ListedMainboardPower Generation/DistributionUTLSOLAR

Fujiyama Power Systems IPO

Fujiyama Power Systems IPO is a mainboard IPO raising ₹828 Cr at ₹216 – ₹228 a share. It listed on 20 Nov 2025 at ₹220, −3.5% against its issue price of ₹228, and trades at ₹446 today (+95.7% since issue). It was subscribed 2.14× in total.

228
Issue price
446
Price now
+95.7%
Since issue price
20 Nov 2025
Listed on
2.14×Subscribed (final) · all exchanges

2.1 times more demand than shares on offer

populated partly populated we hold nothing here — the tab says why

How its cohort has done

104 mainboard issues listed in 2025 that we can price today. This is the group this issue belongs to.

+1.6%
Median return since issue price
49%
Now trading below their issue price

Neither figure is a forecast for this issue — they describe what happened to comparable issues. Full cohort analytics →

How the book finished

The category split is the number worth reading, not the total.

QIB5.15×
Non-institutional0.88×
Retail1.00×

QIB: 5.15× their allocation. Non-institutional: 0.88×.

See the full split, sub-category by sub-category →

What we hold for this issue

Stated up front on every issue, so a sparse page reads as a fact about the source rather than a broken one.

Category split — who bidQIB, non-institutional and retail, with sub-splits
How demand built over timeFinal figure held, but no series — we were not sampling this issue while it was live
Price-point demand curveLive only — NSE stops serving this once bidding closes
Lead managers and registrar2 banks
Official documents5 documents
Listing-day priceOpened at ₹220 on debut
Performance since listingComputed from our own daily closes

Led by SBI Capital Markets Limited — median +23.0% across the 59 of its issues we can price. All lead managers →

What happens when

11 NovPre-apply
13 NovBidding opens
17 NovBidding closes
19 NovAllotment
19 NovRefunds
20 NovListing
29 DecMandate ends

Track FUJIYAMA POWER SYSTEMS L

Results, orders, board decisions and every other filing — summarised and sent to your WhatsApp the minute they are out.

Open the company page

Figures are as published by the exchanges and the issuer’s prospectus. MarketPing publishes facts, comparisons and history only — nothing here is a recommendation to apply to this issue, and we do not publish grey market premium.