The basis of allotment for Oswal Pumps IPO will be announced today, 18 June 2025. The bidding window was open from June 13, 2025, to June 17, 2025, during which the IPO received 55,80,42,696 bids against 1,62,12,980 total shares offered.
Oswal Pumps IPO is a bookbuilding issue of ₹1,387.34 crores, consisting of a fresh issue of ₹890.00 crores and an OFS (offer for sale) component of ₹497.34 crores. The price band is set between ₹584 and ₹614 per share.
[17 June, 2025, End of the day]
Investor Category |
Subscription (Times) |
Qualified Institutional Buyers(QIBs) |
88.08 |
Non-Institutional Investors |
36.70 |
Retail Individual Investors(RIIs) |
3.60 |
Total |
34.42 |
The net proceeds from the fresh issue will be used towards the following objectives:
As of 18 June 2025, Oswal Pumps IPO GMP stood at ₹60. The expected listing price is ₹674, i.e., a 9.77% gain per share over the upper price band.
Source: Business Standard Report dated 18 June, 2025 Disclaimer: The GMP (Grey Market Premium) price is an unauthenticated market related news and has no discernible basis. The same quoted above is as per news appeared in the media report and is for information purposes only. The investor shall do their own study/research before using the same for taking any decision to invest. We neither engage in, trade, or deal in the grey market nor we recommend or endorse trading in the grey market. |
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