ratio (x) | 13.63 |
| Market Cap at Offer Price (₹ Cr) | ₹46.45 |
Pre-issue figures use the shareholding reported in the RHP; post-issue figures use the shareholding once the fresh issue has created new shares. The two differ because of that dilution and because post-issue earnings per share are often annualised, so the change can run in either direction. Market capitalisation is calculated at the ₹120 offer price. Compare the post-issue P/E against listed peers before deciding — a premium there is growth you are paying for in advance.
Where the money goes
₹27.74 Cr of the issue is earmarked to named objects.
About the company
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.
Interested in this IPO? Check the live subscription status or browse all upcoming SME IPOs.
022-28507123
The bankers & the filings
Who is running the book, and the documents this page is built from.
Lead Manager Track Record
How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.
Fintellectual Corporate Advisors Private Limited
1 issue handled1 of their issues has listed so far, and 1 opened above the issue price (average +90%). That is too small a sample to read as a hit rate.
Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.
Company contact
Frequently asked
What is the GMP of Highness Microelectronics?
The current Grey Market Premium is ₹20, or 17% over the issue price.
What is the Highness Microelectronics IPO price band?
₹114 to ₹120, on a face value of ₹10.
When is the allotment?
The basis of allotment is 30 March 2026, with listing on 2 April 2026.
How do I check allotment status?
On the IPO Guru allotment page or on the registrar's site — Skyline Financial Services Private Limited.
Every number here traces back to a filing.
IPO Guru tracks GMP, subscription and allotment for every SME and Mainboard issue. Every number on this page is sourced from the RHP, BSE & NSE.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
