Subscription status
- Total1.18x
Shares offered and bid for, by category
| Category | Shares bid for |
|---|---|
| Qualified institutional buyers (QIB) | 8,36,400 |
| Foreign institutions (FII) | 0 |
| Banks, financial institutions and insurers | 0 |
| Mutual funds | 0 |
| Other institutions | 8,36,400 |
| Non-institutional investors (NII) | 21,03,600 |
| NII: bids above ₹10 lakh (big NII) | 19,21,200 |
| Corporates | 5,10,000 |
| Individuals(Other than RIIs) | 7,94,400 |
| Others | 6,16,800 |
| NII: bids of ₹2–10 lakh (small NII) | 1,82,400 |
| Corporates | 3,600 |
| Individuals(Other than RIIs) | 1,75,200 |
| Others | 3,600 |
| Total | 29,40,000 |
Lot size and investment
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (minimum) | 2 | 2,400 | ₹2,47,200 |
| HNI / NII (minimum) | 3 | 3,600 | ₹3,70,800 |
IPO details
| Company | Himalayan Solar Limited |
|---|---|
| Board | SME (NSE Emerge) |
| Issue period | Fri, 25 Sep 2026 to Tue, 29 Sep 2026 |
| Price band | ₹98 – ₹103 |
| Face value | ₹10 per share |
| Lot size | 1200 shares |
| Shares offered (excl. anchor) | 58.52 lakh shares |
| Cut-off time for UPI Mandate Confirmation | 29-Sep-2026 (upto 5:00 PM) The cut-off time for UPI mandate acceptance is 05:00 PM on last day of IPO bidding. |
| Issue Size | Initial Public Offer comprising of Fresh Issue up to 58,90,800 Equity Shares and Offer for Sale up to 7,14,000 (Including market maker portion of 3,31,200 Equity Shares and Anchor Allocation of 7,52,400 Equity Shares) |
| Issue Type | Book Building |
| Tick Size | Re.1 |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. (Bidding Timings on Issue Closure upto 4:00 P.M.) |
| Maximum Bid Quantity for QIB Investors | 55,21,200 Equity shares (Calculated at Higher Price band) |
| Maximum Bid Quantity for NIB Investors | 50,18,400 Equity shares (Calculated at Higher Price band) |
| Sponsor Bank | Kotak Mahindra Bank Limited |
| Contact person name number and Email id | Mr Mukul Agrawal ,011-47581432 , ipo@maashitla.com |
| Registrar | Maashitla Securities Private Limited |
| Lead managers | Finshore Management Services Limited |
Offer documents
Frequently asked questions
When does the Himalayan Solar IPO open and close?
It opens on Fri, 25 Sep 2026 and closes on Tue, 29 Sep 2026.
What is the price band of the Himalayan Solar IPO?
₹98 – ₹103 per share, with a face value of ₹10.
What is the lot size and minimum investment?
One lot is 1200 shares. SME retail investors must apply for at least two lots, which costs ₹2,47,200 at the top of the price band.
When is the allotment and listing date?
Allotment was on Wed, 30 Sep 2026 and the shares listed on Mon, 5 Oct 2026.
What was the Himalayan Solar IPO listing gain?
It listed at ₹85 on Mon, 5 Oct 2026, a loss of −17.5% on the issue price of ₹103.
How do I check the Himalayan Solar IPO allotment status?
On the registrar's website (Maashitla Securities Private Limited) or the NSE and BSE allotment pages, using your PAN or application number, from the allotment date.
For information only. Not investment advice. SmartFigure is not registered with SEBI as an investment adviser or research analyst. GMP is an unofficial, unregulated grey-market figure, averaged from public websites; it is not a prediction of the listing price. Rely on the offer documents.