Himalayan Solar Limited
OpenSMEPower · NSE
Himalayan Solar Limited, incorporated in 2015, provides integrated turnkey solar energy solutions covering the design, manufacturing, supply, installation and commissioning of various solar products, with a primary focus on Solar Water Pumping Systems. The Company also offers solar solutions for Solar Inverter Charge Systems and Solar Rooftop Power Systems. As of March 31, 2025, Himalayan Solar had experience in implementing more than 61,000 HP of Solar Water Pumping Systems under government projects across India, with this capacity expected to increase to around 1,00,000 HP by the end of FY 2025-26. As of August 31, 2025, the Company had 64 employees.
Price Band
₹98 – ₹103
Issue Size
₹660.48 L Cr
Lot Size
1200 shares
GMP
—
Est. Listing
₹103
at current GMP
Subscribed
0.45x
overall
Open
25 Sep 2026
Close
29 Sep 2026
Allotment
30 Sep 2026
Refund
1 Oct 2026
Demat Credit
2 Oct 2026
Listing
5 Oct 2026
Last updated 2 days ago
Official Registrar Verification
Himalayan Solar Limited Allotment Status
Designated Registrar: Maashitla Securities Private Limited
Allotment Date
30 Sep 2026
Basis finalization
Refunds Initiate
1 Oct 2026
Mandate release
Demat Credit
2 Oct 2026
Shares in demat
Listing Debut
5 Oct 2026
Trading begins
How to Check Himalayan Solar Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Maashitla Securities Private Limited's allotment portal.
- Select Himalayan Solar Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About Himalayan Solar Limited Public Issue & Market Profile
Himalayan Solar Limited is bringing an initial public offering (IPO) in the Power sector with an aggregate issue size of ₹66,04,800 Crores. The shares are offered at a price band of ₹98 to ₹103 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
Public Issue & Allotment Procedure:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Official Allotment Timelines & Registrar Guidance:
Following the close of bidding on 2026-09-29, the basis of allotment is scheduled to be finalized on 2026-09-30. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Maashitla Securities Private Limited) or the BSE allotment checking window.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.