Highness Microelectronics IPO Allotment Status: Issue Subscribed 180.33x on BSE SME; Check Status via Skyline, BSE

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)​

The NII segment led demand with a massive 268.13x subscription, while retail investors subscribed 185.11x, highlighting strong participation in the SME offering. QIB demand also remained robust at 81.95x.

Price Band Demand Trend​

Demand remained consistently strong across the price band, indicating aggressive bidding throughout the issue period.

IPO Timeline​

How to Check Highness Microelectronics IPO Allotment​

Allotment status can be checked through registrar and exchange platforms:

1. Through Skyline Financial Services (Registrar)​

Visit: https://www.skylinerta.com/display_ipo_rightissue_allotment.php
Select Highness Microelectronics Limited from the dropdown.
Choose one of the identifiers:

• Application Number
• DPID/Client ID
• PAN

Enter the required details.
Click Submit to view your allotment status.

2. Through BSE​

Visit: https://www.bseindia.com/investors/appli_check.aspx
Select Equity under Issue Type.
Choose Highness Microelectronics Limited from the dropdown.
Enter Application Number and PAN.
Click Search to view the status.

Demand Insights​

The IPO saw extraordinary oversubscription across all investor categories, with the high-net-worth segment (NII > ₹10 lakh) recording the strongest demand at 437.74x. Retail participation was equally aggressive, indicating strong interest in SME listings.
The high subscription levels suggest intense competition for allotment, with limited chances for retail investors to receive full allocation.

What’s Next​

Post allotment finalization on March 30, refunds and share credits are scheduled for April 1, followed by listing on the BSE SME platform on April 2, 2026. Anchor investor lock-in periods will begin post allotment as per regulatory timelines.

About the Company​

Highness Microelectronics Limited operates in the electronic display and imaging solutions space, focusing on the design, development, integration, and manufacturing of digital display systems.
The company offers a diversified portfolio spanning flat panel displays, TFT and LCD modules, touchscreens, display controllers, and cable assemblies, along with specialized display enhancement solutions. It also delivers custom-built display systems, including industrial-grade and medical-grade monitors, under its project-based solutions segment.
Its offerings cater to a wide range of industries such as industrial automation, healthcare, railways, automotive, defence, and aerospace, positioning the company as a solutions provider for both standard and application-specific requirements. The company generates revenue through a mix of product sales and customized project deployments across these sectors.