How to Check Highness Microelectronics IPO Allotment Status

Incorporated in 2007, Highness Microelectronics Limited is an ISO 9001:2015 and ISO 13485:2016 certified company that designs, develops, assembles, and manufactures digital imaging solutions.

The company offers two main types of products: Off-the-Shelf Products (including Flat Panel Displays like TFT and LCD modules, Display Controllers, Electroluminescent and Vacuum Fluorescent Displays, Touch Screens, Cable Assemblies and Harnesses, Backlight Drivers & Inverters, and Display Enhancement Solutions covering high brightness for outdoor and sunlight, wide temperature range, EMI shielding, NVIS compatibility, optical bonding, and vandal-proofing) and Market-Specific Solutions/Projects (customised display monitors in Open-frame, Panel-mount, Industrial-grade, and Medical-grade formats used across Industrial Automation, Medical and Healthcare, Transportation, and Surveillance and Defence industries).

Highness Microelectronics IPO is a book build issue of ₹21.67 crore, comprising a fresh issue of 0.17 crore shares aggregating to ₹19.84 crore and an offer for sale of 0.02 crore shares aggregating to ₹1.83 crore. The IPO opened on March 24, 2026, and closed on March 27, 2026. The allotment is expected on Monday, March 30, 2026. The share price band was set at ₹114 to ₹120 per share.

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Steps to Check Highness Microelectronics IPO Allotment Status on Registrar Site

• Visit the BSE IPO Allotment Status Page Skyline Financial Services Pvt. Ltd.
• Select "Highness Microelectronics" from the dropdown menu on the allotment status page
• Enter your PAN ID, Demat Account Number, or Application Number in the designated field
• Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check Highness Microelectronics IPO Allotment Status on BSE/NSE

• Navigate to the BSE SME IPO Allotment Status Page
• Select the issue type: equity/debt
• Choose "Highness Microelectronics" from the list of active IPOs in the dropdown menu
• Input your Application Number and PAN ID in the required fields
• Verify the captcha and click "Search" to check your allotment status

Highness Microelectronics IPO Subscription Status

Highness Microelectronics IPO subscribed 193.20 times overall. Here is the category-wise breakdown as of 4:49:44 PM on March 27, 2026:

• QIB Category (Ex Anchor): 81.95 times
• Non-Institutional Investors (NII): 361.94 times
• Individual Investors: 183.75 times

Highness Microelectronics IPO Share Price and Investment Details

The minimum investment required was ₹2,88,000 for 2 lots (2,400 shares) for individual investors. The issue raised ₹6.13 crore from anchor investors. The issue includes a reservation of up to 91,200 shares for the market maker, Rainbow Securities Pvt. Ltd. The anchor investor lock-in period ends on April 29, 2026 for 50% of shares (30 days) and June 28, 2026 for the remaining shares (90 days). Given the overall subscription of 193.20 times with strong institutional interest at 81.95 times, exceptional NII participation at 361.94 times, and robust individual investor subscription at 183.75 times, the share price listing expectations remain highly positive.

Utilisation of IPO Proceeds

The proceeds will be utilised for funding capital expenditure towards setting up an assembly line at the factory situated at R-364, TTC Industrial Area, Rabale, Mumbai (₹5.27 crore), funding the working capital requirements of the Company (₹6.71 crore), repayment and/or pre-payment, in full or in part, of borrowings availed by the Company (₹1.89 crore), and general corporate purposes.

Business Overview

Highness Microelectronics Limited is engaged in the design, development, integration, assembly, and manufacture of digital imaging solutions. Boosted bottom lines from FY24 onwards raise eyebrows and concern over sustainability going forward.

The company demonstrated financial performance with total income of ₹14.17 crore for FY2025 and a net worth of ₹10.03 crore as of December 31, 2025. The company benefits from quality standards and ISO certification, customisation expertise, strong relationships with customers, and weather-resistant display solutions. However, investors should note the post-issue P/E ratio of 13.63 and Price to Book Value of 4.20.