Fujiyama Power Systems

Fujiyama Power Systems Limited IPO Details

Fujiyama Power Systems Limited, a well-known name in the electric mobility and power solutions sector, is set to launch its Initial Public Offering (IPO) soon. The company specializes in the design, manufacturing, and distribution of electric vehicles (EVs), lithium-ion batteries, inverters, and power backup systems across India.

With a strong focus on sustainable energy and eco-friendly transportation, Fujiyama Power Systems has become one of the fastest-growing Indian brands in the EV and power electronics industry. The IPO aims to fund expansion projects, enhance manufacturing capacity, and invest in R&D for next-generation energy technologies.

IPO Bidding Information

The IPO dates, price band, and lot size will be announced closer to the issue opening. The offering is expected to include both a fresh issue of equity shares and an offer for sale (OFS) by existing shareholders.

The proceeds from the IPO will be utilized for capacity expansion, working capital needs, product innovation, and brand strengthening. The company plans to list its shares on the BSE SME platform.

Key Highlights

• Fujiyama Power Systems operates in the clean energy and electric mobility space, offering a wide range of EV scooters, batteries, solar power systems, and power backup solutions.

• The company markets its EVs under the Fujiyama Electric brand and has built a strong dealer network across major Indian states.

• Its product range includes low-speed and high-speed e-scooters, lithium-ion battery packs, lead-acid batteries, and solar inverters.

• The company’s state-of-the-art manufacturing facility is located in Uttar Pradesh, equipped with advanced assembly lines and quality testing systems.

• Fujiyama is committed to the “Make in India” and “Go Green” initiatives, focusing on localized production and clean energy adoption.

IPO Objectives

The main objectives of the Fujiyama Power Systems Limited IPO are to:

• Expand EV manufacturing capacity and set up additional assembly units.

• Invest in R&D for battery innovation and electric powertrain efficiency.

• Enhance marketing and distribution network across India.

• Meet working capital requirements for growing sales operations.

• Provide partial exit and liquidity to existing shareholders.

Financial Performance

Fujiyama Power Systems has shown consistent revenue growth over the last few years, driven by the increasing adoption of electric vehicles and renewable power solutions.

For FY2023, the company reported revenues exceeding ₹250 crore, with healthy margins supported by high-volume sales of electric scooters and power systems. Profitability has improved through operational efficiency, backward integration, and expansion into lithium-ion battery manufacturing.

With India’s electric vehicle market expanding rapidly, the company is positioned for strong growth momentum in FY2025 and beyond.

Company Strengths

• Strong product portfolio covering EVs, batteries, and power backup systems.

• Experienced management team with deep expertise in renewable energy technologies.

• Robust manufacturing and R&D capabilities supporting innovation and scalability.

• Wide distribution network and growing brand visibility in the EV sector.

• Focus on sustainability and contribution to India’s green energy goals.

Industry Outlook

India’s electric vehicle market is witnessing exponential growth driven by government incentives, rising fuel costs, and environmental awareness. The shift toward electric mobility and clean power solutions has created vast opportunities for companies like Fujiyama Power Systems.

The company’s emphasis on affordable EVs, reliable batteries, and indigenous manufacturing aligns with national priorities such as FAME II, EV30@30, and Net Zero 2070.

With growing demand from both urban and rural markets, Fujiyama Power Systems Limited is strategically placed to capitalize on the EV revolution in India. The upcoming IPO presents investors with an opportunity to participate in a high-growth, future-focused sector.