Fujiyama Power IPO GMP Today Remains ₹0: Issue Sees 0.12, Should You Apply or Not?
Fujiyama Power IPO GMP Today: Fujiyama Power Systems IPO has entered the market with steady investor attention, even as Fujiyama Power IPO GMP today stands flat at ₹0. The renewable-energy player is launching a ₹828-crore issue with a strong growth story but moderate listing expectations.

Investors are now evaluating whether the fully priced valuation, sector prospects, and expert views make this IPO worth applying for.
What Are the Fujiyama Power IPO Details?
| Particulars | Details |
|---|---|
| IPO Open Date | 13 November 2025 |
| IPO Close Date | 17 November 2025 |
| Price Band | ₹216 – ₹228 per share |
| Lot Size | 65 shares per lot |
| Minimum Investment (Retail) | ₹14,820 |
| Issue Size | ₹828 crore (₹600 crore Fresh + ₹228 crore OFS) |
| Face Value | ₹10 per share |
| Listing on | NSE, BSE |
| IPO Type | Book Built Issue |
What is the Fujiyama Power IPO GMP today and what does it signify?
According to grey market sources, the Fujiyama Power IPO GMP today, on 14 November, is nil (₹0) — meaning the shares are expected to list at par with the issue price (i.e., no premium or discount).
This aligns with multiple platforms reporting that the IPO’s GMP is currently flat at 0%.
A flat GMP suggests that the market sentiment is neutral: neither exuberant demand to expect a listing premium, nor excessive fear of discount. It means that investors in the grey market are not willing to pay more than the issue price for early access.
What are expert commentaries and analysis saying?
• Few brokerages label the IPO valuation (P/E roughly ~40-41x based on FY25 earnings) as fully priced but reasonable, given growth potential.
• Others recommend investing for the long-term, citing the company’s expansion plans in manufacturing capacity (Ratlam facility, Dadri expansion) and revenue doubling potential in the next 3-4 years.
• Some caution that for short-term listing gains, the fully priced nature may limit upside and recommend a “neutral” rating if you are seeking quick returns
Should you apply for this IPO or not?
Given the above, here’s a breakdown:
Pros:
- Strong business segment: rooftop solar and renewable energy, a space with clear growth tailwinds in India.
- Good recent financial progress mentioned in media (revenue growth, margin expansion) which supports growth story.
- Fujiyama Power IPO GMP today (Neutral GMP) suggests no risk of immediate listing discount, which is a relief compared to some IPOs that list down.
Cons:
- Fujiyama Power IPO GMP today (Flat GMP) also means limited expectation of listing premium — if your aim is quick profit, the upside may be muted.
- The valuation is quite high (P/E ~40x+) which leaves less room for error in execution.
- Being a growth-oriented small/mid-cap type IPO, there may be higher business risk compared to mature large caps.
How to apply for the IPO?
- Ensure you have a valid Demat account and Trading account, registered with a broker.
- Log in to your broker’s IPO application portal (or the exchange IPO section if supported).
- Look for the Fujiyama Power Systems IPO, select “Apply” and enter your bid price (within ₹216-₹228) and number of lots you wish (minimum 65 shares).
- Make sure your UPI (if used) or bank account is ready for the mandate when applying.
- Submit the application before the issue closes (17 Nov 2025).
- After allotment, check status on your broker or registrar’s site. – If allotted, shares will get credited and you’ll know the listing date (~20 Nov 2025).
- Maintain funds or be ready for refunds if your application is not allotted.
- Final Take
- The Fujiyama Power Systems IPO is well-positioned in a high-growth renewable energy theme, offers long-term potential, and comes with a flat grey market premium (₹0) signalling no hype-driven pricing. If you are a growth-oriented investor with a 3-5 year horizon and ready for some risk, applying makes sense. If you seek immediate listing gains or minimal risk, this may not offer the kind of spread you might hope for.
- Always consider your own financial goals, portfolio allocation and risk-profile before applying.
Final Take
The Fujiyama Power Systems IPO is well-positioned in a high-growth renewable energy theme, offers long-term potential, and the Fujiyama Power IPO GMP today (₹0) signals no hype-driven pricing.
If you are a growth-oriented investor with a 3-5 year horizon and ready for some risk, applying makes sense. If you seek immediate listing gains or minimal risk, this may not offer the kind of spread you might hope for.
Always consider your own financial goals, portfolio allocation and risk profile before applying.
Fujiyama Power IPO GMP Today FAQs (Frequently Askes Questions)
Q1: What does a Fujiyama Power IPO GMP today of ₹0 mean?
It means the market is currently pricing the IPO shares at the issue price — no extra premium is being paid in the grey market, which suggests moderate demand.
Q2: Does a flat GMP mean the listing will be flat?
Not necessarily. GMP reflects unofficial early demand. The actual listing price can differ – upward or downward – depending on full subscription, market conditions, and sentiment at listing time.
Q3: Is this IPO suitable for retail investors?
Yes — retail investors are eligible to apply, minimum lot is 65 shares. Whether it’s suitable depends on your risk tolerance, investment horizon and theme belief.
Q4: What is the minimum investment?
Lot of 65 shares at upper band ₹228 = ₹14,820 (plus brokerage/fees) approximately. Lower if you bid at lower end ₹216.
Q5: When will shares be credited and when will refunds happen?
Expected allotment date: around 18 Nov 2025; refund/credit by ~19-20 Nov; listing around 20 Nov.
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Disclaimer: The views and investment insights provided here are based on publicly available information and do not constitute financial advice. Readers are advised to conduct their own research or consult certified financial experts before making investment decisions.



