Fujiyama Power IPO Opens Today: Will This Solar Star Shine On Dalal Street? Here Are The Key Details

Fujiyama Power IPO: Key Details

Category	Details
Price Band	₹216 – ₹228 per share
Lot Size	65 shares
Total Issue Size	₹828 crore
Breakdown of Issue	₹600 crore fresh issue (2.63 crore shares) + ₹228 crore OFS (1 crore shares)
Pre-IPO Placement	Small stake sold to ValueQuest Investment Advisors
Use of IPO Proceeds	• ₹180 crore to set up a manufacturing facility in Ratlam, Madhya Pradesh • ₹275 crore to repay/prepay borrowings • Balance for general corporate purposes
Subscription Status (as of Day 1, 10:30 AM)	Overall: 2% subscribed Retail: 4% booked NII: 1% booked QIB: Yet to bid

Fujiyama Power IPO: Anchor Investors Back the Issue

Fujiyama Power raised ₹246.9 crore from 15 anchor investors on November 12.
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1.08 crore shares were allotted at ₹228 per share.
Major participants included:
- Nippon India Mutual Fund
- Tata Mutual Fund
- BNP Paribas
- Societe Generale
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- ValueQuest Investment Advisors
- LC Pharos Multi Strategy Fund
- Astorne Capital
- Citigroup Global Markets Mauritius

Fujiyama Power IPO: Key Managers and Outlook

Motilal Oswal Investment Advisors and SBI Capital Markets are the book-running lead managers.
MUFG Intime India acts as the registrar to the issue.
With strong financial performance but a cautious early response, the IPO could gain more traction as investor sentiment improves in the coming days.

(With Inputs)

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Aishwarya Samant

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Fujiyama Power IPO Opens Today: Will This Solar Star Shine On Dalal Street? Here Are The Key Details

Fujiyama Power IPO: Fujiyama Power Systems’ ₹828 crore IPO opens for subscription, blending fresh equity and OFS. Backed by big-name anchors, the solar firm’s market debut could power up India’s clean-energy investment buzz.

Fujiyama Power IPO Opens For Subscription: Will This Solar Star Shine Bright?

Fujiyama Power IPO: Key Details

Fujiyama Power IPO: Anchor Investors Back the Issue

Fujiyama Power IPO: Key Managers and Outlook

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