Himalayan Solar IPO Subscription Status
Himalayan Solar IPO was subscribed 1.18 times when bidding closed on 29 Sep 2026: QIB 1.66x, NII 0.95x, Retail 1.26x.
The Himalayan Solar IPO has been subscribed 1.18x times overall. Retail investors have shown interest with bids for 1.26x the shares available. The Non-Institutional Investor (NII) category has been subscribed 0.95x. Within NII, Big HNI (B-HNI) subscribed 1.3x and Small HNI (S-HNI) subscribed 0.25x. Qualified Institutional Buyers (QIBs) have subscribed 1.66x. Data last updated on 07 Oct, 06:00 PM.
The IPO subscription period has ended. The issue opened on 25 Sep, 2026 and closes on 29 Sep, 2026. The shares are expected to list on stock exchanges on 05 Oct, 2026.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Live bidding
Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.
| Category | Bid details | Times |
|---|---|---|
| QIB | 8,36,400 of 5,02,800 4 applications | 1.66x |
| NII | 21,03,600 of 22,10,400 58 applications | 0.95x |
bHNI — bid amount above ₹10 Lakh |
19,21,200 14 applications | 1.3 |
sHNI — bid amount ₹2–10 Lakh |
1,82,400 44 applications | 0.25 |
| Retail | 39,64,800 of 31,39,200 1,632 applications | 1.26x |
| TOTAL | 69,04,800 1,694 applications | 1.18x |
Himalayan Solar IPO Basis of Allotment
Final Final figures published by the registrar, after technical rejections. Allotment price ₹103.
| Category | AppsApplications | GotAllottees | Odds |
|---|---|---|---|
| QIB 1.02x subscribed | 8 | 8 | AllAll allotted |
|
Ex. Anchor
Ex. Anchor
|
4 | 4 | AllAll allotted |
|
Anchor
Anchor Investors
|
4 | 4 | AllAll allotted |
| NII (HNI) 0.71x subscribed | 58 | 58 | AllAll allotted |
|
bNII >₹10L
bNII — above ₹10 Lakh
|
14 | 14 | AllAll allotted |
|
sNII <₹10L
sNII — below ₹10 Lakh
|
44 | 44 | AllAll allotted |
| Retail 1.25x subscribed | 1,632 | 1,536 | 8 out of 98 out of 9 |
| TOTAL 1.04x subscribed | 1,698 | 1,602 | 8 out of 98 out of 9 |
Himalayan Solar IPO allotment probability
Your odds of an allotment in each category at the current subscription.
Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.
Subscription insights
What the current book is saying, read off the category numbers above.
Retail Allotment
Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 79.4% for a single lot.
Day-wise subscription history
End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.
| Date | Total | ||
|---|---|---|---|
|
29 Sep 2026
Day 3 |
1.18x | ▼ | |
|
QIB1.66x
NII0.95x
Retail1.26x
|
|||
|
28 Sep 2026
Day 2 |
0.72x | ▼ | |
|
QIB1.58x
NII0.37x
Retail0.84x
|
|||
|
25 Sep 2026
Day 1 |
0.48x | ▼ | |
|
QIB0.85x
NII0.36x
Retail0.51x
|
|||
Himalayan Solar SME IPO dates
From the bidding window to listing. Today is 8 November.
- Open 25 Sep 2026
- Close 29 Sep 2026
- Allotment 30 Sep 2026
- Refund/credit 01 Oct 2026
- Listing 05 Oct 2026
What does this subscription data mean?
IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:
- 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
- 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
- 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
- 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.
Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.
Frequently asked
What is the current subscription status of Himalayan Solar IPO?
As of IPO close date (29 Sep, 2026), the Himalayan Solar IPO is subscribed 1.18x times. Retail category is 1.26x, and NII is 0.95x subscribed.
When is the allotment date for Himalayan Solar IPO?
The allotment for Himalayan Solar IPO is expected to be finalized on 30 September, 2026.
When will Himalayan Solar IPO list on the stock market?
Himalayan Solar is scheduled to list on BSE and NSE on 05 October, 2026.
What are the chances of getting allotment in Himalayan Solar IPO?
The retail category is oversubscribed at 1.26x, meaning allotment is by lottery. Statistically, approximately 1 in 2 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 1.66x mean for Himalayan Solar IPO?
Moderate — QIBs have subscribed 1.66x. Institutional demand is present but not overwhelming. Watch for any last-minute QIB surge on the final day.
How to check Himalayan Solar IPO allotment status?
After the allotment date (30 Sep, 2026), you can check your Himalayan Solar IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.
Explore Himalayan Solar SME IPO further
Track every stage of this IPO, from subscription to listing.
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Live grey market premium, Kostak and Subject to Sauda, with the day-wise trend.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
