Mumbai, Nov. 14 -- Fujiyama Power Systems received bids for 1,04,25,935 shares as against 2,63,47,221 shares on offer, according to stock exchange data at 17:00 IST on Friday (14 November 2025). The issue was subscribed 0.40 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 comprises both fresh issue of equity shares of Rs 1 face value, aggregating Rs 600 crore, and offer for sale of 1,00,00,000 equity shares by promoters (50,00,000 equity shares each by Pawan K Garg & Yogesh Dua).

Of the net proceeds from the fresh issue, the company intend to spend Rs 180 crore towards part financing the cost of establishing the...