Highness Microelectronics Secures Exchange Approval For IPO

Highness Microelectronics Limited has obtained approval from the exchange to launch its Initial Public Offer (IPO) on January 1, 2026. The approval, granted by BSE SME, is valid for 12 months, enabling the company to proceed with the next steps subject to market conditions and regulatory requirements.

The IPO will be a Book Build Issue comprising a fresh issue of up to 0.17 crore equity shares and an offer for sale (OFS) of up to 0.02 crore equity shares. Key details such as price band, lot size, and opening dates are yet to be announced.

Exchange Approval and IPO Structure

The exchange approval marks a significant milestone for Highness Microelectronics as it prepares for its public listing. The IPO will consist of 0.18 crore equity shares, including a fresh issue and an OFS component.

The equity shares are proposed to be listed on the BSE SME platform, which caters to small and medium enterprises. Fintellectual Corporate Advisors Pvt. Ltd. has been appointed as the book running lead manager, while Skyline Financial Services Pvt. Ltd. will act as the registrar of the issue.

Company Profile and Product Offerings

Incorporated in 2007, Highness Microelectronics Limited is an ISO 9001:2015 and ISO 13485:2016 certified company specialising in digital imaging solutions. The company designs, develops, assembles, and manufactures advanced display technologies for industrial and medical applications.

Its product portfolio includes off-the-shelf components such as TFT and LCD modules, Display Controllers, Electroluminescent and Vacuum Fluorescent Displays, Touch Screens, Cable Assemblies, and Backlight Drivers. Display enhancement solutions feature high brightness for outdoor use, wide temperature range for harsh environments, EMI shielding, NVIS compatibility, optical bonding, and vandal-proofing.

Customised Solutions for Diverse Industries

Highness Microelectronics also offers customised display monitors in formats such as open-frame, panel-mount, industrial-grade, and medical-grade designs. These solutions cater to industries including industrial automation, healthcare, transportation systems like trains and metros, and defence surveillance.

Each customised solution is engineered to meet stringent operational requirements, ensuring durability and reliability in demanding environments. The company’s expertise in tailoring solutions to client specifications strengthens its position in niche markets.

Read More: 2026 IPO Pipeline, Many Companies Set for Big Listings.

Conclusion

The exchange approval for Highness Microelectronics’ IPO marks the beginning of its journey towards becoming a publicly listed entity. With a robust product portfolio, customisation expertise, and ISO-certified processes, the company aims to leverage capital markets for expansion.

The next steps, including finalisation of issue details and regulatory clearances, will determine the timeline for the IPO launch. Market participants await further updates on this development.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.