Indian stock markets welcome a new player today as Fujiyama Power Systems makes its much-anticipated debut on the trading floors. The company's equity shares will begin trading on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on Thursday, November 20, 2025.
IPO Subscription and Listing Timeline
The initial public offering of Fujiyama Power Systems witnessed moderate investor response during its subscription period. The IPO window remained open from November 13 to November 17, 2025, allowing investors to participate in the company's market entry. The allocation process concluded efficiently, with final allotments being confirmed on November 18, just two days before the official listing.
According to an official notification released by the BSE, trading activities for Fujiyama Power Systems Limited will commence under the 'B' Group of Securities classification. The stock will undergo the Special Pre-open Session (SPOS) procedure before becoming available for regular trading at 10:00 AM.
Grey Market Premium Indicates Muted Expectations
Ahead of the formal listing, market observers have been closely monitoring the grey market premium (GMP) to gauge potential listing performance. Current data reveals that Fujiyama Power Systems is showing a GMP of just ₹0.5 per share in unofficial trading channels.
This modest premium suggests that the stock is trading only marginally above its issue price in the grey market, indicating tempered expectations among unofficial market participants. The muted GMP often reflects cautious investor sentiment and typically correlates with stable rather than explosive listing day performance.
What Investors Should Watch For
As Fujiyama Power Systems joins the listed companies universe, market participants will be monitoring several key factors. The company's initial trading patterns, volume activity, and price stability during the first trading session will provide crucial insights into market reception.
The dual listing on both major exchanges ensures wider accessibility for investors across India. The 'B' group classification indicates specific regulatory requirements and trading parameters that investors should familiarize themselves with before executing trades.
Market analysts recommend that existing allottees and prospective buyers closely watch the opening price discovery process and early trading volumes to make informed decisions. The company's entry comes at a time when the power systems sector continues to evolve with changing energy demands and technological advancements.
