Fujiyama Power Systems IPO Day 3: Check Subscription Status & Key Highlights
The ?828 crore initial public offering (IPO) of Fujiyama Power Systems concludes its?public bidding today, 17 November 2025. Till the end of day 2, the IPO received a total subscription of 0.41 times.?
Fujiyama Power Systems IPO: Issue Details
- Issue Size: The Fujiyama Power Systems IPO is a book-building issue of ?828 crores, comprising a fresh issue of ?600 crores and an offer-for-sale of ?228 crores by promoters Pawan Kumar Garg and Yogesh Dua.
- Price Band: The price band is set at ?216-?228 per share.
- Book-running lead managers: Motilal Oswal Investment Advisors Limited and SBI Capital Markets Limited
- Registrar: KFin Technologies Limited
- Listing: The shares are proposed to be listed on the NSE and the BSE on November 20.?
Fujiyama Power Systems IPO Day 3: Subscription Details
[17-November-2025 19:00:00 hrs]
|
Investor Category |
Subscription (Times) |
|
Qualified Institutional Buyers (QIBs) |
5.15 |
|
Non-Institutional Investors |
0.88 |
|
Retail Individual Investors (RIIs) |
1.00 |
|
Employees |
1.47 |
|
Total |
2.14 |
Utilisation of IPO Proceeds
The net proceeds from the fresh will be used to?
- Partially finance the cost of establishing the manufacturing facility in Ratlam, Madhya Pradesh
- General corporate purposes
- Repay/prepay outstanding debt?
Fujiyama Power Systems Business Overview?
Fujiyama Power Systems manufactures solar panels, solar inverters (covering on-grid, hybrid, and off-grid models), and both lead-acid and lithium-ion batteries. They operate in the rooftop solar energy sector and specialise in the design, development, and production of advanced solar solutions across on-grid, off-grid, and hybrid segments.?
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