Highness Microelectronics BSE SME IPO GMP Today: +5% | Analysis & Score
Highness Microelectronics BSE SME IPO GMP is +5% as of 20 March 2026. Read our analysis covering grey market premium, subscription status, composite score (4/10), and whether you should apply.
Highness Microelectronics BSE SME IPO Overview
| Detail | Value |
|---|---|
| Issue Price | ₹120 |
| GMP | +₹6 |
| GMP % | +5% |
| Estimated Listing | ₹126 |
| Subscription | N/A |
| Lot Size | 1200 shares |
| IPO Size | ₹20.58 Cr |
| Category | SME |
| Open Date | 24-Mar |
| Close Date | 27-Mar |
| Listing Date | 2-Apr |
| Sentiment | Neutral |
Staqq Score: 4/10 (Weak)
Our composite score evaluates this IPO across four key dimensions:
- GMP Signal: 4.4/10 (35% weight)
- Subscription Strength: 0.0/10 (30% weight)
- Company Quality: 4.0/10 (20% weight)
- Issue Size Signal: 3.0/10 (15% weight)
Confidence: medium
GMP Analysis
The GMP for Highness Microelectronics BSE SME is currently at +₹6 (+5%), which is a modest premium. The market sentiment is neutral to slightly positive. This suggests the IPO may list near or slightly above the issue price of ₹120.
Subscription Status
Subscription data will be available once the IPO opens for bidding.
Should You Apply?
Caution is warranted here. The data shows below-average signals on key metrics. Unless you have strong conviction about the company fundamentals, it might be worth sitting this one out.
Last updated: 20 March 2026. GMP and subscription data change frequently. Check the Highness Microelectronics BSE SME IPO page for the latest numbers.
Data sourced from grey market dealers and exchange filings. GMP is an unofficial indicator and should not be the sole basis for investment decisions.