Fujiyama Power IPO GMP & Day 3 Subscription Update: Allotment Date & Steps

We’re watching closely as Fujiyama Power Systems Ltd. launches its IPO, and the opening days have been surprisingly quiet. The company has fixed its IPO price band at ₹216 to ₹228 per share. The total issue size is ₹828 crore, made up of ₹600 crore in new shares and ₹228 crore offered for sale by existing shareholders. What stands out? There is almost no grey‑market premium (GMP). Early indicators show little speculative buzz. And on Day 3 of subscription, demand remains soft, adding a cautious tone for investors. We will explain the GMP picture, walk you through the Day 3 subscription numbers, explain the allotment process, and guide you on how to appl