The Fujiyama Power Systems IPO allotment was finalized on Tuesday following a positive response from investors across various categories. Applicants can now verify their share allocation status through the BSE website or the registrar, MUFG Intime India Pvt Ltd.
The IPO garnered an overall subscription of 2.21 times. Notably, the retail category was oversubscribed by 1.05 times, the QIB segment witnessed a robust subscription of 5.24 times, and the NII portion was subscribed 0.92 times as of November 17.
Fujiyama Power Systems, operating in the power solutions sector, introduced its IPO with a mix of fresh issue and offer for sale components.
To check their allotment status, applicants can utilize the BSE portal or the registrar’s website. On the BSE website, they need to visit the IPO allotment page, select ‘Equity,’ pick Fujiyama Power Systems Limited, input their application number and PAN, complete the captcha, and click Search for the results. Alternatively, on the MUFG Intime India website, applicants should visit the IPO allotment page, select the company, choose the relevant identification option, enter the details, complete the captcha, and click Submit to view their status.
Following allotment, refunds will be initiated for unsuccessful applicants, while successful bidders will have their shares credited to their demat accounts. The Fujiyama Power Systems IPO, valued at Rs 828 crore, comprises a fresh issue of 2.63 crore shares worth Rs 600 crore and an offer for sale of 1 crore shares amounting to Rs 228 crore.
Commencing on November 13, 2025, and closing on November 17, 2025, the IPO had a price band of Rs 216–Rs 228 per share and a lot size of 65 shares, requiring a minimum retail investment of Rs 14,820 at the upper limit. Motilal Oswal Investment Advisors Ltd served as the book-running lead manager, with MUFG Intime India Pvt Ltd acting as the registrar.
As of November 18 at 1:55 PM, the last recorded GMP stood at Rs 1.5. Based on the upper price band of Rs 228, the anticipated listing price is estimated at Rs 229.5, suggesting a marginal expected listing gain of 0.66%. The shares of Fujiyama Power Systems are set to be listed on the BSE and NSE on November 20, 2025.