Overview

• The allotment has been finalised and Oswal Pumps shares will debut on BSE and NSE on June 20.
• The IPO raised ₹1,387.34 crore at a price band of ₹584–614 per share, closing on June 17.
• Qualified institutional buyers subscribed 88.08 times, non-institutional investors 36.70 times and retail investors 3.60 times.
• Unlisted shares trade at ₹667 in the grey market, reflecting an 8.63% premium to the issue price.
• Proceeds are earmarked for capital expenditure, expansion of Oswal Solar, debt repayment and general corporate purposes.