Ahmedabad: Emmvee Photovoltaic Power Limited proposes to open an initial public offeringof its equity shares of face value of ₹2 each on Tuesday, November 11, 2025. The Anchor Investor Bidding Date is one Working Day before the Bid/Offer Opening Date, being, Monday, November 10, 2025. The Bid/ Offer Closing Date is Thursday, November 13, 2025, an official statement said.

As per an official release, the Price Band of the Offer has been fixed from ₹206 per Equity Share of face value ₹2 each to ₹217 per Equity Share of face value ₹2 each. Bids can be made for a minimum of 69 Equity Shares of face value ₹2 each and multiples of 69 Equity Shares of face value ₹2 each thereafter.

“The offer comprises a fresh issue of equity shares aggregating up to ₹21,438.62 million (₹2,143.86 Crore) and an offer for sale of up to ₹7,561.38 million (₹756.14 Crore) by existing shareholders, Manjunatha Donthi Venkatarathnaiah and Shubha Manjunatha Donthi,” the company said.

The Equity Shares of the Company are proposed to be listed on BSE Limited and the National Stock Exchange of India Limited.

JM Financial Limited, IIFL Capital Services Limited (formerly known as IIFL Securities Limited), Jefferies India Private Limited, Kotak Mahindra Capital Company Limited are the Book Running Lead Managers (“BRLMs”) to the issue.