Himalayan Solar IPO
LiveQuality Score
0/0
Growth Score
0/0
Valuation Score
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
--
FAQs for Himalayan Solar IPO.
What is the issue size of Himalayan Solar IPO?
The issue size of Himalayan Solar is ₹68.03 Cr.
What is the industry of Himalayan Solar?
Himalayan Solar falls into Utilities industry.
What are the open and close dates for the Himalayan Solar IPO?
The open and close dates for the Himalayan Solar are 25-Sep-2026 & 29-Sep-2026.
What are the price band for Himalayan Solar IPO?
The price band for the Himalayan Solar ipo is ₹98 to ₹103
What is the purpose for the Himalayan Solar IPO?
The purpose of this IPO is to raise fresh capital as well as enable the existing shareholders to sell their stake.
What are the key financials for the Himalayan Solar IPO?
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 |