Based on the latest information, here are the key details about the Emmvee Photovoltaic Power Limited IPO:
Emmvee Photovoltaic Power Limited is an integrated solar PV module and cell manufacturer.
📅 IPO Key Dates
| Activity | Date (Tentative) |
| Open Date | Tuesday, November 11, 2025 |
| Close Date | Thursday, November 13, 2025 |
| Allotment Finalization | Friday, November 14, 2025 |
| Listing Date (BSE & NSE) | Tuesday, November 18, 2025 |
💰 Price and Lot Details
| Detail | Specification |
| Price Band | ₹206 to ₹217 per equity share |
| Face Value | ₹2 per share |
| Total Issue Size | ₹2,900.00 Crores |
| Issue Type | Book Built Issue |
| Lot Size (Retail) | 69 Shares |
| Minimum Investment (Retail) | ₹14,214 - ₹14,973 (at lower/upper price band) |
The issue is a combination of a Fresh Issue (₹2,143.86 Cr) and an Offer For Sale (₹756.14 Cr).
🎯 Purpose of the IPO
The net proceeds from the fresh issue are primarily intended for:
Repayment/Prepayment of outstanding borrowings and accrued interest of the company and its material subsidiary (approximately ₹1,621.29 Crores).
General corporate purposes.
💡 Company Overview
Business: Emmvee Photovoltaic Power Limited is a leading integrated manufacturer of solar PV modules and cells in India.
Capacity: As of May 31, 2025, the company has a solar PV module capacity of 7.80 GW and a solar cell capacity of 2.94 GW.
Technology: They are an early adopter of the high-efficiency TOPCon cell technology.