The IPO is a book-built issue worth Rs 2,900 crore. (Photo source: Freepik) Show Quick Read Summary is AI Generated. Newsroom Reviewed

The initial public offering of Emmvee Photovoltaic Power Ltd. was subscribed 0.30 times as of 12:49 p.m. on Nov 13, Thursday.

The IPO is a book-built issue worth Rs 2,900 crore. The mainboard IPO comprises a fresh issue of 9.88 crore shares, amounting to Rs 2,143.86 crore, and an offer-for-sale of 3.48 crore shares, aggregating to Rs 756.14 crore.

The price band for the Emmvee Photovoltaic IPO has been fixed between Rs 206 and Rs 217 per share. The lot size comprises 69 shares, requiring a minimum investment of Rs 14,973 for retail investors.

Subscription period will end on Nov. 13. The IPO allotment status is expected to be finalised on Nov. 14. T

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