Fujiyama Power Systems IPO Subscribed over 2.21x on Day 3

Fujiyama Power Systems IPO Subscription Status  

Fujiyama Power Systems IPO subscribed over 2.21x on its last day till 5.00 PM on November 17, 2025. 

• Fujiyama Power Systems IPO subscription QIB investors’ portion is 5.24 times, while NII subscribed 0.92 times, and RII investors subscribed 1.05 times.  
• The company has received bids for 5,63,94,130 shares against 2,54,86,842 shares on offer on the last day of subscription.   
• Fujiyama Power Systems IPO subscribed over 2.21x on its day 3. 
• Fujiyama Power Systems IPO subscribed over 0.41x  on its day 2. 
• Fujiyama Power Systems IPO subscribed over 0.09x on its day 1.   

About Fujiyama Power Systems Company 

Fujiyama Power Systems Limited, incorporated in 2017, is one of the leading manufacturers and solution providers in the roof-top solar business. The company makes solar inverters for on-grid, off-grid, and hybrid solar systems. Their brands, UTL Solar (which has been around for 29 years) and Fujiiyama Solar, have earned them a good name in the solar power industry. Moreover, the company also exports its products to various countries, including the USA and several Asian countries, including Bangladesh and the UAE. 

Single-card Online UPS, Combo UPS with automatic voltage regulation (AVR), High-frequency online UPS and single-card SMT inverters, fujiyama is one of the few companies in India to develop advanced products like this. The company has a large distribution network that includes over 725 distributors, 5,546 dealers, and 1,100 exclusive partners. It consists of over 602+ qualified service engineers, especially trained to provide customized solar systems as per the customer’s needs.

Fujiyama Power Systems IPO GMP: 

Fujiyama Power Systems IPO GMP was ₹0 as of Monday, 17th November 2025. That indicates the IPO is trading at ₹228 with a ₹0 premium in the grey market against the issue price of ₹228.