Palm Jewels Ltd — Important, 13-11-2025: Company Update

Fujiyama Power Systems Ltd. has announced its Initial Public Offer (IPO) with a price band of ₹216 to ₹228 per equity share. Investors can bid for a minimum of 65 equity shares. The IPO includes a fresh issue worth ₹6,000 Crore and an Offer-for-Sale of up to 10 million equity shares. Proceeds from the fresh issue will fund a new manufacturing facility in Ratlam for ₹1,800 Crore, repay outstanding debt of ₹2,750 Crore, and support general corporate purposes. This expansion aims to enhance production capabilities and financial stability.