IPO News

Highness Microelectronics SME IPO: GMP & Subscription Update

The Highness Microelectronics Limited (HML) IPO has concluded its bidding process with an overwhelming response from investors. As of today, March 29, 2026, all eyes are on the allotment process and the Grey Market Premium (GMP), which has seen a steady rise throughout the issue period.

Grey Market Premium (GMP) & Listing Estimates The GMP has surged significantly, reflecting the massive oversubscription on the final day of the IPO. Current GMP: ₹30.00 per share (as of March 27-29). IPO Price: ₹120.00 (Upper Band). Estimated Listing Price: ₹150.00. Implied Listing Gain: 25.00%. Note: Grey Market Premium is an unofficial indicator and can be volatile. It should not be the sole basis for an investment decision.