Prof H P Dikshit was a Fellow and President of International Academy of Physical Sciences, Allahabad (2007 - 2017). Prof. H P Dikshit Memorial Award is given every year by the International Academy of Physical Sciences, Prayagraj (Allahabad) to a researcher below 45 years of age working in India in any branch of pure Mathematics from 2018. It carries a token cash of Rs. 10,000, certificate and memento. Following are the recipients of this Award:

1. Dr. Rakesh Kumar, Associate Professor, Mathematics, Punjabi University, Patiala, Punjab, 2018

2. Dr. Vishnu Narayan Mishra, Associate Professor, Mathematics, Indira Gandhi National Tribal University, Amarkantak, Madhya Pradesh , 2019

3. Dr. Manish Kumar Gupta, Assistant Professor, Mathematics, Guru Ghasidas Vishwavidyalaya, Bilaspur, Chhattisgarh, 2021