Markets / IPO / Himalayan Solar

Himalayan Solar IPO

Updated 17:40

SME IPO on NSE Emerge · Other Electrical Equipment

Status
Listed
Price band
₹98–103
Lot size
1200 shares · ₹1,23,600
Subscribed
–

How it listed

Issue price
₹103
Listing price (open)
₹85.00 -17.48%
First-day close
₹84.85 -17.62%
Price now
₹84.00 -18.45%
Listing day5 Oct 2026
Open / high / low / close₹85.00 / ₹86.00 / ₹81.00 / ₹84.85
Shares traded on NSE34,33,200

Closing prices since listing: 23 Oct ₹83.75, 26 Oct ₹85.80, 28 Oct ₹80.00, 29 Oct ₹83.95, 30 Oct ₹83.90, 2 Nov ₹83.75, 3 Nov ₹83.25, 4 Nov ₹84.30, 5 Nov ₹81.00, 6 Nov ₹84.00.

Himalayan Solar share price, live chart and technicals →

Key dates

Bidding opens25 Sept 2026
Bidding closes29 Sept 2026
Allotment30 Sept 2026
Refunds and shares in demat1 Oct 2026
Listing5 Oct 2026

Lot size by investor type

ApplicationLotsSharesAmount
Individual investor (minimum)22,400₹2,47,200
HNI (minimum)33,600₹3,70,800

At ₹103 a share. In SME IPOs individuals must bid for at least 2 lots.

Subscription

Investor categoryShares bid for
Institutions (QIB)8,36,400
HNI / NII21,03,600
  HNI, above ₹10 lakh19,21,200
  HNI, ₹2–10 lakh1,82,400
Total29,40,000

NSE does not publish the shares offered to each category for this issue, so times subscribed cannot be shown. NSE and BSE bids together, as of 29 Sept 2026 19:00.

Applications from individual investors

1,652 applications in the individual investors' category (bidding for the minimum 2 lots).

NSE does not publish the shares set aside for this category for SME issues, so the chance of allotment cannot be worked out exactly. Winners are picked by lottery.

Demand at each price

Top price ₹10360.89 lakh shares88.2%
Lower prices ₹98–1028.16 lakh shares11.8%

Shares bid on NSE and BSE at each price in the band. Most bids at the top price, and little at lower prices, means buyers were keen.

Anchor investors

Anchor bid date24 Sept 2026
Anchor shares7,52,400
Raised from anchors₹7.75 cr
Lock-in ends for the first 50% (30 days)29 Oct 2026
Lock-in ends for the remaining 50% (90 days)28 Dec 2026 (in 52 days)

Anchor investors are large funds that buy the day before the IPO opens. SEBI locks in half their shares for 30 days from the allotment and the rest for 90 days; they can sell from the next trading day. Traders watch these dates because extra selling can come in.

Financials and valuation

Financial results appear here once the company files them with NSE, usually within a few weeks of listing. Until then, the red herring prospectus has the company's past financials.

Other recent IPOs: Other Electrical Equipment

CompanyListedSubscribedOn listingSince IPO
Vivid Electromech SME7 Apr–+1.80%+92.36%
Fujiyama Power Systems 20 Nov2.14×-3.51%+54.30%
Emmvee Photovoltaic Power 18 Nov0.97×0.00%+15.81%
Mangal Electrical Industries 28 Aug9.46×-0.89%-54.50%
Vikram Solar 26 Aug54.63×+1.81%-57.11%
Parth Electricals & Engineering SME11 Aug–+2.35%+199.94%
Smarten Power Systems SME14 Jul–+44.00%-20.95%
Eppeltone Engineers SME24 Jun–+90.00%-2.19%

IPO details

Price band₹98–103
Final issue price₹103
Lot size1200 shares
Minimum investment₹2,47,200 (2 lots, the minimum for individuals)
MarketNSE Emerge (SME)
Issue typeBook Building
Face value₹10 per Equity Share
IndustryOther Electrical Equipment
Issue size₹60.68 crore (about 58.91 lakh shares) · Fresh issue only
ISININE1B7I01014
RegistrarMaashitla Securities Private Limited
Helpline: 47581432, ipo@maashitla.com
Lead managersFinshore Management Services Limited
ProspectusRed herring prospectus (NSE)

Check allotment status

Allotment was finalised on 30 Sept 2026. Check it on the registrar's page (Maashitla Securities Private Limited), NSE or BSE with your PAN or application number.

← All IPOs: open, upcoming and recently listed

From NSE's official IPO data. Expected dates follow SEBI's T+3 timetable; the exchange confirms them. Information only, not investment advice.

What is the Himalayan Solar IPO price band and lot size?

The price band is ₹98–103 per share, and one lot is 1200 shares (₹1,23,600 at the upper price).

When is the Himalayan Solar IPO allotment date?

Allotment was finalised on 30 Sept 2026, the next working day after bidding closed on 29 Sept 2026.

How many times was the Himalayan Solar IPO subscribed?

Subscription figures are not available yet.

What is the Himalayan Solar IPO listing date?

It listed on 5 Oct 2026 on NSE Emerge (SME).

When does the Himalayan Solar anchor lock-in end?

The 30-day lock-in on half of the anchor investors' shares ends on 29 Oct 2026 and the 90-day lock-in on the rest ends on 28 Dec 2026; they can sell from the next trading day.

What was the Himalayan Solar listing gain?

It opened at ₹85.00 against an issue price of ₹103, a loss of 17.48%. It is now down 18.45% from the issue price.