Oswal pumps iPO: The allotment of shares of Oswal Pumps IPO has been dismissed on June 18. Investors can check their allotment status on BSE, NSE and Registrar Link Inteime websites. Now everyone’s eyes are on its listing, which is going to be held on June 20. Let us tell you what is the latest GPO’s latest Gmp.
Check allotment status like this
Go to BSE website: https://www.bseindia.com/investors/appli_check.aspx
Under the ‘Issue Type’, choose ‘Equity’.
Under the ‘Issue Name’, choose ‘Oswal Pumps Limited’ in Dropbox.
Enter your application number or permanent account number (PAN).
Then, click on ‘I am not a robot’ to verify yourself and click on the ‘Search’ option.
Your share application status will appear on your screen.
You straight Registrar Link Inteime Portal https://in.mpms.mufg.com/initial_offer/public-sues.html Can also go but Oswal pumps can check IPO allotment status.
Oswal pumps IPO got 34.42 times subscription
The Oswal Pumps IPO was open for subscription from 13 June to 17 June. This mainboard IPO of ₹ 1,387.34 crore received 34.42 times subscription, with bids for 55,80,42,696 shares against 1,62,12,980 shares. Retail and non-institutional investors bid 3.60 times and 36.70 times respectively. At the same time, QIB quota received 88.08 times subscription.
The IPO received a low response with 0.42 times and 1.65 times subscription on the first day and the second day. However, on the last day of the bid, NII and QIB received it tremendous response. The price band of this IPO was fixed at ₹ 584-614 per share. IIFL Securities, Axis Capital, CLSA India, JM Financial and Nuwama Wealth Management are book-hanging lead managers for this issue.
What is the latest GMP?
According to IPO Market Experts, unlisted shares of Oswal Pumps Limited are currently trading at ₹ 667 per share in the gray market, which shows 8.63 percent GMP on an IPO upper price band of ₹ 614. The shares of Oswal Pumps Limited will be listed on both BSE and NSE on 20 June 2025.
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