Himalayan Solar Limited
SME IPO
Risk analysis not yet reviewed. ClearIPO publishes risk factors only after a manual review of the offer document.
Last updated 25 Sept 2026
Key details
- Price band
- ₹98
- Face value
- Rs 10
- Lot size
- 1,200 shares
- Minimum investment
- Rs 1,17,600
- Issue size
- Rs 68 Cr
- Fresh issue
- Rs 68 Cr
- Retail quota
- 35%
- Exchanges
- NSE SME
- Opening date
- 25 Sept 2026
- Closing date
- 29 Sept 2026
- Allotment date
- 30 Sept 2026
- Listing date
- 05 Oct 2026
3 further details have not been reported for this issue yet, so they are left out rather than estimated.
Explain this IPO simply
The same information as the prospectus, written the way you would explain it to a friend.
What the company does
Himalayan Solar provides integrated turnkey solar energy solutions, specializing in the design, manufacturing, supply, installation, and commissioning of solar products, with a primary focus on Solar Water Pumping Systems. The company also offers solar energy solutions for Solar Inverter Charge Systems and Solar Rooftop Power Systems. As an empanelled solar partner with several state government departments in India, it generates revenue primarily through orders and government project contracts, having executed over 85,000 HP capacity of Solar Water Pumping Systems. The company operates a manufacturing facility in Karnal, Haryana, covering an area of approximately 25,000 square feet, which produces Mono PERC Solar PV Modules. It serves government departments, contractors, and private customers across India through its dealer network. The company proposes to expand and upgrade its manufacturing capacity to 160 MW per annum using issue proceeds.
No hand-checked analysis for this issue yet
Subscription status
Update pending
The issue is open. Subscription figures have not been published by the source yet.
Important documents
IPO timeline
IPO opens
25 Sept 2026
First day you can apply.
IPO closes
29 Sept 2026
Last day to apply, usually by evening.
Allotment
30 Sept 2026
Who gets shares is decided.
Refund / unblock
01 Oct 2026
Blocked money is released if you did not get shares.
Shares in demat
01 Oct 2026
Allotted shares reach your demat account.
Listing day
05 Oct 2026
Shares start trading on the exchange.
Frequently asked questions
Where this information comes from
- Last updated
- 2026-09-25T03:45:07.191Z
- Last verified
- 2026-09-25T03:45:07.191Z
- Primary source
- nse
- Secondary source
- Exchange filings
