Archive · 17 Nov 2025
Fujiyama Power Systems IPO Fully Subscribed on Final Day
Fujiyama Power Systems, a company that makes solar power products like panels and inverters, is selling shares to the public for the first time, which is called an IPO.
On the last day of selling these shares, all of them were sold, meaning the IPO was fully subscribed.
Big investors, called Qualified Institutional Buyers, bought a lot of shares.
The company plans to use the money from selling shares to build a new factory, pay off some loans, and for other business needs.
They also raised money from special investors before the main sale.
The shares are expected to start trading on the stock market around November 20, 2025.
Fujiyama Power Systems' ₹828-crore IPO was fully subscribed on its final bidding day.
Demand was largely driven by Qualified Institutional Buyers, who subscribed 4.03 times their reserved portion.
The IPO includes a fresh issue of ₹600 crore and an offer for sale of ₹228 crore.
The price band for the IPO shares is ₹216 to ₹228.
Proceeds will fund a new manufacturing facility, debt reduction, and general corporate purposes.
- Who
- Fujiyama Power Systems Ltd
- What
- Initial Public Offering (IPO)
- When
- IPO fully subscribed on its final bidding day (November 17, 2025)
- Where
- Greater Noida (company base), India (IPO market)
- Why
- To fund a new manufacturing facility, reduce existing debt, and for general corporate purposes
Company Perspective
Investor Perspective
IPO Subscription Status
Company Perspective
Fujiyama Power Systems is undertaking an IPO to fund a new manufacturing facility, reduce debt, and for general corporate purposes, offering a mix of fresh issue and offer for sale.
Investor Perspective
The IPO received full subscription, with significant demand from Qualified Institutional Buyers, indicating investor confidence in the company's growth prospects and business model.
- IPO Size
- ₹828 crore (₹600 crore fresh issue + ₹228 crore offer for sale)
- Subscription Status (Day 3, 2 PM)
- 1.49 times
- Qualified Institutional Buyers Subscription
- 4.03 times
- Retail Investor Subscription
- 0.58 times
- Non-Institutional Investors Subscription
- 0.31 times
- Employee Quota Subscription
- 1.18 times
- IPO Price Band
- ₹216–₹228 per share
- Anchor Investment
- ₹247 crore
- New Facility Location
- Ratlam, Madhya Pradesh
- Likely Listing Date
- November 20, 2025
Sources
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