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Oswal Pumps IPO to Open on Friday; Here's What GMP Signals Ahead of the Issue Launch
- Oswal Pumps mobilized Rs 416.2 crore from anchor investors just before its IPO starts on June 13, 2025, as reported by PTI.
- The IPO consists of a fresh issue of shares valued at Rs 890 crore and an offer-for-sale of 81 lakh shares worth Rs 497.34 crore by promoter Vivek Gupta.
- Oswal Pumps' revenue increased 97 percent to Rs 758.6 crore in FY24, while profit rose to Rs 97.66 crore, according to the company's report.
- The shares are expected to list on the BSE and NSE on June 20, 2025, and the grey market premium is Rs 100, indicating positive investor sentiment.
12 Articles
12 Articles
Oswal Pumps Set for IPO Surge with Rs 1,387 Crore Offering
Oswal Pumps Set for IPO Surge with Rs 1,387 Crore Offering Oswal Pumps has successfully secured Rs 416.2 crore from anchor investors on Thursday, preceding its public share sale. The IPO, set to open on June 13, aims at a total funding of Rs 1,387.34 crore, combining fresh issues and an offer-for-sale by promoter Vivek Gupta.The new funds will bolster the company's growth through capital expenditure, investments in Oswal Solar, and setting up ma…
Oswal Pumps Mobilises Rs 416 Cr from Anchor Investors Ahead of IPO
Get latest articles and stories on Latest News at LatestLY. Oswal Pumps on Thursday mobilised Rs 416.2 crore from anchor investors, a day before its initial share sale opening for public subscription. Latest News | Oswal Pumps Mobilises Rs 416 Cr from Anchor Investors Ahead of IPO.
Oswal Pumps IPO to open soon: Check GMP and other details
Oswal Pumps IPO GMP Today: The initial public offering (IPO) of Oswal Pumps will open for public subscription soon. Ahead of this, the IPO has created quite a buzz because of a significant rise in the shares in the grey market. The healthy grey market premium (GMP) of Oswal Pumps indicates good listing gains. Here are the key details investors must know before applying for the IPO. Oswal Pumps IPO Price Band Oswal Pumps has fixed a price band of…
The Haryana-based company specializes in solar pumping systems. The price band of the IPO has been fixed at Rs. 584-614 per share. Earlier, Oswal Pumps had raised an anchor investment of Rs. 416.20 crore on June 12, which included big names like Societe Generale, BNP Paribas, ICICI Prudential, Aditya Birla Sunlife and Quant MF. The company aims to raise Rs. 890 crore, which includes fresh equity shares and sale of 81 lakh shares (OFS). The compa…
IPO GMP | Oswal Pumps IPO Day 1 Live: Oswal Pumps' Rs 1,387 crore issue opens for subscription
Oswal Pumps IPO IPO GMP Live Updates (13 June 2025): Oswal Pumps, among India's fastest-growing solar pump manufacturers, has launched its ₹1,387 crore IPO for public subscription on June 13, with the issue closing on June 17. The price band has been set at ₹584 to ₹614 per share, and investors can place bids starting from a minimum of 24 shares and in multiples thereafter.
Oswal Pumps mobilises Rs 416 cr from anchor investors ahead of IPO
New Delhi, Jun 12 (PTI) Oswal Pumps on Thursday mobilised Rs 416.2 crore from anchor investors, a day before its initial share sale opening for public subscription.The anchor investors are ICICI Prudential Mutual Fund (MF), Kotak Mahindra MF, Aditya Birla Sun Life MF, Quant MF, Societe Generale, Edelweiss Life Insurance, BNP Paribas, Paris-based asset manager Amundi and financial services company Capital Group, among others, according to a circu…
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