Highness Microelectronics
CLOSEDIPO Date: 24 Mar - 27 Mar 2026
Listing Date: 2 Apr 2026
Price Range
Rs.114 - Rs.120
Issue Size
22 Cr
Min Investment
₹1,36,800
Lot Size
1200 Shares
Schedule of Highness Microelectronics
Issue open date
24 Mar 2026
Issue close date
27 Mar 2026
UPI mandate deadline
27 Mar 2026 (5 PM)
Allotment finalization
30 Mar 2026
Share credit
1 Apr 2026
Listing date
2 Apr 2026
Mandate end date
12 Apr 2026
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 22 Cr |
| Fresh Issue | 19.84 Cr |
| Offer for Sale | 1.83 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 30 Mar 2026 |
| Allotment Link | {Link} |
Grey Market PremiumNew
Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | Ipo Price | GMP | Estimated Listing Price |
|---|---|---|---|
| 1 Apr 2026 | ₹120 | ₹27 | ₹147 (22.5%) |
| 31 Mar 2026 | ₹120 | ₹20 | ₹140 (16.67%) |
| 29 Mar 2026 | ₹120 | ₹25 | ₹145 (20.83%) |
| 28 Mar 2026 | ₹120 | ₹25 | ₹145 (20.83%) |
| 26 Mar 2026 | ₹120 | ₹30 | ₹150 (25%) |
| 25 Mar 2026 | ₹120 | ₹29 | ₹149 (24.17%) |
| 23 Mar 2026 | ₹120 | ₹20 | ₹140 (16.67%) |
| 22 Mar 2026 | ₹120 | ₹13 | ₹133 (10.83%) |
| 21 Mar 2026 | ₹120 | ₹13 | ₹133 (10.83%) |
| 20 Mar 2026 | ₹120 | ₹7 | ₹127 (5.83%) |
| 19 Mar 2026 | ₹120 | ₹4 | ₹124 (3.33%) |
Performance Highness Microelectronics
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| Rs.114 - Rs.120 | ₹ 276 (4.17%) | ₹ 116 | -3.33% |
About Highness Microelectronics
Highness Microelectronics Limited is engaged in the design, development, integration, assembly, and manufacture of digital imaging solutions. The company operates across two main categories: off-the-shelf products and market-specific solutions. Its product portfolio includes flat panel displays such as TFT and LCD modules, display controllers, electroluminescent and vacuum fluorescent displays, touch screens, cable assemblies, backlight drivers, and display enhancement solutions such as high-brightness displays, EMI shielding, and optical bonding. Under market-specific solutions, the company provides display monitors, including open-frame, panel-mount, industrial-grade, and medical-grade displays for sectors such as industrial automation, healthcare, railways, and defence. The company’s registered office is located in Andheri (East), Mumbai, and its manufacturing facility is situated in the TTC Industrial Area, Rabale, Mumbai.
| Founded in | 2007 |
| Managing director | Mr. Gaurav Manjul Kejriwal |
| Parent organization |
Financial Overview
Strengths
- Diverse product portfolio across display components and digital imaging solutions.
- Presence in multiple industries, including healthcare, railways, defence, and automation.
- Capability to offer both standard products and customised project-based solutions.
- In-house design, development, and manufacturing capabilities.
- Certifications such as ISO 9001 and ISO 13485 support quality standards.
Risks
- Heavy dependence on imported raw materials, especially from China.
- Reliance on a limited number of key suppliers for procurement.
- Significant revenue contribution from a few major customers.
- Exposure to fluctuations in raw material prices and supply chain disruptions.
- Vulnerability to regulatory changes and geopolitical risks affecting imports.
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | 81.95 |
| Non-Institutional Investors (NIIs) | 267.99 |
| Retail Individual Investors (RIIs) | 183.75 |
| Employee | N/A |
| Total | 179.66 |