Highness Microelectronics Ltd. IPO

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:

1. Off-the-Shelf Products: These includes Flat Panel Displays like TFT and LCD modules , Display Controllers. Electroluminescent and Vacuum Fluorescent Displays, Touch Screens, Cable Assemblies and Harnesses, Backlight Drivers & Inverters, Display Enhancement Solutions.

Display Enhancement Solutions includes high brightness for outdoor and sunlight, wide temperature range for harsh environments, EMI shielding for critical operations. NVIS (Night Vision) compatibility, Optical bonding for better clarity, Vandal-proofing and cover glass for anti-glare, anti-reflection, and anti-smudge protection

2. Market-Specific Solutions / Projects: It offers customized display monitors in formats like Open-frame, Panel-mount, Industrial-grade, and Medical-grade used across industries like Industrial Automation, Medical and Healthcare, Transportation (Trains, Metros, Automobiles), and Surveillance and Defence.

Competitive Strengths:

  • Quality Standards and ISO certified organization
  • Customization Expertise
  • Strong relationship with customers
  • Weather-Resistant Display Solutions

Company Financials (Restated)

Period Ended31 Dec 202531 Mar 202531 Mar 202431 Mar 2023
Assets24.0314.318.204.78
Total Income14.4114.1710.999.91
Profit After Tax3.412.522.390.44
EBITDA5.554.525.973.13
NET Worth10.036.624.101.71
Reserves and Surplus6.523.114.091.70
Total Borrowing8.204.931.381.36
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

#Issue ObjectsEst Amt (₹ Cr.)
1Funding the capital expenditure towards setting up an assembly line at factory situated at R-364, TTC Industrial Area, Rabale, Mumbai-4007015.27
2Funding the working capital requirement of our Company.6.71
3Repayment and/or pre-payment, in full or part, of borrowing availed by our Company.1.89
4General Corporate Purposes * 
 Total13.87

Key Performance Indicator (KPI)

KPIDec 31, 2025Mar 31, 2025
ROE40.97%47.09%
ROCE36.88%42.09%
Debt/Equity0.820.74
RoNW40.97%47.09%
EBITDA Margin39.26%32.11%
Price to Book Value4.206.37
 Pre IPOPost IPO
EPS (₹)7.198.81
P/E (x)16.713.63

Highness Microelectronics IPO Details

IPO Date 24 to 27 Mar, 2026
Listing Date Thu, Apr 2, 2026T
Face Value ₹10 per share
Price Band ₹114 to ₹120
Lot Size 1,200 Shares
Sale Type Fresh capital cum OFS
Issue Type Bookbuilding IPO
Listing At BSE SME
Total Issue Size 18,06,000 shares (agg. up to ₹22 Cr)
Reserved for Market Maker
91,200 shares (agg. up to ₹1 Cr)
Fresh Issue (Ex Market Maker) 15,62,400 shares (agg. up to ₹19 Cr)
Offer for Sale 1,52,400 shares of ₹10 (agg. up to ₹2 Cr)
Net Offered to Public 17,14,800 shares (agg. up to ₹21 Cr)
Share Holding Pre Issue 35,10,000 shares
Share Holding Post Issue 51,63,600 shares

Highness Microelectronics IPO Promoter Holding

Mr. Gaurav Manjul Kejriwal, Mr. Manjul Kumar Kejriwal, and Mrs. Shruti Gaurav Kejriwal are the company promoters.

Share Holding Pre Issue99.90%
Share Holding Post Issue64.96%

SHARIAH SCREENING for - Highness Microelectronics Ltd. IPO

BUSINESS SCREEN

FINANCIAL RATIOS

As per our analysis and Based on the information we have, this is the output.
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