Fujiyama Power Systems IPO GMP, & Allotment Status

Fujiyama Power Systems Ltd IPO – An Overview and Company Insight

The Fujiyama Power Systems Ltd IPO GMP is drawing significant interest as a solar‐manufacturing and roof-top solar solutions company enters the public market. Fujiyama Power Systems, headquartered in Greater Noida, operates in on-grid, off-grid and hybrid solar systems, manufacturing products such as solar panels, inverters, batteries and accessories under brands like UTL Solar and Fujiyama Solar. The business has developed a broad product portfolio and distribution footprint, targeting the growing domestic and export solar demand.

This IPO is structured as both a fresh equity issue and an Offer for Sale (OFS) by existing shareholders. The fresh issue component will fund capacity expansions (including a proposed manufacturing facility in Ratlam, Madhya Pradesh), debt reduction, and general corporate purposes. Given strong sectoral tailwinds (India’s solar manufacturing push, rooftop solar growth) and the firm’s credible presence, the Fujiyama IPO is notable. With the Fujiyama Power Systems Ltd IPO GMP appearing in pre-listing discussions, market participants are watching closely.

Fujiyama Power Systems Ltd IPO – Grey Market Premium (GMP)

Early signals in the grey market suggest a moderate premium for Fujiyama Power Systems. While a definitive GMP number isn’t yet widely published, given the price band and IPO size, one might expect a listing gain of around 6-10% above the upper band, assuming healthy subscription and favourable sentiment.

Grey Market Premium – Snapshot 

Pricing Details and Lot Size – Fujiyama Power Systems Ltd IPO

• Price Band: ₹ 216 to ₹ 228 per equity share.

• Face Value: Re. 1 per share.

• Minimum Lot Size: 65 shares per lot (retail).

• Minimum Investment (Retail): At upper band 65 × ₹ 228 = ~ ₹ 14,820.

• Issue Composition: Fresh issue of ~ ₹ 600 crore + Offer for Sale (OFS) of ~ ₹ 228 crore.

• Allocation: Tentative – up to 50% to Qualified Institutional Buyers (QIBs), at least 35% to Retail, remainder to Non‐Institutional Investors (NIIs).

Pricing & Lot Size – Summary 

IPO Timelines at a Glance – Fujiyama Power Systems Ltd IPO

How To Check the Allotment Status of the Fujiyama Power Systems Ltd IPO

Once the allotment is finalised (expected around 18 Nov 2025):

• Registrar’s Website: Visit the MUFG Intime Website, select Fujiyama Power Systems Ltd., enter your PAN or application number or Demat ID.

• NSE/BSE Website: Navigate to Corporate Actions → IPO Allotment Status → choose the issue name → enter your credentials to view allotment.
  Keep your PAN, application number and demat account details ready for ease of checking.

Book-running Lead Managers and Registrar – Fujiyama Power Systems Ltd IPO

• Book-running Lead Managers (BRLMs): Motilal Oswal Investment Advisors Ltd., SBI Capital Markets Ltd.

• Registrar: MUFG Intime India Pvt. Ltd.

Offer for Sale and IPO Size Breakdown – Fujiyama Power Systems Ltd IPO

• Total Issue Size: ~ ₹ 828 crore (approx).

• Fresh Issue Component: ~ ₹ 600 crore.

• Offer for Sale (OFS): ~ ₹ 228 crore by existing shareholders/promoters.
  The OFS portion allows selling shareholders to monetise; the fresh issue proceeds flow into the company for expansion and debt reduction.

Utilisation of Fresh Issuance and Technological Advancements – Fujiyama Power Systems Ltd IPO

Use of Fresh Proceeds:

• About ₹ 180 crore is earmarked for establishing manufacturing facilities for solar panels, inverters and lithium-ion batteries in Ratlam, Madhya Pradesh.

• Approximately ₹ 275 crore is proposed for repayment or pre-payment of borrowings.

• The remainder will be directed toward general corporate purposes.

Technological / Operational Focus:

• The company offers a wide product gamut (over 522 SKUs) including solar modules, inverters and batteries, catering to rooftop solar market.

• It has built a distribution network of more than 725 distributors, 5,500+ dealers and 1,100+ franchise “Shoppe” outlets, plus 600+ service engineers.

• As solar manufacturing becomes strategic in India (import substitution, PLI schemes etc.), Fujiyama’s domestic production focus is a plus.

IPO Financial Information

In the fiscal year ended March 2025, Fujiyama Power Systems posted revenue of approximately ₹ 1,540.67 crore, up from ~₹ 924.7 crore in FY24 — a jump of ~66.6%. Profit after tax stood at ~ ₹ 156.33 crore, up from ~₹ 45.3 crore the previous year — showing strong growth. These metrics reflect high growth momentum in the solar solutions business, supporting the growth narrative.

Finance Summary

Conclusion

The Fujiyama Power Systems Ltd IPO offers investors a solid entry into India’s expanding solar manufacturing and rooftop-solar ecosystem. With strong growth, manufacturing focus and positive Fujiyama Power Systems Ltd IPO GMP trends, the listing has upside. That said, risks such as raw material imports, manufacturing ramp-up, competition, and the sizeable expansion-capital requirement should be factored in. If you are looking for a medium‐term growth theme in renewables, this IPO could merit serious consideration.

Investing in IPOs Made Simple

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Disclaimer

This article is for informational purposes only and does not constitute investment advice or a recommendation to subscribe to the Fujiyama Power Systems Ltd IPO. Investors should carefully read the Red Herring Prospectus (RHP), assess all risk factors, compare valuations with peer companies, and consult a qualified financial advisor before making investment decisions. The figures for Fujiyama Power Systems Ltd IPO GMP are indicative and subject to change. TradeSmart and its associates are not liable for any financial loss resulting from decisions made based on this content.