Fujiyama Power Systems IPO Closes Today! Subscription muted & GMP 0 – What’s the big concern
The IPO timetable is hectic, but is the appetite for new issues waning? After PhysicsWallah, Fujiyama Power Systems is another mainboard IPO issue that is seeing subdued investor interest. Even the grey market premium (GMP) for Fujiyama Power Systems is 0, indicating that the market participants are not expecting big fireworks at current levels.
However, investors must understand that the grey market is an unofficial indicator of investor sentiment, and the actual listing price may differ significantly.
