FP

Fujiyama Power Systems

Book Building issueMainboardNSE₹828 Cr issue
-4.21%
Listing gain over issue price
Issue size
₹828 Cr
1 lot at cut-off
₹14,820
Lot size
65shares
Open
13 Nov 2025
Close
17 Nov 2025
Allotment
18 Nov 2025
Listing
20 Nov 2025

Listing performance

Issue price
₹228
Listed at
₹218.4
Listing-day close
₹208.44
Latest price
₹347.85
Listing gain
-4.21%
Return since listing
+52.57%

Scheduled dates

Tentative timetable — a past date is not confirmation the step completed

  1. Open
    13 Nov 2025
  2. Close
    17 Nov 2025
  3. Allotment
    18 Nov 2025
  4. Refund
    19 Nov 2025
  5. Demat credit
    19 Nov 2025
  6. Listing
    20 Nov 2025

Grey market premium

Unofficial and indicative — not a forecast

₹0.5

3 observations recorded — too few to plot a trend.

Day-wise premium · 3 observations
DateGMP%SaudaEst. listingGain / lot
20 Nov 2025₹0.5+0.22%₹0₹228.5₹32.5
19 Nov 2025₹0.5+0.22%₹0₹228.5₹32.5
18 Nov 2025₹3+1.32%₹100₹231₹195

Gain per lot assumes the premium holds to listing and that the application is allotted — allotment in an oversubscribed issue is a lottery, so it is indicative, not expected. Sauda is the rate paid for a submitted application itself.

Issue details

IPO date
13 Nov 2025 – 17 Nov 2025
Listing date
20 Nov 2025
Face value
₹1 per share
Issue price
₹228 per share
Lot size
65 shares
Issue type
Book Building issue
Listing at
NSE
Total issue size
₹828 Cr
Market cap at offer price
₹6,986 Cr
Promoter holding
99.67% → 87.88% pre-issue → post-issue
ISIN
INE12UR01024
Registrar
MUFG Intime India Pvt.Ltd.
Lead managers
Motilal Oswal Investment Advisors Ltd.
Registered office
53A/6, Near NDPL Grid Office, Near Metro Station, Sat Guru Ram Singh Marg, New Delhi

Reservation and application size

How the issue is split between investor categories, and what each may bid

Investor categoryShares% of net% of total
Anchor investor · within QIB1,08,28,947
Market maker 0

Application size

Minimum 65 shares per lot, in multiples, at ₹228

ApplicationLotsSharesAmount
Retail (min)165₹14,820
Retail (max)13845₹1,92,660
S-HNI (min)14910₹2,07,480
S-HNI (max)674,355₹9,92,940
B-HNI (min)684,420₹10,07,760

Category limits

CategoryBid sizeCut-off
Retail (RII)Up to ₹2 lakhYes
Small HNI (sNII)₹2 lakh – ₹10 lakhNo
Big HNI (bNII)Above ₹10 lakhNo
EmployeeUp to ₹5 lakhYes

Bidding at cut-off means accepting the final issue price without naming one. Only retail and employee applicants may do so.

Anchor investors

Institutional allocation placed a day before the issue opens, carved out of the QIB portion and locked in after listing.

Shares allocated
1,08,28,947
Anchor portion
₹247 Cr
at ₹228 per share

Valuation and performance

Valuation at offer price

₹228 per share

MetricPre-issuePost-issue
EPS (₹)5.588.82
P/E (×)40.8625.85
Price to book (×)16.09
Market cap₹6,986 Cr

Key performance indicators

Latest reported period

Return on net worth
39.40%
ROCE
41.01%
Debt / equity
0.87
PAT margin
10.15%
EBITDA margin
16.13%
NAV per share
₹14.17
Price to book
16.09

Single period as reported. Year-on-year movement is in the financials table below, where every period is published.

Disclaimer. Figures are compiled from the issuer's offer document and exchange-published bidding data. Subscription changes until the issue closes, and the final basis of allotment is published by the registrar. Grey Market Premium is unofficial, indicative data from unregulated grey-market dealers — it is not published by NSE, BSE, SEBI or the issuer, and is not a forecast of the listing price. Nothing here is investment advice or a recommendation; read the offer document and consult a SEBI-registered adviser before applying.