Himalayan Solar IPO
OpenSMEBidding:Sep 25, 2026 – Sep 29, 202610:00 AM – 5:00 PM
IPO Details
IPO Details
Key terms of the offer — price band, lot size, issue size, and important IPO dates.
Issue price₹98-103 per equity share
Cut-off price₹103 per equity share
Lot size1,200 shares
Face value₹10 per equity share
Min investment₹1,23,600(1,200 shares)
Issue size₹68 Cr
Total issue size66,04,800 shares(up to ₹68 Cr)
Fresh issue58,90,800 shares(up to ₹60.68 Cr)
Offer for sale (OFS)7,14,000 shares(up to ₹7.35 Cr)
Listing atNSE SME
Listing dateOct 5, 2026
RegistrarMAASHITLA SECURITIES PRIVATE LIMITED
Lead manager(s)Finshore Management Services Ltd.
IPO Timeline
Timeline
Displays the complete IPO schedule, including the issue opening and closing dates, basis of allotment, refund initiation, share credit to Demat accounts, and the expected listing date on the stock exchanges.
Bidding StartsIn progress
Sep 25, 2026Bidding EndsUpcoming
Sep 29, 2026Allotment Upcoming
Sep 30, 2026ListingUpcoming
Oct 5, 2026Application Wise Breakup (Approx.)
Application Wise Breakup (Approx.)
Shows the number of applications received against the reserved category size, indicating how many times each investor category was subscribed by application count.
| Category | Reserve (Shares) | Applied (No. of Applications) | Times Folded |
|---|---|---|---|
| QIBs | — | — | — |
| NIIs | — | — | — |
| BNIIs (>10L) | — | — | — |
| SNIIs (<10L) | — | — | — |
| Individual | — | — | — |
| Total | — | — | — |
Market Lot Size
IPO Lot Size
Shows the application lots, shares, and investment amount required for each IPO category.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual (min) | 2 | 2,400 | ₹2,47,200 |
| Individual(max) | 2 | 2,400 | ₹2,47,200 |
| sHNI(min) | 3 | 3,600 | ₹3,70,800 |
| sHNI(max) | 8 | 9,600 | ₹9,88,800 |
| bHNI(min) | 9 | 10,800 | ₹11,12,400 |
Subscription Details (No. of Shares)
Subscription Details (No. of Shares)
Shows the subscription received from each investor category during the IPO.
| Category | Offer (Shares) | Applied (Shares) | Subscription (times) |
|---|---|---|---|
| QIBs | — | — | — |
| NIIs | — | — | — |
| BNIIs (>10L) | — | — | — |
| SNIIs (<10L) | — | — | — |
| Individual | — | — | — |
| Total | — | — | — |
Subscription Details (In Crores)
Subscription Details (In Crores)
Shows the subscription amount received from each investor category during the IPO, expressed in ₹ Crores.
| Category | Offer | Applied | Subscription (times) |
|---|---|---|---|
| QIBs | — | — | — |
| NIIs | — | — | — |
| BNIIs (>10L) | — | — | — |
| SNIIs (<10L) | — | — | — |
| Individual | — | — | — |
| Total | — | — | — |
Key Performance Indicators (KPI)
Key Performance Indicators (KPI)
Shows key financial ratios used to evaluate the company's performance and financial health.
| Metric | Value |
|---|---|
| ROE | 56% |
| ROCE | 35.84% |
| Debt to Equity | 0.77 |
| RoNW | 44.04% |
| PAT Margin | 12.13% |
| Price to Book Value | 3.56x |
Company Financials
Company Financials
Shows the company's financial statements across different reporting periods.
| Particulars (₹ Cr) | Mar 31, 2026 | Mar 31, 2025 | Mar 31, 2024 |
|---|---|---|---|
| Assets | 158.22 | 93.82 | 84.14 |
| Revenue | 171.69 | 143.14 | 138.65 |
| Profit After Tax | 20.67 | 16.43 | 4.95 |
| Net Worth | 46.93 | 26.46 | 10.33 |
| Reserves & Surplus | 30.71 | 22.85 | 6.73 |
| Total Borrowing | 36.12 | 26.95 | 23.54 |
About Himalayan Solar Limited
Company Contact Details
Company Contact Details
Provides the company's official contact information, including its address, email, phone number, and website.
Address
SCO-411 2nd Floor, Sector 20, Panchkula, Haryana, 134117
Phone
+91 7087117405
IPO Registrar
IPO Registrar
Provides the contact details of the registrar handling IPO allotment and investor queries.
Registrar Name
MAASHITLA SECURITIES PRIVATE LIMITED
Phone
011-47581432
Email
ipo@maashitla.comWebsite
https://maashitla.com/Himalayan Solar IPO
OpenSMEBidding:Sep 25, 2026 – Sep 29, 202610:00 AM – 5:00 PM
GMP Price
TBA
Subscription
0.0x
Min Investment
₹1,23,600
1 Lot = 1200 Shares
Price Band
₹98 - ₹103
Share on
IPO Timeline
Timeline
Displays the complete IPO schedule, including the issue opening and closing dates, basis of allotment, refund initiation, share credit to Demat accounts, and the expected listing date on the stock exchanges.
Bidding StartsIn progress
Sep 25, 2026Bidding EndsUpcoming
Sep 29, 2026Allotment Upcoming
Sep 30, 2026ListingUpcoming
Oct 5, 2026