The Emmvee Photovoltaic Power IPO began on 11-November-2025. It will close on 13-November-2025. The Total IPO Size is 2,900.00 Crores. The company set its IPO price at 217 Rs Per Share.
There are three basic categories in Emmvee Photovoltaic Power IPO Subscription: 1) Qualified Institutional Buyers, 2) Non-Institutional Investors, and 3) Retail.
Emmvee Photovoltaic Power are pure-play integrated solar photovoltaic (“PV”) module and solar cell manufacturing company.
They have a solar PV module production capacity of 7.80 GW and a solar cell production capacity of 2.94 GW.
They operate four manufacturing units across two locations in Karnataka, spread across a total land area of 22.44 acres.
Their solar cell manufacturing unit at Dobbaspet, Bengaluru, Karnataka is one of the largest TOPCon solar cell manufacturing facilities in India .
Emmvee Photovoltaic Power IPO Promoters
Manjunatha Donthi Venkatarathnaiah, Shubha Manjunatha Donthi, Suhas Donthi Manjunatha and Sumanth Manjunatha Donthi are the promoters of the company.
Emmvee Photovoltaic Power IPO Date, Details & Price Band
The Emmvee Photovoltaic Power IPO Price Band, IPO Dates, Market lot and other details mentioned in the table below.
| IPO Opening Dates | 11-November-2025 |
| IPO Closing Dates | 13-November-2025 |
| Price | 206-217 Rs |
| Fresh Issue | 2,143.86 Cr |
| Offer for sale | 756.14 Cr |
| Total IPO size | 2,900.00 Cr |
| Face Value | 2 INR Per Share |
| Issue Type | Book Built Issue |
| QIB Allocation | 75% |
| HNI Allocation | 15% |
| Retail Allocation | 10% |
| Listing On | NSE, BSE |
| Market Cap | 15,023.89 Cr |
Emmvee Photovoltaic Power IPO Market Lot
The Emmvee Photovoltaic Power IPO minimum market lot is 69 shares with a 14,973 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Retail Minimum | 1 | 69 | 14,973 ₹ |
| Retail Maximum | 13 | 897 | 1,94,649 ₹ |
| S-HNI Minimum | 14 | 966 | 2,09,622 ₹ |
| S-HNI Maximum | 66 | 4,554 | 9,88,218 ₹ |
| B-HNI Minimum | 67 | 4,623 | 10,03,191 ₹ |
Restated Consolidated Financial Information (Amt. in Crore)
| Total Assets | Total Revenue | Profit After Tax | |
| 30-Jun-25 | 4,347.72 | 1,042.22 | 187.68 |
| 31-Mar-25 | 3,913.94 | 2,360.33 | 369.01 |
| 31-Mar-24 | 2,189.99 | 954.44 | 28.90 |
| 31-Mar-23 | 840.79 | 644.37 | 8.97 |
Emmvee Photovoltaic Power IPO (Object of the Issue)
1. Repayment/ prepayment, in full or part, of all or certain outstanding borrowings and accrued interest thereon availed by the Company and the Material Subsidiary
2. General corporate purposes
Emmvee Photovoltaic Power IPO GMP & Grey Market Premium
The Emmvee Photovoltaic Power IPO GMP (Grey Market Premium) has started today. Check the Latest Emmvee Photovoltaic Power IPO GMP, Kostak Rates, and Subject to Sauda Price here.
Emmvee Photovoltaic Power IPO Prospectus
The Emmvee Photovoltaic Power IPO Prospectus is Available on the NSE/BSE and SEBI websites, as well as on our Portal. Please click here to download the Emmvee Photovoltaic Power IPO Prospectus.
| DRHP | Download |
| RHP | Download |
| Anchor Investor List | Download |
Emmvee Photovoltaic Power IPO Allotment Date & Details
| Allotment Date | 14-Nov-2025 |
| Initiation of refunds | 17-Nov-2025 |
| Transfer of shares to Demat accounts | 17-Nov-2025 |
| Listing Date | 18-Nov-2025 |
| Check Allotment Status | Click here |
Registrar of Emmvee Photovoltaic Power
KFin Technologies Limited
Selenium, Tower-B
Plot No. 31 & 32, Financial District
Nanakramguda, Serilingampally, Rangareddi
Hyderabad, Telangana, 500 032
India
Tel: + 91 40 6716 2222/ 1800 309 4001
E-mail: [email protected]
Website: www.kfintech.com
Investor Grievance E-mail: [email protected]
Contact Person: M. Murali Krishna
SEBI registration no.: INR000000221
Emmvee Photovoltaic Power Contact Details
Emmvee Photovoltaic Power Ltd.
13/1, International Airport Road
Bettahalasur Post
Bengaluru, Karnataka, 562157
Phone: +91 80 2217 4524
Email: [email protected]
Website: https://www.emmveepv.com/
Emmvee Photovoltaic Power IPO Lead Managers
JM Financial Limited
IIFL Capital Services Limited
Jefferies India Private Limited
Kotak Mahindra Capital Company Limited
