Himalayan Solar
05 Oct '26SME
Min. Investment
₹2,35,200
Issue size
₹68.03 Cr
GMP
Locked
Overall subscription: 0.34x
Expert verdict
IPO dates
25 Sep
Opening
29 Sep
Closing
30 Sep
Allotment
05 Oct
Listing
*Refunds will be initiated on 01 Oct '26
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2400 | ₹2,47,200 |
Subscription (as on 25 September 2026, 12:46 PM)
Overall0.34x
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 2015|MD: Mr Manjeet Singh
- Himalayan Solar Limited provides integrated turnkey solar energy solutions, including the design, manufacturing, supply, installation, and commissioning of solar products. Its primary business is solar water pumping systems, along with solar rooftop power systems and solar inverter charger systems. The company also supplies solar products and provides support services under skill development training programmes.
- Its solar water pumping systems include solar PV modules, pumps, controllers, inverters, mounting structures and other components. The company offers AC and DC solar water pumps in surface and submersible categories.
- Himalayan Solar operates a manufacturing facility in Karnal, Haryana, with an annual capacity of 60 MW for Mono-PERC solar PV modules. The company also operates through its registered office, a branch office, and warehouses across Haryana, Rajasthan, and Madhya Pradesh.
Issue Details & Objective
Lot size
1200 Shares
Price band
₹98 to 103
Face value
₹10 per share
Financials
IPO reservation
Anchor investor - 11.39%
QIB - 7.61%
HNI - 28.45%
Retail - 47.53%
Download DRHP (IPO Doc)FAQs
Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
The issue size of Himalayan Solar IPO is ₹68.03 Cr
The Himalayan Solar IPO will be open for applications from 25 Sep '26 to 29 Sep '26
The lot size of Himalayan Solar IPO is 1200 Shares and its minimum investment amount is ₹2,35,200.
