Highness Microelectronics IPO
Highness Microelectronics IPO Details
Highness Microelectronics IPO, a 100% book-built issue of 18.06 lakh equity shares worth up to ₹22 Cr, comprising a fresh issue of 15.62 lakh shares worth up to ₹19 crore and an offer for sale (OFS) of 1.52 lakh shares of ₹10 crore. The company has filed its DRHP with SEBI on Sep 30, 2025.
The price band for the issue is set at ₹114 to ₹120 per share, while the minimum amount required for investment by an individual investor (retail investor) is meant to cross ₹2 lakh (for 2 lots). The lot size for an application is 1,200. The IPO will open for subscription on March 24 to 27, 2026, on the BSE SME platform, with a tentative listing date fixed as April 2, 2026. The book-running lead manager (BRLM) for this issue is Fintellectual Corporate Advisors Private Ltd., while the registrar to the issue is Skyline Financial Services Private Ltd.
Highness Microelectronics IPO Date & Timeline
The Highness Microelectronics IPO is officially set to open for subscription on March 24, 2026 and will close on March 27, 2026. The company initially filed its Draft Red Herring Prospectus (DRHP) on September 30, 2025 and has now finalized its schedule following SEBI approval. Once the subscription window closes, the basis for allotment is expected to be finalized on March 30, 2026. Following this, the company will initiate refunds and credit shares to successful investors’ demat accounts on April 1, 2026. Finally, the Highness Microelectronics Ltd. shares are tentatively scheduled to list on the stock exchanges on April 2, 2026.
Highness Microelectronics IPO GMP (Grey Market Premium)
“Grey Market Premium” or GMP is defined as the rate at which the IPO’s shares are traded in the market before they are officially listed on the stock exchange.
The Highness Microelectronics IPO GMP is currently trading at ₹[.], reflecting unofficial investor sentiment ahead of the official listing. This premium suggests a potential listing price of ₹[.], which is [.]% above the issue price. While the Grey Market Premium is a key indicator of demand and investor appetite, it is important to remember that GMP is highly volatile and should not be the sole factor in your investment decisions.
