/ 69 Shares
11-Nov-2025 - 13-Nov-2025
₹ 206 - ₹ 217
₹ 14973.00
69
133,640,552
Face Value - ₹ 2/- Per Share
Listing at BSE, NSE
193,681 Application Required in Retail for 1 Time.
Registrar : KFin Technologies Limited
| Category | % | Shares/Amount |
|---|---|---|
| QIB | 75% | 100,230,415 Shares RS.2175.00 CR |
| HNI 1 | 5% | 6,682,028 Shares RS.145.00 CR @ 6917 FORM 1X |
| HNI 2 | 10% | 13,364,055 Shares RS.290.00 CR @ 13834 FORM 1X |
| Retail | 10% | 13,364,055 Shares RS.290.00 CR @ 193682 FORM 1X |
| Retail (Upto 2 Lakh) | HNI (2 Lakh to 10 Lakh) | HNI (Above 10 Lakh) |
|---|---|---|
| 193682 FORM 1X | 6917 FORM 1X | 13834 FORM 1X |
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Upto 2 Lakh) | 1 | 69 | ₹ 14,973 |
| Retail (Upto 2 Lakh) | 13 | 897 | ₹ 194,649 |
| S-HNI (2 Lakh to 10 Lakh) | 14 | 966 | ₹ 209,622 |
| S-HNI (2 Lakh to 10 Lakh) | 66 | 4554 | ₹ 988,218 |
| B-HNI (Above 10 Lakh) | 67 | 4623 | ₹ 1,003,191 |
Incorporated in March 2007, Emmvee Photovoltaic Power Limited is an integrated solar PV module and cell manufacturer.
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.
The company's product portfolio includes bifacial and mono-facial TOPCon modules and cells, and Mono PERC modules.
The company has four manufacturing units across two Karnataka locations on 22.44 acres.
As of May 31, 2025, the company's Solar cell manufacturing unit at Dobbaspet, Bengaluru, Karnataka, is one of India's largest TOPCon solar cell facilities by capacity.
The company's customers include independent power producers (“IPPs”), entities in the commercial and industrial (“C&I”) sector, and engineering, procurement, and construction (“EPC”) service providers in both public and private sectors. Key customers include Ayana Renewable Power, Clean Max Enviro Energy, Hero Rooftop Energy, Prozeal Green Energy, KPI Green Energy, Aditya Birla Renewables, Blupine Energy, Lineage Power, BN Peak Power-I, KMV Projects, Powertrack Packaging, SILRES Energy, Kintch Synergy, Zodiac Energy, E Ramamurthy Minerals and Metals, InSolare Energy, Universal Transformers, and Mars Energy Group. In 2023- 2023, we served 525 customers.
As of March 31, 2025, the company had 611 full-time employees.
| 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 |
| Amount in ? Crore | ||||
The Company Emmvee Photovoltaic IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (? in crores) |
|---|---|---|
| 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 | 1,621.29 |
| 2 | General corporate purposes |
Once you create your account, Login to InvestoYard.
Under IPO Section, you will be able to see a list of Ongoing IPOs, where you can click on apply button.
Add quantity of shares to apply – Maximum 3 bids are allowed (For retail category – max amount Rs.2,00,000/-).
Enter your UPI ID and you will receive mandate on your UPI App.
Once you accept the mandate, Application is submitted successful.
How to Apply for IPOs on InvestoYard
Step 01 : Once you create your account, Login to InvestoYard.
Step 02 : Under IPO Section, you will be able to see a list of Ongoing IPOs, where you can click on apply button.
Step 03 : Add quantity of shares to apply – Maximum 3 bids are allowed (For retail category – max amount Rs.2,00,000/-).
Step 04 : Enter your UPI ID and you will receive mandate on your UPI App.
Step 05 : Once you accept the mandate, Application is submitted successful.
