1
Open
[.]
2
Close
[.]
3
Allotment
—
4
Listing
[.]
Issue Size
57,76,800 shares (agg. up to ₹[.] Cr)
Listing Date
[.]
✦ AI Insight
Restated Financials (₹ Cr.)
| 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 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding Capital Expenditure towards purchase of additional plant and machinery for expansion and upgradation of existing manufacturing facility. | 12.98 |
| 2 | Repayment and / or pre-payment, in full or in part, of certain outstanding borrowings availed by the Company. | 2.60 |
| 3 | To meet Working Capital Requirements | 24.59 |
| 4 | General Corporate Expenses |
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 + Read More
Contact Details
Himalayan Solar Ltd. AddressSCO-411 2nd Floor,Sector 20,Panchkula, Haryana, 134117+91 7087117405cs@himalayansolar.co.inVisit Website