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
Live Grey Market Premium
Himalayan Solar Limited GMP Today
Last updated: 25 Sept 2026
Current Premium
₹00.0%
Issue Price (Upper)
₹103
Band: ₹98 – ₹103
Estimated Listing Price
₹103
Upper price + GMP
Lot Size
1200 shares
Min investment ₹1,23,600
Estimated Profit / Lot
₹0
1200 × ₹0
Himalayan Solar Limited GMP Historical Trend
GMP History
Grey Market Premium trend
—
▲ 0 today
Updated 1 minute ago
Estimated Listing Price
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 28 Sep 2026 | — | 0.0% | ₹103 |
| 26 Sep 2026 | — | 0.0% | ₹103 |
| 25 Sep 2026 | — | 0.0% | ₹103 |
GMP is unofficial market data. Not a guarantee of listing performance.
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 & Pricing Context:
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.
Basis of Allotment & Listing Timeline:
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 is Himalayan Solar Limited IPO GMP today?
The latest grey market premium for Himalayan Solar Limited IPO is ₹0, which indicates an expected listing price of ₹103.
What does Kostak Rate and Sauda mean in IPO GMP?
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
Is Grey Market Premium officially recognized?
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.