What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial premium over the issue price that investors pay in the unlisted market prior to official listing on NSE/BSE.

How is the estimated listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit made by selling an IPO application before allotment, irrespective of whether the application is allotted shares.

What is Subject to Sauda?

Subject to Sauda is an agreement where payment is made only if the seller receives share allotment in the IPO.

What is the price band for Himalayan Solar IPO?

The price band for Himalayan Solar IPO is set at ₹98 to ₹103 per equity share with a minimum lot size of 1200 shares.

When does Himalayan Solar IPO open and close?

The Himalayan Solar IPO opens on 2026-09-25 and closes on 2026-09-29. The allotment date is 2026-09-30 and the listing date is 2026-10-05.

What is the current GMP of Himalayan Solar IPO?

The current grey market premium (GMP) for Himalayan Solar IPO is ₹0, implying an estimated listing price of ₹103 (0% gain over the upper price band).

How do I check Himalayan Solar IPO allotment status?

You can check the allotment status on the registrar's official portal (Maashitla Securities Private Limited) or through the BSE/NSE allotment websites once the basis of allotment is finalized.

Himalayan Solar

ListedSME

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

29 Sep 2026

Allotment

30 Sep 2026

Refund

1 Oct 2026

Demat Credit

2 Oct 2026

Listing

5 Oct 2026

Last updated about 9 hours ago

Overview GMP Subscription Financials IPO Details Company Promoters Objects Peers Documents Allotment FAQs

Key Highlights

•Leading player in the Indian market segment
•Price band established at ₹98 - ₹103 per equity share
•Minimum bid lot is 1200 shares
•Estimated listing target of ₹103 based on current grey market activity