Oswal Pumps IPO to open quickly: Examine GMP and different particulars

Oswal Pumps IPO GMP At present: The preliminary public providing (IPO) of Oswal Pumps will open for public subscription quickly. Forward of this, the IPO has created fairly a buzz due to a major rise within the shares within the gray market. The wholesome gray market premium (GMP) of Oswal Pumps signifies good itemizing positive factors. Listed here are the important thing particulars buyers should know earlier than making use of for the IPO.

Oswal Pumps IPO Value Band

Oswal Pumps has mounted a worth band of Rs 584 to Rs 614 per share for its preliminary public providing (IPO).

Oswal Pumps IPO Subscription Dates

The three-day preliminary share-sale will open for public subscription on June 13. It is going to conclude on June 17.

The IPO is a mixture of a contemporary situation of shares valued at Rs 890 crore and an offer-for-sale (OFS) of 81 lakh shares price Rs 497.34 crore, on the higher finish of the value band, by promoter Vivek Gupta.

Oswal Pumps IPO: E-book-Operating Lead Managers

IIFL Securities, Axis Capital, CLSA India, JM Monetary, and Nuvama Wealth Administration are the book-running lead managers to the difficulty.

Oswal Pumps IPO Allotment Date

The premise of allotment of shares is predicted to be finalised on June 18, 2025.

Oswal Pumps IPO Shares Itemizing Date

The shares of Oswal Pumps are anticipated to be listed on the BSE and NSE. The tentative itemizing date as of now could be June 20, 2025.

Oswal Pumps IPO GMP At present

Oswal Pumps’ preliminary public providing (IPO), as of Wednesday, instructions a wholesome gray market premium (GMP) of Rs 100.

Contemplating the higher worth band of Rs 614, the shares of the Oswal Pumps are anticipated to listing at Rs 714, marking a premium of over 16.28 per cent, as per the InvestorGain web site. Excessive GMP implies that buyers are able to pay above the IPO worth and signifies optimistic sentiment for the difficulty forward of the launch.

Nonetheless, buyers should notice that the GMP typically fluctuates all through the bidding course of. 

(This text is for informational functions solely and shouldn’t be construed as funding, monetary, or different recommendation.)