Emmvee Photovoltaic Power Ltd. has announced public offering of 133640553 shares at a price of Rs 2.00 each for Cash at a Premium of Rs 215.00 per share. The gross proceeds of the issue are expected to be Rs 2,90,000.00 lakhs.
The company's initial public offer (IPO) will open on 11 November 2025 and is expected to close on 13 November 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 206.00-217.00 per share.
The IPO includes a fresh Issue of 133640553 Equity Shares of the Company at an price of Rs 217.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 69 shares with bids in multiples of 69.
Emmvee Photovoltaic Power Ltd. anticipates using the proceeds of the issue for .
Kotak Mahindra Capital Company Ltd.,JM Financial Ltd.,IIFL Capital Services Limited,Jefferies India Pvt. Ltd. as lead manager(s) & KFin Technologies Ltd. is the registrar, to the issue.