The Emmvee Photovoltaic IPO, one of 2025’s high-profile renewable energy public issues, is creating buzz with its grey market premium (GMP) currently at ₹20 as of November 11 2025.
This marks an expected listing price near ₹237, factoring in the IPO’s upper price band of ₹217 and today’s GMP, suggesting a potential gain of approximately 9.22% per share on listing.
Emmvee Photovoltaic IPO GMP Trend Today
| Date | IPO Price | GMP (₹) 🔺🔻 | Sub2 Sauda Rate (₹) | Estimated Listing Price | Estimated Gain/Loss |
|---|---|---|---|---|---|
| Nov 11, 2025 | 217 | 20 | 1000/14000 | 237 | +9.22% |
| Nov 10, 2025 | 217 | 20 | 1000/14000 | 237 | +9.22% |
| Nov 9, 2025 | 217 | 20 | 1000/14000 | 237 | +9.22% |
| Nov 8, 2025 | 217 | 20 | 1000/14000 | 237 | +9.22% |
| Nov 7, 2025 | 217 | 20 | 1000/14000 | 237 | +9.22% |
| Nov 6, 2025 | 217 | 20 | 1000/14000 | 237 | +9.22% |
| Nov 5, 2025 | 217 | 20 | – | 237 | +9.22% |
The GMP has held steady at ₹20 for the past 7 sessions, implying growing confidence in the IPO’s listing prospects among grey market participants.
Emmvee Photovoltaic IPO Price Band, Lot Size & Investment Details
- Price Band: ₹206 – ₹217 per share
- Lot Size: 69 shares (Minimum retail investment approx. ₹14,973 at the upper price band)
- Fresh Issue Size: ₹2,143.86 crores (approx. 9.88 crore shares)
- Offer for Sale (OFS): ₹756.14 crores (approx. 3.48 crore shares)
Qualified Institutional Buyers (QIBs) have a 75% reservation, Non-Institutional Investors 15%, and Retail Investors 10%.
Emmvee Photovoltaic IPO Key Dates
- IPO Open Date: November 11, 2025
- IPO Close Date: November 13, 2025
- Basis of Allotment Finalisation: November 14, 2025
- Refunds Initiation: November 17, 2025
- Share Credit to Demat Account: November 17, 2025
- IPO Listing Date: November 18, 2025
Why to Consider Emmvee Photovoltaic IPO?
Emmvee Photovoltaic Power Ltd is a leading integrated solar PV module and cell manufacturer with substantial domestic capacity and growing order books.
The Upcoming IPO pricing is attractive compared to peers, and the company shows impressive financial growth with strong margins backed by government support for renewable energy.
