“This article expresses my personal analysis based on publicly available financial data and market reports.”

Fujiyama Power Systems & Capillary Technologies IPO: GMP & Subscription Trends Heat the Market

The IPO market in India has been buzzing lately. Every week brings fresh listings, bold valuations, and rising investor curiosity. But the names capturing maximum attention right now are Capillary Technologies IPO and Fujiyama Power Systems IPO.

Both issues are witnessing active demand, and the grey market is already hinting at strong listing-day excitement.

Let’s break down the real story in simple words so you can decide whether these IPOs fit your 2025 investing strategy.

Capillary Technologies IPO GMP Day 2 – Strong Market Buzz

Capillary Technologies has surprised many investors with its early traction. The company is known for AI-led customer loyalty and marketing automation solutions, and that alone makes it a 2025-relevant business.

Brands today survive on personalisation, and Capillary sits right inside that digital transformation space.

On Day 2, the GMP (Grey Market Premium) remained steady in the positive zone. Traders say the buzz is mainly because the company works with global brands and has strong SaaS revenues. In a year where AI-focused companies are outperforming the broad market, Capillary seems to be checking the right boxes.

Also Read Fujiyama Power Systems IPO Day 3: GMP, Subscription & Review

Why investors are showing interest

• Global client base
• Recurring revenue from SaaS subscriptions
• Strong positioning in the AI-driven marketing space
• Better margins compared to many early-stage tech firms

The subscription numbers reflect this confidence, especially from retail and NII segments. Investors like companies that can scale without burning cash, and Capillary appears to be moving in that direction.

Fujiyama Power Systems IPO GMP Day 3 – Demand Continues to Rise

While Capillary is gaining traction due to its tech appeal, Fujiyama Power Systems’ IPO is attracting investors for an entirely different reason — the rising demand for EV infrastructure and power backup solutions.

On Day 3, the IPO’s GMP moved upward, showing consistent demand. Many retail investors believe that the company is entering a long-term growth cycle. Power systems, EV charging equipment, and green-energy solutions are major themes for 2025, so Fujiyama naturally benefits from this shift.

Market sentiment for Fujiyama

• Strong appetite for SME IPOs this month
• Positive consumer demand for EV charging and home power systems
• Traders expect a healthy listing premium
• Subscription levels are rising from Tier-2 and Tier-3 investors

The momentum also aligns with India’s push towards clean energy and electric mobility, making the company’s business model feel relevant and future-ready.

Also Read

Capillary Technologies IPO Day 1 Review & Should You Apply?

IPO Subscription Status – What the Numbers Are Telling Us

Both IPOs have witnessed good participation across investor categories.

One thing that stands out is the strong retail investor participation. Even those who usually avoid tech-based or SME IPOs are stepping in because of the 2025 market psychology—investors are seeking growth-oriented companies with scalable models.

Capillary Technologies subscription snapshot

• Strong QIB interest on Day 2
• Retail applied aggressively
• Good traction from high-net-worth investors

Fujiyama Power Systems subscription snapshot

• The highest demand is from retail
• SME investors looking at listing gains
• Positive sentiment driven by GMP movement

While subscription is not a guarantee of listing gains, it does show what the market expects.

GMP Isn’t Everything — But It Shows Market Emotion

The grey market premium for both IPOs is fluctuating every few hours. This isn’t unusual. GMP doesn’t reflect the real valuation, but it does reveal the emotional side of the market — the early hype, the confidence, and sometimes the fear of missing out.

According to Mint, investors often check GMP as a quick pulse-check. And right now, both Capillary Technologies and Fujiyama Power Systems are showing above-average excitement.

Also Read Excelsoft & Gallard Steel IPOs 2025 – What Investors Should Know

Should You Apply? A Balanced View

Here’s the human side of this discussion — every IPO looks attractive when the market sentiment is strong. But the real decision depends on your risk profile.

Capillary Technologies IPO is more suitable for investors who believe in tech, SaaS models, and long-term value creation. Its success will depend on global expansion and consistent profitability.

Fujiyama Power Systems IPO appeals to investors who like manufacturing, energy solutions, and SME opportunities. Listing gains look possible, but long-term performance will depend on scaling capabilities and competition.

In simple words: Tech lovers may prefer Capillary; growth-oriented SME investors may tilt toward Fujiyama.

Conclusion

This week’s IPO lineup feels exciting, and both Capillary and Fujiyama are attracting the spotlight for good reasons. My personal opinion — these IPOs reflect India’s changing business landscape. One represents the future of AI-led customer engagement, and the other stands on the booming EV energy wave.

If you invest thoughtfully and align these opportunities with your long-term goals, both IPOs can add value to your 2025 portfolio story.

Sometimes the market gives us moments where two very different ideas shine together — this feels like one of those weeks.

FAQs About Fujiyama & Capillary Technologies IPO

Also Read Groww shares surge 50% — should you still buy now?

Disclaimer: The views and recommendations above are those of individual analysts or brokerage companies, not US News Weeks. We advise investors to check with certified experts before making any investment decisions.

Source : Mint & Business Line - Capillary Technologies IPO GMP