Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
Highness Microelectronics IPO
Price Band
₹114.0–120.0
Issue Size
₹21.67 Cr
Lot Size
1,200 shares
Min Investment
₹288,000
2 LOTS MIN
GMP
+₹27.0 (22.5%)
Issue Price
₹120.0
Highness Microelectronics IPO AI Summary
- Highness Microelectronics IPO is listed on BSE SME in the Industrial Products sector.
- Price band: ₹114.0–₹120.0 per share, lot size 1,200 shares (min. investment ₹288,000, 2 lots minimum).
- Subscription window: 24 Mar–27 Mar 2026, listing on 02 Apr 2026.
- Current GMP is +₹27.0 (22.5%), an estimated listing price of ₹147 — unofficial and can change daily.
Highness Microelectronics Limited is an ISO certified company focused on digital imaging solutions, with a strong track record of revenue and profit growth. The IPO aims to raise funds for expansion and operational needs, with a favorable grey market premium indicating positive investor sentiment.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Important Dates
Subscription Status
Subscription data unavailable
Highness Microelectronics IPO Grey Market Premium (GMP) Today
GMP
+₹27.0
GMP %
+22.5%
Est. Listing
₹147.0
Updated: 14 Jul 2026 15:52
About the Company
Incorporated in 2007, Highness Microelectronics Limited is an ISO 9001:2015 and ISO 13485:2016 certified company that designs, develops, assembles, and manufactures digital imaging solutions. The company offers two main types of products: 1. Off-the-Shelf Products: These includes Flat Panel Displays like TFT and LCD modules , Display Controllers. Electroluminescent and Vacuum Fluorescent Displays, Touch Screens, Cable Assemblies and Harnesses, Backlight Drivers & Inverters, Display Enhancement Solutions. Display Enhancement Solutions includes high brightness for outdoor and sunlight, wide temperature range for harsh environments, EMI shielding for critical operations. NVIS (Night Vision) compatibility, Optical bonding for better clarity, Vandal-proofing and cover glass for anti-glare, anti-reflection, and anti-smudge protection 2. Market-Specific Solutions / Projects: It offers customized display monitors in formats like Open-frame, Panel-mount, Industrial-grade, and Medical-grade used across industries like Industrial Automation, Medical and Healthcare, Transportation (Trains, Metros, Automobiles), and Surveillance and Defence. Competitive Strengths: Quality Standards and ISO certified organization Customization Expertise Strong relationship with customers Weather-Resistant Display Solutions
Company Financials (₹ Cr)
As of 2025-12-31
| Period Ended | 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 |
Key Ratios
EPS
₹7.19
NAV
₹18.85
ROE
47.09%
ROCE
42.09%
RoNW
47.09%
P/B Value
6.37
P/E Ratio
16.7
Market Cap
₹61.96 Cr
Debt/Equity
0.74
Promoters
Gaurav Manjul Kejriwal, Manjul Kumar Kejriwal and Shruti Gaurav Kejriwal
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Funding the capital expenditure towards setting up an assembly line at factory situated at R-364, TTC Industrial Area, Rabale, Mumbai-400701 5.27 2 Funding the working capital requirement of our Company. 6.71 3 Repayment and/or pre-payment, in full or part, of borrowing availed by our Company. 1.89 4 General Corporate Purposes 2.94 5 Issue Expenses 3.03 Total 19.84
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income was ₹9.91 Cr in the year ending 31 Mar 2023, rising to ₹10.99 Cr by 31 Mar 2024, then increasing to ₹14.17 Cr by 31 Mar 2025, and reaching ₹14.41 Cr by 31 Dec 2025. This shows a consistent growth in revenue over the periods reported.
Profit Trend
Profit after tax was ₹0.44 Cr for the year ending 31 Mar 2023, increasing to ₹2.39 Cr by 31 Mar 2024. It further rose to ₹2.52 Cr by 31 Mar 2025 and reached ₹3.41 Cr by 31 Dec 2025. This indicates a strong upward trend in profitability across the periods.
Grey Market Premium, Explained
The Grey Market Premium (GMP) is an unofficial indicator of the potential listing price of an IPO. It reflects the demand for the shares before they are officially listed on the stock exchange. A positive GMP suggests that the shares may list at a premium, while a negative GMP indicates the opposite.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their investment goals and risk tolerance. It's important to consider the company's growth potential and market position before making a decision.
Who May Want to Wait
Investors who are risk-averse or prefer stable, established companies may want to avoid this IPO, as it involves inherent risks associated with new market entrants and the volatility of the SME sector.
IPO Timeline, Explained
The IPO opens for subscription from 24 March 2026 to 27 March 2026. Allotment of shares will be done on 30 March 2026, and the shares are expected to be listed on the stock exchange on 2 April 2026.
Listing Gains — The Risk
Listing gains refer to the potential profit an investor can make when shares are listed at a price higher than the issue price. However, these gains are not guaranteed and can be influenced by market conditions, investor sentiment, and the company's performance post-listing.
This evaluation is generated from Highness Microelectronics's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is Highness Microelectronics IPO GMP today?
Highness Microelectronics IPO GMP today is +₹27.0 (22.5%), indicating an estimated listing price of ₹147. GMP is an unofficial grey-market indicator and can change daily.
What is the price band of Highness Microelectronics IPO?
The price band of Highness Microelectronics IPO is ₹114.0–₹120.0 per share.
When does Highness Microelectronics IPO open and close?
Highness Microelectronics IPO opens on 24 March 2026 and closes on 27 March 2026.
When does Highness Microelectronics IPO list on the stock exchange?
Highness Microelectronics IPO listed on 02 April 2026 at ₹147.0.
What is the lot size for Highness Microelectronics IPO?
The lot size for Highness Microelectronics IPO is 1200 shares, requiring a minimum investment of ₹288,000 (2 lots).
What is the lot size for this IPO?
The lot size for Highness Microelectronics' IPO is 1200 shares.
What is the minimum investment required?
The minimum investment required is ₹2,88,000.
What is the price band for the IPO?
The price band for the IPO is ₹114.0 to ₹120.0.
When is the listing date?
The listing date for the IPO is 2 April 2026.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected premium or discount of the IPO shares in the grey market before they are officially listed.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
24 Mar 2026
Close
27 Mar 2026
Allotment
30 Mar 2026
Listing
02 Apr 2026
Similar IPOs in Industrial Products
Plan Your IPO Investment
Related Articles
Community Sentiment
What are other investors planning for Highness Microelectronics?
No votes yet — be the first to share your view.
Sign in to voteDiscussion
User-generated content — not investment advice, and not verified or endorsed by TopFund.
No comments yet — start the discussion.