Mumbai, March 29 (Sunday) – Highness Microelectronics Limited is set to finalize its IPO allotment on March 30, 2026, after witnessing an overwhelming 180.33 times subscription on the BSE SME platform, driven by exceptional demand across investor categories.
The issue received bids for 23.34 crore shares against an offer size of 12.94 lakh shares, reflecting strong investor appetite, particularly from non-institutional and retail segments.
Subscription Details (BSE SME)CategoryShares OfferedApplicationsShares BidSubscription (x)QIBs3,42,000512,80,26,00081.95xNIIs3,50,40013,6799,39,51,600268.13x• NII (> ₹10 lakh)1,72,8008,7587,56,42,000437.74x• NII (≤ ₹10 lakh)86,4004,9211,83,09,600211.92xRetail (2...