Himalayan Solar IPO

Live

IPO Rating

Quality Score fund-quick-summary-circle

0/0

Growth Score fund-quick-summary-circle

0/0

Valuation Score fund-quick-summary-circle

0/0

Himalayan Solar IPO Details

  • Bidding Date

    25-Sep-2026 to
    29-Sep-2026

  • Issue Size

    ₹68.03 Cr

  • Price Band

    ₹98 to ₹103

  • Allotment date

    30-Sep-2026

  • Listing date

    To be updated

  • Lot size

    1200

  • No. of shares

    66,04,800

  • Fresh issue/OFS

    ₹60.68 Cr/₹7.35 Cr

About Himalayan Solar Company

Himalayan Solar, incorporated in September 2015 in Haryana and converted into a public company in 2024, has developed from a solar-product and water-pumping supplier into an integrated turnkey renewable-energy solutions provider. Its core business is the design, manufacture or OEM-based production, supply, installation and commissioning of solar water-pumping systems, complemented by solar inverter-charging systems, rooftop solar power systems, photovoltaic modules, cells, batteries, solar street lights and home-lighting products. The company’s expertise lies in project design, system integration, government-scheme execution, field installation and after-sales support; it has implemented more than 85,000 HP of solar water-pumping systems under government projects across India. Its products are marketed under the Himalayan Solar brand, while its principal customers are central and state government departments, public-sector bodies, farmers and agricultural users, commercial and institutional customers and EPC partners, with the company empanelled as a solar partner for multiple state departments. Himalayan Solar’s distinctive strength is its end-to-end delivery model, combining equipment, installation and commissioning rather than supplying components alone, helping customers address agricultural irrigation, rural electrification, energy-access and diesel-replacement needs. Its client-engagement approach is project-led and service-oriented, involving coordination with government agencies and local beneficiaries, application-specific system design, installation support and maintenance intended to improve reliability and long-term usability in varied field conditions.

Subscription Status

  • Category

    Status

  • QIBs

    --

  • NIIs

    --

  • Retail

    --

  • Others

    --

  • Total

    --

ipo banner

Recent IPOs

Name Price Band (Rs) Bidding Date
German Green Steel and Power 132 - 139 25-Sep-2026 to 29-Sep-2026
Orient Cables (India) 258 - 272 25-Sep-2026 to 29-Sep-2026
Runwal Enterprises 290 - 305 25-Sep-2026 to 29-Sep-2026
Himalayan Solar 98 - 103 25-Sep-2026 to 29-Sep-2026
IPO Monitor

FAQs for Himalayan Solar IPO.

The issue size of Himalayan Solar is ₹68.03 Cr.

Himalayan Solar falls into Utilities industry.

The open and close dates for the Himalayan Solar are 25-Sep-2026 & 29-Sep-2026.

The price band for the Himalayan Solar ipo is ₹98 to ₹103

The purpose of this IPO is to raise fresh capital as well as enable the existing shareholders to sell their stake.

Key financial of the Himalayan Solar are:


Himalayan Solar FY-26 FY-25 FY-24
Revenue (₹ Cr) 170.34 142.44 138.32
EBIT (₹ Cr) 29.16 23.47 7.91
Proft after Tax (₹ Cr) 20.67 16.43 4.95
Debt (₹ Cr) 36.12 26.95 23.54
Net Worth (₹ Cr) 46.93 26.46 10.33
RoE (%) 44.04 62.11 47.86