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Emmvee Photovoltaic Power Limited

Founded in March 2007, Emmvee Photovoltaic Power Limited is an integrated manufacturer of solar PV modules and cells. As of May 31, 2025, the company has a production capacity of 7.80 GW for modules and 2.94 GW for solar cells. Its product range includes bifacial and mono-facial TOPCon modules and cells, as well as Mono PERC modules. Emmvee operates four manufacturing units across two locations in Karnataka, covering 22.44 acres. Its solar cell unit at Dobbaspet, Bengaluru, is among the largest TOPCon solar cell facilities in India by capacity. The company serves a wide range of customers, including independent power producers, commercial and industrial clients, and EPC service providers from both public and private sectors. Key clients include Ayana Renewable Power, Hero Rooftop Energy, Aditya Birla Renewables, KPI Green Energy, and Clean Max Enviro Energy, among others, serving a total of 525 customers in 2023. As of March 31, 2025, Emmvee employed 611 full-time staff members.

₹206 - ₹2171.02x sub
Listed Price217.00
Listing Gain+0.00%
TimelineBookbuilding IPO
Open11 Nov 2025
Close13 Nov 2025
Allotment14 Nov 2025
Listing18 Nov 2025

Quota Reservation Portions

AnchorPortion: 6,01,38,249 shares
45%
QIBPortion: 4,00,92,166 shares
30%
HNIPortion: 2,00,46,083 shares
15%
RetailPortion: 1,33,64,055 shares
10%

Minimum Application Bracket Matrix

Retail1 lots / 69 shares
₹14,973
sHNI14 lots / 966 shares
₹2,09,622
bHNI67 lots / 4,623 shares
₹10,03,191

About the Company

Founded in March 2007, Emmvee Photovoltaic Power Limited is an integrated manufacturer of solar PV modules and cells. As of May 31, 2025, the company has a production capacity of 7.80 GW for modules and 2.94 GW for solar cells. Its product range includes bifacial and mono-facial TOPCon modules and cells, as well as Mono PERC modules. Emmvee operates four manufacturing units across two locations in Karnataka, covering 22.44 acres. Its solar cell unit at Dobbaspet, Bengaluru, is among the largest TOPCon solar cell facilities in India by capacity. The company serves a wide range of customers, including independent power producers, commercial and industrial clients, and EPC service providers from both public and private sectors. Key clients include Ayana Renewable Power, Hero Rooftop Energy, Aditya Birla Renewables, KPI Green Energy, and Clean Max Enviro Energy, among others, serving a total of 525 customers in 2023. As of March 31, 2025, Emmvee employed 611 full-time staff members.

Company Promoters

Manjunatha Donthi VenkatarathnaiahShubha Manjunatha DonthiSuhas Donthi ManjunathaSumanth Manjunatha Donthi