Mumbai, Nov. 14 -- The initial public offer of Emmvee Photovoltaic Power received bids for 7,50,44,538 shares as against 7,74,27,183 shares on offer. The issue was subscribed 0.97 times.

The Qualified Institutional Buyers (QIB) category was subscribed 1.26 times, the Retail Individual Investors category was subscribed 1.10 times and the Non-Institutional Investors category was subscribed 0.30 times.

The issue opened for bidding on 11 November 2025 and it closed on 13 November 2025. The price band of the IPO is fixed between Rs 206 and 217 per share.

The offer comprised both a fresh issue and an offer for sale. The fresh issue is made up of issue of new shares of Rs 2 face value worth aggregating to Rs 2143.862 crore and offer for sale ...