Himalayan Solar
₹2,47,200(2,400 Shares)
Minimum Investment
IPO Dates
Sep 25, 2026 – Sep 29, 2026
Price Band
₹98–103 per equity share
Issue Size
₹68.03 Cr
Lot Size
1200
Listing
Oct 5, 2026
Listing At
NSE SME
Himalayan Solar Live Subscription Details
All IPOsAll Live IPOsNII Sub-Categories
bHNI (> ₹10L)
Bids above ₹10L
sHNI (< ₹10L)
Bids ₹2L to ₹10L
Overall Subscription
Total Bids Received
1.25x
Himalayan Solar IPO Issue Details
- Issue Price
- ₹98-103 Per Equity Share
- Face Value
- ₹10 Per Equity Share
- Total Issue Size
- ₹68.03 Cr
- Fresh Share
- 58,90,800 shares(aggregating up to ₹60.68 crore)
- Listing At
- NSE SME
- Listing Date
- Oct 5, 2026
- Lead Manager
- Finshore Management Services Ltd.
- Registrar
- Maashitla Securities Pvt.Ltd.
Market Lot Details
Reservation Details
NII
18.79L
QIB
5.03L
Anchor
7.52L
Individual
31.39L
Market Maker
3.31L
bhni
12.53L
shni
6.26L
shareholder
66.05L
Company Information
Incorporated in 2015, Himalayan Solar Limited is engaged in providing integrated turnkey solar energy solutions which include designing, manufacturing, supplying, installing, and commissioning of diff...
Valuations
RoNW
44.04%
PAT Margin
12.13%
P/B Value
3.56
Market Cap
Cr.
Financial Information (₹ in Crores)
* All figures are in ₹ Crores unless otherwise stated.
Objectives of the Issue
- 1Funding Capital Expenditure towards purchase of additional plant and machinery for expansion and upgradation of existing manufacturing facility.
- 2Repayment and / or pre-payment, in full or in part, of certain outstanding borrowings availed by the Company.
- 3To meet working capital requirements
- 4General Corporate Expenses
Himalayan Solar – Promoter(s)
Contact Details
Corporate Office
SCO-411 2nd Floor, Sector 20, Panchkula, Haryana, 134117
Himalayan Solar Allotment & Registrar Details
Check AllotmentMaashitla Securities Pvt.Ltd.
Himalayan Solar IPO Documents
Lead Managers
Finshore Management Services Ltd.
Frequently Asked Questions — Himalayan Solar IPO
The Himalayan Solar IPO price band is set at ₹98.00 to ₹103.00 per equity share.
The total issue size of Himalayan Solar IPO is ₹68.03 Cr.
The lot size for Himalayan Solar IPO is 1200 shares per lot. The minimum investment amount is approximately ₹1,23,600.
The Himalayan Solar IPO opens on Sep 25, 2026 and closes on Sep 29, 2026.
The basis of allotment for Himalayan Solar IPO is expected to be finalized on Sep 30, 2026.
Himalayan Solar IPO is expected to be listed on Oct 5, 2026 on NSE SME.
The registrar for Himalayan Solar IPO is Maashitla Securities Pvt.Ltd.. You can contact them at ipo@maashitla.com.
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