Highness Microelectronics SME IPO Subscription Status

A subscription of 193.99x means the IPO received bids for 194 times the number of shares available. For every 194 applications, only 1 can receive an allotment.

Here is what each category number tells you:

QIB at 81.95x: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 81.95x, it reflects serious institutional conviction.

NII at 362.47x: NII includes high net worth individuals applying above Rs 2 lakh. At 362.47x, allotment probability for NII applicants is very low. The bNII segment came in at 437.74x and sNII at 211.92x.

Retail at 185.11x: Retail investors applying up to Rs 2 lakh saw 185.11x subscription. Allotment in the retail category is done by lottery when oversubscription exceeds 1x. At 185.11x applications received, roughly 1 in 185 retail applicants can expect an allotment (~1%).

Based on the final subscription data, here is a realistic view of allotment probability by category.

Retail Category: Retail subscription came in at 185.11x based on shares applied and 185.11x based on applications. In the retail category, SEBI mandates a minimum of one lot per applicant when possible. Allotment is done by lottery. At 185.11x applications received, approximately 1 in 185 retail applicants can expect an allotment. Applying from multiple accounts does not improve individual chances but increases household probability if each account is eligible.

NII Category: NII allotment is proportional, not by lottery. At 362.47x, an NII applicant applying for the minimum NII lot can expect a very small proportional allotment. Larger NII applications receive proportionally more shares but the effective return per rupee invested is diluted significantly at this oversubscription level.

QIB Category: QIB allotment is discretionary and handled by the book running lead managers. Retail investors do not participate in this category.

Check the Highness Microelectronics SME IPO Allotment Status page from 30 March 2026 for your allotment result.

GMP for Highness Microelectronics SME stands at Rs 27.00 today, giving an estimated listing price of Rs 147.00 per share.

The GMP has moved up from Rs 4.00 on 19 Mar 2026 to Rs 20.00 on 30 Mar 2026.

A subscription of 193.99x combined with a GMP of 22.50% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.

Track live GMP on the Highness Microelectronics SME IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.

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For allotment results from 30 March 2026, visit the Highness Microelectronics SME IPO Allotment Status page. For listing day updates on 2 April 2026, download the IPOwiz App.