Fujiyama Power Systems IPO

The size of Fujiyama Power Systems IPO is ₹228.00 crores, with a fresh issue and OFS of up to 1,00,00,000 equity shares, face value of ₹1 each. It is a book-building offer with a price band of ₹216.00 per equity share and an upper end of the price band at ₹228.00 per equity share. The offer will be launched on 13 November 2025 and close three days later on 17 November 2025. The shares are proposed to list on BSE and NSE on 20 November 2025. The lot size of the Nureca IPO is 65 shares and the minimum order quantity is 1 lot, meaning investors have to place an order for at least 65 shares.

Company Background

Established in 2017 and based in Delhi, Fujiyama Power Systems Limited is a company of manufacturing and supplying rooftop solar power and on-grid, off-grid & hybrid solar systems with a wide range of UPS, inverters and Batteries. The company’s catalog comprises more than 522 SKUs and works to decrease customer reliance on other OEMs. The operative parts of this network include a strong distribution infrastructure with more than 725 distributors, 5,546 dealers and 1,100 exclusive “Shoppe” franchisees. More than 600 highly-trained service engineers operate a state-of-the-art service support tank within the company. Fujiyama supplies its produce to the USA, Bangladesh, UAE, as well.

Operations and Product Range

Facility and Production

Fujiyama Power Systems IPO has four manufacturing plants – Dadri (Uttar Pradesh), Bawal (Haryana), Parwanoo (Himachal Pradesh) & Greater Noida (Uttar Pradesh). All plants are certified under ISO 9001:2015 (Quality), ISO 14001:2015 (Environmental) and ISO 45001:2018 (Occupational health & safety). Its wide product portfolio consists of solar PCUs, on/off-grid and hybrid inverters, panels, PWM chargers, battery chargers, lithium-ion and tubular batteries, UPS systems, solar management units and charge controllers.

Brands and Market Presence

Fujiyama-branded products are known under its house brand “Fujiyama”. The company has a strong presence in key Indian markets, including growing states such as UP, Maharashtra, Gujarat and Delhi NCR and is aiming to increase its exports throughout Asia and the United States. Its concentration on diversified, advanced technological solar products forms the foundation of its competitiveness.

Fujiyama Power Systems IPO Revenue Channels

The company earns on the sale of solar inverters, panels, lithium-ion batteries and power backup systems, besides service and maintenance contracts.

Management and Shareholding

Promoters and Shareholding

The promoters of the Fujiyama Power Systems IPO are Mr. Arun Gupta and Ms. Priya Gupta, who have demonstrated a history in the electronics industry and the renewable energy sector. A significant pre-IPO ownership is behind them for ongoing leadership. They are the majority holder purpose of preserving the strategy and experienced management post-issue.

Board Members

The Fujiyama Power Systems IPO board is led by Arun Gupta as its Chairman and MD, along with professionals from the industry who are experienced in finance, manufacturing and corporate compliance. Their combined experience serves as the foundation of the company’s growth aspirations and governance principles.