Overview
- As of 12:49 p.m. IST on Nov. 13, the offer was subscribed 0.30 times overall, with QIBs at 0.14x, NIIs at 0.20x and retail at 0.91x.
- An unofficial grey‑market premium of Rs 3 indicates an estimated listing near Rs 220 per share, down from a Rs 20 peak, according to InvestorGain.
- The Rs 2,900 crore book‑built issue comprises a fresh issue of 9.88 crore shares and a 3.48 crore offer for sale, priced in a Rs 206–217 band.
- Allotment is expected on Nov. 14, refunds and share credit on Nov. 17, and listing on the BSE and NSE on Nov. 18.
- Emmvee is an integrated solar PV maker with 7.80 GW module and 2.94 GW cell capacity and reported a 581% YoY PAT jump in Q1FY26, with proceeds earmarked for debt repayment and general corporate purposes.