
Fujiyama Power Systems IPO Details: Everything You Should Know about
Posted by : sachet | Wed Nov 12 2025

Check Expert’s Verdicts on Fujiyama Power Systems IPO
The Fujiyama Power Systems IPO will be open for bidding from 13th November to 17th November. It is a book-building issue of 828.00 crore shares, comprising a fresh issue of 2.63 crore shares, and an offer for sale of 1.00 crore shares. The IPO is expected to be listed on the BSE and NSE, with a tentative listing date of 20th November 2025.
Fujiyama Power Systems IPO Details
The Fujiyama Power Systems IPO is expected to take place from 13th November 2025 to 17th November 2025. The face value of Fujiyama Power Systems IPO shares is ₹1 per share, and the IPO price is set at ₹216 to ₹228 per share.
MUFG Intime India Private Limited is the registrar of the Fujiyama Power Systems IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below.
Fujiyama Power Systems IPO Details
| IPO Open Date | 13th November 2025 |
| IPO Close Date | 17th November 2025 |
| IPO Allotment Date | 17th November 2025 |
| Refund Initiation | 18th November 2025 |
| Face Value | ₹1 per share |
| Price Band | ₹216 to ₹228 per share |
| Lot Size | 65 Shares |
| Issue Size | 3,63,15,789 shares(aggregating up to ₹828.00 Cr) |
| Fresh Issue | 2,63,15,789 shares(aggregating up to ₹600.00 Cr) |
| Offer for sale | 1,00,00,000 shares of ₹1(aggregating up to ₹228.00 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE and NSE |
| Listing Date | 20th November 2025 |
Fujiyama Power Systems IPO Share Reservation
Fujiyama Power Systems’ IPO is a book-building issue IPO of 828 Crore shares. Fujiyama Power Systems Limited Shares will be listed on the BSE and the NSE. Furthermore, SEBI has specified the share reservation criteria for different investor categories.
| Investor Categories | Shares Offered |
| QIB Shares Offered | Not more than 50% of the offer |
| Retail Shares Offered | Not less than 35% of the offer |
| NII Shares Offered | Not less than 15% of the offer |
Fujiyama Power Systems IPO GMP
GMP is the gap between the price band of the issue and the price at which company shares are currently trading in the grey market. Would you like to receive live updates on the Fujiyama Power Systems IPO? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.
| GMP Date | IPO Price | GMP | Estimated Listing Price | Estimated L0isting Gains |
| 17-11-2025 | – | – | – | – |
| 16-11-2025 | – | – | – | – |
| 15-11-2025 | – | – | – | – |
| 14-11-2025 | – | – | – | – |
| 13-11-2025 | ₹228.00 | ₹0.00 | ₹228.00 | 0.00% |
| 12-11-2025 | ₹228.00 | ₹0.00 | ₹228.00 | 0.00% |
| 11-11-2025 | ₹228.00 | ₹0.00 | ₹228.00 | 0.00% |
| 10-11-2025 | ₹228.00 | ₹0.00 | ₹228.00 | 0.00% |
| 9-11-2025 | ₹228.00 | ₹0.00 | ₹228.00 | 0.00% |
| 8-11-2025 | ₹228.00 | ₹0.00 | ₹228.00 | 0.00% |
| 7-11-2025 | ₹228.00 | ₹0.00 | ₹228.00 | 0.00% |
| 6-11-2025 | ₹228.00 | ₹0.00 | ₹228.00 | 0.00% |
| 5-11-2025 | ₹228.00 | ₹0.00 | ₹228.00 | 0.00% |
As of 13th November 2025, the Fujiyama Power Systems IPO GMP stands at ₹0 per share, indicating that the share is likely to list at ₹228 on its tentative listing date,20th November 2025.
GMP data is subject to change based on market trends and sentiments. Please verify the live GMP status before applying for the Fujiyama Power Systems IPO GMP. Stay informed with Univest for real-time insights into IPOs and their GMP trends.
Fujiyama Power Systems IPO Review

Review the detailed Fujiyama Power Systems IPO review for a thorough understanding of its potential to deliver listing gains. The Fujiyama Power Systems IPO review will help you invest effectively to avoid significant losses. Explore more to make an informed Investment decision on this IPO.
Financial Health
Assess a company’s financial performance to know about its ability to sustain a competitive edge. Therefore, it is crucial to comprehend the business’s economic performance and trends before applying for the Fujiyama Power Systems IPO.
Fujiyama Power Systems Limited’s revenue increased by 67% from ₹927.90 crore in March 2024 to ₹1,550.09 crore in March 2025. Moreover, the company’s PAT increased by 245% from ₹45.30 crores to ₹156.34 crores. Investors can analyse other relevant factors and make a decision accordingly.
Fujiyama Power Systems Limited’s IPO has shown consistent revenue growth, indicating the company’s financial stability. Moreover, brokers, investors, and RAs have a positive outlook for Fujiyama Power Systems’s IPO on its tentative listing day.
Technical Analysis
Some technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technical aspects of the Fujiyama Power Systems IPO
| Key Indicators | Value |
| PE Ratio (Price-to-Earnings) | 40.85 |
| EPS (Earnings Per Share) | 5.58 |
| RoNW | 39.40% |
| ROCE | 41.01% |
| ROE | 39.40% |
| EBITDA Margin | 16.13% |
| Price to Book Value | 16.06 |
| Market Capitalisation | ₹6,986.17 Cr |
The P/E ratio of Fujiyama Power Systems Limited’s shares is 40.85, and its Earnings Per Share (EPS) is 5.58. Thus, the Fujiyama Power Systems Limited IPO can deliver gains on its tentative listing day, 20th November 2025
Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Fujiyama Power Systems Limited are subject to change after the IPO. Refer to the table below for post-issue updates on these two metrics.
| Indicators | Pre-IPO | Post-IPO |
| PE Ratio | 40.85 | 25.84 |
| EPS | 5.58 | 8.82 |
Fujiyama Power Systems IPO Subscription Status
The subscription status for the Fujiyama Power Systems IPO is yet to be announced. Stay informed on this passage to check the live Fujiyama Power Systems IPO subscription status.
| Investor Category | Shares Offered | Shares Subscribed | Subscription to the Times |
| QIB Shares Offered | Not more than 50% of the offer | Yet to be announced | Yet to be announced |
| Retail Shares Offered | Not less than 35% of the offer | Yet to be announced | Yet to be announced |
| NII Shares Offered | Not less than 15% of the offer | Yet to be announced | Yet to be announced |
About the Fujiyama Power Systems Limited Company Overview

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 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.
- Quality-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.
Fujiyama Power Systems Limited Financials
The company’s financial analysis is essential before applying for Fujiyama Power Systems Limited’s IPO. Refer to the table to learn about Fujiyama Power Systems Limited’s financial information.
| Year Ended | 30th June 2025 | 31st March 2025 (in cr.) | 31st March 2024 (in cr.) | 31st March 2023 (in cr.) |
| Assets | 1,243.88 | 1,013.96 | 609.64 | 514.56 |
| Revenue | 597.79 | 1,550.09 | 927.20 | 665.33 |
| Profit After Tax | 67.59 | 156.34 | 45.30 | 24.37 |
| EBITDA | 105.89 | 248.52 | 98.64 | 51.60 |
| Net Worth | 465.34 | 396.82 | 239.54 | 193.08 |
| Reserve and Surplus | 436.33 | 368.81 | 215.00 | 70.55 |
| Total Borrowing | 432.83 | 346.22 | 200.19 | 211.14 |
Explanation
Fujiyama Power Systems Limited’s revenue increased by 67% from ₹927.90 crore in March 2024 to ₹1,550.09 crore in March 2025. Moreover, the company’s PAT increased by 245% from ₹45.30 crores to ₹156.34 crores. Investors can analyse other relevant factors and make a decision accordingly.
Fujiyama Power Systems IPO Promoter Holdings
Take a look at the table below to review the holdings of Fujiyama Power Systems Limited’s promoters. Pawan Kumar Garg, Yogesh Dua and Sunil Kumar.
| Share Holding Pre-Issue | 99.67% |
| Share Holding Post-Issue | 87.88% |
Note: The value will be calculated using Equity Dilution = Share Holding Pre-Issue – Share Holding Post-Issue.
Fujiyama Power Systems IPO Objectives
The primary objective of the Fujiyama Power Systems IPO is to raise ₹828.00 crore. However, before applying for the IPO, it is essential to be aware of its secondary objectives.
- Part financing the cost of establishing the manufacturing facility in Ratlam, Madhya Pradesh, India
- Repayment and/or prepayment of all or a portion of certain outstanding borrowings availed by our Company
- General corporate purposes
Should I Invest in Fujiyama Power Systems IPO?
Explore the pros and cons of Fujiyama Power Systems IPO to decide whether to apply for it or avoid it. These pros and cons might help you understand the IPO’s potential to deliver profits in the coming decades.
Pros of Fujiyama Power Systems IPO
- Strong financial growth
- Good product diversification
- Wide distribution and service network
- Clear use of IPO proceeds
- Operates in a high-growth renewable sector
Cons of the Fujiyama Power Systems IPO
- High valuation (expensive P/E)
- Regional concentration risk
- Dependence on imported raw materials
- Customer and market concentration
- Working capital and supply chain pressures
- Partial Offer-for-Sale (OFS) component
How to Invest in the Fujiyama Power Systems IPO?
Please follow the steps outlined below to apply for a position at Fujiyama Power Systems IPO Limited.
- Step 1: Conduct thorough research on the Fujiyama Power Systems IPO, including GMP status, subscription status, issue size, lot size, and other relevant details.
- Step 2: Open a demat account with Univest to gain real-time insights into GMP and subscription status. You can also use your previous demat account by navigating to the IPO section.
- Step 3: Place a bid for one lot of 65 shares, valued at ₹14,820.
- Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.
Note: You can apply for the Fujiyama Power Systems IPO across multiple demat accounts to increase your chances of allotment.
How to Check Fujiyama Power Systems IPO Allotment Status?

You can check for the Fujiyama Power Systems IPO allotment in different ways. These include NSE and the registrar portal. Follow the steps below to check your allotment status online.
Check On NSE
- Visit the NSE Official Website.
- Navigate to the IPO Allotment Section.
- Select Equity as the issue type.
- Choose the Fujiyama Power Systems IPO.
- Choose whether to proceed with the PAN number or the application number.
- Submit your details to get the allotment status online.
Check On the Registrar Portal
- Visit the registrar portal.
- Click on the allotment option.
- Fill in the required details.
- Click on the submit button to know your Fujiyama Power Systems IPO allotment status.
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Final Thoughts
Fujiyama Power Systems’ IPO is a Boobuilding IPO of ₹828.00 crore. The shares of Fujiyama Power Systems IPO Limited will be listed on the BSE and NSE on its tentative listing date of 20th November 2025. Researching the Fujiyama Power Systems IPO, including its GMP status and reviews, is highly recommended to secure the desired profitability. Brokers and investors have highlighted their pros and cons, so one must analyse them and decide accordingly.
Stay informed with Univest to get regular updates on the Fujiyama Power Systems IPO, GMP, subscription, and more!
FAQs on Fujiyama Power Systems IPO
How is the Fujiyama Power Systems IPO?
Ans. As of 13th November 2025, the Fujiyama Power Systems IPO GMP (Grey Market Premium) stands at 0. It indicates that the estimated listing price could be ₹228 per share. It is a book-building IPO of 828 crore shares. The face value of each share of Fujiyama Power Systems IPO Limited is ₹1.
What is Fujiyama Power Systems IPO price?
Ans. The Fujiyama Power Systems IPO price range is ₹216.00 to ₹298.00 per share. Retail investors can apply for a minimum of 1 lot, each consisting of 65 shares, worth ₹14,820. Moreover, HNIs are required to bid for a minimum of 14 lots (910 shares) worth ₹2,07,480.
Is the Fujiyama Power Systems IPO a good investment?
Ans. Fujiyama Power Systems Limited’s revenue increased by 67% from ₹927.90 crore in March 2024 to ₹1,550.09 crore in March 2025. Moreover, the company’s PAT increased by 245% from ₹45.30 crores to ₹156.34 crores. Investors can analyse other relevant factors and make a decision accordingly.
Who will be the registrar of the Fujiyama Power Systems IPO?
Ans. According to recent updates, MUFG Intime India Private Limited will be the registrar responsible for managing allotment and refund procedures. For any queries regarding the Fujiyama Power Systems IPO GMP, allotment, or refund, please contact MUFG Intime India Private Limited at ipo.helpdesk@linkintime.co.in or +91-22-4918 6270.
What is the issue size of the Fujiyama Power Systems IPO?
Ans. Fujiyama Power Systems IPO is a book-building issue of 828 crore. Moreover, the IPO is set to open on 13th November 2025 and close on 17th November 2025.
Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Fujiyama Power Systems IPO, wait for the Fujiyama Power Systems IPO RHP and Fujiyama Power Systems IPO DRHP. Conduct thorough research before investing in IPOs to minimise the risk of significant losses. You can also consult your financial advisor.
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