Friends Union for Energising Lives (FUEL) IPO GMP Today
Founded in 2007 by Ketan Laxmikant Deshpande, Friends Union for Energising Lives (FUEL) is a Pune-based public charitable trust registered on the NSE and BSE Social Stock Exchanges. Inspired by Dr. APJ Abdul Kalam’s Mission 2021, FUEL empowers underserved Indian youth through career counselling, academic coaching, scholarships, and future skills training (such as AI, Java, Digital Marketing, and EV technology). Operating primarily through Corporate Social Responsibility (CSR) partnerships and philanthropic grants, FUEL has impacted over 1.19 million students across 3,500+ schools in 17 states, delivering over 9.02 lakh counselling sessions, 2.93 lakh future skills trainings, and 2,907 scholarships. Recently, it established the FUEL SkillTech University and FUEL Business School to offer undergraduate, postgraduate, and diploma programs. Through this issue, FUEL aims to raise ₹50 lakh via Zero Coupon Zero Principal (ZCZP) instruments to provide fully sponsored two-year MBA education to 25 economically disadvantaged female students.
- IPO Price Band
- ₹1.00 - ₹1.00
- Lot Size
- 1,000 Shares
- Bidding Closes
- TBA
- Listing Date
- TBA
Friends Union for Energising Lives (FUEL) IPO GMP Today & Key Takeaways
The Grey Market Premium (GMP) for Friends Union for Energising Lives (FUEL) IPO is currently awaiting trading updates (last quote: -). The shares are offered in the price band of ₹1.00 - ₹1.00 per share, with a minimum retail investment of Rs 1,000 for 1,000 Shares. The issue is currently open for public bidding until TBA, with a minimum retail investment of Rs 1,000 for 1,000 Shares.
The Grey Market Premium (GMP) for Friends Union for Energising Lives (FUEL) IPO is currently awaiting trading updates (last quote: -). The shares are offered in the price band of ₹1.00 - ₹1.00 per share, with a minimum retail investment of ₹1,000 for 1,000 Shares. The public issue is currently open for bidding until TBA.
| Key Metric | Figure | Status / Context |
|---|---|---|
| Current GMP | - | GMP update awaited |
| Est. Listing Price | TBA | TBA |
| Price Band | ₹1.00 - ₹1.00 | SSE IPO |
| Retail Minimum Investment | ₹1,000 | 1 Lot (1,000 Shares) |
| Bidding Window | TBA – TBA | Open |
| Allotment & Listing Dates | Allotment: TBA | Listing: TBA |
Complete IPO information
| IPO Open Date | TBA |
|---|---|
| IPO Close Date | TBA |
| IPO Price Band | ₹1.00 - ₹1.00 |
| Lot Size | 1,000 Shares |
| Current GMP | - |
| Estimated Listing Gain | TBA |
| Issue Size | - |
| Fresh Issue | - |
| Issue Type | SSE |
| IPO Listing | NSE, BSE |
| Retail Quota | TBA |
| Registrar | TBA |
| Overall Subscription | TBA |
| Minimum Investment | ₹1,000 |
| DRHP Draft Prospectus | - |
| RHP Draft Prospectus | - |
IPO Snapshot & Investor Takeaways
At the upper end of its price band, Friends Union for Energising Lives (FUEL) is priced at ₹1 per share. With a minimum lot size of 1,000 shares, a retail investor applying for one lot would need approximately ₹1,000 to participate in this SSE issue.
This issue lists on the Social Stock Exchange (SSE) platform, a segment dedicated to social enterprises and non-profit organizations rather than conventional for-profit listings.
IPO roadmap at a glance
| Event / Milestone | Scheduled Date | Status |
|---|---|---|
| Bidding Opens | TBA | Next Milestone |
| Bidding Closes | TBA | Active |
| Allotment | TBA | Pending |
| Listing | TBA | Pending |
Application size breakdown
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 Lot | 1,000 | ₹1,000 |
| Retail Maximum | 200 Lot | 2,00,000 | ₹2,00,000 |
| S-HNI Minimum | 201 Lot | 2,01,000 | ₹2,01,000 |
| S-HNI Maximum | 1000 Lot | 10,00,000 | ₹10,00,000 |
| B-HNI Minimum | 1001 Lot | 10,01,000 | ₹10,01,000 |
Objects of the Issue & Official Documents
Friends Union for Energising Lives (FUEL) IPO vs other open IPOs
| IPO | Issue price | GMP | Subscribed | Closes |
|---|---|---|---|---|
| Friends Union for Energising Lives (FUEL) This IPO Mainboard | ₹1 | TBA | - | TBA |
| Upstox Compare Mainboard | TBA | TBA | - | TBA |
| Parle Products Compare Mainboard | TBA | TBA | - | TBA |
| MakeMyTrip Compare Mainboard | TBA | TBA | - | TBA |
| Inox Clean Energy Compare Mainboard | ₹10,000 | TBA | - | TBA |
| Travelstack Tech Compare Mainboard | TBA | TBA | - | TBA |
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Friends Union for Energising Lives (FUEL) IPO FAQs
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