FUJIYAMA POWER SYSTEMS LIMITED

13 Nov 2025 - 17 Nov 2025 Individual Category Main Board BSE NSE

Min Investment

₹14820

Price Band

₹216-₹228

Issue Size

377.78 lakhs
Equity Shares

Lot Size

65 (per lot)

IPO Dates
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13 Nov 2025

Open Date

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17 Nov 2025

Close Date

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TBI

Allotment Date

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TBI

Listing Date

About Fujiyama Power Systems Limited

Our Company is a manufacturer of products and solution provider in the roof-top solar industry, including on-grid,off-grid and hybrid solar systems. Our Company strives to excel in solar panel manufacturing, solar invertermanufacturing (covering on-grid, hybrid, and off-grid solutions), and both lead acid and lithium-ion batteryproduction. (Source: CARE Report) Additionally, we support robust R&D capabilities in inverter technology andprovide a wide variety of solar SKUs, distinguishing our Company as a well-rounded leader in the industry. (Source:CARE Report) We have built a brand recall and reputation in the industry through our brands 'UTL Solar', which hasa legacy of 28 years, and 'Fujiyama Solar'. We have developed three manufacturing facilities and R&D capabilitiesdomestically, and with a consistent focus on technological development and product innovation, we have a trackrecord of being one of the few companies in India to develop Online UPS with single card, Combo UPS along withautomatic voltage regulation (“AVR”), high frequency online UPS and single card surface mount technology(“SMT”) inverter in India. Our Company began manufacturing solar power conditioning units (“PCU”) in 2012whereas online solar PCUs in 2014. (Source: CARE Report) We are the first Indian company to develop an SMTbased inverter with single card in the year 2000. (Source: CARE Report) We have designed and developed an extensiveproduct portfolio of more than 500 SKUs which includes a full range of solar inverters, solar panels and batteries,with a goal of limiting the need of our customers to look to other OEMs. As on September 30, 2024, our Companyhas the widest variety of SKUs amongst our competitors. (Source: CARE Report) We service our customers throughan extensive pan-India distribution network of more than 480 distributors, 3,600 dealers and 1,000 exclusive “Shoppe”franchisees, who are trained by us in understanding the customer’s need and in planning, evaluating and supplyingcustomized solar systems and solutions. We also have a dedicated team of more than 400 qualified service engineersproviding maintenance service and technical support to our customers.

IPO Objectives

1. Financing the cost of establishing the manufacturing facility in Ratlam, Madhya Pradesh, India (the“Project”);2. Repayment and/ or prepayment of all or a portion of certain outstanding borrowings availed by ourCompany; and3. General corporate purposes

Company Promoters

Pawan Kumar Garg

Sunil Kumar

Yogesh Dua

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