Oswal Pumps IPO is scheduled to open on June 13, 2025, and will close on June 17, 2025. It is a Mainboard IPO expected to raise around ₹1,387.34 crores, comprising a fresh issue of ₹890 crores and an offer for sale of 81,00,000 equity shares.
The Oswal Pumps IPO price band is fixed at ₹584 to ₹614 per share, with a market lot of 24 shares. The shares will be listed on both NSE and BSE.
About Oswal Pumps Ltd
Oswal Pumps is a reputed name in India’s pumping solutions sector, known for manufacturing low-speed monoblock pumps. The company is expanding its innovation by producing solar-powered agricultural pumps, solar modules, and pump controllers, making it one of the leading turnkey solar pumping system providers in India.
With a highly skilled team of engineers and technicians, Oswal Pumps ensures quality and durability in its products by focusing on the right choice of raw materials, which prevents rust and damage. The company’s robust distribution network has grown from 473 in March 2022 to 925 by December 2024, showing solid expansion.
Oswal Pumps IPO GMP Today (Grey Market Premium)
| Date | IPO GMP | GMP Trend | Kostak | Subject to Sauda |
|---|---|---|---|---|
| 13 June | ₹88 | Down | ₹– | ₹1500 |
| 12 June | ₹95 | Up | ₹– | ₹1200 |
| 11 June | ₹95 | Up | ₹– | ₹1200 |
| 10 June | ₹50 | Up | ₹– | ₹– |
| 9 June | ₹33 | Up | ₹– | ₹– |
| 7 June | – | – | ₹– | ₹– |
Oswal Pumps IPO GMP (Grey Market Premium) as of 13 June 2025 is ₹88, with a subject-to-sauda rate of ₹1500. Please note that GMPs are indicative and can fluctuate.
Oswal Pumps IPO Key Details
- IPO Open Date: June 13, 2025
- IPO Close Date: June 17, 2025
- Face Value: ₹1 per equity share
- Price Band: ₹584 – ₹614 per share
- Lot Size: 24 Shares
- Issue Size: Approx ₹1,387.34 Crores
- Fresh Issue: ₹890 Crores
- Offer for Sale (OFS): 81,00,000 Equity Shares
- Issue Type: Book-Building IPO
- Listing At: NSE, BSE
- Retail Quota: Not more than 35%
- QIB Quota: Not more than 50%
- NII Quota: Not more than 15%
Oswal Pumps IPO Timeline
| Event | Date |
|---|---|
| IPO Open Date | June 13, 2025 |
| IPO Close Date | June 17, 2025 |
| Basis of Allotment | June 18, 2025 |
| Refund Initiation | June 19, 2025 |
| Credit to Demat Account | June 19, 2025 |
| Listing Date | June 20, 2025 |
Oswal Pumps IPO Expected Returns
- GMP: ₹88
- Expected Listing Price: ₹702 (based on upper price band + GMP)
