Emmvee Photovoltaic IPO GMP Today at 1.38% — Issue Subscribed 18% So Far; Expert Verdict: Should You Apply?
Emmvee Photovoltaic IPO GMP Today: The Emmvee Photovoltaic IPO GMP today has slipped to just 1.38% & 18% subscription status has reflected a cautious sentiment among investors and a more measured approach toward new IPO applications.

Here’s a complete breakdown of the Emmvee Photovoltaic IPO GMP today, expert opinions, and whether investors should consider subscribing.
When Does the Emmvee Photovoltaic IPO Open and What Are Its Key Details?
Emmvee Photovoltaic, one of India’s leading solar module manufacturers, plans to raise ₹2,900 crores through its mainboard IPO. The Emmvee Photovoltaic IPO will be open for subscription from November 11 to November 13, 2025. The price band is fixed at ₹206 to ₹217 per share, and the minimum lot size is 69 shares, requiring a minimum investment of ₹14,973 for retail investors.
| IPO Details | Emmvee Photovoltaic IPO |
|---|---|
| IPO Open Date | November 11, 2025 |
| IPO Close Date | November 13, 2025 |
| Allotment Date | November 17, 2025 |
| Listing Date | November 19, 2025 |
| Issue Size | ₹2,900 crores |
| Price Band | ₹206 – ₹217 per share |
| Lot Size | 69 shares |
| Minimum Investment (Retail) | ₹14,973 |
| Exchange Listing | NSE & BSE |
What Is the Emmvee Photovoltaic IPO GMP Today?
As of November 13, 2025, the Emmvee Photovoltaic IPO GMP today stands at ₹3 per share, showing a steady upward trend. This translates to an estimated listing gain of 1.38%, indicating solid demand among grey market traders.
| Date | IPO GMP | GMP Trend | Estimated Gain |
|---|---|---|---|
| November 13, 2025 | ₹3 | GMP Down | 1.38% |
| November 12, 2025 | ₹5 | GMP Down | 2.30% |
| November 11, 2025 | ₹20 | GMP Steady | 9.21% |
| November 10, 2025 | ₹20 | GMP Steady | 9.21% |
| November 8, 2025 | ₹20 | GMP Up | 9.21% |
What Do Experts Say About the Emmvee Photovoltaic IPO?
Experts view Emmvee Photovoltaic as a promising long-term play in India’s renewable energy sector, especially given the government’s push toward solar energy expansion. Analysts highlight the following key points:
- Strong Industry Tailwinds: India’s renewable sector is growing rapidly, with ambitious solar capacity targets.
- Robust Financials: The company has shown healthy top-line growth and margin expansion in recent years.
- Reasonable Valuation: The price-to-earnings ratio is aligned with listed solar peers, making it a balanced entry point.
- Fluctuating GMP: The Emmvee Photovoltaic IPO GMP today slips at ₹3 GMP breaching its consistency earlier this week, which suggests lowering confidence among both retail and HNI investors.
However, experts also caution that volatility in solar module prices and dependence on imported raw materials could impact profitability in the near term.
Should You Apply for the Emmvee Photovoltaic IPO?
If you’re a long-term investor, this IPO offers a promising opportunity to ride India’s green energy revolution. The company’s strong market position, expanding capacity, and steady GMP make it attractive.
Verdict: ✅ Apply for listing gains and hold for long-term growth in the renewable sector.
Final Take
The Emmvee Photovoltaic IPO comes at a time when the renewable energy narrative in India is stronger than ever. With lowered GMP but solid financials, and a ₹2,900 crore fundraising plan, Emmvee Photovoltaic stands out as a compelling IPO to watch this November.
Emmvee Photovoltaic IPO GMP Today Frequently Asked Questions (FAQs)
1. What is the Emmvee Photovoltaic IPO GMP today?
As of November 11, 2025, the GMP stands at ₹3 per share.
2. What are the Emmvee Photovoltaic IPO dates?
The IPO opens on November 11 and closes on November 13, 2025.
3. How much is the minimum investment required?
Retail investors can apply with a minimum investment of ₹14,973 (69 shares).
4. What is the expected listing gain?
Based on the current GMP of ₹3, the expected listing gain is approximately 1.38%.
5. Should investors subscribe to this IPO?
Experts recommend subscribing, especially for investors bullish on the solar and renewable energy space
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Disclaimer: The views and investment insights provided here are based on publicly available information and do not constitute financial advice. Readers are advised to conduct their own research or consult certified financial experts before making investment decisions.



