What is the current subscription status of Himalayan Solar Limited IPO?

Himalayan Solar Limited IPO has received a total subscription of 0.45 times overall.

Himalayan Solar Limited

OpenSME

Power · 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

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

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

0.45x

Total Demand

QIB Multiplier

0.85x

Institutions & Funds

NII / HNI

0.25x

High Net-Worth

Retail (RII)

0.51x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 0.45x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	502,800	428,400	0.85x
NIB	1,879,200	466,800	0.25x
HNIs(10L +)	1,252,800	444,000	0.35x
HNIs (2-10L)	626,400	22,800	0.04x
RETAIL	3,139,200	1,593,600	0.51x
Total	7,400,400	2,955,600	0.45x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 0.37x

Category	Applications Reserved	Applications Received	Times Subscribed
RETAIL	1,308	664	0.51x
HNIs(10L +)	348	3	0.01x
HNIs (2-10L)	174	5	0.03x
Total Applications	1,830	672	0.37x

Day-Wise Subscription Progress

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.

Bidding & Quota Instructions:

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.

Allotment Reconciliation Schedule:

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 the issue size and price band for Himalayan Solar Limited IPO?

The Himalayan Solar Limited 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.

How can I check Himalayan Solar Limited IPO live subscription demand?

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.

Where will Himalayan Solar Limited IPO allotment status be published?

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.