Himalayan Solar Ltd.
PROSPECTUS · filed 25 Sept 2026
Himalayan Solar Ltd. is a company that is not currently loss-making, with a latest revenue of Rs 170.34 crore and a profit after tax of Rs 20.67 crore. The company has reported a revenue compound annual growth rate (CAGR) of 10.97% over the relevant period. The draft prospectus outlines the company's business operations, financial trajectory, and material risks associated with the proposed offer.
Partial analysis — some sections could not be read from the document (found: capitalisation, cover, financials, litigation, price_basis, promoters, related_party, risks).
What stands out
Criminal proceedings disclosed. Criminal proceedings against the company: HVR Solar Pvt Ltd Vs. M/S Himalayan Solar Private Limited and Ors. (CT. Cases/14548/2023), Court of Chief Judicial Magistrate, North-West, RHC. The complainant alleges deceitful inducement to supply Solar PV Modules worth over ₹34 lakh, with two cheques amou
How the offer is structured
Restated financials
Revenue
₹170 Cr
Latest fiscal year
Profit after tax
₹20.7 Cr
Revenue CAGR
11.0%
PAT CAGR
104.4%
| Fiscal year | Revenue | EBITDA | PAT | Net worth |
|---|---|---|---|---|
| 2024 | ₹138 Cr | ₹4.9 Cr | ||
| 2025 | ₹142 Cr | ₹16.4 Cr | ||
| 2026 | ₹170 Cr | ₹20.7 Cr |
Promoters, litigation & related parties
Promoter (pre)
100.0%
Proceedings
1
Criminal proceedings against the company: HVR Solar Pvt Ltd Vs. M/S Himalayan Solar Private Limited and Ors. (CT. Cases/14548/2023), Court of Chief Judicial Magistrate, North-West, RHC. The complainant alleges deceitful inducement to supply Solar PV Modules worth over ₹34 lakh, with two cheques amounting to ₹17.44 Lacs each dishonoured. The complainant seeks judicial intervention for cheating, conspiracy, criminal intimidation, and breach of contract.
How this document reads, dimension by dimension
Each bar is a fixed formula applied to the figures shown above, scored 0–100. This is a reading of what the company disclosed — not a recommendation to apply or avoid, not a price target, and not a prediction of listing performance. Dimensions that could not be extracted are excluded rather than assumed, so coverage varies between documents.

