Comparison between Emmvee Photovoltaic IPO and Manipal Payment and Identity Solutions IPO.
Emmvee Photovoltaic IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Manipal Payment and Identity Solutions IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Emmvee Photovoltaic IPO is up to ₹2,900.00 Cr whereas the issue size of the Manipal Payment and Identity Solutions IPO is up to ₹0.00 Cr. The final issue price of Emmvee Photovoltaic IPO is ₹217.00 per share and of Manipal Payment and Identity Solutions IPO is .
| Emmvee Photovoltaic IPO | Manipal Payment and Identity Solutions IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹2 per share |
| Issue Price (Lower) | ₹206.00 per share | |
| Issue Price (Upper) | ₹217.00 per share | |
| Issue Price (Final) | ₹217.00 per share | |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 69 shares | |
| Fresh Issue Size | 9,87,95,483 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹2,143.86 Cr | up to ₹400.00 Cr |
| OFS Issue Size | 3,48,45,069 shares | 1,75,00,000 shares |
| OFS Issue Size (Amount) | up to ₹756.14 Cr | up to ₹0.00 Cr |
| Issue Size Total | 13,36,40,552 shares | 0 shares |
| Issue Size Total (Amount) | up to ₹2,900.00 Cr | up to ₹0.00 Cr |
Emmvee Photovoltaic IPO opens on Nov 11, 2025, while Manipal Payment and Identity Solutions IPO opens on . The closing date of Emmvee Photovoltaic IPO and Manipal Payment and Identity Solutions IPO is Nov 13, 2025, and , respectively.
| Emmvee Photovoltaic IPO | Manipal Payment and Identity Solutions IPO | |
|---|---|---|
| Anchor Bid Date | Nov 10, 2025 | |
| Issue Open | Nov 11, 2025 | |
| Issue Close | Nov 13, 2025 | |
| Basis Of Allotment (Tentative) | Nov 14, 2025 | |
| Initiation of Refunds (Tentative) | Nov 17, 2025 | |
| Credit of Share (Tentative) | Nov 17, 2025 | |
| Listing date (Tentative) | Nov 18, 2025 | |
| Anchor Lockin End date 1 | Dec 13, 2025 | |
| Anchor Lockin End date 2 | Feb 11, 2026 |
Emmvee Photovoltaic IPO P/E ratio is 34.9, as compared to Manipal Payment and Identity Solutions IPO P/E ratio of .
| Emmvee Photovoltaic IPO | Manipal Payment and Identity Solutions IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials | Company Financials (Restated Consolidated)Emmvee Photovoltaic Power Ltd.'s revenue increased by 147% and profit after tax (PAT) rose by 1177% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated Consolidated)Manipal Payment & Identity Solutions Ltd.'s revenue increased by 1% and profit after tax (PAT) rose by 13% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 99.22 | 62.10 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 80.03 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 34.9 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹15023.89 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 104.60% | 55.08 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 23.33% | 33.97 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 3.63 | 0.76 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.22 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 69.44% | 45.54 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Emmvee Photovoltaic IPO Retail Individual Investors (RII) are offered 1,33,64,055 shares while in Manipal Payment and Identity Solutions IPO retail investors are offered 1,33,64,055 shares. Qualified Institutional Buyers (QIB) are offered 4,00,92,166 shares in Emmvee Photovoltaic IPO and 0 shares in Manipal Payment and Identity Solutions IPO.
| Emmvee Photovoltaic IPO | Manipal Payment and Identity Solutions IPO | |
|---|---|---|
| Anchor Investor Reservation | 6,01,38,249 shares | 0 shares |
| Market Maker Reservation | 0 shares | 0 shares |
| QIB | 4,00,92,166 shares | 0 shares |
| NII | 2,00,46,082 shares | 0 shares |
| RII | 1,33,64,055 shares | 0 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 13,36,40,552 shares | 0 shares |
Emmvee Photovoltaic IPO subscribed 0.97x in total, whereas Manipal Payment and Identity Solutions IPO subscribed .
| Emmvee Photovoltaic IPO | Manipal Payment and Identity Solutions IPO | |
|---|---|---|
| QIB (times) | 1.26x | |
| NII (times) | 0.30x | |
| Big NII (times) | 0.19x | |
| Small NII (times) | 0.51x | |
| RII (times) | 1.10x | |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 0.97x |
