BAJAJ BROKING

Notification close image
No new Notification messages
card image
Seshaasai Technologies Ltd IPO
Apply for the Seshaasai Technologies Ltd IPO through UPI in Just minutes
delete image
card image
Start your SIP with just ₹100
Choose from 4,000+ Mutual Funds on Bajaj Broking
delete image
card image
Open a Free Demat Account
Pay ZERO maintenance charges for the first year, get free stock picks daily, and more.
delete image
card image
Trade Now, Pay Later with up to 4x
Never miss a good trading opportunity due to low funds with our MTF feature.
delete image
card image
Track Market Movers Instantly
Stay updated with real-time data. Get insights at your fingertips.
delete image

How to Apply for the Fujiyama Power Systems IPO: Step-by-Step Investment Guide

 

Fujiyama Power Systems Limited, established in 2017, operates in the rooftop solar industry, manufacturing and supplying a wide range of renewable energy products. Its portfolio includes solar panels, inverters, batteries, and related energy management systems that cater to residential, commercial, and industrial segments. The company offers on-grid, off-grid, and hybrid solar solutions designed to address diverse energy requirements. With multiple ISO-certified manufacturing facilities across India, Fujiyama Power Systems has built a strong domestic presence supported by a large network of distributors, dealers, and franchise outlets. It also exports products to select international markets, enhancing its geographic reach. The company operates under the “UTL Solar” and “Fujiyama Solar” brands and focuses on continuous innovation, supported by its proprietary technologies. By offering a comprehensive range of solar products, it has positioned itself as a notable participant in India’s renewable energy ecosystem, catering to the rising demand for sustainable energy solutions.

Investors can apply for the Fujiyama Power Systems IPO through online and offline modes. To apply online, log in to your trading or banking application that supports IPO investments, select the IPO name, enter the desired quantity and price, and submit your bid using the UPI ID for payment confirmation. For offline applications, investors can fill out the ASBA form available through their bank, submit it along with the required details, and authorise the amount to be blocked in their account until allotment.

For more details, visit the Fujiyama Power Systems IPO page.

Fujiyama Power Systems IPO Details and Objectives

Details

Information

IPO Date

November 13, 2025 to November 17, 2025

Issue Size

3,63,15,789 shares

(aggregating up to ₹828.00 Cr)

Price Band

₹216 to ₹228 per share

Lot Size

65 shares

Listing At

BSE NSE

Purpose of the IPO

  • Part financing the cost of establishing the manufacturing facility in Ratlam, Madhya Pradesh, India

  • Repayment and/ or prepayment of all or a portion of certain outstanding borrowings availed by the Company

  • General Corporate Purposes

Timeline of Fujiyama Power Systems IPO

Event

Date

IPO Open Date

Thu, Nov 13, 2025

IPO Close Date

Mon, Nov 17, 2025

Tentative Allotment

Tue, Nov 18, 2025

Initiation of Refunds

Wed, Nov 19, 2025

Credit of Shares to Demat

Wed, Nov 19, 2025

Tentative Listing Date

Thu, Nov 20, 2025

Cut-off time for UPI mandate confirmation

5 PM on Mon, Nov 17, 2025

Pricing & Lot Size of Fujiyama Power Systems IPO

Price Band for the IPO

  •  ₹216 to ₹228 per share

Minimum Lot Size and Application Details

Application

Lots

Shares

Amount

Retail (Min)

1

65

₹14,820

Retail (Max)

13

845

₹1,92,660

S-HNI (Min)

14

910

₹2,07,480

S-HNI (Max)

67

4,355

₹9,92,940

B-HNI (Min)

68

4,420

₹10,07,760

Fujiyama Power Systems IPO Application Process

The Fujiyama Power Systems IPO application process can be completed online through your trading platform. Below is a step-by-step guide to applying for the IPO:

Step 1: Login to Your Trading Platform

Access your trading account using the broker's app or website.

Step 2: Navigate to the IPO Section

Go to the IPO section to view active IPO listings.

Step 3: Select the Open IPO and Click Apply

Locate Fujiyama Power Systems IPO in the list of available IPOs and click the ‘Apply’ button.

Step 4: Enter the Quantity of Shares You Wish to Apply For

Specify the number of shares (minimum lot size: 65 shares) within the price band of ₹216 to ₹228 per share.

Step 5: Provide Your UPI ID

Enter your UPI ID for payment authorization and ensure sufficient funds in your bank account.

Step 6: Confirm the Application

Review your application details and confirm the UPI mandate before 5 PM on the last application day.

Step 7: Complete the Process and Wait for Allotment

Submit the application and monitor the allotment status to check if shares have been allocated to you.

Financial Health and Performance

Key Financial Metrics

  • Total Assets: Grew from ₹514.56 crore in FY23 to ₹1,243.88 crore as of June 2025.

  • Total income: Reached ₹597.79 crore in FY25.

  • Profit After Tax (PAT): Stood at ₹67.59 crore for June 2025.

  • Net Worth: Recorded at ₹464.34 crore in FY25.

  • Reserves and Surplus: Recorded at ₹436.33 crore (June 2025), growing steadily over the years.

  • EBITDA: Stood at ₹105.89 crore in June 2025.

Recent Performance and Growth Prospects

  • The company has witnessed consistent expansion in its asset base over the past years, reflecting ongoing business growth and operational scaling.

  • Total income has shown steady progress, supported by increased sales and a diversified product portfolio.

  • Profit after tax has improved, indicating strengthened financial performance and better cost management practices.

  • The company’s net worth has seen gradual enhancement, underscoring stable capital structure and accumulated earnings.

  • Reserves and surplus have continued to rise, suggesting prudent financial management and reinvestment of profits into the business.

  • Earnings before interest, tax, depreciation, and amortisation reflect improved operational efficiency and better utilisation of production capacity.

  • Overall, the company’s financial indicators point towards consistent growth and a positive trajectory in its business operations.

Investment Risks and Opportunities

Potential Risks of Investing in the IPO

  • The company operates in a sector that is influenced by changes in government policies and regulatory frameworks related to renewable energy, which could affect business operations and growth plans.

  • Dependence on a limited number of manufacturing facilities and suppliers may pose operational challenges in case of production delays, supply chain disruptions, or raw material shortages.

Opportunities and Growth Potential

  • Increasing adoption of solar energy in residential, commercial, and industrial applications presents an expanding market for the company’s products and services.

  • Planned expansion, including the establishment of a new facility in Madhya Pradesh, may enhance manufacturing capacity and support long-term business scalability.

Key Performance Indicator (KPI)

KPI

Values

ROE

39.40%

ROCE

41.01%

Debt/Equity

0.87

RoNW

39.40%

PAT Margin

10.15%

EBITDA Margin

16.13%

Price to Book Value

16.09

Market Capitalization

₹6,986.17 Cr.

Fujiyama Power Systems IPO Registrar & Lead Managers

Registrar

Lead Manager(s)

MUFG Intime India Pvt.Ltd. 

Motilal Oswal Investment Advisors Ltd.

Company Address of Fujiyama Power Systems Ltd

Fujiyama Power Systems Ltd.

53A/6, Near NDPL Grid Office,

Near Metro Station

Sat Guru Ram Singh Marg

Delhi, New Delhi, 110015

Phone: +91 1141055305

Email: investor@utlsolarfujiyama.com

Website: https://www.utlsolarfujiyama.com/

Conclusion

The IPO of Fujiyama Power Systems Limited reflects the company’s efforts to strengthen its manufacturing base and support its operational requirements. Operating across multiple segments of the rooftop solar market, the company continues to focus on offering a broad range of solar energy products aimed at addressing diverse customer needs. Its expanding network of distributors and franchise outlets, along with exports to select international markets, adds to its business reach.

The proceeds from the IPO are proposed to be utilised towards funding the new manufacturing facility in Madhya Pradesh, repayment of certain borrowings, and general corporate purposes. These initiatives indicate the company’s ongoing efforts to enhance its production capabilities and maintain financial flexibility while continuing to operate within India’s growing renewable energy landscape.

Interested in more opportunities? Check out our Upcoming IPO section for new listings and don’t forget to check your Fujiyama Power Systems IPO allotment status.

Published Date : 12 Nov 2025

Frequently Asked Questions

No result found

search icon

Read More Blogs

Disclaimer :

The information on this website is provided on "AS IS" basis. Bajaj Broking (BFSL) does not warrant the accuracy of the information given herein, either expressly or impliedly, for any particular purpose and expressly disclaims any warranties of merchantability or suitability for any particular purpose. While BFSL strives to ensure accuracy, it does not guarantee the completeness, reliability, or timeliness of the information. Users are advised to independently verify details and stay updated with any changes. The securities are quoted as an example and not as a recommendation. Past performance is not necessarily a guide to future performance.

The information provided on this website is for general informational purposes only and is subject to change without prior notice. BFSL shall not be responsible for any consequences arising from reliance on the information provided herein and shall not be held responsible for all or any actions that may subsequently result in any loss, damage and or liability. Interest rates, fees, and charges etc., are revised from time to time, for the latest details please refer to our Pricing page.

Neither the information, nor any opinion contained in this website constitutes a solicitation or offer by BFSL or its affiliates to buy or sell any securities, futures, options or other financial instruments or provide any investment advice or service.

BFSL is acting as distributor for non-broking products/ services such as IPO, Mutual Fund, Insurance, PMS, and NPS. These are not Exchange Traded Products. For more details on risk factors, terms and conditions please read the sales brochure carefully before investing.

Investments in the securities market are subject to market risk, read all related documents carefully before investing. This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.

[ Read More ]

For more disclaimer, check here : https://www.bajajbroking.in/disclaimer

Our Secure Trading Platforms

Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading

Bajaj Broking App Download

11 lakh+ Users

icon-with-text

4.6 App Rating

icon-with-text

4 Languages

icon-with-text

₹6,800+ Cr MTF Book

icon-with-text
banner-icon

Open Your Free Demat Account

Enjoy low brokerage on delivery trades

+91

|

Please Enter Mobile Number

Open Your Free Demat Account

Enjoy low brokerage on delivery trades

+91

|