Fujiyama Power Systems Ltd IPO

LISTED
MAINBOARD

BSE • Lot Size: 65 • Capital Goods - Electrical Equipment

Issue228
Listed220-4%
Now214-6.1%
6.1%

*Last updated on 11 Jan 2026

Price Band

₹216 - ₹228

Lot Size

65

Issue Size

₹828 Cr

GMP

N/A

Subscription

2.21x

Analyzing...

IPO Schedule

1

Open

13 Nov 2025

2

Close

17 Nov 2025

3

Allotment

18 Nov 2025

4

Listing

20 Nov 2025

About Fujiyama Power Systems Ltd

Fujiyama Power Systems Ltd. is a leading provider of power solutions, specializing in the manufacturing and distribution of power generation equipment and related services. They cater to a diverse range of industries, ensuring reliable power supply for critical operations.

Key Strengths

  • Strong financial performance with high ROE of 39.40% demonstrating efficient capital utilization.
  • Established market position with a reputable brand in the power solutions sector.
  • Diverse product portfolio catering to various power needs across different industries.
  • Experienced management team with a proven track record of driving growth and profitability.
  • Robust distribution network ensuring widespread market reach and efficient service delivery.

Risk Factors

  • High P/E ratio of 40.85 suggests potential overvaluation compared to industry peers, raising concerns about future earnings growth expectations.
  • Dependence on specific industries or clients could expose the company to cyclical downturns or loss of major contracts.
  • Fluctuations in raw material prices and currency exchange rates may impact profitability and competitiveness.

Valuation Analysis

The IPO appears to be priced at a premium given the P/E ratio, requiring investors to carefully assess the company's growth prospects and justify the valuation. While the high ROE is attractive, the sustainability of these returns needs further scrutiny.

IPO Details

ExchangeBSE
SegmentMAINBOARD
ISININE12UR01024
NSE SymbolUTLSOLAR
Face Value1
Lot Size65
Issue Size₹828 Cr

Key Metrics

ROE39.40%
ROCE41.01%
P/E Ratio40.85
Industry P/E20
EPS5.58
PAT Margin10.15%
Debt/Equity0.87

Growth & Quality

ProfitableYes ✓

Subscription

Total0.09x
Imbalance Ratio6.5x

Documents

Registrar

LINK

Key Dates

Open Date13 Nov 2025
Close Date17 Nov 2025
Allotment18 Nov 2025
Listing20 Nov 2025