&format=webp&quality=medium)
Emmvee Photovoltaic Power IPO Allotment Status Check Online: The basis of allotment for the Rs 2,900 crore initial public offering (IPO) of Emmvee Photovoltaic Power Ltd is expected to be finalised on Friday, November 14. Applicants can check their allotment status on the NSE, BSE and KFin Technologies websites once the process is completed.
The solar panel manufacturer’s IPO saw an overall subscription of 97 per cent. According to NSE data, the issue received bids for 7,50,44,538 shares against 7,74,27,183 shares on offer.
The qualified institutional buyers’ (QIB) portion was subscribed 1.26 times. The retail individual investors’ quota was booked 1.10 times, while the non-institutional investors (NII) segment saw 30 per cent subscription.
The allotment is likely to be completed by late evening on Friday, November 14.
- Visit: ipostatus.kfintech.com
- Select ‘Emmvee Photovoltaic Ltd’
- Enter PAN, Demat number or application number
- Click ‘Submit’
- Visit: nseindia.com/invest/check-trades-bids-verify-ipo-bids
- Select ‘Equity & SME IPO bid details’
- Choose ‘EMMVEE’
- Enter PAN and application number
- Click ‘Submit’
Visit: bseindia.com/investors/appli_check.aspx
Select ‘Equity’
Choose ‘Emmvee Photovoltaic Power Ltd’
Enter PAN or application number
Click ‘Search’
The IPO, priced in the band of Rs 206 to Rs 217 per share, comprised a fresh issue of Rs 2,143.86 crore and an offer for sale worth Rs 756.14 crore by promoters. Of the total proceeds, Rs 1,621.29 crore from the fresh issue will go towards repayment or prepayment of borrowings of the company and its key subsidiary. The remaining funds will be used for general corporate purposes.
Emmvee Photovoltaic is a leading integrated solar photovoltaic (PV) manufacturer with a solar module capacity of 7.80 GW and solar cell capacity of 2.94 GW as of June 2025
Shares of Emmvee Photovoltaic Power Ltd will list on the NSE and BSE on Tuesday, November 18, at 10 am.