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  1. Emmvee Photovoltaic Power IPO subscribed 95% so far on Day 3: Check allotment date and steps

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Emmvee Photovoltaic Power IPO subscribed 95% so far on Day 3: Check allotment date and steps

Kamal Joshi

3 min read | Updated on November 13, 2025, 15:46 IST

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SUMMARY

Emmvee Photovoltaic Power IPO: The ₹2,900 crore issue, which has fixed price band at ₹206 to ₹217 per share, consists of a fresh issue of shares valued at ₹2,143.86 crore and an offer for sale of ₹756.14 crore. The fresh issue proceeds will be used for loan repayment and general corporate purposes.

Emmvee Photovoltaic Power is the leading pure-play integrated solar PV module and solar cell manufacturing company. | Image: LinkedIn/Emmvee Group

Emmvee Photovoltaic Power is the leading pure-play integrated solar PV module and solar cell manufacturing company. | Image: LinkedIn/Emmvee Group

Emmvee Photovoltaic Power IPO: The initial share sale of Emmvee Photovoltaic Power Ltd has been subscribed 95% so far on the third day of bidding on Thursday, November 13.

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The initial public offering received bids for 7,39,37,364 shares against 7,74,27,183 shares on offer, according to the details available with the NSE until 3:45 pm.

The part for retail individual investors received 1.04 times subscription, while the portion for non-institutional investors was subscribed 29%. The category for qualified institutional buyers was booked 1.26 times.

The ₹2,900 crore issue, which has fixed price band at ₹206 to ₹217 per share, consists of a fresh issue of shares valued at ₹2,143.86 crore and an offer for sale of ₹756.14 crore. The fresh issue proceeds will be used for loan repayment and general corporate purposes.

Emmvee Photovoltaic Power is the leading pure-play integrated solar photovoltaic system module and solar cell manufacturing company. It has a solar PV module production capacity of 7.8 gigawatts (GW) and a solar cell production capacity of 2.94 GW as of May 31, 2025.

Emmvee Photovoltaic Power IPO: Allotment and listing dates

The basis of allotment of the Emmvee Photovoltaic Power IPO is expected to be finalised on Friday, November 14. The stock will make its market debut on November 18.

Emmvee Photovoltaic IPO allotment status on KFin Technologies

  • Visit the registrar's website: https://ipostatus.kfintech.com/
  • In the 'Select IPO' section, pick ‘Emmvee Photovoltaic Ltd’
  • Add your Demat account number, IPO application number and PAN
  • Hit the ‘Submit’ button

How to check Emmvee Photovoltaic IPO allotment status on NSE

Steps to check Emmvee Photovoltaic IPO allotment status on BSE

  • Go to the IPO status page of BSE: https://bseindia.com/investors/appli_check.aspx
  • 'Equity' should be kept as issue type
  • Select ‘Emmvee Photovoltaic Power Limited’ from the IPO names
  • Add your IPO application number and PAN
  • Hit the ‘Search’ button

Emmvee Photovoltaic IPO GMP

According to media reports and investorgain.com, unlisted shares of Emmvee Photovoltaic Power are trading at ₹220, reflecting a grey market premium of 1.38%, or ₹3, over the upper price band of ₹217.
Disclaimer: Grey Market Premium (GMP) is not regulated or recommended by the stock exchanges or SEBI. Upstox does not endorse or facilitate trading in the grey market. Investors are advised to conduct their own research or consult an expert before making any investment decisions.
To learn more about IPOs, their listings, schedules, and upcoming IPOs, visit our page.

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About The Author

Kamal Joshi
Kamal Joshi is a business journalist who covers industries, markets, and IPOs. He is passionate about breaking news and enjoys playing tennis, especially flexing his backhand. He was previously associated with Republic TV and LatestLY.

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