Highness Microelectronics
Listing performance
Scheduled dates
Tentative timetable — a past date is not confirmation the step completed
Grey market premium
Unofficial and indicative — not a forecast
3 observations recorded — too few to plot a trend.
Day-wise premium · 3 observations
| Date | GMP | % | Sauda | Est. listing | Gain / lot |
|---|---|---|---|---|---|
| 02 Apr 2026 | ₹27 | +22.50% | ₹24,600 | ₹147 | ₹32,400 |
| 01 Apr 2026 | ₹27 | +22.50% | ₹24,600 | ₹147 | ₹32,400 |
| 31 Mar 2026 | ₹20 | +16.67% | ₹18,200 | ₹140 | ₹24,000 |
Gain per lot assumes the premium holds to listing and that the application is allotted — allotment in an oversubscribed issue is a lottery, so it is indicative, not expected. Sauda is the rate paid for a submitted application itself.
Issue details
- IPO date
- 24 Mar 2026 – 27 Mar 2026
- Listing date
- 02 Apr 2026
- Face value
- ₹10 per share
- Price band
- ₹114 – ₹120
- Issue price
- ₹120 per share
- Lot size
- 1,200 shares
- Issue type
- Book Building issue
- Listing at
- BSE
- Total issue size
- ₹21.67 Cr
- Market cap at offer price
- ₹61.96 Cr
- Promoter holding
- 99.90% → 64.96% pre-issue → post-issue
- ISIN
- INE1KI801019
- Registrar
- Skyline Financial Services Pvt.Ltd.
- Lead managers
- Fintellectual Corporate Advisors Pvt.Ltd.
- Registered office
- Office 1C3, 1st Floor, Gundecha Onclave, Kherani Road, Saki Vihar, Andheri (East), Maharashtra
Reservation and application size
How the issue is split between investor categories, and what each may bid
| Investor category | Shares | % of net | % of total |
|---|---|---|---|
| Anchor investor · within QIB | 5,11,200 | — | — |
| Market maker | 91,200 | — | — |
Application size
Minimum 1,200 shares per lot, in multiples, at ₹120
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1,200 | ₹1,44,000 |
| S-HNI (min) | 2 | 2,400 | ₹2,88,000 |
| S-HNI (max) | 6 | 7,200 | ₹8,64,000 |
| B-HNI (min) | 7 | 8,400 | ₹10,08,000 |
Category limits
| Category | Bid size | Cut-off |
|---|---|---|
| Retail (RII) | Up to ₹2 lakh | Yes |
| Small HNI (sNII) | ₹2 lakh – ₹10 lakh | No |
| Big HNI (bNII) | Above ₹10 lakh | No |
| Employee | Up to ₹5 lakh | Yes |
Bidding at cut-off means accepting the final issue price without naming one. Only retail and employee applicants may do so.
Anchor investors
Institutional allocation placed a day before the issue opens, carved out of the QIB portion and locked in after listing.
Valuation and performance
Valuation at offer price
₹120 per share
| Metric | Pre-issue | Post-issue |
|---|---|---|
| EPS (₹) | 7.19 | 8.81 |
| P/E (×) | 16.69 | 13.62 |
| Price to book (×) | 6.37 | — |
| Market cap | — | ₹61.96 Cr |
Key performance indicators
Latest reported period
- Return on net worth
- 47.09%
- ROCE
- 42.09%
- Debt / equity
- 0.74
- EBITDA margin
- 32.11%
- NAV per share
- ₹18.85
- Price to book
- 6.37
Single period as reported. Year-on-year movement is in the financials table below, where every period is published.