New Delhi, Nov. 14 -- The initial public offering (IPO) of rooftop solar products manufacturer Fujiyama Power Systems Ltd has entered its second day of bidding process. Fujiyama Power Systems IPO has been witnessing a muted demand from investors.

The public issue opened for subscription on November 13, and will close on November 17. Fujiyama Power Systems IPO allotment date is likely November 18, and the IPO listing date is November 20. Fujiyama Power Systems shares will be listed on BSE and NSE.

The company aims to raise Rs.828.00 crore from the book-building issue which is a mix of fresh issue of 2.63 crore equity shares worth Rs.600 crore, and an offer-for-sale (OFS) component of 1 crore shares amounting to Rs.228 crore. Fujiyama Pow...