
Investors who subscribed to the ₹2,900-crore Emmvee Photovoltaic Power IPO will learn their allotment status today, 14 November. The three-day book-build issue closed on 13 November.
Refunds for unsuccessful applicants and share credits for successful ones are scheduled for 17 November. The company is set to list on the NSE and BSE on 18 November.
As per available market data, the IPO recorded an overall subscription of 1.02 times. The public issue comprised a fresh issue worth ₹2,143.86 crore and an offer-for-sale totalling ₹756.14 crore.
Breakdown of subscription across investor categories:
The price band for the issue was set at ₹206–₹217 per share.
Once the allotment is processed, applicants can check their status online using the registrar’s portal or through the BSE website.
Emmvee Photovoltaic Power is among the country’s leading integrated solar module and cell manufacturers, with production capacities of 7.80 GW for modules and 2.94 GW for cells as of May 2025. The company reported significant growth in FY25, with revenue increasing to ₹2,360 crore and net profit rising to ₹369 crore.
Read More: Rapido Targets IPO Preparations by Late 2026, Says Co-Founder Aravind Sanka.
The completion of the Emmvee Photovoltaic Power IPO allotment marks an important step for applicants awaiting confirmation of their bids. With refunds and share credits scheduled ahead of the listing, investors can check their status through the designated online platforms.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Nov 14, 2025, 9:03 AM IST

Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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