Highness Microelectronics IPO vs VK Tyre IPO

Comparison between Highness Microelectronics IPO and VK Tyre IPO.

IPO Details

Highness Microelectronics IPO is a SME Bookbuilding IPO proposed to list at BSE SME while VK Tyre IPO is a SME Bookbuilding proposed to list at BSE SME.

Issue Size and Price

The total issue size of Highness Microelectronics IPO is up to ₹20.58 Cr whereas the issue size of the VK Tyre IPO is up to ₹0.00 Cr. The final issue price of Highness Microelectronics IPO is ₹120.00 per share and of VK Tyre IPO is .

 Highness Microelectronics IPOVK Tyre IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹114.00 per share
Issue Price (Upper)₹120.00 per share
Issue Price (Final)₹120.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size1200 shares
Fresh Issue Size15,62,400 shares47,20,000 shares
Fresh Issue Size (Amount)up to ₹18.75 Crup to ₹0.00 Cr
OFS Issue Size1,52,400 shares0 shares
OFS Issue Size (Amount)up to ₹1.83 Crup to ₹0.00 Cr
Issue Size Total17,14,800 shares47,20,000 shares
Issue Size Total (Amount)up to ₹20.58 Crup to ₹0.00 Cr

IPO Timetable

Highness Microelectronics IPO opens on Mar 24, 2026, while VK Tyre IPO opens on . The closing date of Highness Microelectronics IPO and VK Tyre IPO is Mar 27, 2026, and , respectively.

Financials & KPIs

Highness Microelectronics IPO P/E ratio is 16.7, as compared to VK Tyre IPO P/E ratio of .

 Highness Microelectronics IPOVK Tyre IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 202531 Mar 202531 Mar 202431 Mar 2023
Assets24.0314.318.204.78
Total Income14.4114.1710.999.91
Profit After Tax3.412.522.390.44
EBITDA5.554.525.973.13
NET Worth10.036.624.101.71
Reserves and Surplus6.523.114.091.70
Total Borrowing8.204.931.381.36
Amount in ₹ Crore

Company Financials (Restated)

VK Tyre India Ltd.'s revenue increased by 17% and profit after tax (PAT) rose by 7% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets87.4575.2961.66
Total Income122.81105.1682.24
Profit After Tax5.335.001.62
EBITDA10.4111.865.32
NET Worth19.4714.149.13
Reserves and Surplus6.356.641.63
Total Borrowing45.0337.9733.88
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.90100
Promoter Shareholding (Post-Issue)64.96
P/E Ratio16.7
Market Cap₹61.96 Cr.
ROE47.0931.74
ROCE42.0915.58
Debt/Equity0.742.31
EPS₹7.19
RoNW47.0927.39

Shares Offered

In the Highness Microelectronics IPO Retail Individual Investors (RII) are offered 6,02,400 shares while in VK Tyre IPO retail investors are offered 6,02,400 shares. Qualified Institutional Buyers (QIB) are offered 3,42,000 shares in Highness Microelectronics IPO and 0 shares in VK Tyre IPO.

 Highness Microelectronics IPOVK Tyre IPO
Anchor Investor Reservation5,11,200 shares0 shares
Market Maker Reservation91,200 shares0 shares
QIB3,42,000 shares0 shares
NII2,59,200 shares0 shares
RII6,02,400 shares0 shares
Employee0 shares0 shares
Others
Total17,14,800 shares0 shares

Bids Received (Subscription)

Highness Microelectronics IPO subscribed 136.11x in total, whereas VK Tyre IPO subscribed .

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