Fujiyama Power Systems IPO GMP - Live Grey Market Premium

Listed
Fujiyama Power Systems IPO

Fujiyama Power Systems is a leading Indian manufacturer and solutions provider in the rooftop solar industry, operating under the established brands **UTL Solar** (29-year legacy) and Fujiyama Solar. The company provides end-to-end capabilities, including the manufacturing of on-grid, off-grid, and hybrid solar systems, panels, inverters, and batteries (both lead-acid and lithium-ion). It is a B2C focused company with a strong pan-India distribution network (725 distributors, 5,546 dealers, and 1,100 exclusive UTL Solar Shoppes). Fujiyama holds patents like the **Rapid MPPT technology** and is known for its product reliability, with negligible warranty claims.

Issue Price
228
Current GMP
0
GMP %
0.00
Est. Listing Price
228
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IPO Details

Price Range
₹216.0 - ₹228.0
Issue Size
₹828 Cr
Lot Size
65 shares
IPO Type
Mainboard
Open Date
13 Nov 2025
Close Date
17 Nov 2025
Allotment Date
18 Nov 2025
Listing Date
20 Nov 2025

GMP Timeline

DateIPO PriceGMPEst. Price% Change
18 Nov 2025Live
228
3
231
+1.32
17 Nov 2025
228
1
229
+0.44
16 Nov 2025
228
0
228
0.00
15 Nov 2025
228
0
228
0.00
14 Nov 2025
228
0
228
0.00
13 Nov 2025
228
0
228
0.00
12 Nov 2025
228
0
228
0.00
11 Nov 2025
228
0
228
0.00
10 Nov 2025
228
0
228
0.00
9 Nov 2025
228
0
228
0.00
8 Nov 2025
228
0
228
0.00
7 Nov 2025
228
0
228
0.00
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Important Notes About Grey Market Premium

Grey Market Premium (GMP) is an unofficial value that indicates investor sentiment before the IPO listing. It is the premium amount at which IPO shares are traded in the grey market before they are officially listed on the stock exchange.

GMP fluctuates based on market conditions and investor sentiment. A positive GMP suggests the market expects the stock to list above its issue price, while a negative GMP suggests it may list below the issue price.

The actual listing price may differ from the estimated price based on GMP due to market conditions on the listing day. GMP is not an official indicator and should not be the sole basis for investment decisions.

IPOwiz updates the GMP values regularly, but these values are sourced from unofficial channels and should be used as a reference only.

Back to GMP TrackerView Full IPO Details

Frequently Asked Questions

What is GMP (Grey Market Premium)?
GMP (Grey Market Premium) is the premium at which IPO shares are traded in the unofficial market before official listing. It indicates market sentiment and expected listing price. A positive GMP suggests strong demand, while negative GMP indicates weak market sentiment.
What is the current GMP for Fujiyama Power Systems IPO?
Currently, there is no GMP data available for Fujiyama Power Systems IPO. GMP values are updated regularly and may not be available for all IPOs.
What is the estimated listing price based on current GMP?
Estimated listing price cannot be calculated as GMP data is not currently available for Fujiyama Power Systems IPO.
How is GMP calculated?
GMP is determined by market demand and supply in the unofficial grey market. It's the difference between the expected listing price and the issue price. Higher GMP indicates strong demand and investor confidence, while lower or negative GMP suggests weak demand.
Is GMP reliable for IPO investment decisions?
GMP provides market sentiment but shouldn't be the sole factor for investment decisions. It's unofficial and can change daily. Consider company fundamentals, financials, market conditions, and your risk appetite before investing. GMP is a reference indicator, not a guarantee.
Can GMP change before listing?
Yes, GMP is highly volatile and can change daily based on market conditions, subscription levels, overall market sentiment, and news about the company. The GMP you see today may be different tomorrow, and it can change until 20 November 2025.
What happens if GMP is negative?
A negative GMP indicates the stock may list below the issue price, suggesting weak market demand. However, actual listing price may differ from GMP predictions, and negative GMP doesn't guarantee a loss.
How does GMP affect IPO subscription?
High GMP often correlates with high subscription rates as investors expect good listing gains. However, this isn't always true. Some IPOs with high GMP may have lower subscription if investors are cautious. GMP reflects market sentiment, which can influence subscription behavior.