IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
Emmvee Photovoltaic Power IPO is a Book Building listing on BSE,NSE exchange, with an ipo size of ₹ [●] Cr. The company is based in Bangalore and caters to Solar sector. IIFL Securities , Jefferies India , Jm Financial , Kotak Mahindra Capital Company are the merchant bankers of Emmvee Photovoltaic Power IPO. It is a MainBoard Upcoming IPO which filed its Draft Red Herring Prospectus (DRHP) on 6th July 2025.
Emmvee Photovoltaic Power IPO posted revenues of ₹ 2335.61 crores and PAT of ₹ 369.01 crores in FY25 on annualised basis.
Revenue:
₹ 2,335.61 Cr.
EBITDA Margin:
30.91
% 
Net Worth: ₹ 536.80 Cr.
Market Capitalisation:
[●]
P/E:
[●]
P/BV: [●]
EV/EBITDA: 2.40 times
Financial results of Emmvee Photovoltaic Power IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.
| Financials | FY25 | FY24 | FY23 | ||
|---|---|---|---|---|---|
|
Balance Sheet
|
|||||
| Assets | 3913.94 | 2189.99 | 840.80 | ||
| Net Worth | 536.80 | 168.76 | 140.49 | ||
| Total Debt | 1949.69 | 1441.31 | 519.62 | ||
|
Profit & Loss
|
|||||
Revenue
Revenue on annualised basis |
2335.61 | 951.93 | 618.13 | ||
EBITDA
EBITDA on annualised basis |
721.94 | 120.44 | 56.27 | ||
PAT
PAT on annualised basis |
369.01 | 28.90 | 8.97 | ||
Emmvee Photovoltaic Power IPO PAT Margin is 15.80 % , ROCE (Return on Capital Employed) is 23.33 % as per latest financial. The below table shows Emmvee Photovoltaic Power IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.
| Particulars | FY25 | FY24 | FY23 |
|---|---|---|---|
| EBITDA Margin (%) | 30.91 | 12.65 | 9.10 |
| PAT Margin (%) | 15.80 | 3.04 | 1.45 |
| EPS (₹) | 6.22 | 0.49 | 0.15 |
| ROE (%) | 68.74 | 17.12 | 6.38 |
| ROCE (%) | 23.33 | 5.03 | 5.90 |
| ROA (%) | 9.43 | 1.32 | 1.07 |
| Debt to Equity | 3.63 | 8.54 | 3.70 |
The market Capitalisation of Emmvee Photovoltaic Power IPO is ₹ [●] crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.
The Emmvee Photovoltaic Power IPO prospectus highlights an Return on Equity (ROE) of 68.74 % , Return on Assets (ROA) of 9.43 %, and an EBITDA Margin of 30.91 %, showcasing financial performance.
Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows Emmvee Photovoltaic Power IPO financial report. Analysing these metrics can provide insights into the company’s efficiency, profitability, and long-term growth potential.
The post-IPO market capitalisation of Emmvee Photovoltaic Power IPO is ₹ [●] Cr., based on the issue price and share structure. It helps investors gauge the company’s valuation and compare it with industry peers before investing.
The Emmvee Photovoltaic Power IPO has a Price-to-Earnings (PE) ratio of [●], indicating valuation compared to industry peers. It helps investors determine if the stock is overvalued or undervalued compared to its earnings and industry peers.
Emmvee Photovoltaic Power IPO reported revenue of ₹ 2335.61 Cr. in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from Emmvee Photovoltaic Power IPO provide insights into sales growth, market demand, and business scalability.
Emmvee Photovoltaic Power recorded an EBITDA of ₹ 721.94 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.
Emmvee Photovoltaic Power Profit After Tax (PAT) is ₹ 369.01 Cr., reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions
Revenue:
₹ 2,335.61 Cr.
EBITDA Margin:
30.91
%
Net Worth: ₹ 536.80 Cr.
Market Capitalisation:
[●]
P/E:
[●]
P/BV: [●]
EV/EBITDA:
[●]
Emmvee Photovoltaic Power operates in Solar and Offering Solar PV Modules And Cells Using Advanced TOPCon Technolog. The Issue is listed on BSE,NSE in Jul, 2025. Emmvee Photovoltaic Power IPO size was with Issue price of .
Merchant Banker(s) of Emmvee Photovoltaic Power IPO: IIFL Securities Limited , Jefferies India Private Limited , Jm Financial Limited , Kotak Mahindra Capital Company Limited
Emmvee Photovoltaic Power IPO subscription was X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Emmvee Photovoltaic Power IPO listed at a listing price of against the offer price of .
The current market price of Emmvee Photovoltaic Power is .
Why Us?
