Fujiyama Power Systems Limited (UTL Solar) is a leading manufacturer of solar inverters, solar panels, lead-acid and lithium-ion batteries, UPS systems and e-rickshaw chargers. The company earns revenue mainly through sale of solar products across the B2C and B2B channels, supported by 6,874 channel partners . Its products are used in residential, commercial and industrial applications, providing energy storage, power backup and solar generation solutions.

Fujiyama Power Systems,an Book Built Issue, amounting to ₹828.00 Crore, The issue is a combination of fresh issue of 2.63 crore shares aggregating to ₹600.00 crores and offer for sale of 1.00 crore shares aggregating to ₹228.00 crores.The subscription period for the Fujiyama Power Systems IPO opens on November 13, 2025, and closes on November 17, 2025. The allotment is expected to be finalized on or about Tuesday, November 18, 2025, and the shares will be listed on the BSE & NSE with a tentative listing date set on or about Thursday, November 20 2025.

The Share Price Band of Fujiyama Power Systems IPO is set at ₹216 to ₹228 per equity share. The Market Capitalisation of the Fujiyama Power Systems at IPO price of ₹228 per equity share will be  ₹6986.17 Crores. The lot size of the IPO is 65 shares. Retail investors are required to invest a minimum of  ₹ 14,820 ( 65 shares), while the minimum investment for High-Net-Worth Individuals (HNIs) is 14 lots ( 910 shares), amounting to ₹207,480

Motilal Oswal Investment Advisors Limited and SBI Capital Markets Limited are the book running lead manager of the Fujiyama Power Systems while MUFG Intime India Pvt.Ltd. is the registrar for the issue.

Fujiyama Power Systems Limited IPO GMP Today
The Grey Market Premium of Fujiyama Power Systems IPO is expected to be ₹ 0 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Fujiyama Power Systems Limited IPO Live Subscription Status Today: Real-Time Update 

As of 06:30 PM on 17 November, 2025, the Fujiyama Power Systems IPO live subscription status shows that the IPO subscribed 1.03 times on its Final Day of subscription period. Check the Fujiyama Power Systems IPO Live Subscription Status Today at BSE & NSE

Fujiyama Power Systems Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online
Fujiyama Power Systems IPO allotment date is 18 November, 2025, Tuesday. Fujiyama Power Systems IPO Allotment will be out on 18 November, 2025, Tuesday. and will be live on Registrar Website from the allotment date.
Check MUFG Intime India Pvt.Ltd. IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Fujiyama Power Systems IPO from the dropdown list of IPOs
- Enter your application number, PAN, or DP Client ID
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Fujiyama Power Systems Limited IPO
Fujiyama Power Systems to utilise the Net Proceeds towards the following objects:
1. ₹1,800.00 Million is required for Part financing the cost of establishing the manufacturing facility in Ratlam, Madhya Pradesh, India.
2.  ₹2,750.00 Million is required for Repayment and/or prepayment of all or a portion of certain outstanding borrowings availed by our Company
3. General corporate purposes

Refer to Fujiyama Power Systems Limited RHP for more details about the Company.