14 Nov 2025 | 5 Mins Read
Fujiyama Power Systems IPO receives 13% subscription in 2 days
Flipitmoney
Fujiyama Power Systems' IPO was subscribed 13% on the second day of bidding, with 34,01,970 shares bid against 2,63,47,221 shares on offer. Retail individual investors subscribed 22%, non-institutional investors 8%, but qualified institutional buyers saw no participation. The company raised Rs 247 crore from anchor investors on November 12 and aims to raise Rs 828 crore.