Fujiyama Power Systems Limited
Minimum investment
Bidding date
13 Nov - 17 Nov 2025
Price range
₹216 - ₹228
Minimum quantity
65
Minimum investment
₹14,040
Issue size
₹828 Cr.
IPO doc (link)
RHP docsListing exchange
NSE/BSE
Category | Subscription |
|---|---|
Qualified Institutional Buyers | 0.81x |
Retail Individual Investor | 0.22x |
Non-Institutional Investor | 0.06x |
Others | - |
Total | 0.22x |
Founded in 2017, Fujiyama Power Systems Ltd is a leading manufacturer and solutions provider in the rooftop solar energy industry, specializing in on-grid, off-grid, and hybrid solar systems. The company offers over 522 SKUs that include solar inverters, panels, batteries, and energy storage products designed to reduce dependency on third-party OEMs.
Fujiyama has built a strong nationwide presence with over 725 distributors, 5,546 dealers, and 1,100 exclusive “Shoppe” franchisees trained to deliver tailored solar solutions. Its dedicated team of 602+ service engineers ensures reliable after-sales support and maintenance.
The company operates four advanced manufacturing facilities located in Greater Noida (UP), Parwanoo (HP), Bawal (Haryana), and Dadri (UP). Fujiyama’s systems are ISO-certified across Quality (9001:2015), Environment (14001:2015), and Occupational Safety (45001:2018) standards.
In addition to catering to the domestic market, the company also exports its products to the USA, Bangladesh, UAE, and other Asian countries, strengthening its position as a trusted global solar brand.
Advanced Manufacturing Infrastructure: Fujiyama operates large-scale, precision-driven manufacturing units equipped with modern technology that ensures consistent product quality and high production efficiency.
Strong Market Presence: The company holds a solid presence across both domestic and export markets, supported by an extensive distribution network and growing international footprint.
Continuous Product Innovation: With over 522 diverse SKUs, Fujiyama consistently focuses on technological upgrades and innovation to meet evolving energy demands and maintain a competitive edge.
Certified and Efficient Operations: The company’s manufacturing systems are ISO-certified, ensuring compliance with international quality, environmental, and safety standards while maintaining operational excellence.
Robust Financial Performance: Steady revenue growth and increasing profitability highlight Fujiyama’s scalable business model and strong financial foundation, enhancing investor confidence.
High Industry Competition: The solar energy market is rapidly evolving and highly competitive, with constant technological advancements posing challenges to market leadership.
Dependence on Raw Material Prices: Fluctuations in the prices of key raw materials can directly impact production costs and profit margins.
Regulatory and Policy Risks: Changes in government policies, import duties, or renewable energy incentives could influence the company’s operational performance and project feasibility.
Market and Distribution Dependence: A significant portion of Fujiyama’s business relies on domestic market demand and distributor efficiency, which may expose it to short-term sales risks.
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