Highness Microelectronics IPO GMP: Day 1 IPO Live Updates

Mon Mar 23 2026

The Highness Microelectronics IPO GMP is ₹0 as of 24th March 2026. It is an IPO bookbuild issue of ₹21.67 crores. This is an entirely fresh Issue of 0.17 crore shares. The issue will be listed on BSE and SME on its tentative listing date, 2nd April 2026. The face value of Highness Microelectronics IPO shares is ₹10 per share, and the IPO price band is ₹114 to ₹120 per share. Retail investors can bid for a minimum of 2 lots of 2,400 shares worth ₹2,88,000.

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Highness Microelectronics IPO Grey Market Premium

As of 24th March 2025, the GMP for the Highness Microelectronics IPO stands at ₹0.00 per share. Thus, the estimated listing price would be ₹89.00. This indicates that the estimated listing gain in this IPO could be 0.00%. However, GMP details are subject to change in response to market conditions and fluctuations. Explore the table for the Highness Microelectronics IPO GMP updates.

GMP DATE	IPO Price	GMP Price	Estimated Listing Price	Estimated Gain
24–3-2026	₹120.00	₹10.00	₹130.00	8.33%
23-3-2026	₹120.00	₹13.00	₹133.00	10.83%
22-3-2026	₹120.00	₹13.00	₹133.00	10.83%
21-3-2026	₹120.00	₹7.00	₹127.00	5.83%
20-3-2026	₹120.00	₹4.00	₹124.00	3.33%

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Highness Microelectronics IPO Details

IPO Allotment Date	30th April 2026
IPO Open Date	24th April 2026
IPO Close Date	27th April 2026
Refund Initiation	1st April 2026
Issue Size	18,06,000 shares(agg. up to ₹22 Cr)
Face Value	₹10 per share
Lot Size	1,200 Shares
Issue Price	₹114 to ₹120 per share
Issue Type	Bookbuilding IPO
Listing At	BSE & SME
Listing Date	2nd April 2026

Explanation

Highness Microelectronics IPO: Highness Microelectronics IPO Limited has declared an issue price band of ₹114 to ₹120 per share. With this IPO, the company allows retail investors to bid for at least 2 lots of 2,400 shares, each worth ₹2,88.000. The face value of Highness Microelectronics IPO Limited shares is ₹10 per share. The shares of Highness Microelectronics IPO Limited will be listed on BSE and SME on its tentative listing day, 2nd April 2026. Scroll down to check GMP updates and Highness Microelectronics IPO reviews.

Objectives of the Highness Microelectronics IPO

The primary aim of the Highness Microelectronics IPO is to raise ₹60.55 crores, and the secondary objective is to:

To Repayment or prepayment of all or certain of our borrowings availed by our company
Funding Working Capital Requirement of the Company
General corporate purposes

Highness Microelectronics IPO Registrar

Skyline Financial Services Private Limited is the registrar for the Highness Microelectronics IPO, awaiting the allotment process and initiating refunds. For any queries regarding the Highness Microelectronics allotment and refund, you can contact Skyline Financial Services Private Limited at ipo@skylinerta.com or 02228511022.

Highness Microelectronics IPO Review

Highness Microelectronics Apply or Avoid

The Highness Microelectronics IPO has gained neutral ratings from industry experts, brokers, and institutional investors. Highness Microelectronics Limited’s revenue increased by 5%, from ₹10.99 crore in March 2024 to ₹14.17 crore in March 2025. Moreover, the company’s PAT increased by 4% from ₹2.39 crore in March 2024 to ₹2.52 crore in March 2025.

Most analysts recommend applying for this IPO to diversify your investment portfolio. However, we’re waiting for further ratings to gain a better understanding and will continue to post them to deliver real-time insights. Until then, you can explore the company’s technical analysis to know whether you should apply for the Highness Microelectronics IPO or not.

Technical Analysis

Several technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technical aspects of the Highness Microelectronics IPO.

Key Indicators	Value
PE Ratio (Price-to-Earnings)	16.7
EPS (Earnings Per Share)	7.19
RoNW	40.97%
ROCE	36.88%
ROE	40.97%
EBITDA Margin	39.26%
Price to Book Value	4.20
Market Capitalisation	₹61.95 Cr

The P/E ratio of Highness Microelectronics Limited shares is 16.7, and its Earnings Per Share (EPS) stands at 7.19. Thus, the Highness Microelectronics IPO can deliver gains on its tentative listing date, 2nd April 2026.

Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Highness Microelectronics Limited may change after the IPO. Explore the table below to get post-issue updates on these two metrics.

Indicators	Pre-IPO	Post-IPO
PE Ratio	7.19	8.81
EPS	16.7	13.63

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FAQs on Highness Microelectronics IPO

What is the GMP of the Highness Microelectronics IPO?

Currently, on 24th March 2026, the Highness Microelectronics IPO GMP (Grey Market Premium) stands at ₹10. This indicates that the estimated listing price could be ₹130.00 per share.

What is the issue price of the Highness Microelectronics IPO?

The Highness Microelectronics IPO price range is ₹114 to ₹120 per share. Retail investors can apply for a minimum of 2 lots, each consisting of 2,400 shares, worth ₹2,88,000. Moreover, HNIs are required to bid for a minimum of 3 lots (3,600 shares) worth ₹4,32,000.

Who is the registrar of the Highness Microelectronics IPO?

Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Highness Microelectronics IPO, download the Highness Microelectronics IPO RHP and Highness Microelectronics IPO DRHP. Conduct thorough research before investing in IPOs to minimise the risk of significant losses. You can also consult your financial advisor.