Emmvee Photovoltaic IPO Day 1: Issue booked 2% so far; check GMP, issue details, review. Should you apply or not?
The initial public offering of makers of solar photovoltaic modules and solar cells Emmvee Photovoltaic Power Ltd will be open for public subscription on Tuesday, November 11 and conclude on Thursday, November 13. The Bengaluru-based company secured ₹1,305 crore from 55 anchor investors on November 10, just a day prior to the IPO launch.
A number of prominent global investors, such as the Abu Dhabi Investment Authority, Ashoka WhiteOak, Amundi Funds, Prudential Hong Kong, Eastspring Investments, BNP Paribas Funds, Societe Generale, Morgan Stanley, Goldman Sachs, Nomura Singapore, and Citigroup, have invested in the firm.
