Comparison between Emmvee Photovoltaic IPO and Tenneco Clean Air IPO.
Emmvee Photovoltaic IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Tenneco Clean Air 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 Tenneco Clean Air IPO is up to ₹3,600.00 Cr. The final issue price of Emmvee Photovoltaic IPO is ₹217.00 per share and of Tenneco Clean Air IPO is ₹397.00 per share.
| Emmvee Photovoltaic IPO | Tenneco Clean Air IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹10 per share |
| Issue Price (Lower) | ₹206.00 per share | ₹378.00 per share |
| Issue Price (Upper) | ₹217.00 per share | ₹397.00 per share |
| Issue Price (Final) | ₹217.00 per share | ₹397.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 69 shares | 37 shares |
| Fresh Issue Size | 9,87,95,483 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹2,143.86 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 3,48,45,069 shares | 9,06,80,100 shares |
| OFS Issue Size (Amount) | up to ₹756.14 Cr | up to ₹3,600.00 Cr |
| Issue Size Total | 13,36,40,552 shares | 9,06,80,100 shares |
| Issue Size Total (Amount) | up to ₹2,900.00 Cr | up to ₹3,600.00 Cr |
Emmvee Photovoltaic IPO opens on Nov 11, 2025, while Tenneco Clean Air IPO opens on Nov 12, 2025. The closing date of Emmvee Photovoltaic IPO and Tenneco Clean Air IPO is Nov 13, 2025, and Nov 14, 2025, respectively.
| Emmvee Photovoltaic IPO | Tenneco Clean Air IPO | |
|---|---|---|
| Anchor Bid Date | Nov 10, 2025 | Nov 11, 2025 |
| Issue Open | Nov 11, 2025 | Nov 12, 2025 |
| Issue Close | Nov 13, 2025 | Nov 14, 2025 |
| Basis Of Allotment (Tentative) | Nov 14, 2025 | Nov 17, 2025 |
| Initiation of Refunds (Tentative) | Nov 17, 2025 | Nov 18, 2025 |
| Credit of Share (Tentative) | Nov 17, 2025 | Nov 18, 2025 |
| Listing date (Tentative) | Nov 18, 2025 | Nov 19, 2025 |
| Anchor Lockin End date 1 | Dec 13, 2025 | Dec 16, 2025 |
| Anchor Lockin End date 2 | Feb 11, 2026 | Feb 14, 2026 |
Emmvee Photovoltaic IPO P/E ratio is 34.9, as compared to Tenneco Clean Air IPO P/E ratio of 28.97.
| Emmvee Photovoltaic IPO | Tenneco Clean Air 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)Tenneco Clean Air India Ltd.'s revenue decreased by 11% and profit after tax (PAT) rose by 33% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 99.22 | 97.25 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 80.03 | 74.79 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 34.9 | 28.97 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹15023.89 Cr. | ₹16023.09 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 104.60% | 42.65% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 23.33% | 56.78% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 3.63 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.22 | ₹13.71 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 69.44% | 46.65% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Emmvee Photovoltaic IPO Retail Individual Investors (RII) are offered 1,33,64,055 shares while in Tenneco Clean Air 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 1,81,36,020 shares in Tenneco Clean Air IPO.
| Emmvee Photovoltaic IPO | Tenneco Clean Air IPO | |
|---|---|---|
| Anchor Investor Reservation | 6,01,38,249 shares | 2,72,04,030 shares |
| Market Maker Reservation | 0 shares | 0 shares |
| QIB | 4,00,92,166 shares | 1,81,36,020 shares |
| NII | 2,00,46,082 shares | 1,36,02,015 shares |
| RII | 1,33,64,055 shares | 3,17,38,035 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 13,36,40,552 shares | 9,06,80,100 shares |
Emmvee Photovoltaic IPO subscribed 0.97x in total, whereas Tenneco Clean Air IPO subscribed 61.79x.
| Emmvee Photovoltaic IPO | Tenneco Clean Air IPO | |
|---|---|---|
| QIB (times) | 1.26x | 174.78x |
| NII (times) | 0.30x | 42.79x |
| Big NII (times) | 0.19x | 49.38x |
| Small NII (times) | 0.51x | 29.61x |
| RII (times) | 1.10x | 5.37x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 0.97x | 61.79x |
