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Himalayan Solar Ltd
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Registered Office:
SCO-411 2nd Flr Sector 20,
,
Panchkula
-
134117
,
Haryana
, India.
Phone :
+91 7087117405 Fax:
Email : cs@himalayansolar.co.in
Website : www.himalayansolar.co.in
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Initial public offer of up to 66,04,800 equity shares of face value of Rs10 each ("Equity Shares") of Himalayan solar Limited (the "Company" or the "Issuer") for cash at a price of Rs103 per equity share, including a share premium of Rs93 per equity share (the "Issue Price"), aggregating to Rs68.03 Crores ("the Issue"), comprising a fresh issue of up to 58,90,800 equity shares aggregating to Rs60.68 Crores by the company ("Fresh Issue") and an offer for sale of up to 7,14,000 equity shares by Karthyayini M ("the Promoter Selling Shareholder" or "Selling Shareholder") aggregating to Rs7.35 Crores ("Offer For Sale"). Out of the offer up to 3,31,200 equity shares of face value of Rs10 each for cash at a price of Rs103 per equity share, aggregating to Rs3.41 Crores will be reserved for subscriptions by the market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 62,73,600 equity shares of face value of Rs10 each for cash at a price of Rs103 per equity share, aggregating to Rs64.62 Crores is here in after referred to as the "Net Issue". The issue and the net issue will constitute 29.87% and 28.37% respectively of the post issue paid-up equity share capital of the company.
Price Band: Rs103/- per equity share of face value of Rs10/- each.
The floor price is 10.3 times of the face value of the equity shares.
Bids can be made for a minimum of 2400 equity shares and in multiples of 1200 equity shares thereafter.
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Opens On
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Closes On
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Application
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Allotment
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25-Sep-26
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29-Sep-26
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Rs 103.00-0.00
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Rs 0.00-0.00
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Minimum Application for shares in Nos :2400 Further
Multiples of :1200
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(Rs Cr)
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Lead Managers to the Issue
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Project Cost
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52.72
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| Finshore Management Services Limited |
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Project Financed through Current Offer
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68.03
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Post Issue Equity Share Capital
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22.11
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Issue Price
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Rs 103.00
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