Himalayan Solar IPO Listing Details
| Listing Date | October 5, 2026 |
| NSE Code | HIMALAYAN |
| ISIN Code | INE1B7I01014 |
| Offer Price | ₹98 to ₹103 |
| Face Value | ₹10 |
| Listing Price | ₹85 |
Himalayan Solar IPO Details
Himalayan Solar received SEBI approval for its ₹68.03 crores via a fresh issue with a face value of ₹10 each. The IPO price band is ₹98 to ₹103 per share.
Himalayan Solar IPO Share Distribution
- Moreover, the retail category had 2400 shares in a 2-lot size in the minimum and maximum applications.
- S-HNI Minimum had 3600 shares in 3 lot sizes.
- S-HNI Maximum had 9600 shares in 8 lot sizes.
- B-HNI Minimum had 10800 shares in 9 lot sizes.
To participate in this IPO, each investor group has a tailored investment range.
- Retail Minimum Application: ₹2,47,200.
- Retail Maximum Application: ₹2,47,200.
- S-HNI Minimum Application: ₹3,70,800.
- S-HNI Maximum Application: ₹9,88,800.
- B-HNI Minimum Application: ₹11,12,400.
Himalayan Solar IPO Subscription Duration
The opening date of the Himalayan Solar IPO subscription was September 25, 2026, and the closing date was September 29, 2026. The Himalayan Solar IPO allotment was finalised on September 30, 2026, and the IPO listing is on October 5 2026.
Himalayan Solar IPO Funds Utilisations
- Funding Capital Expenditure towards purchase of additional plant and machinery for expansion and upgradation of existing manufacturing facility.
- Repayment and / or pre-payment, in full or in part, of certain outstanding borrowings availed by the Company.
- To meet Working Capital Requirements
- General Corporate Purposes
About Himalayan Solar IPO
Established in 2015, Himalayan Solar Limited provides complete solar energy solutions. The company handles the design, manufacturing, supply, installation, and commissioning of various solar products, mainly focusing on Solar Water Pumping Systems. It also offers solutions such as Solar Inverter Charge Systems and Solar Rooftop Power Systems.
The company supplies a range of solar products, including solar PV modules, solar cells, solar batteries, and other solar equipment. Moreover, as of 2026, the firm has implemented more than 85000 HP of Solar Water Pumping Systems as part of Government Projects in India. Himalayan Solar’s main mission is to make solar power accessible, affordable, and reliable for everyone.
