Highness Microelectronics IPO
Semiconductors - Highness Microelectronics designs and manufactures semiconductor components for consumer electronics
Price Band
Rs 114 - 120
Cut-off: Rs 120 per share
Lot: 1,200 - Min Rs 1.44L
Open
31 Mar 2026
Last Day
03 Apr 2026
Allotment
05 Apr 2026
Listing
08 Apr 2026
GMP Today
+Rs 8
+6.7% premium
Est. Listing Price
GMP BasedRs 128
Issue Price + GMP (Dynamic)
Est. Profit (1 Lot)
GMP Based+Rs 9,600
+6.7% (1200 shares)
Subscription
42.5x
Final
Range: +1.2000000000000002% to +9.2%
Confidence: Moderate - 62%
Confidence Score - 62%
Issue Details
Total Issue Size
Rs 21.67 Cr
Price Band
Rs 114 - 120
Fresh Issue vs OFS
Objects of the Issue (as per DRHP)
- 1Expanding semiconductor manufacturing capacity
- 2Investment in advanced chip design capabilities
- 3Working capital requirements
- 4General corporate purposes
Company Financials
Revenue Growth
FY23
Rs 12.8 Cr
FY24
Rs 18.5 Cr
FY25
Rs 24.2 Cr
Other Financial Metrics
EBITDA (FY25)
Rs 4.4 Cr
ROE
19.8%
Return on Equity
ROCE
17.2%
Return on Capital
Debt/Equity
0.35
Low Debt
2-Year CAGR
P/E Ratio
18.6x
At upper band
Market Cap
~86 Cr
Post issue
MARKET SENTIMENT SCORE
Based on expert reviews, GMP trends & market signals
Expert Reviews & Opinions
By Akshat Shrivastava
Moderate semiconductor play. Valuations stretched in current market. Listing gains likely limited.
By ET Markets
Decent subscription but GMP cooling off. Market conditions not favourable for aggressive listing gains.
Reviews are AI-summarized from top financial YouTubers, news channels, and other expert sources. Each summary is limited to 2 lines for quick reading.
Peer Comparison
Comparing with 2 listed peers| Company | Market Cap | Revenue | PAT | P/E | P/B | ROE |
|---|---|---|---|---|---|---|
HM Highness MicroelectronicsIPO | ~86 Cr | Rs 24.2 Cr | Rs 3.1 Cr | 18.6x | - | 19.8% |
| Vedanta Semiconductors | 85.0K Cr | 12.0K Cr | 2.4K Cr | 35.4x | 4.2x | 12.8% |
| SPEL Semiconductor | 2.8K Cr | 180 Cr | 25 Cr | 112x | 8.5x | 8.2% |
| Peer Average | 43.9K Cr | 6.1K Cr | 1.2K Cr | 73.7x | 6.3x | 10.5% |
Quick Analysis
- Highness Microelectronics's P/E of 18.6x is lower than the peer average of 73.7x, suggesting relatively attractive valuation.
- ROE of 19.8% is above peer average (10.5%), indicating better return on equity.
- Market cap post-listing would place Highness Microelectronics below peer average in terms of size.
* All peer data is from publicly available sources. Financial figures are latest reported annual numbers.
IPO Details
| Open Date | 31 Mar 2026 |
| Close Date | 03 Apr 2026 |
| Allotment Date | 05 Apr 2026 |
| Listing Date | 08 Apr 2026 |
| Issue Type | Book Build Issue |
| Issue Size | Rs 21.67 Cr |
| Fresh Issue | 21.67 Cr (100%) |
| OFS | Nil |
| Face Value | Rs 10 per share |
| Price Band | Rs 114 - 120 |
| Lot Size | 1,200 shares |
| Min Investment (Retail) | Rs 1.44L |
| Listing Exchange | BSE SME |
Company Information
| Company Name | Highness Microelectronics Ltd |
| Industry | Semiconductors |
| Registrar | Link Intime India |
| Lead Manager | Beeline Capital |
| Market Cap (Upper) | ~86 Cr |
| P/E (Upper Band) | 18.6x |
About the Company
Highness Microelectronics designs and manufactures semiconductor components for consumer electronics.
Check Allotment Status
Check your Highness Microelectronics IPO allotment status on the registrar website.
Link Intime India
IPO Registrar
Disclaimer
IPOGyani is not SEBI registered and does not provide investment advice. All information is for educational purposes only.
AI predictions are probabilistic estimates based on historical data and market trends. Past performance is not indicative of future results.
GMP (Grey Market Premium) data is sourced from various unofficial channels and may not be accurate. Always verify from multiple sources.
Investors should do their own research (DYOR) and consult a SEBI registered advisor before investing.