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 and trades at ₹381 today, +67.3% against its issue price of ₹228. It was subscribed 2.14× in total.

228
Issue price
381
Price now
+67.3%
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

Who bid for it

Investor categoryShares offeredShares bid forSubscribed
QIB
Banks, funds and other large institutions
73,42,5913,78,22,2005.15×
Foreign Institutional Investorsno separate quota2,15,50,425n/a
Domestic Financial Institutionsno separate quota17,54,415n/a
Mutual fundsno separate quota72,19,290n/a
Othersno separate quota72,98,070n/a
Non-institutional
Wealthy individuals and companies bidding above ₹2 lakh
56,31,94549,78,5450.88×
Non Institutional Investors37,54,63020,28,3250.54×
Corporatesno separate quota2,96,335n/a
Individualsno separate quota16,86,490n/a
Othersno separate quota45,500n/a
Non Institutional Investors18,77,31529,50,2201.57×
Corporatesno separate quota23,920n/a
Individualsno separate quota28,44,010n/a
Othersno separate quota82,290n/a
Retail
Ordinary investors bidding up to ₹2 lakh
1,31,41,2041,31,85,9651.00×
Cut Offno separate quota1,07,59,515n/a
Price bidsno separate quota24,26,450n/a
Employees2,31,4813,39,8851.47×
Cut Offno separate quota2,67,085n/a
Price Bidsno separate quota72,800n/a
Total2,63,47,2215,63,26,5952.14×

Sub-categories read no separate quota rather than a dash: the exchange publishes bids at that level but never a reservation against them, so a subscription multiple does not exist — it is not missing data. Bids across both exchanges (NSE and BSE) — the figure usually quoted publicly. Last updated 25 Jul, 06:05 pm IST.

How demand built

Only one reading so far. We sample subscription every hour and store it whenever it moves, so this becomes a curve as bidding runs.