The IPO of Fujiyama Power Systems Ltd has entered its final day of bidding today, with investors watching closely to see whether subscription momentum picks up before the issue closes on Monday, November 17.
As of 10:32 am on Day 3, the public issue was subscribed 45%. The QIB category led the way with 81 percent subscription, while retail investors subscribed 38% and non-institutional investors 16%.
advertisement
The mixed response suggests
Continue Reading on India Today
This preview shows approximately 15% of the article. Read the full story on the publisher's website to support quality journalism.