Emmvee Photovoltaic Files Draft Papers with SEBI for ₹30 Billion IPO
A significant portion of the funds raised will be allocated to reduce the company's consolidated borrowings
July 7, 2025
Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights
Joining a growing list of clean energy companies intending to raise funds from the stock market, Bengaluru-based solar cell and module manufacturer Emmvee Photovoltaic Power has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise ₹30 billion (~$350.12 million) through an initial public offering (IPO).