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
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.
Objects of the Issue
Fujiyama Power Systems Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Part financing the cost of establishing the manufacturing facility in Ratlam, Madhya Pradesh, India
180.00
2
2 Repayment and/or prepayment of all or a portion of certain outstanding borrowings availed by our Company
275.00
3
3 General corporate purposes
112.32
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