| Category | Details |
|---|---|
| IPO Subscription Status | |
| Overall | 45% |
| Qualified Institutional Buyers (QIBs) | 81% |
| Non-Institutional Investors (NIIs) | 16% |
| Retail Investors | 38% |
| Note | Slow demand; only 40% booked by end of Day 2 |
| IPO Details | |
| Total Size | ₹828 crore |
| Price Band | ₹216–228 per share |
| Structure | Fresh issue: ₹600 crore + Offer for Sale: 10 lakh shares worth ₹228 crore by promoters |
| Lot Size | 65 shares |
| Use of Proceeds | Part-finance Ratlam manufacturing facility, repayment of borrowings, general corporate purposes |
Grey Market Buzz: Fujiyama IPO Flat Trading
The premium is at a good 0, and the Fujiyama Power Systems IPO is cooling down in the grey market. Precisely, no additional hype, no bidding frenzy, simply calm. Investors are not paying a premium above the highest price band, and this reflects that the IPO is perfectly priced.
That is, the shares will be listed at the issue price or very near the issue price when the shares are floated in the market. Therefore, no drastic tags, no FOMO mania, just a stable, predictable debut. The ideal investment is the one that combines a Zen and no-drama approach.
Fujiyama Power Systems: Solar With A Smile
Here is the solar genius of the Greater Noida-based Fujiyama Power Systems, which transforms rooftops into power stations. They are not your typical panel manufacturer, developing and delivering solutions for on-grid, off-grid, and hybrid solar systems, lighting homes, businesses, and communities. Fujiyama is an embodiment of innovation combined with reliability, whether it is sleek rooftop installations or variable hybrid systems.
Whether lowering your electricity costs or increasing the use of clean energy, they have it all. Imagine them as the team to call when longing for a smarter, greener roof. With their technology and expertise, solar energy is more than a utility, it is an experience.
(With Inputs)