IPO Details
MainboardListed
Open:Tue, 11 Nov 2025
Close:Thu, 13 Nov 2025
Lot Size:69 Shares
Price Band:₹ 206 - ₹ 217
Listing:NSE, BSE
Fresh Issue:2143.86 Cr
OFS:756.14 Cr
Total IPO Size:2900.00 Cr
QIB : 75%
Retail : 10%
Total HNI : 15%
IPO Timeline
| Event | Date |
|---|---|
| Open Date | 11-11-2025 , Tuesday |
| Close Date | 13-11-2025 , Thursday |
| Tentative Allotment | 14-11-2025 , Friday |
| Tentative Listing Date | 18-11-2025 , Tuesday |
| Retail Appl. Cut Off Time | 13-11-2025 , Thursday 05:00 PM |
| Non Retail Appl. Cut Off Time | 13-11-2025 , Thursday 04:00 PM |
| Anchor Allotment | 10-11-2025 , Monday |
| Initiation Of Refund | 17-11-2025 , Monday |
| Credit Of Share To Demat | 17-11-2025 , Monday |
Subscription Data
IPO Structure
| Category | Percentage | No. of Shares Offered | Amount |
|---|---|---|---|
QIB | 75.00 % | 10,02,30,415 | 2,175.00 Cr |
Retail | 10.00 % | 1,33,64,055 | 290.00 Cr |
Total HNI | 15.00 % | 2,00,46,082 | 435.00 Cr |
SHNI | 5.00 % | 66,82,027 | 145.00 Cr |
BHNI | 10.00 % | 1,33,64,055 | 290.00 Cr |
Lot Size Details
| Application | Discount | Qty (Lot) | Total |
|---|---|---|---|
Retail MIN | - | 69 (1) | ₹ 14,973 |
Retail MAX | - | 897 (13) | ₹ 1,94,649 |
SHNI MIN | - | 966 (14) | ₹ 2,09,622 |
SHNI MAX | - | 4554 (66) | ₹ 9,88,218 |
BHNI MIN | - | 4623 (67) | ₹ 10,03,191 |
Objectives
| Objective | No Of Shares | Amount |
|---|---|---|
Fresh Issue | - | 2,143.86 Cr |
Offer for Sale | - | 756.14 Cr |
Contact Details
IPO Contact Details
Registered Office
13/1, International Airport Road, Bettahalasur Post,
Bengaluru, Karnataka, 562 157, India
Corporate Office
13/1, International Airport Road, Bettahalasur Post,
Bengaluru, Karnataka, 562 157, India
Contact Person
Shailesha Barve - Company Secretary and Compliance Officer
Telephone
Email
Website
Registrar to Issue Details
Registrar Name
KFin Technologies Limited
Contact Person
M. Murali Krishna
Telephone
Website
Lead Managers
| Name | Contact Person | Telephone | Website | |
|---|---|---|---|---|
JM Financial Limited | Prachee Dhuri | +91 22 6630 3030 | emmveephotovoltaic.ipo@jmfl.com | www.jmfl.com |
IIFL Capital Services Limited | Mansi Sampat / Pawan Kumar Jain | +91 22 4646 4728 | emmvee.ipo@iiflcap.com | www.iiflcapital.com |
Jefferies India Private Limited | Suhani Bhareja | +91 22 4356 6000 | emmvee.IPO@jefferies.com | www.jefferies.com |
Kotak Mahindra Capital Company Limited | Ganesh Rane | +91 22 4336 0000 | Emmvee.ipo@kotak.com | www.investmentbank.kotak.com |