Comparison between Emmvee Photovoltaic IPO and Steamhouse IPO.
Emmvee Photovoltaic IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Steamhouse 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 Steamhouse IPO is up to ₹425.00 Cr. The final issue price of Emmvee Photovoltaic IPO is ₹217.00 per share and of Steamhouse IPO is .
| Emmvee Photovoltaic IPO | Steamhouse 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 ₹345.00 Cr |
| OFS Issue Size | 3,48,45,069 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹756.14 Cr | up to ₹80.00 Cr |
| Issue Size Total | 13,36,40,552 shares | 0 shares |
| Issue Size Total (Amount) | up to ₹2,900.00 Cr | up to ₹425.00 Cr |
Emmvee Photovoltaic IPO opens on Nov 11, 2025, while Steamhouse IPO opens on . The closing date of Emmvee Photovoltaic IPO and Steamhouse IPO is Nov 13, 2025, and , respectively.
| Emmvee Photovoltaic IPO | Steamhouse 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 Steamhouse IPO P/E ratio of .
| Emmvee Photovoltaic IPO | Steamhouse IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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)Steamhouse India Ltd.'s revenue increased by 36% and profit after tax (PAT) rose by 15% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 99.22 | 98.69 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 80.03 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 34.9 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹15023.89 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 104.60% | 23.53 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 23.33% | 17.20 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 3.63 | 1.63 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.22 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 69.44% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Emmvee Photovoltaic IPO Retail Individual Investors (RII) are offered 1,33,64,055 shares while in Steamhouse 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 Steamhouse IPO.
| Emmvee Photovoltaic IPO | Steamhouse 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 Steamhouse IPO subscribed .
| Emmvee Photovoltaic IPO | Steamhouse 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 |
