Fujiyama Power Systems IPO opens for subscription (Photo credit: Fujiyama Solar's website.) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Fujiyama Power Systems Ltd.'s initial public offer was subscribed 0.03 times or 3% on the first day.

The Fujiyama Power Systems IPO is a book-building issue of Rs 828 crore. It comprises a fresh issue of 2.63 crore shares worth Rs 600 crore and an offer-for-sale (OFS) of one crore shares, amounting to Rs 228 crore.

The price band for the IPO has been fixed between Rs 216 and Rs 228 per share.

To participate in the IPO, retail investors can bid for at least a single lot size of 65 shares, amounting to a minimum investment of Rs 14,820.

Small non-institutional investors need to bid for 14 lots, aggregating Rs 2,07,480. Big non-instit

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