Himalayan Solar IPO Final Subscription Status

Final subscription data from BSE & NSE with category-wise breakdowns

❄️ Cooling off
📈 GMP Today 🎟️ Allotment Status 📄 Full IPO Details Listed at NSE · Registrar: Maashitla Securities Pvt.Ltd.
Listed SME
Price: ₹98 - ₹103 Lot: 2400 Min: ₹2,47,200 Period: 25 Sept - 29 Sept
Subscribed
1.25x
Total Demand
₹71 Cr
Applications
1,719
Build by Day
0.51x → 0.77x → 1.25x

Subscription (Shares)

CategoryOfferedAppliedTimes
QIB 5,02,800 8,36,400 1.66
NII 18,79,200 21,03,600 1.12
bNII (>10 Lakh) 12,52,800 19,21,200 1.53
sNII (2-10 Lakh) 6,26,400 1,82,400 0.29
Retail 31,39,200 39,64,800 1.26
TOTAL 55,21,200 69,04,800 1.25

Application Breakup

CategoryReservedApplicationsTimes
NII 522 62 0.12
bNII (>10 Lakh) 348 16 0.05
sNII (2-10 Lakh) 174 46 0.26
Retail 1,308 1,652 1.26
TOTAL 2,352 1,719 0.73

Subscription (Crores)

CategoryOfferedDemandTimes
QIB 5.18 8.61 1.66
NII 19.36 21.67 1.12
bNII (>10 Lakh) 12.90 19.79 1.53
sNII (2-10 Lakh) 6.45 1.88 0.29
Retail 32.33 40.84 1.26
TOTAL 56.87 71.12 1.25

Day-wise Subscription

End-of-day subscription.

Each panel has its own scale.
Day QIB NII bNII sNII Retail Total
Day 1 25 Sept 0.85x 0.42x 0.62x 0.04x 0.51x 0.51x
Day 2 28 Sept 1.58x 0.44x 0.63x 0.05x 0.84x 0.77x
Day 3 29 Sept 1.66x 1.12x 1.53x 0.29x 1.26x 1.25x

Estimated Allotment Chance

Retail 90.5% (1.26x subscribed)
High chance
S-HNI (2-10L) 100.0% (0.29x subscribed)
High chance
B-HNI (>10L) 100.0% (1.53x subscribed)
High chance
about 9 in 10 retail applicants are likely to get allotment.
Estimate from subscription data; the registrar's draw decides.

How Himalayan Solar’s demand compares with recent SME IPOs

Final multiples against the 192 SME IPOs listed in the last 12 months.

CategoryHimalayan SolarSME medianHigher than
Overall 1.25x 4.03x 9% of 192
QIB 1.66x 14.98x 25% of 163
NII (HNI) 1.12x 5.36x 17% of 192
Retail 1.26x 3.58x 17% of 192

Of the 88 recent SME IPOs that finished under 3x subscribed, 32% opened above the issue price, with a median listing-day move of +0%. Himalayan Solar itself listed at −17.5%.

Source: BSE and NSE. Not investment advice.

Himalayan Solar IPO Subscription — Detailed Analysis

Where Himalayan Solar Subscription Finished

Himalayan Solar IPO was subscribed 1.25 times overall by the close of bidding — fully covered, indicating decent investor interest. A total of 1,719 applications were received.

Himalayan Solar IPO Subscription — FAQs

Himalayan Solar IPO was subscribed 1.25 times overall by the close of bidding.

Himalayan Solar IPO was open for subscription from September 25, 2026 to September 29, 2026.

The price band for Himalayan Solar IPO is ₹98 - ₹103 per share.

See also: reading the subscription table · allotment chances · allotment process

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