Emmvee Photovoltaic Power Ltd. IPO
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 11-11-2025 | 13-11-2025 | ₹2 per share | 217 | 69 Shares | BSE, NSE | ₹206 to ₹217 per share | 2025-11-14 00:00:00 | 2025-11-17 00:00:00 | 2025-11-17 00:00:00 | 18-11-2025 |
About The Company
Emmvee Photovoltaic IPO is a book build issue of ₹2,900.00 crores. The issue is a combination of fresh issue of 9.88 crore shares aggregating to ₹2,143.86 crores and offer for sale of 3.48 crore shares aggregating to ₹756.14 crores.
Emmvee Photovoltaic IPO opens for subscription on Nov 11, 2025 and closes on Nov 13, 2025. The allotment for the Emmvee Photovoltaic IPO is expected to be finalized on Nov 14, 2025. Emmvee Photovoltaic IPO will list on BSE, NSE with a tentative listing date fixed as Nov 18, 2025.
Emmvee Photovoltaic IPO price band is set at ₹206.00 to ₹217.00 per share . The lot size for an application is 69. The minimum amount of investment required by an retail is ₹14,973 (69 shares) (based on upper price). The lot size investment for sNII is 14 lots (966 shares), amounting to ₹2,09,622, and for bNII, it is 67 lots (4,623 shares), amounting to ₹10,03,191.
JM Financial Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 31-03-2023 | 841 | 644 | 9 | 133.97 | 131.93 | 519.62 |
| 31-03-2024 | 2190 | 954 | 29 | 162.77 | 160.73 | 1441.3 |
| 31-03-2025 | 3914 | 2360 | 369 | 531.41 | 529.37 | 1949.69 |
| 30-06-2025 | 4348 | 1042 | 188 | 718.79 | 608.83 | 2032.11 |
IPO Subscription Status
| Category | Subscription Times |
|---|---|
| Anchor Investors | 1 |
| QIB (Ex Anchor) | 1.33 |
| Non-Institutional Buyers | 0.32 |
| Retail Investors | 1.16 |
| Total | 1.02 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 69 | 14973 |
| Retail (Max) | 13 | 897 | 194649 |
| S-HNI (Min) | 14 | 966 | 209622 |
| S-HNI (Max) | 66 | 4554 | 988218 |
| B-HNI (Min) | 67 | 4623 | 1003191 |
IPO Listing Details
| Listing Date | 18-11-2025 |
| BSE Script Code | 544608 |
| NSE Symbol | EMMVEE |
| ISIN | INE1C6T01020 |
| Final Issue Price | 217 |
Promoter holdings
Manjunatha Donthi Venkatarathnaiah, Shubha Manjunatha Donthi, Suhas Donthi Manjunatha and Sumanth Manjunatha Donthi.
Contact Information of the Company
Emmvee Photovoltaic Power Ltd.
13/1, International Airport Road
Bettahalasur Post
Bengaluru, Karnataka, 562157
Phone: +91 80 2217 4524
Email: investorrelations@emmvee.in
Website: https://www.emmveepv.com/
IPO Registrar
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: Emmvee.ipo@kotak.com
Website: https://ipostatus.kfintech.com/
IPO Lead Manager
JM Financial Ltd., IIFL Capital Services Ltd., Jefferies India Pvt. Ltd., Kotak Mahindra Capital Co. Ltd.