Fujiyama Power’s IPO Price Band At Rs216-228


Fujiyama Power Systems’ Initial Public Offering to open on Thursday, 13 November 2025. The IPO is a fresh issue for Rs 6,000.00 million and an offer-for-sale for up to 10, 000, 000 Equity Shares.


(L–R) Mr. Yogesh Dua, Chief Executive Officer, Mr. Pawan Kumar Garg, Chairman and Joint Managing Director and Mr. Prashant Gupta, Chief Financial Officer, at the IPO press conference of Fujiyama Power Systems Limited (UTL Solar) addressing the media for their IPO announcement in Mumbai.

FinTech BizNews Service

Mumbai, November 10, 2025: The Initial Public Offering (“IPO” or “Issue”) of the Fujiyama Power Systems will open on Thursday, November 13, 2025, for subscription and close on Monday, November 17, 2025. The Company has fixed the price band of Rs216/- to Rs 228/- per Equity Share of face value Rs 1/- each for its maiden initial public offer.

Investors can bid for a minimum of 65 Equity Shares and in multiples of 65 Equity Shares thereafter.

Equity shares outstanding as on date 280,095,145 Equity Shares.

The IPO is a fresh issue for Rs 6,000.00 million and an offer-for-sale for up to 10, 000, 000 Equity Shares.

The net proceeds of the Fresh Issue to the extent of Rs 1,800.00 million will be for part-financing the cost of establishing manufacturing facility in Ratlam, Madhya Pradesh, Rs 2,750.00 million for repayment and/or prepayment of all or a portion of certain outstanding borrowings availed by the company, and rest will be utilized as general corporate purposes.

The company’s revenue from operations was Rs 5,973.49 million, and its net profit was Rs 675.87 million in the three months period ended June 30, 2025.

Its revenue from operations was Rs 15,406.77 million during FY25 vis-à-vis Rs 6640.83 million during FY23.  

Its net profit was Rs 1,563.35 million during FY25 vis-à-vis Rs 243.66 million during FY23.

Motilal Oswal Investment Advisors Limited and SBI Capital Markets Limited are the book-running lead managers (“BRLMs”); and MUFG Intime India Private Limited (Formerly Link Intime India Private Limited) is the registrar to the offer.

 

 

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