Himalayan Solar IPO GMP today is Rs 0. Investors can use this GMP along with price band and subscription status for a better IPO review.
Upcoming
SME IPO
Himalayan Solar IPO GMP & Subscription Status Today
Himalayan Solar designs, manufactures, supplies, installs, and commissions solar-energy products, primarily solar water-pumping systems, along with solar inverter-charging systems and rooftop power solutions. It has implemented over 61,000 HP capacity of solar water pumping systems across government projects in India. Revenue rose to ₹143.14 crores in FY2025 from ₹138.65 crores in FY2024, with profit up to ₹15.85 crores from ₹4.94 crores.
- Price Band
- ₹98.00 - ₹103.00
- Lot Size
- 1,200 Shares
- Bidding Closes
- 29 Sept 2026
- Listing Date
- 05 Oct 2026
Current GMP Status
₹0
+0% vs upper band
Est. Listing Gain
+0.00%
Last Trend
TBA
Listing Price
Est. ₹103
Retail Entry
₹2,47,200
IPO Details
Complete IPO information
| Current GMP | ₹0 |
|---|---|
| Estimated Listing Gain | +0.00% |
| Price Band | ₹98.00 - ₹103.00 |
| Issue Price | Approx ₹103.00 Crores |
| Listing Price | Est. ₹103 |
| Lot Size | 1,200 Shares |
| Issue Type | SME |
| Registrar | Maashitla Securities Pvt. Ltd. |
| Exchange | NSE SME |
| Retail Quota | TBA |
| Overall Subscription | TBA |
| Listing Date | 05 Oct 2026 |
| Minimum Investment | ₹2,47,200 |
Analysis
IPO Snapshot & Investor Takeaways
At the upper end of its price band, Himalayan Solar is priced at ₹103 per share. With a minimum lot size of 1,200 shares, a retail investor applying for one lot would need approximately ₹2,47,200 to participate in this SME issue.
The latest recorded Grey Market Premium for Himalayan Solar stands at ₹0, implying an estimated listing gain of around 0.00% over the issue price if it holds until listing. GMP reflects informal grey-market sentiment rather than a guaranteed outcome, and can change at any point until the day of listing.
SME IPOs list on the dedicated SME platform of BSE/NSE. They usually involve smaller issue sizes and a higher per-lot investment than Mainboard issues, with comparatively lower institutional participation.
Timeline
IPO roadmap at a glance
01
Bidding Opens Next
25 Sept 2026
02
Bidding Closes
29 Sept 2026
03
Allotment
30 Sept 2026
04
Listing
05 Oct 2026
Market Lot
Application size breakdown
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 Lot | 2,400 | ₹2,47,200 |
| Retail Maximum | 2 Lot | 2,400 | ₹2,47,200 |
| S-HNI Minimum | 3 Lot | 3,600 | ₹3,70,800 |
| S-HNI Maximum | 8 Lot | 9,600 | ₹9,88,800 |
| B-HNI Minimum | 9 Lot | 10,800 | ₹11,12,400 |
Swipe to see more →
FAQ
Himalayan Solar IPO FAQs
Himalayan Solar IPO price band is Rs 98.00 to Rs 103.00. Check the latest issue price, lot size and GMP together before applying.
Himalayan Solar IPO open date is 25 Sept 2026, close date is 29 Sept 2026, and listing date is 05 Oct 2026.
Himalayan Solar IPO lot size is 1,200 shares. The minimum retail investment is Rs 2,47,200.
Himalayan Solar is classified as a SME IPO. This helps investors quickly understand the issue category and exchange segment.
Himalayan Solar IPO subscription status currently shows Subscription data is currently awaited.
Himalayan Solar designs, manufactures, supplies, installs, and commissions solar-energy products, primarily solar water-pumping systems, along with solar inverter-charging systems and rooftop power solutions. It has implemented over 61,000 HP capacity of solar water pumping systems across government projects in India. Revenue rose to ₹143.14 crores in FY2025 from ₹138.65 crores in FY2024, with profit up to ₹15.85 crores from ₹4.94 crores.
Himalayan Solar IPO issue size is TBA and the expected allotment date is 30 Sept 2026.
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