Highness Microelectronics Limited is a company engaged in the design, development, assembly, and manufacturing of digital imaging solutions. The company is ISO 9001:2015 and ISO 13485:2016 certified.
The company is a technology-focused electronics solutions provider serving multiple industries with standardized and customized offerings.
Product Portfolio:
- Off-the-Shelf Products: Highness offers a range of ready-made electronic and display solutions, including TFT/LCD modules, display controllers, electroluminescent and vacuum fluorescent displays, touch screens, cable assemblies, and backlight drivers.
The company enhances its products with features like high brightness for outdoor use, wide temperature support, EMI shielding, NVIS compatibility, optical bonding for clarity, and protective glass with anti-glare and anti-reflection properties.
- Market-Specific Solutions / Projects: The company provides customized display solutions such as open-frame, panel-mount, industrial-grade, and medical-grade monitors, tailored to specific requirements.
These solutions are used across sectors like industrial automation, healthcare, transportation (trains, metros, automobiles), and surveillance & defence.
Highness Microelectronics IPO – Details
| IPO Opening Date | 24 March 2026 |
| IPO Closing Date | 27 March 2026 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue: 18,06,000 Shares Worth ₹21.67 Crore Fresh Issue: 16,53,600 Shares Worth ₹19.84 Crore Offer For Sale: 1,52,400 Shares Worth ₹1.83 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹114 – ₹120 per share |
| Market Lot | 1200 Shares |
| Min Order | 1200 Shares [ 1 Lot ] |
| Listing At | BSE SME |
| Registrar | Skyline Financial Services Pvt. Ltd. |
| QIB Shares Offered | 50% |
| NII Shares Offered | 15% |
| Retail Shares Offered | 35% |
Highness Microelectronics IPO – Date Schedule
| IPO Open Date | 24 March 2026 |
| IPO Close Date | 27 March 2026 |
| Basis of Allotment | 30 March 2026 |
| Initiation of Refund | 01 April 2026 |
| Credit of Shares to Demat | 01 April 2026 |
| IPO Listing Date | 02 April 2026 |
| Cut-off time for UPI mandate confirmation | 5 PM on March 27, 2026 |
Highness Microelectronics IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | ₹2,88,000 |
| 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 |
Competitive Strength
- Quality Standards and ISO certified organization.
- Customization Expertise.
- Strong relationship with customers.
- Weather-Resistant Display Solutions.
Company Promoters
- Mr. Gaurav Manjul Kejriwal
- Mr. Manjul Kumar Kejriwal
- Mrs. Shruti Gaurav Kejriwal
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowings |
|---|---|---|---|---|
| 31 March 2023 | ₹9.91 Cr | ₹9.27 Cr | ₹0.44 Cr | ₹1.36 Cr |
| 31 March 2024 | ₹10.99 Cr | ₹7.83 Cr | ₹2.39 Cr | ₹1.38 Cr |
| 31 March 2025 | ₹14.17 Cr | ₹10.91 Cr | ₹2.52 Cr | ₹4.93 Cr |
| 31 December 2025 | ₹14.41 Cr | ₹10.16 Cr | ₹3.41 Cr | ₹8.20 Cr |
Key Performance Indicator
| KPI | Values (Dec 31, 2025) |
|---|---|
| ROE | 40.97% |
| ROCE | 36.88% |
| Debt/Equity | 0.82 |
| RoNW | 40.97% |
| EBITDA Margin | 39.26% |
| Price to Book Value | 4.20 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 7.19 | 8.81 |
| P/E (x) | 16.70 | 13.63 |
Object Of The Issue
| Objects of the Issue | Expected Amount (in Crore) |
|---|---|
| Funding the working capital requirement of the Company. | ₹5.27 |
| Repayment and/or pre-payment, in full or part, of borrowing availed by the Company. | ₹6.71 |
| To Meet Working Capital Requirements. | ₹1.89 |
| General corporate purposes. | – |
✅Strengths
- Niche speciality pharma segment (high margin).
- Presence in 35+ countries.
- Dual model (contract manufacturing + distribution).
- 60+ products pipeline for future growth.
- Wide product portfolio.
- Asset-light, scalable operations.
⚠️Risks
- High dependence on international markets.
- Regulatory approval delays risk.
- Dependency on third-party suppliers.
- Limited operating history (since 2021).
- Small team (execution risk).
- Highly competitive industry.
Highness Microelectronics IPO Promoter Holding
| Pre-Issue Share Holding | 99.90% |
| Post Issue Share Holding | 64.96% |
Highness Microelectronics IPO Prospectus
Company Contact Information
| Highness Microelectronics Ltd. Office 1C3, 1st Floor, Gundecha Onclave, Kherani Road, Saki Vihar, Andheri (East), Mumbai, Maharashtra, 400072 Phone: 022-28507123 Email: cs@highnessmicro.com Website: https://highnessmicro.com/ |
Highness Microelectronics IPO Registrar
| Skyline Financial Services Pvt. Ltd. Phone: 02228511022 Email: ipo@skylinerta.com Website: https://www.skylinerta.com/ipo.php |
Highness Microelectronics IPO Lead Manager(s)
| 1. Fintellectual Corporate Advisors Private Limited |
Highness Microelectronics IPO FAQ
| What is the Highness Microelectronics IPO? Highness Microelectronics IPO is an SME IPO. The issue is priced at ₹114 – ₹120 per equity share. The IPO is to be listed on BSE SME. |
| When will Highness Microelectronics IPO open? The IPO is to open on 24 March 2026 for QIB, NII, and Retail Investors. |
| What is Highness Microelectronics IPO Investors’ Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| What is the Highness Microelectronics IPO Size? Highness Microelectronics IPO size is ₹21.67 Crore. |
| What are the Highness Microelectronics IPO Minimum and Maximum Lot Sizes for Retail Investors? The minimum bid is 2400 Shares for ₹2,88,000, while the maximum bid is 2400 Shares for ₹2,88,000. |
| What is the Highness Microelectronics IPO Allotment Date? Highness Microelectronics IPO allotment date is 30 March 2026. |
| What is the Highness Microelectronics IPO Listing Date? Highness Microelectronics IPO listing date is 02 April 2026. The IPO is to be listed on the BSE SME. |
