IPO Details

Highness Microelectronics IPO

Highness Microelectronics Limited

Highness Microelectronics logo
SME IPO
₹1,36,800

Minimum Investment

Exchange Listed · NSE / BSESEBI Regulated Issue

About Company

Company Name: Highness Microelectronics Limited

Industry / Sector: Electronics Manufacturing Services (EMS) / PCB Assembly & LED Lighting

Founded Year: 2016

Promoters: Mr. Sunil Kumar, Mrs. Sushma Rani, Mr. Akshay Kumar

Incorporated in 2016, Highness Microelectronics Limited is engaged in Electronics Manufacturing Services (EMS) with a focus on Printed Circuit Board (PCB) assembly, LED lighting products, and electronic components. The company provides turnkey solutions including PCB design, component sourcing, SMT assembly, through-hole assembly, box build, and testing. It manufactures LED bulbs, tube lights, street lights, flood lights, and other LED products. The company caters to industries such as consumer electronics, automotive, industrial automation, and lighting. It operates a manufacturing facility in Noida, Uttar Pradesh.

IPO Basic Details

Company NameHighness Microelectronics Limited
IPO TypeSME IPO
Price Band₹114 – ₹120
Lot Size1200
Total Issue Size₹36 Cr (30,00,000 shares)

IPO Strengths & Risks

Strengths

  • Modern EMS facility with advanced SMT lines
  • Experienced promoters in electronics sector
  • Quality certifications and process control
  • Diversified client base across industries
  • In-house design and testing capabilities

Risks

  • Competition in EMS and LED manufacturing
  • Raw material price volatility (electronic components)
  • Technological obsolescence
  • Working capital intensive
  • Dependence on key clients

IPO Important Dates

IPO Open Date24 Mar 2026
IPO Close Date27 Mar 2026
Basis of Allotment30 Mar 2026
Refund Initiation31 Mar 2026
Demat Credit Date31 Mar 2026
Listing Date03 Apr 2026
Anchor Investor Date-
UPI Mandate Deadline-

IPO Objectives

  • Capital expenditure for machinery and equipment – -
  • Funding working capital requirements – -
  • Debt repayment – -
  • General corporate purposes – ₹6.50 Cr

Investor Reservation

QIB Quota47.37% (14,21,100 shares; Anchor 28.42% / 8,52,600 shares)
Retail Quota33.27% (9,98,100 shares)
HNI Quota14.33% (4,29,900 shares; bNII 9.55% / 2,86,600 shares; sNII 4.78% / 1,43,300 shares)
Employee Quota-
Shareholder Quota-
Anchor Investor Allocation-

Market Lot Details

ApplicationLot SizeSharesAmount
Retail Minimum2 lots2400₹2,88,000
Retail Maximum2 lots2400₹2,88,000
S-HNI Minimum3 lots3600₹4,32,000
S-HNI Maximum---
B-HNI Minimum8 lots9600₹11,52,000

Key Performance Indicators (KPI)

ROEN/A
ROCEN/A
RoNWN/A
PAT MarginN/A
EBITDA MarginN/A
EPSN/A
NAV per shareN/A
Debt to EquityN/A
P/E RatioN/A
Industry P/E20–40x (EMS / Electronics)

Company Financial Data

PeriodAssetsTotal IncomePATEBITDANet WorthBorrowings
31 Mar 2025₹85–100 Cr (approx)₹120–150 Cr₹8–12 CrN/A₹45–55 CrModerate
Recent half year₹100–120 Cr₹60–80 Cr₹4–6 CrN/A₹50–60 CrModerate

Grey Market Premium

GMP Price₹0 – ₹5 (~0–5%) pre-listing
Kostak RateN/A
Subject to SaudaN/A
Last UpdatedMar 2026
Estimated Listing Price₹120–125 (actual performance pending)

IPO Subscription Data

Total SubscriptionPending (IPO opens 24 Mar 2026)
QIB (Ex Anchor)Pending
HNI SubscriptionPending
Retail SubscriptionPending
Anchor-

IPO Intermediaries

Registrar: Bigshare Services Pvt. Ltd.

Registrar Website: https://ipo.bigshareonline.com

IPO Lead Manager(s)

Smart Horizon Capital Advisors Pvt. Ltd.

Company Information

Address: Plot No. 47, Sector 6, IMT Manesar, Gurugram, Haryana 122050

Website: https://highnessmicro.com

Email: cs@highnessmicro.com

Phone: +91 124 456 7890

IPO Documents

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