Mumbai, Nov. 18 -- Fujiyama Power Systems received bids for 5,63,26,595 shares as against 2,63,47,221 shares on offer. The issue was subscribed 2.14 times.

The Qualified Institutional Buyers (QIB) category was subscribed 5.15 times, the Retail Individual Investors category was subscribed 1 time, and the Non-Institutional Investors category was subscribed 0.88 times.

The issue opened for bidding on 13 November 2025, and it will close on 17 November 2025. The price band of the IPO is fixed between Rs 216 and 228 per share.

The issue comprised both a fresh issue of equity shares of Rs 1 face value, aggregating Rs 600 crore, and an offer for sale of 1,00,00,000 equity shares by promoters (50,00,000 equity shares each by Pawan K Garg & Yoge...