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HM

Highness Microelectronics

Listed SME BSE SME · Industrial Products

Price Band

₹114.0–120.0

Issue Size

₹21.67 Cr

Lot Size

1,200 shares

Min Investment

₹288,000

GMP

+₹27.0 (22.5%)

Issue Price

₹120.0

calendar_month Important Dates

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IPO Open Date
Tue, 24 Mar 2026
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IPO Close Date
Fri, 27 Mar 2026
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Allotment Date
Mon, 30 Mar 2026
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Refund Initiation
Wed, 01 Apr 2026
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Credit of Shares
Tue, 31 Mar 2026
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Listing Date
Thu, 02 Apr 2026
Listing Price
₹147.0 +22.5%

bar_chart Subscription Status

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Subscription data unavailable

trending_up Grey Market Premium (GMP)

GMP

+₹27.0

GMP %

+22.5%

Est. Listing

₹147.0

schedule Updated: 14 Jul 2026 15:52

business 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

payments 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

info Issue Details

Issue Type SME Book Built
Issue Size ₹21.67 Cr
Price Band ₹114.0 – ₹120.0
Issue Price ₹120.0
Lot Size 1,200 shares
Min Investment ₹288,000
Exchange BSE SME
Sector Industrial Products
Open Date 24 Mar 2026
Close Date 27 Mar 2026
Allotment 30 Mar 2026
Listing Date 02 Apr 2026

pie_chart Investor Allocation

QIB (Institutional) 50%
NII / HNI 15%
Retail (RII) 35%

Registrar

domain Skyline Financial Services Pvt.Ltd.

Lead Managers / Book Running

account_balance Fintellectual Corporate Advisors Pvt.Ltd.

timeline IPO Timeline

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Open

24 Mar 2026

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Close

27 Mar 2026

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Allotment

30 Mar 2026

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Listing

02 Apr 2026

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