Kolkata: Emmvee Photovoltaic IPO did not have a very bullish first day of bidding for its Rs 2,900-crore IPO. At the end of the first day of bidding, Emmvee Photovoltaic IPO was subscribed 0.09 times overall — 0.34 times in the retail category, 0.02 times in QIB (Ex Anchor) category and 0.06 times in the NII category.

However, the anchor investor round went off with aplomb. Emmvee Photovoltaic IPO has placed shares with several high-profile anchor investors both at the global and national level. The names include Abu Dhabi Investment Authority, Ashoka WhiteOak, Amundi Funds, Prudential Hong Kong, Eastspring Investments, BNP Paribas Funds, Societe Generale, Morgan Stanley, Goldman Sachs, Nomura Singapore, Citigroup and Indian mutual fund houses such as ICICI Prudential MF, Kotak Mahindra

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