Company Intelligence Profile

Himalayan Solar Limited

Himalayan Solar Limited is a Panchkula-based maker and installer of solar water pumping systems and solar modules, founded in 2015.

CIN: U40100HR2015PLC056609ActiveRoC Haryana

Last updated 28 October 2026

AI OverviewGenerated from public records

Himalayan Solar Limited makes and installs solar water pumping systems, rooftop systems and solar modules, mostly for government customers. It was incorporated on 08 Sep 2015 and is registered in Haryana. Revenue was ₹170.34 Cr in FY2025-26. The company raised about ₹68.03 Cr in an SME IPO in Sep 2026 and listed on NSE EMERGE on 05 Oct 2026.

AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.

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Company Identity

Registered nameHimalayan Solar Limited
CINU40100HR2015PLC056609
StatusActive
Listing
  • Newly listed on NSE EMERGE (SME) around 5 Oct 2026 after IPO of 25-29 Sep 2026
  • Angel One and the DRHP say NSE EMERGE
  • Treat NSE EMERGE as the likely venue
Incorporated8 September 2015
ROCRoC Haryana
Sector (NIC)Energy (NIC 40100)
Registered addressSCO 411, Sector 20, Panchkula, Haryana 134117
Authorized capitalRs 23.00 crore
Paid-up capitalRs 16.22 crore

Business Overview

  • Himalayan Solar Limited designs, makes, supplies, installs and commissions solar water pumping systems, rooftop systems and solar inverter and charge systems.
  • Most of its work is for government customers, mainly in Haryana and Maharashtra.
  • It makes Mono PERC solar modules in Karnal, Haryana, with 60 MW of annual capacity.
  • The company was incorporated on 08 Sep 2015 and is based in Panchkula, Haryana.

Directors

NameDINRoleAppointed
Manjeet Singh08202191Director-
Mehtab Singh08436465Director-
Sankara Sastry Oruganti10179426Director-
Himanshu Dalal10774582Director-

Financials

FY2025-26
  • Revenue ₹170.34 Cr
FY2024-25
  • Revenue ₹142.44 Cr
FY2023-24
  • Revenue ₹138.32 Cr
FY2022-23
  • Revenue ₹47.59 Cr
  • Net profit ₹0.58 Cr

Funding

  • IPO on NSE EMERGE (SME), 25-29 Sep 2026, price band ₹98-103 per share.
  • Issue size about ₹68.03 Cr: fresh issue ₹60.68 Cr and offer for sale ₹7.35 Cr.
  • Shares listed on 05 Oct 2026.
  • Fresh issue money is for working capital ₹29.5 Cr, capex ₹12.98 Cr, debt repayment ₹2.12 Cr and general purposes ₹16.08 Cr.
  • Lead manager: Finshore Management Services.
  • Registrar: Maashitla Securities.

Shareholding

Promoters before the IPO100%
Promoters after the IPO70.13%
PromotersManjeet Singh, Karthiyani M, Himanshu Dalal, Mehtab Singh, Anita Kumari

Charges & Borrowings

  • Term loan from ICICI Bank, partly repaid from IPO proceeds.

Competitors

Solarium Green Energy
listed SME solar peer
Australian Premium Solar
listed SME solar peer
Shakti Pumps
larger solar pump maker
Oswal Pumps
larger solar pump maker

Frequently Asked Questions

What does Himalayan Solar Limited do?
Himalayan Solar Limited designs, makes, supplies, installs and commissions solar water pumping systems, rooftop systems and solar inverter and charge systems. It also makes Mono PERC solar modules in Karnal, Haryana.
When was Himalayan Solar Limited incorporated?
Himalayan Solar Limited was incorporated on 08 Sep 2015. It was first Himalayan Solar Private Limited and became a public company on 22 Nov 2024.
What is the CIN of Himalayan Solar Limited?
The CIN of Himalayan Solar Limited is U40100HR2015PLC056609.
Where is Himalayan Solar Limited registered?
The registered office is at SCO 411, Sector 20, Panchkula, Haryana 134117. The company is registered with RoC Haryana.
Who are the directors of Himalayan Solar Limited?
The directors are Manjeet Singh, Mehtab Singh, Anita, Sankara Sastry Oruganti and Himanshu Dalal.

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Disclaimer: Company information shown on this page is compiled from public records and third-party sources. It may be incomplete, outdated, or contain inaccuracies, and is provided for general informational purposes only. Please verify details independently before relying on them.