The Fujiyama Power Systems IPO began on 13-November-2025. It will close on 17-November-2025. The Total IPO Size is 828.00 Crores. The company set its IPO price at 228 Rs Per Share.
There are three basic categories in Fujiyama Power Systems IPO Subscription: 1) Qualified Institutional Buyers, 2) Non-Institutional Investors, and 3) Retail.
Fujiyama Power Systems is a manufacturer of products and solution provider in the roof-top solar industry, including on-grid,off-grid and hybrid solar systems.
They strives to excel in solar panel manufacturing, solar inverter manufacturing (covering on-grid, hybrid, and off-grid solutions), and both lead acid and lithium-ion battery production.
They sell their products through s ‘UTL Solar’ and ‘Fujiyama Solar’.
The product portfolio of more than 500 SKUs which includes a full range of solar inverters, solar panels and batteries.
They have pan-India distribution network of more than 480 distributors, 3,600 dealers and 1,000 exclusive “Shoppe” franchisees.
Fujiyama Power Systems IPO Promoters
Pawan Kumar Garg, Yogesh Dua and Sunil Kumar are the promoters of the company.
Fujiyama Power Systems IPO Date, Details & Price Band
The Fujiyama Power Systems IPO Price Band, IPO Dates, Market lot and other details mentioned in the table below.
| IPO Opening Dates | 13-November-2025 |
| IPO Closing Dates | 17-November-2025 |
| Price | 216-228 Rs |
| Fresh Issue | 600.00 Cr |
| Offer for sale | 228.00 Cr |
| Total IPO size | 828.00 Cr |
| Face Value | 1 INR Per Share |
| Issue Type | Book Built Issue |
| QIB Allocation | 50% |
| HNI Allocation | 15% |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
| Market Cap | 6,986.17 Cr |
Fujiyama Power Systems IPO Market Lot
The Fujiyama Power Systems IPO minimum market lot is 65 shares with a 14,820 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Retail Minimum | 1 | 65 | 14,820 ₹ |
| Retail Maximum | 13 | 845 | 1,92,660 ₹ |
| S-HNI Minimum | 14 | 910 | 2,07,480 ₹ |
| S-HNI Maximum | 67 | 4,355 | 9,92,940 ₹ |
| B-HNI Minimum | 68 | 4,420 | 10,07,760 ₹ |
Restated Consolidated Financial Information (Amt. in Crore)
| Total Assets | Total Revenue | Profit After Tax | |
| 30-Jun-25 | 1,243.88 | 597.79 | 67.59 |
| 31-Mar-25 | 1,013.96 | 1,550.09 | 156.34 |
| 31-Mar-24 | 609.64 | 927.20 | 45.30 |
| 31-Mar-23 | 514.56 | 665.33 | 24.37 |
Fujiyama Power Systems IPO (Object of the Issue)
1. Part financing the cost of establishing the manufacturing facility in Ratlam, Madhya Pradesh, India
2. Repayment and/or prepayment of all or a portion of certain outstanding borrowings availed by our Company
3. General corporate purposes
Fujiyama Power Systems IPO GMP & Grey Market Premium
The Fujiyama Power Systems IPO GMP (Grey Market Premium) has started today. Check the Latest Fujiyama Power Systems IPO GMP, Kostak Rates, and Subject to Sauda Price here.
Fujiyama Power Systems IPO Prospectus
The Fujiyama Power Systems IPO Prospectus is Available on the NSE/BSE and SEBI websites, as well as on our Portal. Please click here to download the Fujiyama Power Systems IPO Prospectus.
| DRHP | Download |
| RHP | Download |
| Anchor Investor List | Download |
Fujiyama Power Systems IPO Allotment Date & Details
| Allotment Date | 18-Nov-2025 |
| Initiation of refunds | 19-Nov-2025 |
| Transfer of shares to Demat accounts | 19-Nov-2025 |
| Listing Date | 20-Nov-2025 |
| Check Allotment Status | Click here |
Registrar of Fujiyama Power Systems
MUFG Intime India Private Limited (formerly Link Intime India Private Limited)
C-101, 247 Park, L B S Marg
Vikhroli West, Mumbai – 400083
Maharashtra, India
Telephone: +91 810 811 4949
E-mail: [email protected]
Investor Grievance e-mail: [email protected]
Website: www.linkintime.co.in
Contact Person: Shanti Gopalkrishnan
SEBI Registration No.: INR000004058
Fujiyama Power Systems Contact Details
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: [email protected]
Website: https://www.utlsolarfujiyama.com/
Fujiyama Power Systems IPO Lead Managers
SBI Capital Markets Limited
1501, 15th floor, A & B Wing
Parinee Crescenzo, Bandra Kurla Complex
Bandra (East), Mumbai- 400051
Maharashtra, India
Tel: +91 22 4006 9807
E-mail: [email protected]
Investor grievance e-mail: [email protected]
Website: www.sbicaps.com
Contact person: Kristina Dias / Krithika Shetty
SEBI registration no.: INM000003531
Motilal Oswal Investment Advisors Limited
Motilal Oswal Tower, Rahimtullah Sayani Road
Opposite Parel ST Depot
Prabhadevi, Mumbai – 400025
Maharashtra, India
Tel: +91 22 7193 4380
E-mail: [email protected]
Investor grievance e-mail: [email protected]
Website: www.motilaloswalgroup.com
Contact person: Sukant Goel/ Ronak Shah
SEBI registration no.: INM000011005
