Emmvee Photovoltaic Power IPO open date is November 11, 2025, and the closing date is November 13, 2025. This new IPO is a book-built issue worth Rs 2,900 crore. This upcoming IPO consists of a fresh issue of Rs 2,143.86 crore and an offer for sale of Rs 756.14 crore.
Emmvee Photovoltaic Power IPO price band is Rs 206 to Rs 217 per share. As of November 8, 2025, the Emmvee Photovoltaic Power IPO GMP Live quotation is at Rs 20 (+9.22%) per share. Live IPO Grey Market Premium details are available online. However, the Emmvee Photovoltaic Power IPO DRHP was filed with SEBI in July 6, 2025.
Emmvee Photovoltaic Power IPO allotment status will be available after the close of subscription. Emmvee Photovoltaic Power IPO lot size is 69 shares. The minimum investment for retail investors for 1 lot is Rs 14,973. The registrar for the Emmvee Photovoltaic Power IPO is Kfin Technologies Ltd. Emmvee Photovoltaic Power IPO listing date is November 18, 2025.
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Emmvee Photovoltaic Power IPO GMP
Emmvee Photovoltaic Power IPO GMP is Rs 20 (+9.22%) per share as on November 8, 2025. The IPO GMP today indicates the growing interest of retail investors in the IPO. You can check the latest IPO Grey Market Premium online from the first day of subscription. If the subscription is oversubscribed, then Emmvee Photovoltaic Power IPO GMP might rise.
Emmvee Photovoltaic Power IPO Open Date, Close Date
Emmvee Photovoltaic Power IPO open date is November 11, 2025, and the IPO close date is November 13, 2025. The initiation of the refund date is November 17, 2025, and the credit of shares will be on November 17, 2025.
Emmvee Photovoltaic Power IPO Price Band
Emmvee Photovoltaic Power IPO price band is Rs 206 to Rs 217 per share. The minimum amount of investment for the retail category is Rs 14,973, and for small HNI, the minimum investment is Rs 2,09,622. The minimum investment for the Big HNI is Rs 10,03,191.
Emmvee Photovoltaic Power IPO Issue Size
Emmvee Photovoltaic Power IPO is a book-built issue worth Rs 2,900 crore. The issue comprises a fresh issue of Rs 2,143.86 crore and an offer for sale of Rs 756.14 crore.
Emmvee Photovoltaic Power IPO Allotment Status
Emmvee Photovoltaic Power IPO allotment status will be available after November 14, 2025. The listing will be on the BSE and NSE platforms. The registrar of this IPO is Kfin Technologies Ltd. Investors can check their allotment status after the subscription of the IPO ends.
Emmvee Photovoltaic Power IPO Listing Date
Emmvee Photovoltaic Power IPO listing date is November 18, 2025. The listing will be on the BSE and NSE platforms. Retail investors can sell the shares after 10 AM on the listing day.
Emmvee Photovoltaic Power IPO: Listing Date, Lot Size, Price Band
|
IPO Date |
Nov 11, 2025 to Nov 13, 2025 |
|
Listing Date |
Nov 18, 2025 |
|
Face Value |
Rs 2 per share |
|
Issue Price Band |
Rs 206 to Rs 217 per share |
|
Lot Size |
69 Shares |
|
Total Issue Size |
13,36,40,552 shares |
|
Fresh Issue |
9,87,95,483 shares |
|
Offer for Sale |
3,48,45,069 shares of Rs 2 |
|
Issue Type |
Book-built IPO |
|
Listing At |
BSE, NSE |
|
Share Holding Pre-Issue |
7,21,32,080 shares |
|
Share Holding Post-Issue |
9,64,32,080 shares |
Emmvee Photovoltaic Power Limited: About the Company

Emmvee Photovoltaic Power Limited, incorporated in 1992, is one of India’s leading solar module manufacturers and renewable energy solution providers. The company is engaged in the design, development, manufacturing, and sale of high-quality solar photovoltaic (PV) modules and systems for various applications, including rooftop and ground-mounted projects. Emmvee also provides turnkey EPC (engineering, procurement, and construction) services for solar installations.
The company operates state-of-the-art manufacturing facilities in Bengaluru with an annual production capacity exceeding 3 GW. It has delivered solar modules and projects to multiple domestic and international markets and is expanding its capacity to meet rising global renewable energy demand.
Emmvee is known for its technology-driven approach, quality certifications, and strong R&D foundation, serving residential, commercial, and utility-scale clients across India, Europe, and the Middle East.
Emmvee Photovoltaic Power IPO Objectives
Emmvee Photovoltaic Power plans to utilize the net proceeds from the issue towards the repayment or prepayment, in full or in part, of outstanding borrowings along with accrued interest availed by the company and its material subsidiary, amounting to Rs 1,621.29 crores. The remaining funds will be used for general corporate purposes.
Emmvee Photovoltaic Power IPO: Key Dates, Allotment, Listing Date
|
IPO Open Date |
Nov 11, 2025 |
|
IPO Close Date |
Nov 13, 2025 |
|
Basis of Allotment |
Nov 14, 2025 |
|
Initiation of Refunds |
Nov 17, 2025 |
|
Credit of Shares to Demat |
Nov 17, 2025 |
|
Listing Date |
Nov 18, 2025 |
|
Cut-off time for UPI mandate |
5 PM Nov 13, 2025 |
Emmvee Photovoltaic Power Financials (Amt in Rs Cr)
|
Period Ended |
30 Jun 2025 |
31 Mar 2025 |
31 Mar 2024 |
31 Mar 2023 |
|
Assets |
4,347.72 |
3,913.94 |
2,189.99 |
840.79 |
|
Total Income |
1,042.22 |
2,360.33 |
954.44 |
644.37 |
|
Profit After Tax |
187.68 |
369.01 |
28.90 |
8.97 |
|
EBITDA |
347.38 |
721.94 |
120.44 |
56.27 |
|
NET Worth |
718.79 |
531.41 |
162.77 |
133.97 |
|
Reserves and Surplus |
608.83 |
529.37 |
160.73 |
131.93 |
|
Total Borrowing |
2,032.11 |
1,949.69 |
1,441.30 |
519.62 |
Emmvee Photovoltaic Power IPO Lot Size Details
Emmvee Photovoltaic Power IPO lot size is 69 shares. The minimum amount of investment for the retail category is Rs 14,973, and for small HNI, the minimum investment is Rs 2,09,622.
Emmvee Photovoltaic Power IPO Promoter Holdings
The promoters of Emmvee Photovoltaic Power Limited are Manjunatha Donthi Venkatarathnaiah, Shubha Manjunatha Donthi, Suhas Donthi Manjunatha and Sumanth Manjunatha Donthi. The promoter shareholding before the IPO was 100%; after the IPO, the promoter shareholding will going to decline.
Emmvee Photovoltaic Power IPO Registrar
Emmvee Photovoltaic Power IPO registrar is Kfin Technologies Ltd. On the date of allotment, investors can visit the registrar’s website, select the name of the company, and enter their PAN number or application ID to check their allotment status.
How to Apply to the Emmvee Photovoltaic Power IPO
Interested investors can apply to the Emmvee Photovoltaic Power IPO directly from the Bigul trading app by clicking here. Investors can also check the details of other upcoming IPOs in Bigul.
Emmvee Photovoltaic Power IPO FAQ
1. What are the details of the Emmvee Photovoltaic Power IPO?
Emmvee Photovoltaic Power IPO is a book-built issue worth Rs 2,900 crore, comprising a fresh issue of Rs 2,143.86 crore and an offer for sale of Rs 756.14 crore.
2. When will the Emmvee Photovoltaic Power IPO open and close?
Emmvee Photovoltaic Power IPO open date is November 11, 2025, and the IPO close date is November 13, 2025. The initiation of the refund date is November 17, 2025, and the credit of shares will be on November 17, 2025.
3. What is Emmvee Photovoltaic Power IPO GMP?
Emmvee Photovoltaic Power IPO GMP quotation is at Rs 20 (+9.22%) per share as on November 8, 2025. You can check the latest GMP price online once the subscription starts. If the subscription is oversubscribed, then Emmvee Photovoltaic Power IPO GMP will also rise.
4. Write the details of the IPO Allotment Status.
Emmvee Photovoltaic Power IPO allotment status will be available on November 14, 2025. The listing will be on the BSE and NSE platforms. The registrar of this IPO is Kfin Technologies Ltd.
5. Who is the registrar and the lead managers for Emmvee Photovoltaic Power IPO?
The registrar is Kfin Technologies Ltd. The lead managers for the Emmvee Photovoltaic Power IPO are JM Financial Ltd, IIFL Capital Services Ltd, Jefferies India Pvt Ltd, Kotak Mahindra Capital Co Ltd.
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