Emmvee Photovoltaic IPO GMP - Live Grey Market Premium
Alloted
Emmvee Photovoltaic Power is one of India’s largest solar module manufacturers and the second-largest pure-play integrated solar PV module and cell producer in the country (CRISIL Report). The company has a significant operational capacity of 7.80 GW for solar modules and 2.94 GW for solar cells as of June 30, 2025. It is an early adopter of high-efficiency TOPCon technology and is actively expanding its capacity to a planned 16.30 GW for modules and 8.94 GW for cells by Fiscal 2028. Emmvee is listed under the MNRE's Approved List of Models and Manufacturers (ALMM), allowing it to supply modules for government-mandated solar projects.
IPO Details
GMP Timeline
| Date | IPO Price | GMP | Est. Price | % Change |
|---|---|---|---|---|
14 Nov 2025Live | 217 | 0 | 217 | 0.00 |
13 Nov 2025 | 217 | 0 | 217 | 0.00 |
12 Nov 2025 | 217 | 3 | 220 | +1.38 |
11 Nov 2025 | 217 | 5 | 222 | +2.30 |
10 Nov 2025 | 217 | 20 | 237 | +9.22 |
9 Nov 2025 | 217 | 20 | 237 | +9.22 |
8 Nov 2025 | 217 | 20 | 237 | +9.22 |
7 Nov 2025 | 217 | 20 | 237 | +9.22 |
6 Nov 2025 | 217 | 20 | 237 | +9.22 |
5 Nov 2025 | 217 | 20 | 237 | +9.22 |
Important Notes About Grey Market Premium
Grey Market Premium (GMP) is an unofficial value that indicates investor sentiment before the IPO listing. It is the premium amount at which IPO shares are traded in the grey market before they are officially listed on the stock exchange.
GMP fluctuates based on market conditions and investor sentiment. A positive GMP suggests the market expects the stock to list above its issue price, while a negative GMP suggests it may list below the issue price.
The actual listing price may differ from the estimated price based on GMP due to market conditions on the listing day. GMP is not an official indicator and should not be the sole basis for investment decisions.
IPOwiz updates the GMP values regularly, but these values are sourced from unofficial channels and should be used as a reference only.