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Fujiyama Power Systems Ltd.

IPO Details · GMP · Subscription · Financials
✅ Listed NSE & BSE Mainboard
Issue Price
₹228
Per Share
GMP
NIL
Grey Market
Est. Listing
₹228
Expected Price
Min. Application
₹29,640
2 lots × 65 shares
IPO Issue Details
Issue Price / Price Band₹228 per share (Fixed Price)
Face Value₹1 Per Share
Lot Size65 Shares per Lot
Total Issue Size3,63,15,789 shares (aggregating up to ₹828.00 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenThu, 13 Nov 2025
Subscription CloseMon, 17 Nov 2025
Anchor AllotmentWed, 12 Nov 2025
Basis of AllotmentTue, 18 Nov 2025
Initiation of RefundsWed, 19 Nov 2025
Credit of Shares to DematWed, 19 Nov 2025
Listing DateSat, 20 Dec 2025
UPI Mandate Deadline2025-11-17
Application & Investment Details
Retail — Min (1 Lots)₹14,820 — 65 shares
Retail — Max (13 Lots)₹192,660 (13 Lots)
HNI — Min (68 Lots)₹10,07,760 — 4,420 shares
QIB Quota49.70% of Issue
NII / HNI Quota14.91% of Issue
Retail Quota34.79% of Issue
EPS (Pre-IPO)₹5.58
EPS (Post-IPO)₹8.82
P/E Ratio (Pre-IPO)40.85x
P/E Ratio (Post-IPO)25.84x
Pre-IPO Promoter Holding28,00,95,145 shares
Post-IPO Promoter Holding30,64,10,934 shares
Fresh Issue Shares2,63,15,789 shares (aggregating up to ₹600.00 Cr)
Offer for Sale Shares1,00,00,000 shares of ₹1 (aggregating up to ₹228.00 Cr)
About Fujiyama Power Systems Ltd.

Founded in 2017, Fujiyama Power Systems Limited manufactures products and provides solutions in the rooftop solar industry, including on-grid, off-grid, and hybrid solar systems. The company has designed an extensive product portfolio of over 522 SKUs, including solar inverters, panels, and batteries, to reduce customer reliance on alternative OEMs.The company serves customers via an extensive distribution network with over 725 distributors, 5,546 dealers, and 1,100 exclusive “Shoppe” franchisees trained to understand customer needs and supply customized solar systems. Additionally, we have over 602+ qualified service engineers providing maintenance and technical support.The company offers a wide range of products, including solar PCUs, off-grid, on-grid, and hybrid inverters, solar panels, PWM chargers, other battery chargers, lithium-ion and tubular batteries, online and offline UPS systems, solar management units, and charge controllers.The company has four manufacturing facilities in Greater Noida, Uttar Pradesh, Parwanoo, Himachal Pradesh, Ba2017wal, Haryana and Dadri, UP.The company's production systems are certified under ISO 9001:2015 (Quality Management), ISO 14001:2015 (Environmental Management), and ISO 45001:2018 (Occupational Health and Safety).The company exports its products to countries such as the USA and several Asian countries, including Bangladesh and the UAE.Competitive StrengthQuality-centric and precision-driven large-scale manufacturing infrastructure driving production efficiency.Robust distribution network, and post-sale service capabilities driving strong brand recognition.Track record of technological development and product innovation.Diverse solar products establish the company as a leader in the rooftop solar industry.Experienced Promoters and Senior Management and a committed employee base.

Shareholding & Lock-in
Pre-IPO Promoter Holding 28,00,95,145 shares
Post-IPO Promoter Holding 30,64,10,934 shares
Lock-in Period (30%)Wed, Dec 17, 2025
Lock-in Period (50%)Sun, Feb 15, 2026
Check Allotment Check Status →
Fujiyama Power Systems Ltd. — Live Price LIVE
₹228.00
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Issue Price
₹228.00
Issue Price
₹228.00
Face Value
₹1
Lot Size
65 sh
Listed On
20 Dec 2025
Exchange
NSE & BSE
GMP
NIL
Symbol: NSE:FUJIYAMA
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹228
GMPNIL
Est. Listing₹228
Lot Size65 shares
Min Amount₹29,640
Listing Date20 Dec 2025
QIB Shares18,048,245
NII Shares5,414,474
Retail Shares12,633,772
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹228
Listing Date20 Dec 2025
Listing Price₹—
Listing Gain/Loss—%
52-Week High₹—
52-Week Low₹—
GMP Trend — Fujiyama Power Systems Ltd. Post-listing trend
Issue Price ₹228.00
GMP NIL
Est. Listing ₹228.00
Status: Listed
Fujiyama Power Systems Ltd. IPO Subscription Status
Total shares offered: 3,63,15,789 (100.00%). Issue price: ₹228. Subscription data will be updated once the IPO opens for bidding.
IPO Subscription Status Category-wise (as reported by BSE/NSE)
Category Shares Offered* Total Amt* (₹ Cr.)
QIB (Ex Anchor)
18,048,245 ₹411.500
NII
5,414,474 ₹123.450
Retail
12,633,772 ₹288.050
Employees
219,298 ₹5.000
Total ** 36,315,789 ₹828.000
*: "Shares Offered" and "Total Amount" are calculated based on the upper price of the issue price range.
**: The portion of anchor investors (or market makers) is not included in the total number of shares offered.
Important Dates
Subscription OpensThu, 13 Nov 2025
Subscription ClosesMon, 17 Nov 2025
Anchor AllotmentWed, 12 Nov 2025
Basis of AllotmentTue, 18 Nov 2025
Initiation of RefundWed, 19 Nov 2025
Demat CreditWed, 19 Nov 2025
Listing DateSat, 20 Dec 2025
UPI Mandate Deadline2025-11-17
Check AllotmentClick here →
Lot Size & Investment Table
ApplicationLotsSharesAmount
Retail (Min — 2 Lots) 2 130 ₹29,640
Retail (Max — 13 Lots) 13 845 ₹192,660
S-HNI (Min — 14 Lots) 14 910 ₹207,480
S-HNI (Max — 66 Lots) 66 4,290 ₹978,120
B-HNI (Min — 67 Lots) 67 4,355 ₹992,940
* Issue Price ₹228 × Lot Size 65 shares
Basis of Allotment — Fujiyama Power Systems Ltd. IPO
Category QIB NII Retail Employees Total
Ex. Anchor Anchor Investor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (No. of shares) 5,414,474 12,633,772 219,298 18,267,544
Allotment price (Rs.) 228 228 228 228 228 228 228 228 228
No. of applications
No. of shares applied
Amount collected (Rs.cr.) 411.50 411.50 123.45 288.05 5.00 828.00
No. of times subscribed
No. of shares allotted 5,414,474 12,633,772 219,298 18,267,544
Amount (Rs.cr.) 411.50 411.50 123.45 288.05 5.00 416.50
No. of allottees
* Based on upper price band ₹228
** Anchor investor allotment is excluded from total shares offered to public.
IPO Shares Offered (Issue Structure)
Category Shares Offered Amt (₹ Cr) Size (%)
QIB (Ex Anchor) 18,048,245 ₹411.50
49.70%
NII / HNI 5,414,474 ₹123.45
14.91%
Retail (RII) 12,633,772 ₹288.05
34.79%
Employee 219,298 ₹5.00
0.60%
Total 36,315,789 ₹828.00
100.00%
Company Financials — Restated Consolidated (Amount in ₹ Crore)
Particulars 30 Jun 2025 31 Mar 2025 31 Mar 2024
Revenue from Operations 597.79 1550.09 927.20
EBITDA 105.89 248.52 98.64
Profit After Tax (PAT) 67.59 156.34 45.30
Net Worth 464.34 396.82 239.54
Total Assets 1243.88 1013.96 609.64
Reserves & Surplus 436.33 368.81 215.00
Total Borrowings 432.83 346.22 200.19
EBITDA Margin (%) 16.13%
PAT Margin (%) 10.15%
Key Ratios & Valuation
Issue Price₹228
Face Value₹1 Per Share
Price / Book Value (P/BV)16.09
Return on Equity (RoE)39.40%
Return on Capital Employed (RoCE)41.01%
Return on Net Worth (RoNW)39.40%
PAT Margin (%)10.15%
EBITDA Margin (%)16.13%
Debt / Equity Ratio0.87
Issue Structure & Shareholding
Total Shares Offered3,63,15,789 (100.00%)
Net Offer to PublicNot Available
Reserved for Market MakerNot Available
Pre-Issue Promoter Holding28,00,95,145 shares
Post-Issue Promoter Holding30,64,10,934 shares
Script CodeNot Available
Objects of the Issue

Fujiyama Power Systems Ltd. proposes to utilize the net proceeds raised through this IPO for the following objects as stated in the Draft Red Herring Prospectus (DRHP) filed with SEBI:

1
Object 1
2
Object 2
3
Object 3
Issue Composition & Shareholding
Issue TypeBookbuilding IPO
Sale TypeFresh Capital-cum-Offer for Sale
Total Shares Offered3,63,15,789 (100.00%)
Net Offer to PublicNot Available
Reserved for Market MakerNot Available
Pre-Issue Promoter Holding28,00,95,145 shares
Post-Issue Promoter Holding30,64,10,934 shares
Company Details
Company Name
Fujiyama Power Systems Ltd.
Listing Exchange
NSE & BSE
IPO Type
allottees IPO
Issue Type
Bookbuilding IPO
Face Value
₹1 Per Share
Script Code
Not Available
Registered Address
53A/6, Near NDPL Grid Office, Near Metro Station Sat Guru Ram Singh Marg Delhi, New Delhi, 110015
IPO Registrar (Share Transfer Agent)
Book Running Lead Managers (BRLM)
Motilal Oswal Investment Advisors Ltd.
Book Running Lead Manager (BRLM)
SBI Capital Markets Ltd.
Book Running Lead Manager (BRLM)
IPO Allotment
Check Allotment Status Check Now
Quick Actions
Check Allotment Status
IPO Timeline
Anchor Allotment
12 Nov 2025, Wed
✓ Done
IPO Opens
13 Nov 2025, Thu
✓ Done
IPO Closes
17 Nov 2025, Mon
✓ Done
Basis of Allotment
18 Nov 2025, Tue
✓ Done
Initiation of Refunds
19 Nov 2025, Wed
✓ Done
Credit of Shares
19 Nov 2025, Wed
✓ Done
Listing Day
20 Dec 2025, Sat
✓ Done
Quick Summary
Issue Price₹228
Face Value₹10
Lot Size65 Shares
Min. Investment₹29,640
Open Date13 Nov 2025
Close Date17 Nov 2025
Allotment18 Nov 2025
Listing Date20 Dec 2025
ExchangeNSE & BSE
GMPNIL
Est. Listing₹228
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