Fujiyama Power Systems Limited is set to launch its mainboard Initial Public Offering in November 2025. The company is a recognised manufacturer in the rooftop solar and power electronics sector, operating through well known brands such as UTL Solar and Fujiyama Solar. Investors are closely watching this IPO due to the company’s expanding presence, strong distribution network and the ongoing growth of the renewable energy market.
Currently, the grey market premium for the Fujiyama Power Systems IPO has not started. Market sentiment may change closer to the listing date, but at present no premium is being recorded. Investors should wait for updated data as the subscription period progresses.
Fujiyama Power Systems IPO Summary
Particular |
Details |
|---|---|
Company Name |
Fujiyama Power Systems Limited |
Sector |
Solar energy, rooftop solar, inverters and power backup systems |
IPO Type |
Mainboard, book built issue |
Issue Size |
Approx ₹828 crore |
Price Band |
₹216 to ₹228 per share |
Market Lot |
65 shares |
Face Value |
₹1 per share |
IPO Open Date |
13 November 2025 |
IPO Close Date |
17 November 2025 |
Allotment Date |
18 November 2025 |
Refund and Demat Credit |
19 November 2025 |
Listing Date |
20 November 2025 on BSE and NSE |
GMP Status |
No GMP active currently |
Official Website |
Detailed IPO Information
IPO Structure
The total issue size of Fujiyama Power Systems IPO is around ₹828 crore. This includes:
Fresh Issue
The company will raise around ₹600 crore through the issue of new equity shares. The proceeds will be used for:
- Establishing a new manufacturing facility
- Repayment or reduction of borrowings
- Funding research and development
- General corporate requirements
Offer For Sale
Around one crore equity shares will be offered by existing shareholders. Money raised from the offer for sale will go directly to the selling shareholders.
Price Band and Lot Size
- Price Band: ₹216 to ₹228 per share
- Minimum Lot Size: 65 shares
- Minimum Investment for Retail Investors: Approximately ₹14,820 at the upper price band
Fujiyama Power Systems IPO GMP Today
The grey market premium for the Fujiyama Power Systems IPO is currently at ₹0. There is no active trading in the grey market as of now. This means that at present there is no unofficial indication of listing gains or losses.
GMP may start once subscription levels and investor sentiment become clearer. However, GMP should never be used as the sole deciding factor for IPO investment. Core fundamentals and valuation remain more important.
Important IPO Dates and Schedule
- IPO Opening Date: 13 November 2025
- IPO Closing Date: 17 November 2025
- Basis of Allotment: 18 November 2025
- Refunds Initiated: 19 November 2025
- Shares Credited to Demat: 19 November 2025
- Listing Date: 20 November 2025
- Cut-off Time for Bidding: 17 November 2025 at 5 PM
Business Overview of Fujiyama Power Systems Limited
Fujiyama Power Systems Limited was incorporated in 2017. The company operates in the rapidly expanding rooftop solar energy and power electronics industry. It manufactures a wide range of solar and backup power solutions used by residential, commercial and industrial customers.
Key Products
The company produces:
- On grid, off grid and hybrid solar inverters
- Solar panels and power conditioning units
- Lithium ion and lead acid batteries
- Solar charge controllers and management units
- Online and offline UPS systems
Strong Brand Presence
Two major brands support its business:
- UTL Solar
A strong and established brand with a multi decade presence in the solar segment across India. - Fujiyama Solar
A fast growing brand focused on rooftop solar and value driven power products.
Manufacturing Infrastructure
The company operates manufacturing units in:
- Greater Noida, Uttar Pradesh
- Dadri, Uttar Pradesh
- Parwanoo, Himachal Pradesh
- Bawal, Haryana
A dedicated research and development centre in Delhi helps the company innovate and upgrade products continuously.
Distribution Network
Fujiyama Power Systems has one of the largest distribution networks in the solar energy segment. Its network includes:
- Over 725 distributors
- More than 5,500 dealers
- Around 1,100 exclusive partners
- More than 600 service engineers
This allows the company to supply and service rooftop solar systems across urban and rural markets efficiently.
Where To Check Official Documents
For prospectus, financial statements and IPO related announcements, investors can visit:
Official Company Website:
www.utlsolarfujiyama.com
Stock exchange pages on BSE and NSE will provide all official filings after listing.
Frequently Asked Questions (FAQs)
1. What is the Fujiyama Power Systems IPO GMP today?
The GMP is currently ₹0. No grey market premium is active as of now.
2. What are the IPO dates for Fujiyama Power Systems?
The IPO opens on 13 November 2025 and closes on 17 November 2025. The expected listing date is 20 November 2025.
3. What is the issue size and price band of the IPO?
The total issue size is approximately ₹828 crore, with a price band of ₹216 to ₹228 per share.
4. What is the minimum lot size for retail investors?
Investors must apply for at least one lot of 65 shares. At the upper price band, this equals an approximate investment of ₹14,820.
5. How can I check official documents and the prospectus?
You can check all official IPO documents and company details on the official website:
www.utlsolarfujiyama.com
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