Open Your Free Demat Account
Enjoy low brokerage on delivery trades
The Emmvee Photovoltaic Power IPO opened for subscription on November 11, 2025, and will close on November 13, 2025. On Day 1, the issue was subscribed 0.09× overall, with the retail portion leading early participation at 0.34×, while QIBs and NIIs showed a muted response.
The IPO, valued at ₹2,900 crore, has drawn initial interest from retail investors and employees, supported by a strong anchor book. Stay updated on daily subscription data and allotment details at Emmvee Photovoltaic Power IPO.
The IPO witnessed moderate traction on Day 1 with selective participation across investor segments. Retail investors accounted for the majority of bids, while QIB and NII categories are expected to pick up in the next two days.
Investor Category | Subscription (times) | Shares Offered* | Shares Bid For | Total Amount (₹ Cr) |
Anchor Investors | 1.00 | 6,01,38,249 | 6,01,38,249 | 1,305.00 |
QIB (Ex Anchor) | 0.02 | 4,00,92,166 | 9,37,434 | 20.34 |
Non-Institutional Investors | 0.06 | 2,00,46,083 | 12,11,226 | 26.28 |
bNII (> ₹10L) | 0.05 | 1,33,64,055 | 6,47,910 | 14.06 |
sNII (< ₹10L) | 0.08 | 66,82,028 | 5,63,316 | 12.22 |
Retail Investors | 0.34 | 1,33,64,055 | 44,80,446 | 97.23 |
Total | 0.09 | 7,35,02,304 | 66,29,106 | 143.85 |
Figures are based on the upper price band of ₹217 per share.
Emmvee Photovoltaic Power Limited’s ₹2,900 crore public issue comprises a fresh issue of equity shares. The company, a key player in solar PV manufacturing and renewable energy, aims to fund expansion and reduce debt.
Category | Shares Offered | Amount (₹ Cr) | Issue Size (%) |
Anchor Investors | 6,01,38,249 | 1,305.00 | 45.00% |
QIB | 10,02,30,415 | 2,175.00 | 75.00% |
NII | 2,00,46,083 | 435.00 | 15.00% |
Retail | 1,33,64,055 | 290.00 | 10.00% |
Total | 13,36,40,553 | 2,900.00 | 100.00% |
Price Band: ₹206 – ₹217 per share
Lot Size: 69 shares per lot
Listing: NSE and BSE on November 18, 2025
The company intends to deploy net proceeds from the IPO toward:
Repayment or prepayment of certain borrowings
Working capital requirements for solar manufacturing operations
Capacity expansion and R&D initiatives
General corporate purposes
Additional Read- How to Apply for the Emmvee Photovoltaic Power IPO: Investment Guide
A total of 6,01,38,249 shares were allotted to anchor investors at ₹217 per share prior to the issue opening.
Parameter | Details |
Anchor Bid Opening Date | November 10, 2025 |
Anchor Investor Price | ₹217.00 per share |
Shares Allotted | 6,01,38,249 |
Anchor Investors as % of QIBs | 0.00% |
Shares Locked-in (30 days) | 0 |
Shares Locked-in (90 days) | 0 |
Click here to check out recently closed IPO
On its opening day, the Emmvee Photovoltaic Power IPO saw a steady start, with retail investors driving early subscriptions while institutional participation remained limited.
Given the strong anchor response and renewable energy focus, the next two days will be crucial in determining the overall traction and investor sentiment before closure.
Interested in more opportunities? Check out our Upcoming IPO section for new listings and don’t forget to check your IPO allotment status for Emmvee Photovoltaic Power IPO.
Disclaimer :
The information on this website is provided on "AS IS" basis. Bajaj Broking (BFSL) does not warrant the accuracy of the information given herein, either expressly or impliedly, for any particular purpose and expressly disclaims any warranties of merchantability or suitability for any particular purpose. While BFSL strives to ensure accuracy, it does not guarantee the completeness, reliability, or timeliness of the information. Users are advised to independently verify details and stay updated with any changes. The securities are quoted as an example and not as a recommendation. Past performance is not necessarily a guide to future performance.
The information provided on this website is for general informational purposes only and is subject to change without prior notice. BFSL shall not be responsible for any consequences arising from reliance on the information provided herein and shall not be held responsible for all or any actions that may subsequently result in any loss, damage and or liability. Interest rates, fees, and charges etc., are revised from time to time, for the latest details please refer to our Pricing page.
Neither the information, nor any opinion contained in this website constitutes a solicitation or offer by BFSL or its affiliates to buy or sell any securities, futures, options or other financial instruments or provide any investment advice or service.
BFSL is acting as distributor for non-broking products/ services such as IPO, Mutual Fund, Insurance, PMS, and NPS. These are not Exchange Traded Products. For more details on risk factors, terms and conditions please read the sales brochure carefully before investing.
Investments in the securities market are subject to market risk, read all related documents carefully before investing. This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.
For more disclaimer, check here : https://www.bajajbroking.in/disclaimer
Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading