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Highness Microelectronics

Highness Microelectronics

Open Date

Mar 24, 2026

Close Date

Mar 27, 2026

listed

Min Investment

₹2,88,000

Lot Size

1200 Shares

Issue Size

₹21.67 Cr

Price Range

₹114 - ₹114

Listing Date

Apr 2, 2026

IPO Doc

RHP PDF

About Highness Microelectronics

Highness Microelectronics Limited is a limited company incorporated in 2007. It is certified for ISO 9001:2015 and ISO 13485:2016. It is engaged in designing, developing, assembling, and manufacturing digital imaging solutions. It provides two different categories of products: 1. Off-the-Shelf Products: It includes Flat Panel Displays such as TFT and LCD modules, Display Controllers. It includes displays such as Electroluminescent Displays, Vacuum Fluorescent Displays, Touch Screens, Cable Assemblies and Harnesses, Backlight Drivers & Inverters, Display Enhancement Solutions.Display Enhancement Solutions include high brightness for outdoor and sunlight applications, wide range of temperatures for harsh environments, EMI shielding for critical operations. It includes NVIS (Night Vision) compatibility, optical bonding for better image clarity, vandal-proofing, and cover glass for anti-glare, anti-reflective, and anti-smudge purposes. 2. Market-Specific Solutions/Projects: It provides customized display monitors in different forms such as Open-frame displays, Panel-mount displays, Industrial-grade displays, and Medical-grade displays. It includes applications such as industrial automation, medical and healthcare, transportation such as trains, metro, automobiles, surveillance, and defense.

Checklist Quality Analysis

Revenue Growth

Company Valuation

Earning Expansion

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily.

0GMP

Highness Microelectronics IPO - Issue Objectives

The company will utilise ₹5.26 crore for setting up an assembly line at a factory in Mumbai. The company will utilise ₹1.89 crore for repayment of borrowings availed by it. The company will utilise ₹6.70 crore for funding the working capital of the business. Part of the IPO proceeds will be used for general corporate purposes and issue expenses

Capital expenditure

26.3%

Repayment of borrowings

9.4%

Working capital

33.5%

General corporate purposes

30.6%

1

Capital expenditure

The company will utilise ₹5.26 crore for setting up an assembly line at a factory in Mumbai.

26.30%
2

Repayment of borrowings

The company will utilise ₹1.89 crore for repayment of borrowings availed by it.

9.40%
3

Working capital

The company will utilise ₹6.70 crore for funding the working capital of the business.

33.50%
4

General corporate purposes

Part of the IPO proceeds will be used for general corporate purposes and issue expenses

30.60%

IPO Subscription Status

Retails
181.60x
QIB
81.95x
NII
361.73x

Financials of Highness Microelectronics

In Cr.

Revenue: ₹14.41

EBITDA: ₹5.55

Profit: ₹3.41

Total Income
EBITDA
Total Profit
Negative Value
Key Performance Indicator31-Dec-25 (In Cr.)31-Mar-25 (In Cr.)31-Mar-24 (In Cr.)31-Mar-23 (In Cr.)
Revenue14.4114.1710.999.91
EBITDA5.554.525.973.13
Expenses
Profit After Tax3.412.522.390.44
Assets24.0314.318.204.78
Net Worth10.036.624.101.71
Reserves6.523.114.091.70
Borrowing8.204.931.381.36

Highness Microelectronics - Promoter(s)

Mr. Gaurav Manjul Kejriwal

Mr. Manjul Kumar Kejriwal

Mrs. Shruti Gaurav Kejriwal

Pre Issue Share Holding

99.90%

Post Issue Share Holding

64.96%

Contact Details

Highness Microelectronics

Office 1C3, 1st Floor, Gundecha Onclave, Kherani Road, Saki Vihar, Andheri (East), Mumbai, Maharashtra - 400072.

Registrar Contact Details

Highness Microelectronics IPO - FAQs

Highness Microelectronics IPO is a SME IPO. The issue is priced at 114-₹120. The minimum order quantity is 1200 Shares. The IPO opens on 24 Mar, and closes on 27 Mar. Skyline Financial Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on SME.

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