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Fujiyama Power Systems files for IPO to raise ₹700 crore for expansion and debt repayment.
Fujiyama Power Systems, a solar solutions company based in Greater Noida, India, has filed for an IPO to raise up to ₹700 crore.
The funds will be used to build a new manufacturing facility in Ratlam, repay debt, and cover general corporate expenses.
The IPO includes an offer-for-sale by its promoters, aiming to expand the company's operations and manufacturing capabilities.
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Fujiyama Power Systems presenta una oferta pública inicial para recaudar ₹ 700 crores para la expansión y el pago de la deuda.