Highness Microelectronics Ltd IPO

About Highness Microelectronics Ltd

Our company was originally incorporated on September 6, 2007, as a private limited company under the name and style of `Highness Micro Electronics Private Limited', under the provisions of the Companies Act, 1956, pursuant to a certificate of incorporation issued by the Registrar of Companies, Mumbai. Further, pursuant to a resolution passed by our shareholders in its meeting held on February 8, 2008, the name of our company was changed to `Highness Microelectronics Private Limited' and a fresh certificate of incorporation dated March 5, 2008, was issued by the Registrar of Companies, Mumbai. Subsequently, our company was converted into a public limited company pursuant to a resolution passed by the shareholders in an extraordinary general meeting held on August 31, 2024, and the name of our company was changed to `Highness Microelectronics Limited' vide fresh certificate of incorporation dated November 11, 2024, was issued by the Registrar of Companies, Central Processing Centre. The corporate identification number of our company is U72900MH2007PLC173854.

The Indian electronics system design and manufacturing (ESDM) sector is one of the fastest growing sectors in the economy and is witnessing a strong expansion in the country. The ESDM market in India is well known internationally for its potential for consumption and has experienced constant growth. The Electronics System Design & Manufacturing (ESDM) industry includes electronic hardware products and components relating to information technology (IT), office automation, telecom, consumer electronics, aviation, aerospace, defence, solar photovoltaic, nano electronics and medical electronics. The industry also includes designrelated activities such as product designing, chip designing, Very Large-Scale Integration (VLSI), board designing and embedded systems. The Electronics System Design & Manufacturing (ESDM) sector plays a vital role in the government's goal of generating US$ 1 trillion of economic value from the digital economy by 2025. With various government initiatives aiming to boost domestic manufacturing, India has already started witnessing initial movement with increased production and assembly activities across products such as mobile phones and other consumer electronics.

Highness Microelectronics Limited is an ISO 9001:2015 and ISO 13485:2016 certified Company, engaged in the Design, Development, Integration, Assembly and Manufacture of Digital-Imaging Solutions. Our Company operates in two main categories namely `Off the Shelf Products' and `Market Specific Solutions / Project'.

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