
When Will Oswal Pumps IPO Allotment Be Out? A Step-By-Step Guide To Check Status Online, Latest GMP
Oswal Pumps IPO Allotment Status: Even as the Oswal Pumps IPO has concluded with a strong 34.42 times subscription, all eyes are on its allotment, which is expected to be finalised today, June 18, in the evening. Once the basis of allotment is finalised, investors will start receiving bank debit messages. They can also check the allotment status on websites of the BSE, the NSE and registrar Link Intime.
The Oswal Pumps IPO allotment will take place on today, June 18. The IPO allotment status can be checked online by following these steps:
1) Go to the official BSE website via the URL — https://www.bseindia.com/investors/appli_check.aspx.
2) Under 'Issue Type', select 'Equity'.
3) Under 'Issue Name', select 'Oswal Pumps Ltd' in the dropbox.
4) Enter your application number, or the Permanent Account Number (PAN).
5) Then, click on the 'I am not a robot' to verify yourself and hit the 'Search' option.
Your share application status will appear on your screen.
You can also visit directly on the registrar Link Intime's portal — https://in.mpms.mufg.com/Initial_Offer/public-issues.html and check the Oswal Pumps IPO allotment status.
According to market observers, unlisted shares of Oswal Pumps Ltd are currently trading at Rs 674 apiece in the grey market, which is a 9.77 per cent premium or GMP over the upper IPO price of Rs 614. It indicates listing gains for investors on June 20, the tentative listing date.
The GMP is based on market sentiments and keeps changing. 'Grey market premium' indicates investors' readiness to pay more than the issue price.
Oswal Pumps IPO Listing Date
The shares of Oswal Pumps Ltd will be listed on both BSE and NSE on June 20, 2025.
Oswal Pumps IPO: Final Subscription Status, Other Details
The IPO is a combination of a fresh issue of shares valued at Rs 890 crore and an offer-for-sale (OFS) of 81 lakh stocks worth Rs 497.34 crore at the upper end of the price band, by promoter Vivek Gupta. This aggregates the issue size at Rs 1,387.34 crore.
The initial public offering was open for subscription between June 13 and June 17. The Rs 1,387.34-crore mainboard IPO received a strong 34.42 times subscription, garnering bids for 55,80,42,696 shares as against 1,62,12,980 shares on offer.
The retail and NII participation stood at 3.60 times and 36.70 times, respectively. Its qualified institutional buyer (QIB) category got a 88.08 times subscription.
The IPO received subdued response on Day 1 and Day 2 with 0.42 times and 1.65 times subscriptions, respectively. However, it received a massive response on the final day of bidding amid higher participation from NIIs (who invest more than Rs 2 lakh) and QIBs (which include mutual funds).
The price band was fixed in the range of Rs 584-614 apiece.
Most analysts gave 'subscribe for long-term' rating to the IPO.
They said Oswal Pumps is one of India's fastest-growing names in solar-powered solutions, and reported a CAGR of 45.1% between FY22 and FY24. The company is expected to grow at a rate of 11% in the next five years.
However, the analysts also mentioned some risks, including the company's dependent on its top-10 customers (who account for nearly 80% of revenue from operations), government funding changes or policy changes (as the significant portion of Oswal Pumps' revenue is derived from turnkey solar pumping systems under PM-KUSUM), and the concentration of all of its manufacturing facilities at one place (Karnal, Haryana).
The company recorded one of the highest EBITDA margins among peers in FY24 (30.1% in 9MFY25), up from 10.7% in FY22, showcasing clear operating leverage gains. However, competition from established peers and its dependency on tenders for its revenue, remain key risk factors to consider.
Oswal Pump's competitors include Kisloskar Brothers, Shakti Pumps, WPIL, and Roto Pumps.
Oswal Pumps plans to utilise the IPO proceeds for capital expenditure (Rs 89.86 crore), investment in subsidiary Oswal Solar for new units in Karnal (Rs 272.76 crore), repayment of company borrowings (Rs 280 crore), repayment of Oswal Solar's loans (Rs 31 crore), and towards general corporate purposes.
top videos
View all
IIFL Securities, Axis Capital, CLSA India, JM Financial, and Nuvama Wealth Management are the book-running lead managers to the issue.
Oswal Pumps Limited, founded in July 2023, manufactures a wide range of pumps and related products for domestic, agricultural, and industrial use.
tags :
initial public offering (IPO) IPO
Location :
New Delhi, India, India
First Published:
June 18, 2025, 10:55 IST
News business » ipo When Will Oswal Pumps IPO Allotment Be Out? A Step-By-Step Guide To Check Status Online, Latest GMP

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


India Today
24 minutes ago
- India Today
Brigade Hotel Ventures IPO allotment: Step-by-step guide to check status
The share allotment for Brigade Hotel Ventures IPO is expected to be finalised on Tuesday, July 29, 2025. The public issue, which opened for subscription on July 24 and closed on July 28, received a decent response from investors across to stock exchange data, the IPO was subscribed 4.76 times overall. The retail investor portion was subscribed 6.83 times, while the Qualified Institutional Buyer (QIB) category was subscribed 5.74 times. The Non-Institutional Investor (NII) portion saw a 2.03 times subscription by the close of bidding on July who applied for shares can check their allotment status either on the Bombay Stock Exchange (BSE) website or through the portal of KFin Technologies Limited, the official registrar for this TO CHECK ALLOTMENT STATUS ON BSEGo to the BSE IPO allotment status "Equity" under the Issue "Brigade Hotel Ventures IPO" from the Issue Name your Application your PAN Card the captcha on "Search" to see your allotment KFIN TECHNOLOGIESVisit the IPO status section on KFin Technologies' official "Brigade Hotel Ventures IPO" from the a method to check your status: Application Number, Demat Account Number, or Application Type – ASBA or the details as the "Submit" to view your GMP AND EXPECTED LISTINGAs of July 29, 2025, the last updated Grey Market Premium (GMP) for Brigade Hotel Ventures IPO stands at Rs 0. Based on the price band of Rs 90, the estimated listing price is also Rs 90. This means there is currently no expected gain or loss per share on Hotel Ventures is expected to be listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). The tentative listing date is Thursday, July 31, 2025.- Ends


Time of India
24 minutes ago
- Time of India
CM Sai courts steel investors in Chhattisgarh, promises incentives and support
Advt Advt Chief Minister Vishnu Deo Sai on Monday urged steel entrepreneurs from across India to set up their production units in Chhattisgarh, highlighting the incentives offered under his government's new Industrial Policy and the state's rich mineral the ' Green Steel and Mining Summit ' organised by the Confederation of Indian Industry (CII) for its eastern region in Raipur, he emphasised Chhattisgarh's potential as a future hub for green steel manufacturing."Our government's new industrial policy places a special focus on the steel sector. Entrepreneurs engaged in green steel production will receive dedicated grants under this policy," Sai noted that under Prime Minister Narendra Modi's leadership, India has doubled its steel production capacity from 100 million tonnes to 200 million tonnes in the last 10 years with a national target of reaching 300 million tonnes by 2030."In line with this vision, Chhattisgarh aims to raise its own steel production capacity from 28 million tonnes to 45 million tonnes with all groundwork already completed," the CM BJP leader underscored that Chhattisgarh's abundant mineral resources and well-developed infrastructure provide a strong foundation for industrial expansion."This growth will boost the state economy and generate employment at the grassroots level. We are fully committed to maximizing job creation through the manufacturing sector," he CM told the gathering that "Chhattisgarh Anjor Vision @ 2047", a roadmap, has been prepared to align with the national goal of Viksit Bharat @2047", which aims to make India a developed nation in 22 years from 'Anjor Vision' document outlines a phased development strategy with manufacturing identified as the core focus area, especially steel and power, the backbone industries of Chhattisgarh, he Railway infrastructure in the state has been significantly enhanced, and rapid construction is underway to further strengthen the network. The expansion includes ongoing projects worth Rs 47,000 crore. New routes, such as Rowghat-Jagdalpur line and Kirandul to Kothagudem line in Telangana (138 km of which will pass via Bastar), are being developed, the CM a new Railway corridor from Kharsia in Raigarh to Parmalkasa in Rajnandgaon will streamline the supply of raw materials and distribution of finished goods, significantly reducing production costs, he informed the state's new Industrial Policy features a single-window clearance system and over 350 reforms to improve the ease of doing business, Sai CM declared that industries adopting green energy solutions will receive additional support, including special corridors are being developed at a rapid pace, and new industrial parks are being established in the state. The government is offering special grants to private players to set up these parks, he CM urged entrepreneurs present at the summit to invest in Chhattisgarh and set up their units in the informed them about plans to develop a large steel cluster in the proposed State Capital Region that includes Raipur, Durg, and than 250 industrial representatives from five states - West Bengal, Odisha, Jharkhand, Bihar, and Chhattisgarh - attended the explored industrial prospects in Chhattisgarh and held fruitful discussions, a release said.


Hans India
an hour ago
- Hans India
Key indices slip to 2-mth low
Mumbai: Falling for the third straight session on Monday, benchmark Sensex tumbled by 572 points to close at nearly a two-month low due to heavy selling in Kotak Mahindra Bank, forex outflows and uncertainty related to the India-US trade deal. The 30-share BSE barometer tanked 572.07 points or 0.70 per cent to settle at 80,891.02, a level not seen since June 4. During the day, it slumped 686.65 points or 0.84 per cent to 80,776.44. The 50-share NSE Nifty declined 156.10 points or 0.63 per cent to close at a nearly two-month low of 24,680.90. As many as 35 Nifty shares declined, and 15 advanced. Analysts said disappointing quarterly results and continued selling by FIIs dragged stock markets down for the third session in a row. Nifty has tanked over 2 per cent or 539 points while Sensex retreated by 1,835 points or 2.2 per cent to trade at near two-month low levels. Among Sensex firms, Kotak Mahindra Bank tumbled the most by 7.31 per cent after the company reported a consolidated net profit of Rs 4,472 crore for the June quarter, and flagged stress on the retail commercial vehicle portfolio due to adverse macroeconomic conditions. The profit in the year-ago period was Rs 7,448 crore, but it had included gains of over Rs 3,000 crore on its stake sale in the general insurance arm, while the net profit for the March quarter stood at Rs 4,933 crore. Bajaj Finance dropped 3.64 per cent amid asset quality concerns, while Bharti Airtel fell by 2.35 per cent. Tata Consultancy Services dropped 1.76 per cent amid reports that the IT major has decided to lay off over 12,000 employees. Sources said that the IT Ministry is keeping a close watch on the entire situation and is in touch with the tech company over the matter. Titan, HCL Tech and State Bank of India were also among the laggards. However, Hindustan Unilever, Asian Paints, ICICI Bank, Power Grid, HDFC Bank and ITC were the gainers. 'Domestic market sentiment has remained cautious, weighed down by a disappointing set of Q1 earnings, delays in the India-US trade agreement, and continued FII outflows. In contrast, global markets remain broadly positive, supported by US-EU trade developments that are perceived as less concerning than anticipated. 'The upcoming monetary policy decisions from the Fed and BoJ, along with the trajectory of domestic quarterly earnings, are expected to play a pivotal role in shaping market direction in the near term,' Vinod Nair, Head of Research, Geojit Investments Limited, said. The BSE smallcap gauge tumbled 1.31 per cent and midcap index fell by 0.73 per cent. Among BSE sectoral indices, realty tanked 4.11 per cent, followed by telecommunication (1.56 per cent), capital goods (1.49 per cent), BSE industrials (1.40 per cent), teck (1.21 per cent) and metal (1.06 per cent).