Fujiyama Power Systems IPO opens for subscription from November 13, 2025, to November 17, 2025, with shares expected to list on BSE and NSE on November 20, 2025. The IPO price band is set at ₹216 to ₹228 per share, with a lot size of 65 shares. The Fujiyama Power Systems IPO aims to expand manufacturing, repay debt, and strengthen its market position. With a robust financial profile, technological innovation, and expanding customer base, Fujiyama Power Systems stands out as a promising investment opportunity in India’s renewable energy sector.
₹3
₹228
₹220.00
Expert Opinions
Market sentiment for Fujiyama Power Systems IPO is optimistic, supported by strong financial growth and leadership in rooftop solar solutions. The company’s strengths include diverse manufacturing capabilities across four facilities, in-house R&D, and a robust client base. Fujiyama posted a 66.6% revenue increase to ₹1,550.09 crore and a 245.2% jump in net profit to ₹156.34 crore in FY 2025, reflecting operational efficiency.
Valuation analysis of the Fujiyama Power Systems IPO for 2025 highlights a Return on Equity (ROE) of 39.40%, Return on Capital Employed (ROCE) of 41.01%, and a Net Asset Value (NAV) of ₹14.17, demonstrating solid profitability and asset use. The IPO presents a strong long-term investment opportunity owing to India’s accelerating solar rooftop adoption and renewable energy growth, suitable for investors seeking exposure to expanding clean energy infrastructure.
Investor Considerations
Fujiyama Power Systems IPO investors can expect a company with strong financial fundamentals, posting revenue growth of 67% to ₹1,540 crore and net profit surge of 245% to ₹156 crore in FY 2025. The sector outlook is favorable, driven by rising demand for rooftop solar solutions and supportive government policies. Valuation analysis for Fujiyama Power Systems IPO in 2025 reveals a Price to Book Value of 16.09, PAT margin of 10.15%, and a Debt/Equity ratio of 0.87, indicating robust profitability and moderate leverage.
Growth prospects are supported by expansion plans and a diversified product portfolio. Risks include raw material price volatility, import dependency, and regional concentration of manufacturing. The IPO is suitable for long-term investors seeking exposure to India’s renewable energy sector, while short-term investors should monitor sector cyclicality and execution risks.
| Date | GMP | Trend |
|---|---|---|
| 19 Nov 2025 19.38 | ₹3 | Up |
| 18 Nov 2025 19.13 | ₹00 | --- |
| 15 Nov 2025 18.54 | ₹00 | --- |
| 14 Nov 2025 19.13 | ₹00 | --- |
| 13 Nov 2025 11.01 | ₹00 | --- |
| 12 Nov 2025 19.43 | ₹00 | --- |
| 10 Nov 2025 20.16 | ₹00 | --- |
| 09 Nov 2025 16.19 | ₹00 | --- |
FAQs
The Grey Market Premium showed poor accuracy in predicting Fujiyama Power Systems IPO’s listing performance. With a final GMP of ₹3, it projected a modest premium of about 1.3% over the issue price of ₹228, but the stock listed lower at ₹220 in the pre-open market, delivering a loss of around 3.5%. This resulted in a prediction error of roughly 4.8%, meaning the GMP incorrectly signaled a positive listing and ultimately overestimated the actual performance, reflecting weak reliability in this case.
Fujiyama Power Systems IPO Current GMP is ₹3.
Fujiyama Power Systems IPO Expected Returns is 1.32%.
Fujiyama Power Systems IPO estimated listing price is ₹231.