ListedSMEIT - HardwareHIGHNESS

Highness Microelectronics IPO

Highness Microelectronics IPO is an SME IPO raising ₹22 Cr at ₹114 – ₹120 a share. It listed on 2 Apr 2026 at ₹125, +4.2% against its issue price of ₹120, and trades at ₹307 today (+155.5% since issue). It was subscribed 192× in total.

₹120
Issue price
₹307
Price now
+155.5%
Since issue price
2 Apr 2026
Listed on
192×Subscribed (final) · all exchanges

192.1 times more demand than shares on offer

populated partly populated we hold nothing here — the tab says why

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Price band₹114 – ₹120
Cut-off price₹120
Issue size₹22 Cr
Shares per lot1200
Minimum application₹1,44,000
Minimum quantity2400
Face value₹10
Listing exchangesBSE
ISININE1KI801019
Bidding hours10:00 – 17:00 IST
Bidding window24 Mar 2026 – 27 Mar 2026
SME
What being an SME issue means here. SME issues list on NSE Emerge or BSE SME. They disclose less than mainboard issues, trade far more thinly, and — by regulation — the minimum application is a full lot worth roughly ₹1–1.5 lakh rather than about ₹15,000. That is why the minimum above is so much larger than for a mainboard issue.

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.