Highness Microelectronics IPO

About Highness Microelectronics IPO

The Highness Microelectronics IPO opens on Tuesday, March 24, 2026 and closes on Friday, March 27, 2026. The allotment of shares will take place on Monday, March 30, 2026. The credit of shares to the demat account will take place on Wednesday, April 1, 2026. The initiation of refunds will take place on Wednesday, April 1, 2026. The listing of shares will take place on Thursday, April 2, 2026.

The offer consists of both a fresh issue and an offer for sale component. The fresh issue will include 0.17 crore shares aggregating to ₹19.84 crores. The offer for sale portion includes 0.02 crore shares aggregating to ₹1.83 crores. The total number of shares and aggregate amount are 18,06,000 shares (aggregating up to ₹22 crores).

Highness Microelectronics IPO’s price band is set at ₹114 to ₹120 per share. The lot size for an application is 1,200. The minimum amount of investment required by a retail investor is 2 lots (2,400 shares) (based on upper price), amounting to ₹2,88,000. The minimum lot size required for investment by HNIs is 3 lots (3,600 shares), amounting to ₹4,32,000.

Highness Microelectronics is an ISO 9001:2015 and ISO 13485:2016 certified company, engaged in the design, development, integration, assembly and manufacture of digital-imaging solutions. The company operates in two main categories namely ‘Off the Shelf Products’ and ‘Market Specific Solutions / Project’.

Objectives of Highness Microelectronics IPO

The company proposes to utilise the net proceeds received for:

• Funding the capital expenditure towards setting up an assembly line at factory situated at R-364, TTC Industrial Area, Rabale, Mumbai.

• Funding its working capital requirement.

• Repayment and/or pre-payment, in full or part, of borrowing availed by the company.

• General corporate purposes.

Industry Outlook

The Indian electronics system design and manufacturing (ESDM) sector is one of the fastest growing sectors in the economy and is witnessing a strong expansion in the country. The ESDM market in India is well known internationally for its potential for consumption and has experienced constant growth. With a firm commitment, India aims to achieve US$ 30000 crores worth of electronics manufacturing and exports totaling USD 12000 crores by 2025-26.

About Highness Microelectronics

Highness Microelectronics is an ISO 9001:2015 and ISO 13485:2016 certified company, engaged in the design, development, integration, assembly and manufacture of digital-imaging solutions. The company operates in two main categories namely ‘Off the Shelf Products’ and ‘Market Specific Solutions / Project’. The company was originally incorporated on September 6, 2007.

Strengths of Highness Microelectronics

• Quality standards and ISO certified organisation.

• Customisation expertise.

• Weather-resistant display solutions.

• Solid and loyal customer base

Risks of Highness Microelectronics

• Any shortage in supply, fluctuations in raw material prices, restrictions on imports, or an increase in shipment costs.

• Reliance on a few suppliers, the loss of which may have an adverse effect on business.

• Adverse developments affecting procurement in China.

• Loss of certain customers or cancellation by customers or a delay or reduction in their orders.

• Business has experienced employee attrition over the past three financial years, which may impact operational continuity and increase recruitment and training costs.

Anchor Investor Bidding Date: March 23, 2026

Registrar: Skyline Financial Services Private Limited

Book Running Lead Managers: Fintellectual Corporate Advisors Private Limited

Highness Microelectronics Business Model

Highness Microelectronics operates in two main categories namely ‘Off the Shelf Products’ and ‘Market Specific Solutions / Project’. Under the ‘Products’ category, the company offers flat panel displays like thin film transistors (‘TFT’), liquid crystal display (‘LCD’) module, display controllers, electrolumiscent displays, etc.

‘Market-specific solution/ Project’ category includes display-monitors in form factors such as open-frame displays, panel-mount displays, industrial grade displays and medical grade display monitors.

Highness Microelectronics Growth Trajectory

Highness Microelectronics’s Total Income for FY25 was ₹14.173 crores, whereas in FY24 and FY23 it was ₹10.993 crores and ₹9.907 crores, respectively.

The Profit After Tax for FY25 was ₹2.522 crores, whereas in FY24 and FY23 it was ₹2.387 crores and ₹0.443 crores, respectively.

Their EBITDA for FY25 was ₹4.518 crores, whereas in FY24 and FY23 it was ₹5.965 crores and ₹3.129 crores, respectively.

Highness Microelectronics Market Position

Over the years, they have developed a solid and loyal customer base, and while they don’t have formal long-term agreements in place, many customers continue to return. This consistent support has been instrumental in strengthening their business over time.

As of 31 March 2025, the company’s Total Income, Profit After Tax, and EBITDA were ₹14.173 crores, ₹2.522 crores, and ₹4.518 crores, respectively.

How to apply for Highness Microelectronics IPO?

• Step 1: Log in to your Kotak Neo Demat account to access IPO investments. Next, select the current IPO section.

• Step 2: Specify IPO details. Enter the number of lots and the price you wish to apply for.

• Step 3: Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

• Step 4: Mandate Notification. Your UPI app will receive a mandate notification to block funds.

• Step 5: Approve Request. Your funds will be blocked once you approve the mandate request on your UPI