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News Topical, Digital Desk : Fujiyama Power System had a poor listing. Its gray market premium (IPO GMP) wasn't particularly impressive. The IPO GMP never exceeded ₹3 per share. Furthermore, its GMP was recorded as zero for most of the time.
Given its poor GMP, non-institutional investors haven't shown much interest in this IPO. Even on the final day, non-institutional subscriptions were 88%.
Now let's talk about how much loss investors have suffered due to this IPO.
Fujiyama Power System Share Price: How much loss was incurred?
This IPO resulted in a loss of ₹8 per share for investors. Fujiyama Power System listed at a loss of 3.51 percent. It listed on the NSE at ₹220 per share. Its issue price was ₹228 per share.
At around 11:30 a.m., the price of one share of Fujiyama Power System is circulating at Rs 223. It has seen an increase of Rs 3 per share since listing.
Basic details of IPO
What was the price band?
The price band of this IPO was Rs 216 to Rs 228.
What was the lot size?
To take this IPO, investors had to apply for at least 65 shares.
How much did investors invest?
Retail investors invested Rs 14,820 to buy this IPO.
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