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₹120 - 120
Highness Microelectronics Ltd
ElectronicsIPOSME
₹120 - 120
Highness Microelectronics Limited is an ISO 9001:2015 and ISO 13485:2016 certified Company, engaged in the Design, Development, Integration, Assembly and Manufacture of Digital-Imaging Solutions. Our Company operates in two main categories namely `Off the Shelf Products' and `Market Specific Solutions / Project'.
Lot1,200Min Invest₹2,88,000Face Value₹10Issue Size₹22 CrFresh Issue₹20 CrOffer for Sale₹2 CrListing Price₹125CMP₹307
Timeline
24 Mar
Bidding opens
27 Mar
Bidding closes
30 Mar
Allotment
1 Apr
Refund & demat credit
2 Apr
Listing
Subscription
Subscription opens once dates are announced
Reports
Offer Details
Terms
Issue Size₹22 Cr0.18 Cr shares
Fresh Issue₹20 Cr
Offer for Sale₹2 Cr
Face Value₹10
Lot Size1,200 shares
ReservationQIB 49.75% · NII 15.12% · RETAIL 35.13%
Application Sizes
Retail₹2,88,0001-1 lots
sNII₹2,88,000from 2 lots
bNII₹10,08,000from 7 lots
Managers & Registrar
Lead ManagerFintellectual Corporate Advisors Private Limited
RegistrarSkyline Financial Services Pvt
Ownership & Proceeds
Offer for Sale
Selling ShareholderShares OfferedAmt ₹ CrGaurav Manjul KejriwalPRMTR38,4000.46Manjul Kumar KejriwalPRMTR1,14,0001.37Total1,52,4001.83
Shareholding
CategoryPre IPOPost IPOPromoter Group99.9%64.96%Public0.1%35.04%
Objects of the Issue
- Funding the capital expenditure towards setting up an assembly line at factory situated at R-364, TTC Industrial Area
- Funding the working capital requirement of the Company
- Repayment and/or pre-payment, in full or part, of borrowing availed by the Company.
- General Corporate Purposes
Anchor Book
Bid Date23-Mar-2026
Financials
Profit & Loss
| Financial Year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| RevenueCr | 7 | 10 | 11 | 14 | 16 |
| Operating ProfitCr | 1 | 3 | 6 | 5 | 7 |
| OPM% | 9.7 | 32.4 | 55.7 | 32.1 | 41.0 |
| PBTCr | 0 | 1 | 3 | 3 | 5 |
| PATCr | 0 | 0 | 2 | 2 | 4 |
| EPS | 258 | 1 | 7 | 5 | 8 |
Balance Sheet
| Financial Year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Equity CapitalCr | 0 | 0 | 0 | 4 | 5 |
| ReservesCr | 1 | 2 | 4 | 2 | 22 |
| BorrowingsCr | 2 | 1 | 1 | 5 | 8 |
| Fixed AssetsCr | - | - | - | - | 3 |
| Total AssetsCr | 5 | 5 | 8 | 14 | 46 |
Cash Flow
| Financial Year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Operating Cash FlowCr | 1 | 5 | 3 | -1 | 5 |
| Investing Cash FlowCr | 0 | -4 | -3 | -2 | -2 |
| Financing Cash FlowCr | -1 | -2 | 0 | 3 | 19 |
| Net Cash FlowCr | 0 | 0 | 0 | 0 | 22 |
Strengths & Risks
Strengths · as stated in the DRHP
- Quality Assurance and Quality Control of our products.
- Experienced and Qualified Management and Employee base.
- Strong, cordial & long-term relationship with our clients.
- Tailored/ Customised solutions to Customers as per their requirements.
- Wide range of product portfolio.
Strategies · as stated in the DRHP
- Expand and Improve Our Product Range.
- Maintain High Quality Standards.
- Maintain Strong Relationships with Suppliers, Customers, and Employees.
- Attract and Keep Employees.
Risks · as stated in the DRHP
- The company's manufacturing activity is dependent on the availability and cost of raw materials. Any shortage in supply, fluctuations in raw material prices, restrictions on imports, or an increase in shipment costs may adversely affect its business operations, financial condition, results of operations, and cash flows.
- The company relies on limited suppliers for its products, loss of these suppliers may have an adverse effect on the company's business, results of operations and financial conditions.
- The company sources its majority of the raw materials from international market i.e. China. Any adverse developments affecting the company's procurement in this region could have an adverse impact on its revenue and results of operations
- The company is dependent on certain customers and the loss of any of these customers or cancellation by customers or a delay or reduction in their orders could have a material adverse effect on its business, results of operations and financial condition.
- The company's business has experienced employee attrition over the past three financial years, which may impact operational continuity and increase recruitment and training costs. High turnover could also affect the retention of key talent and expertise critical to the company's growth and performance.
- Certain portion of its imports and exports are denominated in foreign currencies; the company does not hedge its foreign exchange exposure; adverse currency fluctuations may materially impact the company's profitability and liquidity.