Emmvee Photovoltaic Power Ltd IPO
Price Range
₹206 - ₹217
-
Min. Quantity
69 Shares
Closes on
13 November 2025
-
Min. investment
₹14,973
Emmvee Photovoltaic Power Ltd IPO Timeline
| Event | Date |
|---|---|
| Emmvee Photovoltaic Power Ltd IPO Opening Date | 11 November 2025 |
| Emmvee Photovoltaic Power Ltd IPO Closing Date | 13 November 2025 |
| Basis of Allotment | 14 November 2025 |
| Initiation of Refunds | 17 November 2025 |
| Credit of Shares to Demat | 17 November 2025 |
| Emmvee Photovoltaic Power Ltd IPO Listing Date | 18 November 2025 |
Emmvee Photovoltaic Power Ltd IPO Details
| Emmvee Photovoltaic Power Ltd IPO Date | 11 November 2025 to 13 November 2025 |
| Emmvee Photovoltaic Power Ltd IPO Face Value | ₹2 per share |
| Emmvee Photovoltaic Power Ltd IPO Price | ₹206 to ₹217 per share |
| Emmvee Photovoltaic Power Ltd IPO Lot Size | 69 |
| Issue Size | Shares of ₹2 (aggregating up to ₹2,900 Cr) |
| Fresh Issue | Shares of ₹2 (aggregating up to ₹2143.86 Cr) |
| Offer for Sale | Shares of ₹2 (aggregating up to ₹756.14 Cr) |
| Issue Type | (Book Built Portion) |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not more than 4,22,33,010 of the Net Offer |
| Retail Shares Offered | Not less than 1,40,77,669 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 2,11,16,504 of the Net Offer |
| Company Promoters | Manjunatha Donthi Venkatarathn, Shubha Manjunatha Donthi, Suhas Donthi Manjunatha |
Emmvee Photovoltaic Power Ltd IPO Lot Size
The Emmvee Photovoltaic Power Ltd IPO lot size is 69 shares. A retail-individual investor can apply for up to 13 lots (897 shares or ₹1,94,649).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 69 | ₹14,973 |
| Maximum | 13 | 897 | ₹1,94,649 |
- Strengths
- Risks
- Opportunities
- Second largest pure-play integrated solar PV module and cell manufacturers in India.
- One of the largest solar PV module manufacturers in India with a track record of delivering quality products.
- Early mover advantage in leveraging higher efficiency TOPCon cell technology.
- Advanced manufacturing units driving efficient and sustainable operations.
- Valued relationships with a diverse customer base backed by a substantial order book.
- Experienced Promoter-led senior management team.
Company Financials
Emmvee Photovoltaic Power Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2025 | 1,017.24 | 1,792.57 | 161.92 |
| 03-2024 | 1,066.91 | 1,243.54 | 93.62 |
| 03-2023 | 611.31 | 724.07 | 22.65 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Repayment/ prepayment, in full or part, of all or certain outstanding borrowings and accrued interest thereon availed by the Company and its Material Subsidiary, EEPL
- General corporate purposes
Emmvee Photovoltaic Power Ltd IPO Promoter Holding
| Pre Issue Share Holding | 48.18% |
| Post Issue Share Holding | 38.79% |
Emmvee Photovoltaic Power Ltd IPO Subscription Status (Bidding Detail)
The Emmvee Photovoltaic Power Ltd IPO is subscribed 0.97 times on 13 November 2025 05:00:00 PM. The public issue subscribed 1.1 times in the retail category, 1.26 times in the QIB category, and 0.3 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 1.26 | 0.3 | 1.1 | - | 0.97 |
Emmvee Photovoltaic Power Ltd IPO Prospectus
Emmvee Photovoltaic Power Ltd IPO Listing Date
| BSE Script | |
| NSE Symbol | |
| Listing In | BSE, NSE |
| ISIN | INE1C6T01020 |
| IPO Price | ₹- |
| Face Value | ₹- |
Company Contact Information
13/1 International Airport RdBettahalasur Post,Bangalore-562157
Phone: +91 80 2217 4524
Email: investorrelations@emmvee.in
Website: www.emmveepv.com
Emmvee Photovoltaic Power Ltd IPO Registrar
Emmvee Photovoltaic Power Ltd IPO Lead Manager(s)
- JM Financial Limited
- IIFL Capital Services Limited
- Jefferies India Private Limited
- Kotak Mahindra Capital Company Limited
How to Check the Allotment Status of Emmvee Photovoltaic Power Ltd IPO?
To check the IPO allotment status, follow these steps:
- Visit the official website of the IPO registrar.
- Navigate to the IPO Allotment Status page.
- Select “Emmvee Photovoltaic Power Ltd” from the list of available IPOs.
- Enter any one of these - PAN Number, Application Number, DP/Client ID.
- Click on Submit to view your allotment status.
About Emmvee Photovoltaic Power Ltd IPO
Emmvee Photovoltaic Power Limited was originally incorporated as 'Emmvee Toughened Glass and Photovoltaics Private Limited' as a private limited company, dated March 21, 2007. Pursuant to a change in the name of the Company to 'Emmvee Photovoltaic Power Private Limited', a fresh Certificate of incorporation dated November 10, 2010, was issued by the RoC. Subsequently, the status converted to a public Company and the name has changed to 'Emmvee Photovoltaic Power Limited' dated May 7, 2025 issued by the Central Processing Centre, MCA, Haryana.