| IPO Date | March 24, 2027 to March 27, 2026 |
| Listing Date | April 2, 2026 |
| Face Value | ₹ 10 / Share |
| Price Band | ₹ 114 to ₹ 120 / Share |
| Lot Size | 1200 Shares |
| Total Issue Size | 18,06,000 (Aggregating up to ₹22 Cr) |
| Fresh Issue | 15,62,400 (Aggregating up to ₹19 Cr) |
| Offer for Sale | 1,52,400 (Aggregating up to ₹2 Cr) |
| Employee Discount | |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share holding pre issue | 35,10,000 |
| Share holding post issue | 51,63,600 |
| Market Maker portion | 91,200 |
Highness Microelectronics IPO opens on March 24, 2027, and closes on March 27, 2026.
| IPO Open Date | March 24, 2027 |
| IPO Close Date | March 27, 2026 |
| Basis of Allotment | March 30, 2026 |
| Initiation of Refunds | April 1, 2026 |
| Credit of Shares to Demat | April 1, 2026 |
| Listing Date | April 2, 2026 |
| Cut-off time for UPI mandate confirmation | March 27, 2026 |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | Rs.288,000 |
| Retail (Max) | 2 | 2,400 | Rs.288,000 |
| S-HNI (Min) | 3 | 3,600 | Rs.432,000 |
| S-HNI (Max) | 6 | 7,200 | Rs.864,000 |
| B-HNI (Min) | 7 | 8,400 | Rs.1,008,000 |
| HNI (Min) |
| Share Holding Pre Issue | |
| Share Holding Post Issue |
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 5,11,200 28.31% |
|
| Market Maker Shares Offered | 91,200 5.05% |
|
| Other Shares Offered | |
|
| QIB Shares Offered | 3,42,000 18.94% |
|
| NII (HNI) Shares Offered | 2,59,200 14.35% |
|
| bNII > ₹10L | 1,72,800 9.57% |
|
| sNII < ₹10L | 86,400 4.78% |
|
| Retail Shares Offered | 6,02,400 33.36% |
|
| Employee Shares Offered | |
|
| Total Shares Offered | 18,06,000 100.00% |
| Bid Date | |
| Shares Offered | 5,11,200 |
| Anchor Portion Size (In Cr.) | |
| Anchor lock-in period end date for 50% shares (30 Days) | |
| Anchor lock-in period end date for remaining shares (90 Days) |
Founded in 2007, Highness Microelectronics Limited is an ISO 9001:2015 and ISO 13485:2016 certified company specializing in the design, development, assembly, and manufacturing of advanced digital imaging solutions.
The company’s offerings are broadly divided into two categories:
1. Off-the-Shelf Products:
Highness Microelectronics provides a wide range of ready-to-use components, including flat panel displays such as TFT and LCD modules, display controllers, electroluminescent and vacuum fluorescent displays, touchscreens, cable assemblies and harnesses, as well as backlight drivers and inverters.
Its display enhancement solutions are designed to improve performance and durability across demanding environments. These include high-brightness displays for outdoor visibility, wide temperature tolerance for harsh conditions, EMI shielding for sensitive operations, NVIS (Night Vision Imaging System) compatibility, and optical bonding for improved clarity. Additional features such as vandal-proofing and protective cover glass offer anti-glare, anti-reflection, and anti-smudge benefits.
2. Market-Specific Solutions/Projects:
The company also delivers customized display solutions tailored to specific industry requirements. These include open-frame, panel-mount, industrial-grade, and medical-grade monitors. Such solutions are widely used across sectors like industrial automation, healthcare and medical equipment, transportation (including trains, metros, and automobiles), as well as surveillance and defense applications.
| KPI | Values |
|---|---|
| ROE | 47.09% |
| ROCE | 42.09% |
| Debt/Equity | 0.74 |
| RoNW | 47.09% |
| P/BV | 6.37 |
| PAT Margin (%) |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 7.19 | 8.81 |
| P/E (x) | 16.7 | 13.63 |
Highness Microelectronics Limited Office 1C3, 1st Floor, Gundecha Onclave, Kherani Road, Saki Vihar, Andheri (East), Mumbai, Maharashtra, 400072
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