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Emmvee Photovoltaic Power IPO Subscription Status

Emmvee Photovoltaic Power IPO was subscribed 0.97 times when bidding closed on 13 Nov 2025: QIB 1.26x, NII 0.3x, Retail 1.1x.

The Emmvee Photovoltaic Power IPO has been subscribed 0.97x times overall. Retail investors have shown interest with bids for 1.1x the shares available. The Non-Institutional Investor (NII) category has been subscribed 0.3x. Within NII, Big HNI (B-HNI) subscribed 0.19x and Small HNI (S-HNI) subscribed 0.51x. Qualified Institutional Buyers (QIBs) have subscribed 1.26x. Data last updated on 27 Aug, 12:01 PM.

The IPO subscription period has ended. The issue is currently undersubscribed, presenting a higher chance of allotment for applicants. The issue opened on 11 Nov, 2025 and closes on 13 Nov, 2025. The shares are expected to list on stock exchanges on 18 Nov, 2025.

Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Live bidding

Shares bid against shares offered, category by category, as published by the exchanges. Switch to Detailed for the exchange's own sub-category rows.

Last updated 27 Aug 2026, 12:01 PM
Category Bid details Times
QIB 5,31,96,792 of 4,22,33,010 1,154.37 Cr 1.26x
NII 63,22,194 of 2,11,16,504 137.19 Cr 0.3x
Retail 1,55,25,552 of 1,40,77,669 336.90 Cr 1.1x
TOTAL 7,50,44,538 1,68,231 applications 1,628.47 Cr 0.97x

Emmvee Photovoltaic Power IPO Basis of Allotment

Final Final figures published by the registrar, after technical rejections. Allotment price ₹217.

Applications
1,68,231
Allottees
1,68,231
Overall odds
All allotted
Amount collected
₹2,949 Cr
Category Apps Got Odds
TOTAL 1.02x subscribed 1,68,231 1,68,231 All

Subscription insights

What the current book is saying, read off the category numbers above.

Retail Allotment

Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 90.9% for a single lot.

Day-wise subscription history

End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.

Date Total
13 Nov 2025
Day 3
[.]x ▼
QIB1.26x BHNI- SHNI- Retail1.10x
12 Nov 2025
Day 2
0.18x ▼
QIB0.06x BHNI- SHNI- Retail0.65x
11 Nov 2025
Day 1
0.09x ▼
QIB0.02x BHNI- SHNI- Retail0.34x

Emmvee Photovoltaic Power IPO dates

From the bidding window to listing. Today is 3 October.

Key dates Listed
  1. Open 11 Nov 2025
  2. Close 13 Nov 2025
  3. Allotment 14 Nov 2025
  4. Refund/credit 17 Nov 2025
  5. Listing 18 Nov 2025

Emmvee Photovoltaic Power IPO allotment probability

Your odds of an allotment in each category at the current subscription.

Retail (up to ₹2 L)
1 in 2
~90.9% chance per PAN — based on 1.1x subscription. Winners get exactly 1 lot (₹14,973) by SEBI lottery, however many lots you bid.
Small HNI (₹2–10 L)
Full allotment
0.51x — undersubscribed. Valid S-HNI bids should be allotted in full.
Big HNI (above ₹10 L)
Full allotment
0.19x — undersubscribed. Valid B-HNI bids should be allotted in full.
QIB (institutions)
1.26x
Proportionate allotment — at 1.26x, institutions receive ~79.4% of their bid. No lottery; not open to individual investors. Moderate institutional demand.

Odds marked with applicant counts are computed from the exchange's actual application data (applicants ÷ allotment slots); others assume minimum-size bids at the current subscription multiple. Retail and HNI allotment is by SEBI-mandated lottery of the minimum application when oversubscribed; QIB allotment is proportionate. Numbers move until subscription closes. This is not investment advice.

What does this subscription data mean?

IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:

  • 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
  • 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
  • 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
  • 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.

Data sourced from BSE/NSE. Subscription numbers are updated during market hours (10 AM – 5 PM IST) on active subscription days.

Frequently asked

What is the current subscription status of Emmvee Photovoltaic Power IPO?

As of IPO close date (13 Nov, 2025), the Emmvee Photovoltaic Power IPO is subscribed 0.97x times. Retail category is 1.1x, and NII is 0.3x subscribed.

When is the allotment date for Emmvee Photovoltaic Power IPO?

The allotment for Emmvee Photovoltaic Power IPO is expected to be finalized on 14 November, 2025.

When will Emmvee Photovoltaic Power IPO list on the stock market?

Emmvee Photovoltaic Power is scheduled to list on BSE and NSE on 18 November, 2025.

What are the chances of getting allotment in Emmvee Photovoltaic Power IPO?

The retail category is oversubscribed at 1.1x, meaning allotment is by lottery. Statistically, approximately 1 in 2 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 1.26x mean for Emmvee Photovoltaic Power IPO?

Moderate — QIBs have subscribed 1.26x. Institutional demand is present but not overwhelming. Watch for any last-minute QIB surge on the final day.

How to check Emmvee Photovoltaic Power IPO allotment status?

After the allotment date (14 Nov, 2025), you can check your Emmvee Photovoltaic Power IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.

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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.

Total
0.97x
QIB
1.26x
NII
0.3x
Retail
1.1x
Full IPO details