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Fujiyama Power Systems IPO Details

13 November - 17 November 2025 Closed
Mainboard BSE,NSE

The Fujiyama Power Systems IPO is a book build issue with a total issue size of ₹228 cr, and a offer for sale of 10000000 equity shares. Fujiyama Power Systems IPO opened for subscription on Nov 13, 2025 and closed on Nov 17, 2025. Fujiyama Power Systems IPO is set price band at ₹216 to ₹228 per share, with a lot size of 65 shares. Minimum investment for Retail investors was ₹14,820.00 (at the upper price band) to apply for one lot.

The basis of allotment got finalized on Nov 18, 2025, and listed on both the NSE and BSE on Nov 20, 2025.

MUFG Intime India Private Limited has been appointed as the registrar. Motilal Oswal Investment Advisors Pvt Ltd and SBI Capital Markets Limited are the Book Running Lead Manager for the issue.

Before investing in the Fujiyama Power Systems IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.

Price Band
₹ 216 – 228
Lot Size
65
Issue Size
₹228 Cr
Minimum Investment
₹14820 (65 Shares)
Listing Date
20 November 2025

Current GMP

₹3 (+1.32%)

Open Date 13 November, 2025
Close Date 17 November, 2025
Market Cap -
Industry Power and Energy
Sector Power and Energy
Subscription 2.14x

*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.

About Fujiyama Power Systems Limited

Fujiyama Power Systems Limited

Overview
Founded in 2017, Fujiyama Power Systems Limited is a leading manufacturer and solutions provider in the rooftop solar energy sector, offering comprehensive on-grid, off-grid, and hybrid solar systems. The company’s mission is to empower customers with reliable and sustainable solar energy solutions while reducing dependence on third-party OEMs.

Product Portfolio
Fujiyama has developed an extensive product portfolio comprising over 522 SKUs, including:

  • Solar inverters (on-grid, off-grid, and hybrid)
  • Solar panels
  • Lithium-ion and tubular batteries
  • Solar PCUs
  • PWM and other battery chargers
  • Solar management units (SMUs)
  • Charge controllers
  • Online and offline UPS systems

This diverse range of products enables the company to deliver end-to-end solar solutions tailored to customer needs.

Distribution and Service Network
The company operates through a robust pan-India distribution network, consisting of:

  • 725+ distributors
  • 5,546+ dealers
  • 1,100+ exclusive “Fujiyama Shoppe” franchise outlets

Each “Shoppe” is managed by trained professionals equipped to understand customer requirements and deliver customized solar solutions. In addition, Fujiyama is supported by a team of over 602 qualified service engineers who provide reliable installation, maintenance, and technical support across the country.

Manufacturing Facilities
Fujiyama Power Systems Limited operates four state-of-the-art manufacturing facilities located in:

  • Greater Noida, Uttar Pradesh
  • Parwanoo, Himachal Pradesh
  • Bawal, Haryana
  • Dadri, Uttar Pradesh

All facilities are equipped with advanced production technologies and adhere to the highest international standards of quality and safety.

Certifications
The company’s manufacturing systems are certified under the following international standards:

  • ISO 9001:2015 – Quality Management System
  • ISO 14001:2015 – Environmental Management System
  • ISO 45001:2018 – Occupational Health and Safety Management System

Global Presence
Fujiyama Power Systems has established a growing global footprint, exporting its products to markets including the United States, Bangladesh, the United Arab Emirates, and several other Asian countries.


Fujiyama Power Systems IPO Promoters

  1. Pawan Kumar Garg
  2. Yogesh Dua
  3. Sunil Kumar
Promoters Holding

Holding Pre Issue

99.67%

Holding Post Issue

0.00%

Fujiyama Power Systems IPO Objective

“The Net Proceeds from the Fresh Issue, i.e., the Gross Proceeds after deducting the portion of Offer expenses attributable to the Company in relation to the Fresh Issue, are proposed to be utilized for the following purposes:” 

  1. Financing the cost of establishing the manufacturing facility in Ratlam, Madhya Pradesh, India 
  2. Repayment of certain outstanding borrowings availed by our Company 
  3. General Corporate Purposes 

Address / Contact Info

Fujiyama Power Systems Ltd.
53A/6, Near NDPL Grid Office,
Near Metro Station
Sat Guru Ram Singh Marg
Delhi, New Delhi, 110015
Phone: +91 1141055305
Email: investor@utlsolarfujiyama.com
Website: https://www.utlsolarfujiyama.com/

IPO Snapshot

Face Value₹1 per share
Price Band₹ 216 – 228
Lot Size65
Issue TypeBook-building IPO
Sale TypeFresh Capital & Offer For Sale
Fresh Issue₹ 0.00 Cr
Offer for Sale₹ 228.00 Cr
Total Issue Size₹ 228.00 Cr
Listing AtBSE,NSE
IndustryPower and Energy
SectorPower and Energy
QIB Quota27.87%
BNII Quota14.25%
SNII Quota7.13%
Retail Quota49.88%

Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.

Frequently Asked Questions

Everything you need to know before applying to an IPO.

Fujiyama Power Systems IPO is a Book-building IPO with a total issue size of ₹228 crore. The Fujiyama Power Systems IPO price band is ₹216 to 228 per share. The Fujiyama Power Systems IPO subscription opens on Thu, Nov 13, 2025, and closes on Mon, Nov 17, 2025. The Fujiyama Power Systems IPO will be listed on the BSE,NSE. MUFG Intime India Private Limited is the registrar for the Fujiyama Power Systems IPO.

The Fujiyama Power Systems IPO opens on Thu, Nov 13, 2025 and closes on Mon, Nov 17, 2025

Fujiyama Power Systems IPO Price Band is ₹216 to 228 per share.

Fujiyama Power Systems IPO lot size is 65 shares, Retail investors need a minimum investment of ₹14820 based on the upper price band

The minimum investment for Fujiyama Power Systems IPO is ₹14820, based on one lot of 65 shares at the upper price band of ₹228 per share.

Investors can apply for the Fujiyama Power Systems IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Mon, Nov 17, 2025. The application amount remains blocked until the Fujiyama Power Systems IPO allotment is finalized.

Fujiyama Power Systems IPO issue size is ₹228 crores.

Fujiyama Power Systems IPO allotment date is Wed, Jul 1, 2026.

The registrar for Fujiyama Power Systems IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Fujiyama Power Systems IPO allotment status, refund processing, and other IPO-related information.

The Fujiyama Power Systems IPO GMP (Grey Market Premium) is ₹3 as of Wed, Nov 19, 2025. Based on the upper price band of ₹228 per share, the estimated Fujiyama Power Systems IPO listing price is ₹231, indicating a potential listing gain of approximately 0% over the issue price.