Indian solar photovoltaic module manufacturer Emmvee applies for initial public offering
Emmvee Photovoltaic Power Company has submitted a draft prospectus to the Indian market regulator, seeking to raise funds through an initial public offering (IPO). The solar photovoltaic module and solar cell manufacturer, headquartered in Bangalore, is seeking approval from the Securities and Exchange Board of India for its IPO, which is sized at INR 30 billion. The company will offer up to INR 21.44 billion in new shares, while the founders will sell up to INR 8.56 billion in shares. The joint lead underwriters for this IPO are JM Financial, IIFL Capital Services, Jefferies India, and Kotak Mahindra Capital
Source: Zhitong The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments