Price Band
₹206 - ₹217
Lot Size
69
Issue Size
₹2900 Cr
GMP
N/A
Subscription
0.00x
IPO Schedule
Open
11 Nov 2025
Close
13 Nov 2025
Allotment
14 Nov 2025
Listing
18 Nov 2025
About Emmvee Photovoltaic Power Ltd
Emmvee Photovoltaic Power Ltd is a leading solar panel manufacturer in India, specializing in the production of high-efficiency solar PV modules and offering comprehensive solar energy solutions. The company caters to both domestic and international markets, focusing on technological innovation and sustainable energy solutions.
Key Strengths
- Strong brand reputation and established market presence in the solar PV module industry.
- High Return on Equity (ROE) of 104.60% demonstrates efficient utilization of shareholder funds.
- Diversified product portfolio catering to various segments of the solar energy market.
- Focus on research and development to enhance product performance and efficiency.
- Experienced management team with a proven track record in the solar energy sector.
Risk Factors
- •Exposure to fluctuations in raw material prices, particularly polysilicon, which can impact profitability.
- •Dependence on government policies and incentives related to the solar energy sector.
- •Intense competition from both domestic and international solar panel manufacturers.
Valuation Analysis
The IPO is priced at a P/E ratio of 34.9, which appears relatively high compared to some industry peers, demanding a premium for its high ROE and established position. Investors should carefully consider the future growth prospects and inherent risks before investing.
IPO Details
Key Metrics
Growth & Quality
Subscription
Documents
Registrar
KARVY
