Himalayan Solar IPO Details
Himalayan Solar IPO Summary
Himalayan Solar IPO DRHP (Draft Red Herring Prospectus) has been Filed with Exchange.
Himalayan Solar IPO total issue size comprises 57,76,800 shares (aggregating up to ₹0.00 Cr.). This includes a fresh issue of 51,78,000 shares (aggregating up to ₹0.00 Cr.). Offer for Sale consists of 5,98,800 shares (aggregating up to ₹0.00 Cr.).
Himalayan Solar IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.
The Lead Managers for Himalayan Solar IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Finshore Management Services Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For detailed information, Refer to the Himalayan Solar Limited DRHP.
Himalayan Solar IPO Details
Himalayan Solar IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| To be announced | |||
Himalayan Solar IPO Reservation
Promoter Holding
Documents
Himalayan Solar IPO Valuations
Himalayan Solar Financial Information
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 93.83 | 84.14 | 32.54 |
| Total Income | 143.14 | 138.65 | 47.62 |
| Profit After Tax | 15.85 | 4.94 | 0.58 |
| EBITDA | 23.58 | 7.83 | 2.26 |
| NET Worth | 25.87 | 10.33 | 5.39 |
| Reserves and Surplus | 22.27 | 6.72 | 1.78 |
| Total Borrowing | 26.95 | 23.54 | 18.99 |
| Amount in ₹ Crore | |||
About Himalayan Solar IPO
Incorporated in 2015, Himalayan Solar Limited is specializes in providing integrated turnkey solar energy solutions offering services including design, manufacturing, supply, installation, and commissioning of wide range of solar products, with a primary focus on Solar Water Pumping Systems.
They provide solar energy solutions for Solar Inverter Charge Systems and Solar Rooftop Power Systems.
As on March 31, 2025, they have a qualitative experience in implementation of more than 61000 HP capacity of Solar Water Pumping Systems as part of Government Projects in India and this quantity will further increase to 100000 HP by end of FY 2025-26.
As on August 31, 2025, the Company have employed 64 employees.
Competitive Strengths:
- Experienced Solar PV Module Manufacturer
- Experienced Promoters backed by a strong management team
- Strong Presence in Government-Focused Renewable Energy Projects Across Multiple States
- Strong relationship with customers and suppliers.
- Ability to implement our Solar Products portfolio is Government-backed Solar Projects as supplemental value addition along with their manufacturing business.
- Strong Order Book
Strength Of Himalayan Solar IPO
Risk Of Himalayan Solar IPO
Objectives Himalayan Solar IPO
1. Funding Capital Expenditure towards purchase of additional plant and machinery for expansion and upgradation of existing manufacturing facility.
2. Repayment and / or pre-payment, in full or in part, of certain outstanding borrowings availed by the Company.
3. To meet Working Capital Requirements
4. General Corporate Expenses
Company Contact Details
Himalayan Solar Ltd.
SCO-411 2nd Floor,
Sector 20,
Panchkula, Haryana, 134117
Phone: +91 7087117405
Email: cs@himalayansolar.co.in
Website: http://www.himalayansolar.co.in/
Registrar Contact Details
Market Maker
Himalayan Solar FAQs
The Himalayan Solar IPO is a SME public issue comprising 5776800 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹0.00 Cr.. The issue price has been fixed at ₹0 per equity share, and the minimum application size is 0 shares.
The IPO opens for subscription on TBA, and closes on TBA.
Maashitla Securities Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the NSE
As of now, the current GMP stands at TBA.
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