Himalayan Solar Ltd. has announced public offering of 6604800 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 93.00 per share. The gross proceeds of the issue are expected to be Rs 6,802.94 lakhs.
The company's initial public offer (IPO) will open on 25 September 2026 and is expected to close on 29 September 2026, subject to customary closing conditions. The price band of the issue has been fixed at Rs 98.00-103.00 per share.
The IPO includes a fresh Issue of 6604800 Equity Shares of the Company at an price of Rs 103.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1200 shares with bids in multiples of 1200.
Himalayan Solar Ltd. anticipates using the proceeds of the issue for .
Finshore Management Services Ltd. as lead manager & Maashitla Securities Pvt. Ltd. is the registrar, to the issue.