Fujiyama Power Systems
Listed
Listed
IPO Timeline
Issue open date
13 Nov 2025Issue close date
17 Nov 2025UPI mandate deadline
17 Nov 2025Allotment finalization
18 Nov 2025Refund initiation
19 Nov 2025Share credit
19 Nov 2025Listing date
20 Nov 2025Mandate end date
2 Dec 2025Lock-in end date for anchor investors (50%)
18 Dec 2025Lock-in end date for anchor investors (remaining)
16 Feb 2026Grey Market Premium Trend
₹0.5
Current GMP
₹229
Est. Listing Price
0.2%
Est. Listing Gain
₹216 - ₹228
Price Band
GMP History
| Date | GMP (₹) | Est. Listing Price (₹) | Est. Listing Gain |
|---|---|---|---|
| 19 Nov | ₹1 | ₹229 | 0.22% |
| 18 Nov | ₹1 | ₹229 | 0.22% |
| 17 Nov | ₹3 | ₹231 | 1.32% |
| 16 Nov | ₹2 | ₹230 | 0.66% |
| 15 Nov | ₹0 | ₹228 | 0.00% |
| 14 Nov | ₹0 | ₹228 | 0.00% |
| 13 Nov | ₹0 | ₹228 | 0.00% |
| 12 Nov | ₹0 | ₹228 | 0.00% |
| 11 Nov | ₹0 | ₹228 | 0.00% |
| 10 Nov | ₹0 | ₹228 | 0.00% |
| 9 Nov | ₹0 | ₹228 | 0.00% |
| 8 Nov | ₹0 | ₹228 | 0.00% |
| 7 Nov | ₹0 | ₹228 | 0.00% |
| 6 Nov | ₹0 | ₹228 | 0.00% |
Key Dates
Open
13 Nov 2025Close
17 Nov 2025Listing
20 Nov 2025Quick Stats
Issue Size:828cr
Lot Size:65 shares
About the Company
Fujiyama Power Systems Limited is a leading manufacturer of rooftop solar systems and power backup solutions, offering solar panels, inverters, batteries, and EV chargers. Headquartered in the Delhi NCR region, the company serves residential, commercial, and industrial customers through a robust network across India. It operates advanced manufacturing facilities in Greater Noida, Parwanoo, and Bawal, with expansion underway in Dadri and Ratlam.
Strengths
- Diversified solar product portfolio across inverters, panels, and batteries.
- One-stop solar solutions provider with over 522 SKUs.
- Strong pan-India distribution with 670+ distributors and 5,100+ dealers.
- Robust R&D and technological innovation in inverter and UPS design.
- Consistent financial growth with expanding margins and high ROE.
Risks
- Heavy dependence on manufacturing units concentrated in North India.
- Significant raw material imports from China expose supply chain risk.
- Any operational disruption may affect production and revenues.
- Product price volatility could impact margins and cash flow.
- Highly competitive solar market with pressure on pricing and innovation.
Fujiyama Power Systems IPO – Frequently Asked Questions
- The price band for the Fujiyama Power Systems IPO is set at ₹216 to ₹228 per share.
- The Fujiyama Power Systems IPO opens on November 13, 2025 and closes on November 17, 2025.
- The tentative listing date for the Fujiyama Power Systems IPO is November 20, 2025.
- You can apply for the Fujiyama Power Systems IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Fujiyama Power Systems, enter lot quantity and UPI ID, then approve the mandate.
- The lot size for the Fujiyama Power Systems IPO is 65 shares. Investors must apply for at least one lot (i.e., 65 shares).