Fujiyama Power Systems IPO GMP - Live Grey Market Premium
Alloted
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.
IPO Details
GMP Timeline
| Date | IPO Price | GMP | Est. 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 |
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.