Himalayan Solar IPO Price Band & Lot Size
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Himalayan Solar IPO Details
Himalayan Solar Financials ₹ in crore
Detailed financials for this issue aren’t available yet.
Himalayan Solar IPO Lot Size & Minimum Investment by investor category
| Application | Shares | Amount at ₹103 |
|---|---|---|
| Individual investor (min)minimum application | 2,400 | ₹2,47,200 |
The minimum application is 2,400 shares, ₹2,47,200 at the ₹103 cut-off. Since 1 July 2025 SME issues take a minimum application of ₹2,00,000 or more from individual investors; the HNI minimum is set in the RHP. Amounts are shown at the upper band because applications are made at the cut-off price.
Himalayan Solar IPO Strengths & Risks as disclosed in the DRHP
How to check Himalayan Solar IPO allotment status
Allotment is decided and published by the issue’s registrar, not by the exchange and not by alphave. For Himalayan Solar Limited, the registrar is Maashitla Securities Pvt.Ltd. — allotment is finalised in the days between the issue closing on 29 Sept 2026 and listing on 05 Oct 2026.
Allotment and refund dates follow SEBI’s T+3 listing timeline in trading days and are tentative until the registrar and the exchange confirm them. alphave does not hold allotment results — only the registrar can show whether an application was allotted.
The registrar publishes allotment on its own portal: Maashitla. Your bank will also show the blocked amount released if shares were not allotted.
Himalayan Solar IPO Price Band & Lot Size FAQs
What is the price band of Himalayan Solar IPO?
The Himalayan Solar Limited IPO price band is ₹98 to ₹103 per share. Applications are made at the cut-off price, which is the upper end of the band.
What is the lot size of Himalayan Solar IPO?
One lot is 2400 shares, so a single application at the ₹103 cut-off costs ₹2,47,200. One lot already exceeds the ₹2,00,000 retail limit, so this issue can only be applied for in the HNI category.
What is the minimum investment in Himalayan Solar IPO?
₹2,47,200 — one lot of 2400 shares at ₹103. Bids in the non-institutional category start above ₹2,00,000 and are made in multiples of the lot.
Is Himalayan Solar IPO a mainboard or SME issue, and on which exchange?
Himalayan Solar Limited is an SME issue listing on NSE SME. SME issues have a larger minimum lot and trade on the exchange's SME platform after listing. The lead manager is Finshore Management Services Ltd.
What is the issue size of Himalayan Solar IPO?
The issue size is ₹68.03 crore, of which ₹60.68 crore is a fresh issue and ₹7.35 crore an offer for sale by existing shareholders.
Himalayan Solar IPO Registrar where allotment and refund queries go
The registrar processes the allotment and the refunds. Contact details are as printed in the offer document; the exchange and your broker cannot change an allotment.
How to Apply for the Himalayan Solar IPO ASBA and UPI, as SEBI sets them
- Apply through your broker’s IPO window or your bank’s net banking (ASBA). The money stays in your own account and is only blocked until allotment.
- Choose the number of lots and bid at the cut-off price. SME issues take a minimum application of two lots, so the smallest valid bid is the amount shown in the lot table above.
- If you applied through a broker, approve the UPI mandate in your payment app. The mandate must be approved by 5 pm on the day after your bid, and by 5 pm on the closing day for bids made on the last day (29 Sept 2026).
- One application per PAN. A second application under the same PAN is rejected, and both may be.
- After allotment the blocked amount is released for shares not allotted. Allotment and refund queries go to the registrar, Maashitla Securities Pvt.Ltd., not to the exchange or the broker.
What is GMP in an IPO?
Grey Market Premium is the price at which an unlisted IPO application or share changes hands informally, before the stock is listed on the exchange. It is quoted as a rupee figure over the issue price: a premium of ₹0 on a ₹103 upper band means the grey market is dealing at ₹103.
The grey market is an over-the-counter market between private dealers. It is not operated or supervised by NSE, BSE or SEBI, no trade is settled through a clearing corporation, and no dealer is obliged to publish or honour a quote. Figures are collected by third-party reporters and different sources routinely disagree, which is why a premium can move sharply within a day or vanish entirely once bidding closes.
Grey Market Premium is an unofficial, unregulated over-the-counter datapoint reported by third parties. It is not a price, a forecast, or an indication of listing gains, and is not investment advice.