Archive · 14 Jun 2025
Oswal Pumps IPO: Launch, Subscription Status, and Expert Analysis
Oswal Pumps, a company making pumps, is offering shares to the public for the first time through an IPO.
The IPO started on June 13 and will end on June 17.
The price per share is between ₹584 and ₹614.
Investors need to buy at least 24 shares at a time.
So far, the IPO has received moderate interest.
Experts recommend buying the shares as they see potential for growth in the company.
Oswal Pumps launched its IPO on June 13, aiming to raise ₹1,387.34 crore.
The IPO comprises a fresh issue of ₹890 crore and an offer for sale of ₹497.34 crore.
The price band for the IPO is set between ₹584 and ₹614 per share.
The IPO has been subscribed 42% on the first day of bidding.
Market experts recommend subscribing to the IPO for long-term investment.
- Who
- Oswal Pumps, investors, and various lead managers and registrars are involved.
- What
- Oswal Pumps launched an IPO to raise ₹1,387.34 crore through a mix of new and existing shares.
- When
- The IPO subscription period began on June 13 and ends on June 17; the listing date is expected on June 20.
- Where
- The IPO pertains to the Indian financial market.
- Why
- The IPO is intended to allow Oswal Pumps to raise capital and marks a growth step for the company.
- IPO Type
- Mainboard IPO
- Fresh Issue
- ₹890 crore
- Offer for Sale (OFS)
- ₹497.34 crore
- Price Band
- ₹584 to ₹614 per share
- Minimum Lot
- 24 shares
- Subscription Status (Day 1)
- 42%
- GMP
- ₹40
