1. Company Information
Incorporated in March 2007, Emmvee Photovoltaic Power Limited is an integrated solar PV module and cell manufacturer.
As of May 31, 2025, the company has a solar PV module capacity of 7.80 GW and a solar cell capacity of 2.94 GW.
The company's product portfolio includes bifacial and mono-facial TOPCon modules and cells, and Mono PERC modules.
The company has four manufacturing units across two Karnataka locations on 22.44 acres.
As of May 31, 2025, the company's Solar cell manufacturing unit at Dobbaspet, Bengaluru, Karnataka, is one of India's largest TOPCon solar cell facilities by capacity.Company solar PV modules have successfully undergone a technology review and bankability assessment conducted by a reputed third-party agency in 2023, with our Mono PERC modules being certified as having ‘leading durability’ under thermal cycle and damp heat tests and ‘PID resistant’ under potential-induced degradation tests. Our modules have also received accreditations such as BIS R-62002976, BIS R-62001074, UL 61730:2022 and International Electrotechnical Commission (“IEC”) standards 61701:2020, IEC 62759-1:2022, IEC 62716:2013, IEC 60068–2-68:1994, IEC TS 62804-1, 3X IEC
reliability test for thermal cycling, damp heat, humidity freeze and ultraviolet pre-conditioning radiation and IEC TS 63342:2022 test for light and elevated temperature induced degradation. Our modules have demonstrated a degradation rate of 2.00%, which is below the IEC standard of 5% and in line with PVEL’s standard of 2%.
2. Competitive Strengths
Second largest pure-play integrated solar PV module and cell manufacturers in India
One of the largest solar PV module manufacturers in India with a track record of delivering quality products
Early mover advantage in leveraging higher efficiency TOPCon cell technology
Advanced manufacturing units driving efficient and sustainable operations
Valued relationships with a diverse customer base backed by a substantial order book
Experienced Promoter-led senior management team
3.Emmvee Photovoltaic Power Limited IPO Registrar
Kfin Technologies Ltd.
04067162222, 04079611000
Emmvee.ipo@kotak.com
https://ipostatus.kfintech.com