Description
Fujiyama Power Systems Limited equity shares admitted to trading on NSE Capital Market segment with effect from November 20, 2025 following IPO.
Summary
Fujiyama Power Systems Limited’s equity shares have been admitted to dealings on the National Stock Exchange Capital Market segment effective November 20, 2025. The company issued 306,410,934 equity shares of Re. 1/- each at an issue price of Rs. 228/-. Trading will commence under the symbol UTLSOLAR (ISIN: INE12UR01024) with a market lot size of 1 share. The security will be part of the pre-open session for IPO and other category scrips.
Key Points
- Symbol: UTLSOLAR
- Company Name: Fujiyama Power Systems Limited
- ISIN: INE12UR01024
- Face Value: Re. 1/-
- Issue Price: Rs. 228/-
- Total Shares: 306,410,934 equity shares
- Market Lot Size: 1 share
- Series: EQ (Equity)
- Trading Commencement: November 20, 2025
- Pari Passu: Yes
- Pre-open Session: Applicable as per SEBI circular CIR/MRD/DP/01/2012 & CIR/MRD/DP/02/2012 dated January 20, 2012
Regulatory Changes
No regulatory changes introduced. This circular notifies the listing pursuant to Regulation 3.1.1 and Regulation 2.5.5 of the National Stock Exchange (Capital Market) Trading Regulations Part A.
Compliance Requirements
- Trading Members: Must use designated security code UTLSOLAR for identifying and trading the security
- Lot Size Compliance: Trading must be conducted in the specified market lot size of 1 share
- Pre-open Session: Members must note that the security will participate in pre-open session for IPO category
Important Dates
- Circular Date: November 19, 2025
- Effective Date: November 20, 2025
- Trading Commencement: November 20, 2025
- Financial Year: April 2025 - March 2026
Lock-in Periods (as per Annexure I):
- Various tranches with lock-in dates ranging from December 17, 2025 to November 20, 2028
- Specific lock-in schedules:
- 17-Dec-2025: 4,997,069 shares and 417,402 shares
- 15-Feb-2026: 52,931 shares, 4,944,140 shares, and 417,405 shares
- 19-May-2026: 36,579,700 shares and 12,582,425 shares
- 20-Nov-2026: 32,559,010 shares, 38,218,370 shares, 72,305,450 shares, and 15,970,315 shares
- 20-Nov-2028: 30,700,000 shares, 25,000,000 shares, and 5,700,000 shares
- Free (no lock-in): 5,860 shares, 383,900 shares, 95,975 shares, and 25,480,982 shares
Impact Assessment
Market Impact: Medium - The listing adds a new tradeable security in the solar/power systems sector to the NSE Capital Market segment. With an issue size of over 306 million shares at Rs. 228/- per share, this represents a significant capital raise.
Investor Impact: The IPO provides investment opportunity in the solar power systems sector. The presence of multiple lock-in periods indicates various categories of shareholders (promoters, anchor investors, etc.) with staggered release schedules.
Operational Impact: Trading members need to update their systems to recognize the new security code UTLSOLAR and ensure compliance with pre-open session requirements for IPO category scrips.
Company Details:
- Registered Office: 53A/6, Near NDPL Grid Office, Industrial Area, Delhi - 110015
- Corporate Office: Plot No. 51-52, Sector Ecotech 1, Greater Noida – 201310, Uttar Pradesh
- Company Secretary: Ms. Mayuri Gupta
- Contact: +91 011 41055305
- Email: investor@utlsolarfujiyama.com
- Website: www.utlsolarfujiyama.com
- Registrar: MUFG Intime India Private Limited, Mumbai
Impact Justification
New IPO listing of Fujiyama Power Systems Limited with 306.41 million shares; medium impact as it adds a new tradeable security to the market but limited broader market implications