The issue will be managed by Motilal Oswal Investment Advisors, with MUFG Intime India acting as registrar. The offer is a book-built issue of 3.63 crore shares. Also read | 5 Wall Street Moguls Who Dismissed Bitcoin as a Fad – Guess What They’re Saying Now!
Retail investors can bid for a minimum of 65 shares, which translates into an application size of Rs 14,820 in the higher price band. The maximum investment allowed for private applicants is 13 lots or 845 shares.
As per the statutory allocation, up to 50% of the net issuance will be reserved for qualified institutional buyers (QIBs), not less than 15% for non-institutional investors and a minimum of 35% for retail investors.
About the company
Fujiyama Power Systems manufactures and supplies products for the rooftop solar ecosystem, including on-grid, off-grid and hybrid systems. The product range includes solar inverters, panels, lithium-ion and tube batteries and other energy management units.
The company has a strong distribution base of over 725 distributors, 5,500 dealers and 1,100 franchise locations under the “Shoppe” network, supported by over 600 service technicians.
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Financially, Fujiyama has shown strong growth. Revenue rose 67% to Rs 1,550 crore in FY25, compared to Rs 927 crore in FY24, while profit after tax rose 245% to Rs 156 crore, compared to Rs 45 crore a year earlier.
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