The Initial Public Offering (IPO) of Oswal Pumps Ltd, a leading name in the compressors and pumps sector, has attracted significant investor interest as it enters the final day of bidding today. The IPO, listed under the Mainboard segment and categorized as a Small Cap, has already recorded an overall subscription of 1.58 times by Day 2.
IPO Details at a Glance:
- Price Band: ₹584 – ₹614 per share
- Lot Size: 24 shares
- Minimum Investment: ₹14,016 (1 lot)
- Maximum Investment for Retail Investors: ₹1,91,568 (13 lots)
- Total Issue Size: ₹1,387.34 crore
- Offer Type: Book Building
- Retail Discount: ₹0
Key Dates:
- IPO Opened: June 13, 2025
- IPO Closes: June 17, 2025 (Today)
- Basis of Allotment: June 18, 2025
- Listing Date: Expected on June 20, 2025
Investor Response So Far:
The IPO has garnered healthy demand from both retail and HNI investors, reflecting strong confidence in the company’s fundamentals and sector potential. The current subscription rate of 1.58x suggests growing momentum as the deadline nears.
About the Company:
Oswal Pumps Ltd is a prominent player in the compressors and pumps industry, with a strong distribution network and a focus on manufacturing efficiency. The IPO proceeds are expected to be used for business expansion, working capital requirements, and general corporate purposes.
Should You Subscribe?
Market analysts are closely watching the final subscription data. Given the company’s niche presence in an essential industry and positive subscription figures, the IPO is being viewed as a promising opportunity, especially for long-term investors. However, as always, investors should evaluate their risk appetite and consult with financial advisors before making investment decisions.
Disclaimer: This article is for informational purposes only and should not be considered as investment advice.
