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Fujiyama Power Systems Ltd. listed at discounts on exchanges. It listed at Rs 220 apiece on National Stock Exchanges, which indicated a discount of 3.5%.

The stock listed at Rs 218.4 on BSE Ltd., which implies a discount of 4.2% from the issue price of Rs 228 apiece.

The share allotment status for the IPO was finalised on November 18. Successful bidders were allotted shares on Wednesday, and refunds were also issued on the same day.

Ahead of its listing, the grey market premium, an unofficial barometer of the expected share price, shows a near flat listing. The latest grey market premium (GMP) for the Fujiyama Power Systems IPO indicates a marginal listing gain o

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