Himalayan Solar IPO Allotment Status

Listed RegistrarMaashitla Securities Pvt.Ltd. Allotment30 Sept 2026 Listed at₹85.00 -17.48%

Himalayan Solar allotment was due 30 Sept Wed, 30 Sept 2026

Maashitla Securities Pvt.Ltd. publishes the result once the basis of allotment is final. The PAN check opens on this page as soon as it's out — come back then.

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Himalayan Solar IPO — Allotment & Listing Timeline

  1. IPO Open 25 Sept 2026
  2. IPO Close 29 Sept 2026
  3. Basis of Allotment 30 Sept 2026
  4. Refund Initiation 01 Oct 2026
  5. Credit to Demat 01 Oct 2026
  6. Listing Date 05 Oct 2026
Issue Price₹98–103
Lot Size2400 shares
Issue Size₹68.03 Cr
IPO TypeSME
Listing AtNSE
RegistrarMaashitla Securities Pvt.Ltd.
Listing Price₹85.00
Listing Gain-17.48%

Himalayan Solar IPO — Subscription & Allotment Odds

Based on the final subscription figures for Himalayan Solar IPO (overall 1.25x subscribed). The more a category is oversubscribed, the lower each applicant's chance of allotment.

Retail 90.5% (1.26x)
High chance
S-HNI 100.0% (0.29x)
High chance
B-HNI 100.0% (1.53x)
High chance

In the Retail category, about 9 in 10 applicants would get an allotment in Himalayan Solar IPO. Winners are picked by draw of lots and each gets 2,400 shares (2 lots), so applying for more than the minimum does not improve retail odds.

How Many Himalayan Solar Retail Applicants Get Shares

Retail shares reserved31,39,200
Minimum application2,400 shares · ₹2,47,200
Retail winners (max)1,308
Retail applications (est.)~1,446

Himalayan Solar set aside 31,39,200 shares for retail (individual) investors. Each successful applicant receives 2,400 shares (2 lots), so the retail quota can serve at most 1,308 applicants. With retail subscribed 1.26x, that points to roughly 1,446 retail applications competing for those allotments.

Estimate from the prospectus reservation and the final subscription; the registrar's Basis of Allotment has the exact count.

Himalayan Solar IPO Subscription, Day by Day

Times subscribed at the close of each bidding day.

DayRetailNII QIB Total
Day 1 0.51x 0.42x 0.85x 0.51x
Day 4 0.84x 0.44x 1.58x 0.77x
Day 5 1.26x 1.12x 1.66x 1.25x

Retail demand grew from 0.51x on day 1 to 1.26x by day 5 — 2.5x over the bidding window.

Himalayan Solar Retail Odds vs Earlier SME IPOs

At about 90.5%, the estimated retail odds for Himalayan Solar were lower than 3 of the 10 SME IPOs before it.

Median across those 10 issues: 73.0%. Best odds: Green Asia Impex (100.0%, retail 0.56x); lowest: Roopa Screen (0.22%, retail 529.82x).

What Himalayan Solar Allottees Made on Listing Day

Issue price₹103.00
Listing price₹85.00
Per minimum application−₹43,200

Himalayan Solar listed at ₹85.00 (-17.48% on the issue price). An applicant allotted 2,400 shares (2 lots) was down about ₹43,200 at the listing price, before charges.

Checking Himalayan Solar Allotment

Enter the PAN you applied with in the box above; the check goes to Maashitla Securities Pvt.Ltd., the registrar for Himalayan Solar IPO, which finalised the allotment on 30 Sept 2026.

How the draw of lots works is the same for every issue — see IPO Allotment Process Explained. See all recent IPO allotment results. Last updated: 26 Oct 2026, 08:26 pm IST.

Himalayan Solar Allotment FAQs

The registrar for Himalayan Solar IPO is Maashitla Securities Pvt.Ltd., which finalised the allotment on 30 Sept 2026.

The Himalayan Solar IPO allotment date was 30 Sept 2026; the issue closed on 29 Sept 2026.

The amount blocked through your ASBA / UPI mandate is released within 1-2 working days of the 30 Sept 2026 allotment; the refund date for Himalayan Solar was 01 Oct 2026. With retail subscribed 1.26x, roughly 10% of retail applicants were expected to miss out.

Allotted Himalayan Solar shares are credited on 01 Oct 2026, ahead of listing on 05 Oct 2026.

Himalayan Solar was subscribed 1.25x overall. Oversubscribed categories are allotted by draw of lots, each winner getting the minimum application, which in retail is 2,400 shares (2 lots). Estimated odds: Retail 1.26x, about 90.5%; S-HNI 0.29x, about 100.0%; B-HNI 1.53x, about 100.0%. QIB is allotted proportionately, not by lottery.
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