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Highness Microelectronics Ltd.

SME
ListedListed on 2 Apr 2026+4.2%

Price Range

₹114–120

Issue Size

₹ 16 Cr

Lot Size

2400 Shares

Min. Investment

₹ 2,73,600

Financial Summary

(in crores)
ParticularsFY 2024-25FY 2023-24
Operating Revenue1,40,737.821,07,046.22
Other Income1,000.292,887.46
Total Income1,41,738.111,09,933.68
Total Expenses94,484.5347,244.8
Profit Before Tax32,660.1131,621.51
Total Profit24,726.8423,726.08

Subscription Details

180.32xTotal
Subscription
Retail
185.10x
NII - Small
0.00x
NII - Big
0.00x
QIB
81.95x
Employees
0.00x

IPO Timeline

IPO Offer Start

24 Mar 2026

IPO Offer Ends

27 Mar 2026

Listing Date

2 Apr 2026

Use of Proceeds

#PurposeAmount (₹ Cr)
1Funding the capital expenditure requirements of our Company50
2Funding the Working Capital Requirement of our Company55
3Repayment and/or prepayment, in full or part, of borrowing availed by our 21

Promoters

Gaurav Manjul KejriwalManjul Kumar KejriwalShruti Gaurav Kejriwal

Promoter Shareholding

Pre-IPO

99.90%

Promoter stake

Post-IPO

64.90%

Promoter stake

Offered to Public

12,94,800

shares

Post Share Capital

33,54,090

shares

About the Company

We are engaged in the business of providing products and solutions towards electronics system design and manufacturing (“ESDM”) services with a focus on high value precision engineering products. We offer tailored solutions to meet our customers’ specific needs, covering assembly and integration of precision components. Based on the client’s specifications, we design and manufacture the required products. We are specialized in design and supply of embedded systems, particularly in the defense, space, and industrial automation sectors. Our solutions mainly include: (i) printed circuit board design and assembly, (ii) end-to-end design services from concept and engineering to prototype development and manufacturing of products. These comprehensive services help our customers reduce manufacturing costs, streamline supply chain management, and minimize inventory obsolescence. It is important to note that while we manage the full process, fabrication is carried out by external partners. Our Company offers a diverse portfolio of products and services across multiple industry sectors. We have consistently evolved to align with emerging technologies, dynamic customer requirements, and ongoing industry advancements. Our product offerings include: (1) embedded products and systems, (2) display and sensor solutions, and (3) turnkey systems. In addition to these, we also provide mechanical designing services to our customers, offering complete support from concept to final product.

Use of Proceeds

1. Funding the capital expenditure towards setting up an assembly line at factory situated at R-364, TTC Industrial Area, Rabale, Mumbai-400701. 2. Funding the working capital requirement of our Company. 3. Repayment and/or pre-payment, in full or part, of borrowing availed by our Company. 4. General Corporate Purposes