Comparison between Anand Rathi Share IPO and Fujiyama Power Systems IPO.
Anand Rathi Share IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Fujiyama Power Systems IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Anand Rathi Share IPO is up to ₹745.64 Cr whereas the issue size of the Fujiyama Power Systems IPO is up to ₹828.00 Cr. The final issue price of Anand Rathi Share IPO is ₹414.00 per share and of Fujiyama Power Systems IPO is ₹228.00 per share.
| Anand Rathi Share IPO | Fujiyama Power Systems IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹1 per share |
| Issue Price (Lower) | ₹393.00 per share | ₹216.00 per share |
| Issue Price (Upper) | ₹414.00 per share | ₹228.00 per share |
| Issue Price (Final) | ₹414.00 per share | ₹228.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ₹25.00 per share | |
| Market Lot Size | 36 shares | 65 shares |
| Fresh Issue Size | 1,80,10,692 shares | 2,63,15,789 shares |
| Fresh Issue Size (Amount) | up to ₹745.64 Cr | up to ₹600.00 Cr |
| OFS Issue Size | 0 shares | 1,00,00,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹228.00 Cr |
| Issue Size Total | 1,80,10,692 shares | 3,63,15,789 shares |
| Issue Size Total (Amount) | up to ₹745.64 Cr | up to ₹828.00 Cr |
Anand Rathi Share IPO opens on Sep 23, 2025, while Fujiyama Power Systems IPO opens on Nov 13, 2025. The closing date of Anand Rathi Share IPO and Fujiyama Power Systems IPO is Sep 25, 2025, and Nov 17, 2025, respectively.
| Anand Rathi Share IPO | Fujiyama Power Systems IPO | |
|---|---|---|
| Anchor Bid Date | Sep 22, 2025 | Nov 12, 2025 |
| Issue Open | Sep 23, 2025 | Nov 13, 2025 |
| Issue Close | Sep 25, 2025 | Nov 17, 2025 |
| Basis Of Allotment (Tentative) | Sep 26, 2025 | Nov 18, 2025 |
| Initiation of Refunds (Tentative) | Sep 29, 2025 | Nov 19, 2025 |
| Credit of Share (Tentative) | Sep 29, 2025 | Nov 19, 2025 |
| Listing date (Tentative) | Sep 30, 2025 | Nov 20, 2025 |
| Anchor Lockin End date 1 | Oct 25, 2025 | Dec 17, 2025 |
| Anchor Lockin End date 2 | Dec 24, 2025 | Feb 15, 2026 |
Anand Rathi Share IPO P/E ratio is 17.87, as compared to Fujiyama Power Systems IPO P/E ratio of 40.85.
| Anand Rathi Share IPO | Fujiyama Power Systems IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials | Company Financials (Restated Consolidated)Anand Rathi Share & Stock Brokers Ltd.'s revenue increased by 24% and profit after tax (PAT) rose by 34% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated)Fujiyama Power Systems Ltd.'s revenue increased by 67% and profit after tax (PAT) rose by 245% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 98.06 | 99.67 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.9 | 87.88 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 17.87 | 40.85 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹2596.18 Cr. | ₹6986.17 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 23.12% | 39.40% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 21.32% | 41.01% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.80 | 0.87 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹23.17 | ₹5.58 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 23.12% | 39.40% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Anand Rathi Share IPO Retail Individual Investors (RII) are offered 62,13,769 shares while in Fujiyama Power Systems IPO retail investors are offered 62,13,769 shares. Qualified Institutional Buyers (QIB) are offered 35,50,724 shares in Anand Rathi Share IPO and 72,19,298 shares in Fujiyama Power Systems IPO.
| Anand Rathi Share IPO | Fujiyama Power Systems IPO | |
|---|---|---|
| Anchor Investor Reservation | 53,26,086 shares | 1,08,28,947 shares |
| Market Maker Reservation | 0 shares | 0 shares |
| QIB | 35,50,724 shares | 72,19,298 shares |
| NII | 26,63,044 shares | 54,14,474 shares |
| RII | 62,13,769 shares | 1,26,33,772 shares |
| Employee | 2,57,069 shares | 2,19,298 shares |
| Others | ||
| Total | 1,80,10,692 shares | 3,63,15,789 shares |
Anand Rathi Share IPO subscribed 21.83x in total, whereas Fujiyama Power Systems IPO subscribed 2.21x.
| Anand Rathi Share IPO | Fujiyama Power Systems IPO | |
|---|---|---|
| QIB (times) | 46.25x | 5.24x |
| NII (times) | 30.16x | 0.92x |
| Big NII (times) | 32.01x | 0.56x |
| Small NII (times) | 26.45x | 1.63x |
| RII (times) | 5.11x | 1.05x |
| Employee (times) | 2.70x | 1.55x |
| Other (times) | ||
| Total (times) | 21.83x | 2.21x |
