Fujiyama Power Systems IPO: Complete Details for Investors
The much-anticipated initial public offering (IPO) of Fujiyama Power Systems has officially announced its price band and key dates, marking a significant milestone for the company and potential investors. The power systems manufacturer has set its price band at ₹216 to ₹228 per equity share, with the public subscription scheduled to open in mid-November 2025.
IPO Timeline and Key Dates
Investors should mark their calendars for the following crucial dates in the Fujiyama Power Systems IPO process. The subscription window will open on Thursday, November 13, 2025 and conclude on Monday, November 17, 2025. Prior to the public opening, the allocation to anchor investors is scheduled for Wednesday, November 12, 2025.
The company will finalize the basis of allotment on Tuesday, November 18, 2025, followed by refund initiation on Wednesday, November 19, 2025. Successful applicants will see shares credited to their demat accounts on the same day as refund processing. The official listing on both BSE and NSE is set for Thursday, November 20, 2025.
Investment Structure and Reservation Policy
The IPO features a well-defined allocation strategy that balances institutional and retail participation. The company has reserved not more than 50% of shares for qualified institutional buyers (QIB), ensuring significant institutional participation. For non-institutional investors, not less than 15% has been allocated, while retail investors get a substantial 35% reservation.
Additionally, the company has shown commitment to its workforce by reserving equity shares aggregating up to ₹50 million for employees. The lot size for the IPO has been set at 65 equity shares, with investors required to apply in multiples of 65 shares thereafter.
Understanding the Price Band and Share Structure
The price band of ₹216 to ₹228 per share represents significant premium to the face value of Re 1 per equity share. The floor price of ₹216 translates to 216 times the face value, while the cap price of ₹228 represents 228 times the face value of the equity shares.
This pricing strategy reflects the company's growth prospects and market positioning within the power systems sector. Investors should carefully evaluate the company's fundamentals, industry position, and future growth potential before participating in the public offering.
The dual listing on both major Indian stock exchanges - BSE and NSE - ensures wider accessibility and liquidity for investors post-listing. Market analysts will be closely watching the subscription numbers and investor response to gauge market sentiment toward the company's public debut.
