Fujiyama Power Day 2: No grey-market interest, sluggish demand. Should you subscribe?
Published on: Nov. 14, 2025, 11:13 a.m. | Source: The Economic Times
Fujiyama Power Systems Rs 828-crore IPO entered its second day on November 15. The offer includes a fresh issue and an OFS from existing shareholders, aimed at funding capacity expansion and working capital needs. The solar equipment manufacturer has drawn sluggish investor interest, while brokerages remain optimistic about long-term prospects despite near-term valuation concerns.
