Archive · 17 Jun 2025
Oswal Pumps IPO Subscribed 34.42 Times on Final Day
Oswal Pumps, a company that makes and sells pumps, had an IPO.
This means they sold shares to the public to raise money.
People wanted to buy the shares, and the IPO was oversubscribed.
The IPO raised a large amount of money.
Investors, especially big ones, showed a lot of interest.
The shares will be listed soon.
The company will use the money to expand the business and launch new products.
Oswal Pumps IPO closed with a subscription of 34.42 times on its final day, June 17, 2025.
The IPO includes a fresh issue of 1.45 crore shares and an offer-for-sale of 0.81 crore shares.
The company aims to raise ₹1,387.34 crore from the IPO.
Qualified Institutional Buyers (QIBs) subscribed the most, at 88.08 times.
Oswal Pumps is a Haryana-based manufacturer and distributor of pumps.
- Who
- Oswal Pumps and investors.
- What
- Oswal Pumps IPO subscription status.
- When
- The IPO closed on June 17, 2025.
- Where
- India
- Why
- To raise capital through an IPO.
- Company
- Oswal Pumps Limited
- IPO Close Date
- June 17, 2025
- Total Raise
- ₹1,387.34 crore
- QIB Subscription
- 88.08 times
- Overall Subscription
- 34.42 times
Sources
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