Comparison between Highness Microelectronics IPO and VK Tyre IPO.
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.
| Highness Microelectronics IPO | VK Tyre IPO | |
|---|---|---|
| Logo | ![]() | ![]() |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Fintellectual Corporate Advisors Pvt.Ltd. | Hem Securities Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Rainbow Securities Pvt.Ltd. | |
| DRHP | DRHP ![]() | DRHP ![]() |
| RHP | RHP ![]() | |
| Final Prospectus | Final Prospectus ![]() | |
| Anchor Investor | Anchor Investor ![]() | |
| IPO Allotment URL | IPO Allotment URL ![]() |
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 IPO | VK 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 Size | 1200 shares | |
| Fresh Issue Size | 15,62,400 shares | 47,20,000 shares |
| Fresh Issue Size (Amount) | up to ₹18.75 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 1,52,400 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹1.83 Cr | up to ₹0.00 Cr |
| Issue Size Total | 17,14,800 shares | 47,20,000 shares |
| Issue Size Total (Amount) | up to ₹20.58 Cr | up to ₹0.00 Cr |
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.
| Highness Microelectronics IPO | VK Tyre IPO | |
|---|---|---|
| Anchor Bid Date | Mar 23, 2026 | |
| Issue Open | Mar 24, 2026 | |
| Issue Close | Mar 27, 2026 | |
| Basis Of Allotment (Tentative) | Mar 30, 2026 | |
| Initiation of Refunds (Tentative) | Apr 01, 2026 | |
| Credit of Share (Tentative) | Apr 01, 2026 | |
| Listing date (Tentative) | Apr 02, 2026 | |
| Anchor Lockin End date 1 | May 01, 2026 | |
| Anchor Lockin End date 2 | Jun 30, 2026 |
Highness Microelectronics IPO P/E ratio is 16.7, as compared to VK Tyre IPO P/E ratio of .
| Highness Microelectronics IPO | VK Tyre IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials | Company Financials (Restated)
| 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.
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| Promoter Shareholding (Pre-Issue) | 99.90 | 100 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 64.96 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 16.7 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹61.96 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 47.09 | 31.74 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 42.09 | 15.58 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.74 | 2.31 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹7.19 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 47.09 | 27.39 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 IPO | VK Tyre IPO | |
|---|---|---|
| Anchor Investor Reservation | 5,11,200 shares | 0 shares |
| Market Maker Reservation | 91,200 shares | 0 shares |
| QIB | 3,42,000 shares | 0 shares |
| NII | 2,59,200 shares | 0 shares |
| RII | 6,02,400 shares | 0 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 17,14,800 shares | 0 shares |
Highness Microelectronics IPO subscribed 136.11x in total, whereas VK Tyre IPO subscribed .
| Highness Microelectronics IPO | VK Tyre IPO | |
|---|---|---|
| QIB (times) | 81.95x | |
| NII (times) | 362.12x | |
| Big NII (times) | 437.22x | |
| Small NII (times) | 211.92x | |
| RII (times) | 185.11x | |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 136.11x |