Highness Microelectronics IPO

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:

These include Flat Panel Displays like TFT and LCD modules, and 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, a wide temperature range for harsh environments, and 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

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.

Highness Microelectronics Limited IPO Overview

Highness Microelectronics IPO is a book build issue of ₹21.67 crores. The issue is a combination of fresh issue of 0.17 crore shares aggregating to ₹19.84 crores and offer for sale of 0.02 crore shares aggregating to ₹1.83 crores. Highness Microelectronics IPO opens for subscription on Mar 24, 2026, and closes on Mar 27, 2026. The allotment for the Highness Microelectronics IPO is expected to be finalized on Mar 30, 2026. Highness Microelectronics IPO will list on BSE SME with a tentative listing date fixed as Apr 2, 2026. Highness Microelectronics IPO is set to issue price band at ₹114 to ₹120 per share. The lot size for an application is 1,200. The minimum amount of investment required by an individual investor (retail) is ₹0.00 (2,400 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (3,600 shares), amounting to ₹4,32,000.

Fintellectual Corporate Advisors Pvt. Ltd. is the book running lead manager and Skyline Financial Services Pvt. Ltd. is the registrar of the issue. The Market Maker of the company is Rainbow Securities Pvt. Ltd..

Highness Microelectronics Limited IPO Details

Particulars	Details
IPO Date	24 to 27 Mar, 2026
Listing Date	2 April 2026
Face Value	₹10 per share
Issue Price Band	₹114 to ₹120 per share
Lot Size	1,200 Shares
Total Issue Size	18,06,000 shares (aggregating up to ₹22 Cr)
Fresh Issue	15,62,400 shares (aggregating up to ₹19 Cr)
Offer for Sale	1,52,400 shares (aggregating up to ₹2 Cr)
Issue Type	Bookbuilding IPO
Listing At	BSE SME
Share Holding Pre Issue	35,10,000 shares
Share Holding Post Issue	51,63,600 shares
Market Maker Portion	91,200 shares

Highness Microelectronics Limited IPO Reservation

Investor Category	Shares Offered
Market Maker	91,200 (5.05%)
QIB	8,53,200 (47.24%)
– Anchor Investor	5,11,200 (28.31%)
– QIB (Ex Anchor)	3,42,000 (18.94%)
NII (HNI)	2,59,200 (14.35%)
Retail	6,02,400 (33.36%)
Total Shares Offered	18,06,000 (100.00%)

Highness Microelectronics Limited IPO Lot Size

Application	Lots	Shares	Amount
Individual investors (Retail) (Min)	2	2,400	₹2,88,000
Individual investors (Retail) (Max)	2	2,400	₹2,88,000
S-HNI (Min)	3	3,600	₹4,32,000
S-HNI (Max)	6	7,200	₹8,64,000
B-HNI (Min)	7	8,400	₹10,08,000

Highness Microelectronics Limited IPO Promoter Holding

Shareholding Status	Percentage
Pre-Issue	99.90%
Post-Issue	64.96%

Highness Microelectronics Limited IPO Valuation Overview

KPI	Value
EPS (Post IPO)	₹8.81
Price/Earnings (P/E) Ratio	13.63
Return on Net Worth (RoNW)	40.97%
Net Asset Value (NAV)	₹20.02
Return on Equity	40.97%
Return on Capital Employed (ROCE)	36.88%
EBITDA Margin	39.26%
PAT Margin	23.67%
Debt to Equity Ratio	0.82

Objectives of the Proceeds

• Set up an assembly line at Rabale factory, Mumbai – ₹5.27 Cr

• Fund working capital requirements – ₹6.71 Cr

• Repayment/prepayment of borrowings – ₹1.89 Cr

• General corporate purposes – unspecified

Key Financials (₹ Crore)

Particulars	31 Dec 2025	31 Mar 2025	31 Mar 2024	31 Mar 2023
Assets	24.03	14.31	8.20	4.78
Revenue	14.41	14.17	10.99	9.91
Profit After Tax	3.41	2.52	2.39	0.44
Reserves and Surplus	6.52	3.11	4.09	1.70
Total Borrowings	8.20	4.93	1.38	1.36

IPO Strengths of Highness Microelectronics Limited

• Promoters and management team possess extensive experience and technical expertise.

• Strong ISO-certified quality standards ensuring reliable product performance.

• Established presence in domestic and international markets with repeat clients.

• Large, integrated manufacturing facility strategically located for operational efficiency.

• Offers weather-resistant, NVIS-compatible, and customized display solutions.

• Maintains long-term supplier and customer relationships supporting consistent business growth.