
Emerging SME Services · NSE
Himalayan Solar is filing offer documents for an Initial Public Offering on NSE.
Price Band
₹98 – ₹103
Issue Size
₹660.48 L Cr
Lot Size
1200 shares
GMP
Est. Listing
₹103
at current GMP
Subscribed
1.19x
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
Overall Subscription
1.19x
Total Demand
QIB Multiplier
1.66x
Institutions & Funds
NII / HNI
0.94x
High Net-Worth
Retail (RII)
1.26x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 502,800 | 836,400 | 1.66x |
| NIB | 1,879,200 | 1,772,400 | 0.94x |
| HNIs(10L +) | 1,252,800 | 1,590,000 | 1.27x |
| HNIs (2-10L) | 626,400 | 182,400 | 0.29x |
| RETAIL | 3,139,200 | 3,964,800 | 1.26x |
| Total | 7,400,400 | 8,346,000 | 1.19x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| HNIs(10L +) | 348 | 16 | 0.05x |
| HNIs(10L +) | 174 | 46 | 0.26x |
| RETAIL | 1,308 | 1,652 | 1.26x |
| Total Applications | 1,830 | 1,714 | 0.94x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Himalayan Solar is bringing an initial public offering (IPO) in the Emerging SME Services 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.
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.
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.
The Himalayan Solar IPO aggregate issue size is ₹66,04,800 Crores with an equity price band set at ₹98 to ₹103 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,23,600.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. You can track QIB, NII/HNI, and Retail category multiples directly on our dedicated live subscription page.
The basis of allotment will be published on the official registrar portal (Maashitla Securities Private Limited) and the BSE status verification website on or around 2026-09-30.