Himalayan Solar Limited IPO Allotment Status

Himalayan Solar IPO is a book build issue of ₹68.03 crore. The issue comprises a fresh issue of 58.91 lakh shares aggregating to ₹60.68 crore and an offer for sale of 7.14 lakh shares aggregating to ₹7.35 crore. 

Himalayan Solar Limited is a book-built NSE SME IPO with a price band of ₹98–₹103 per equity share. The bidding window opened on September 25, 2026, and closes today, September 29, 2026. 

The basis of allotment is expected to be finalised on September 30, 2026. Refunds for unsuccessful applicants and credit of shares to successful applicants’ demat accounts are expected on October 1, 2026, while the shares are scheduled to list on NSE SME on October 5, 2026. 

The IPO has a market lot of 1,200 shares. At the upper price band, one lot costs ₹1,23,600. The minimum retail application is two lots, or 2,400 shares, requiring ₹2,47,200. 

Finshore Management Services Ltd. is the book running lead manager. 

Investors can check Himalayan Solar IPO allotment status after the basis of allotment is finalised through Maashitla Securities Private Limited, the registrar to the issue, or through the NSE/BSE IPO-status facilities. 

How to Check Himalayan Solar IPO Allotment Status Online on NSE? 

• Visit the NSE IPO bid-verification/application-status page.
• Select “SME” under Issue Type.
• Choose “Himalayan Solar Limited” from the Issue Name dropdown after the allotment data is published.
• Enter your PAN or Application Number.
• Complete the captcha verification, where applicable.
• Click on Submit or Search to view your application and allotment status. 

How to Check Himalayan Solar IPO Allotment Status on the Registrar’s Website? 

• Visit the official Maashitla Securities IPO allotment-status website.
• Select “Himalayan Solar Limited” from the IPO-name dropdown once the registrar uploads the basis-of-allotment information.
• Choose PAN, Application Number or DP ID/Client ID as the search method.
• Enter the required details.
• Complete the captcha verification.
• Click on Submit or Search to view your allotment result. 

Himalayan Solar IPO Details 

Himalayan Solar IPO is a book build issue of ₹68.03 crore. The issue comprises a fresh issue of 58.91 lakh shares aggregating to ₹60.68 crore and an offer for sale of 7.14 lakh shares aggregating to ₹7.35 crore. 

Himalayan Solar’s IPO is priced in the range of ₹98–₹103 per equity share. The face value of each equity share is ₹10. The company’s issue is proposed to list on the NSE SME platform. 

The IPO opened on September 25, 2026, and closes on September 29, 2026. The basis of allotment is expected on September 30, 2026, refunds and demat credits are expected on October 1, 2026, and the shares are scheduled to list on NSE SME on October 5, 2026. 

The market lot comprises 1,200 shares, requiring ₹1,23,600 at the upper price band. The minimum retail application is two lots, or 2,400 shares, requiring ₹2,47,200. Applications can be made in permitted multiples of 1,200 shares thereafter. 

Allocation Quota for Himalayan Solar IPO 

Note: Category-wise shares offered and subscription figures vary slightly across sources and updates; the final basis of allotment published by Maashitla Securities will be definitive. 

Himalayan Solar IPO – Overall Subscription Status 

As of the latest available update on September 29, 2026, at 6:55:00 PM (Day 3), the Himalayan Solar IPO was subscribed 1.19 times overall. The non-institutional investor (NII) category was subscribed 0.94 times, the QIB (Ex Anchor) category 1.66 times, and the retail (Individual Investors) category 1.26 times. These figures may change slightly following exchange reconciliation after the issue closes. 

Himalayan Solar IPO Subscription Details 

Note: Shares Offered and Total Amount are calculated at the upper price band. The Total row excludes the Anchor and Market Maker portions, and the NII figures exclude the Market Maker portion. 

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Himalayan Solar Business Overview 

Incorporated in 2015, Himalayan Solar Limited is specializes in providing integrated turnkey solar energy solutions offering services including design, manufacturing, supply, installation, and commissioning of wide range of solar products, with a primary focus on Solar Water Pumping Systems. They provide solar energy solutions for Solar Inverter Charge Systems and Solar Rooftop Power Systems. 

As on March 31, 2026, the company has implemented more than 85000 HP capacity of Solar Water Pumping Systems as part of Government Projects in India. As of Mar 31, 2026, its Polycrystalline Solar PV Modules manufacturing capacity stood at 40 MW corresponding to 1,19,000 nos. of Polycrystalline Solar PV Module and Mono PERC solar PV Modules manufacturing capacity stood at 60 MW equivalent to approximately 1,07,500 nos. of 555W-560W Mono PERC Solar PV Modules annually. 

As on July 31, 2026, the Company have employed 87 employees. 

Himalayan Solar IPO allotment status is expected to be available on September 30, 2026, after approval of the basis of allotment. Investors should check Maashitla Securities or NSE using their PAN, application number or DP ID/Client ID. 

Know more about IPO allotment status and check your application details online for the latest updates on share allocation. 

Disclaimer: This article has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute personal investment advice or a recommendation to buy, sell or hold any security. Investors should conduct their own research and consult a SEBI-registered investment adviser before making investment decisions. 

Investments in the securities market are subject to market risks. Read all related documents carefully before investing.