Fujiyama Power Systems IPO Day 1: Check Subscription Status, Key Highlights, and More
Rooftop solar products manufacturer Fujiyama Power Systems’s Initial Public Offering (IPO) is open for public subscription today, November 13, 2025. One day prior to the IPO opening, the company has raised ₹246.9 crore from anchor investors on November 12, 2025.
Fujiyama Power Systems IPO: Issue Details
Fujiyama Power Systems IPO is a book-building issue of ₹828 crores, consisting of a fresh issue of ₹600 crores and an offer for sale of ₹228 crores by promoters Pawan Kumar Garg and Yogesh Dua.
The price band is set between ₹216 and ₹228 per share. The basis of allotment will be finalised by November 18, 2025, and the tentative listing date on BSE and NSE is November 20, 2025.
Fujiyama Power Systems IPO Day 1 Subscription Status
[11-November-2025 11:33:00 hrs]
|
Investor Category |
Subscription (Times) |
|
Qualified Institutional Buyers (QIBs) |
- |
|
Non-Institutional Investors |
0.02 |
|
Retail Individual Investors (RIIs) |
0.07 |
|
Employees |
0.08 |
|
Total |
0.04 |
Utilisation of IPO Proceeds
The net proceeds from the fresh will be used to
- Repay/prepay outstanding debt
- General corporate purposes
- Partially finance the cost of establishing the manufacturing facility in Ratlam, Madhya Pradesh
Fujiyama Power Systems Business Overview
Fujiyama Power Systems is a manufacturer and solution provider in the rooftop solar energy sector, specialising in the design, development, and production of advanced solar solutions across on-grid, off-grid, and hybrid segments.
The company manufactures solar panels, solar inverters (covering on-grid, hybrid, and off-grid models), and both lead-acid and lithium-ion batteries.
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