Highness Microelectronics IPO Day 3: High-Tech Displays Meeting High Investor Demand
Mumbai-based Highness Microelectronics is currently in the final stages of its ₹21.67 cror...
Read ArticleHighness Microelectronics IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
| IPO Open Date | 23 March 2026 | IPO Close Date | 26 March 2026 |
|---|---|---|---|
| Basis of Allotment | TBA | Listing Date | 1 April 2026 |
| Price Band | ₹114 - ₹120 per share | Face Value | ₹10 per share |
| Market Lot Size | 1200 Shares | Min Investment (Retail) | ₹2,88,000 |
| Total Issue Size | ₹120 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | — | Offer for Sale (OFS) | — |
| Listing At | NSE, BSE | Issue Category | SME Issue |
| Registrar | TBA | ||
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 23 March 2026 | Confirmed |
| IPO Close Date | 26 March 2026 | Confirmed |
| Basis of Allotment | TBA | Tentative |
| Initiation of Refunds | TBA | Tentative |
| Credit of Shares to Demat | TBA | Tentative |
| IPO Listing Date | 1 April 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 5:00 PM on Closing Day | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 2 Lots | 2,400 Shares | ₹2,88,000 |
| Retail (Max) | 2 Lots | 2,400 Shares | ₹2,88,000 |
| S-HNI (Min) | 3 Lots | 3,600 Shares | ₹4,32,000 |
| S-HNI (Max) | 6 Lots | 7,200 Shares | ₹8,64,000 |
| B-HNI (Min) | 5 Lots | 6,000 Shares | ₹7,20,000 |
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 30 Mar 2026 | ₹22 | ₹142.00 | +18.33% |
| 26 Mar 2026 | ₹30 | ₹150.00 | +25.00% |
| 25 Mar 2026 | ₹25 | ₹145.00 | +20.83% |
| 24 Mar 2026 | ₹17 | ₹137.00 | +14.17% |
| 23 Mar 2026 | ₹13.5 | ₹133.50 | +11.25% |
Highness Microelectronics IPO is an SME public issue of a company engaged in the manufacturing and assembly of electronic components and semiconductor-related products used in consumer electronics and industrial applications. The company focuses on delivering cost-effective and reliable microelectronic solutions across various sectors. The IPO is aimed at raising funds for capacity expansion, technology upgradation, and working capital requirements. With increasing demand for electronics and localization of semiconductor supply chains, the company is positioned in a high-growth industry. However, as a niche and competitive segment, performance may depend on technological advancements, client base expansion, and overall electronics market demand.
| Investor Category | Shares Offered | Shares (%) |
|---|---|---|
| Anchor Investor | 5,11,200 Shares | 28.31% |
| QIB (Ex. Anchor) | 3,42,000 Shares | 18.94% |
| NII | 2,59,200 Shares | 14.35% |
| Retail | 6,02,400 Shares | 33.36% |
| Anchor Bidding Date | March 23, 2026 |
|---|---|
| Shares Offered | — Shares |
| Anchor Size | ₹ — Cr. |
| Lock-in Period (50% Shares - 30 Days) | April 29, 2026 |
| Lock-in Period (50% Shares - 90 Days) | June 28, 2026 |
| Particular | Dates |
|---|---|
| IPO Open Date | 24 Mar 2026 |
| IPO Close Date | 27 Mar 2026 |
| Basis of Allotment | - |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 02 Apr 2026 |
Note: The timeline for Highness Microelectronics IPO is tentative and subject to change.
| Particular | Shares | % Share |
|---|---|---|
| Promoter Holding Pre Issue | 35,10,000 | 99.90% |
| Promoter Holding Post Issue | 51,63,600 | 64.96% |
| Promoters |
|---|
| Mr. Gaurav Manjul Kejriwal, Mr. Manjul Kumar Kejriwal, and Mrs. Shruti Gaurav Kejriwal |
To Be Updated Soon
Set up in 2007, Highness Microelectronics Limited is one of the leading companies that is involved in designing, developing, assembling, and manufacturing digital imaging solutions.
The firm runs its business by offering 2 types of products: 1. Off-the-Shelf Products, which include display screens like TFT, LCD, Display Controllers, Touch screens, Cables & wiring (assemblies), and Backlight drivers, & inverters. 2. Customized solutions, which include Open-frame, Panel-mount, Industrial-grade, and Medical-grade, made as per the customer’s requirements, serving industries like Industrial Automation, Medical and Healthcare, Transportation (Trains, Metros, Automobiles), and Surveillance and Defence. With over 20 years of experience, Highness Microelectronics has established itself as an expert in digital imaging solutions.
To Be Updated Soon
To Be Updated Soon
To Be Updated Soon
Highness Microelectronics IPO opens for subscription on 23 March 2026 and closes on 26 March 2026.
The price band for Highness Microelectronics IPO is set at ₹114.00 to ₹120.00 per share.
The minimum market lot size is 1200 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 2,400 Shares (₹2,88,000).
The latest Grey Market Premium (GMP) for Highness Microelectronics IPO is ₹5.00. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for Highness Microelectronics IPO is tentatively scheduled for TBA, and shares are expected to list on the stock exchanges on 1 April 2026.
The registrar details will be confirmed in the official prospectus.