Oswal Pumps IPO Last Day: The issue subscribed to 2.84 times to date; The Payment item has been booked 1.52x

Oswal Pumps IPO Last Day: The issue subscribed to 2.84 times to date; The Payment item has been booked 1.52x

Oswal Pumps IPO the previous day: Oswal Pumps Ltd’s Inission Public Offerings (IPO), opened on June 13, 2025, subscribed to the public portrait of the 1:00 shares in 1:00

Non-institutional investors (NIIs) lead the subscription charts to the present, which apply for nearly 3.22 crore share, which translates a strong 9.20 hours of oversubscription to that category. Retail investors also showed

However, participation from qualified institutional buyers (qibs) remained tepid, with approximately 14.14 lakh to offer, indicating a moderate subscription to 0.31 hours. No employee bids recorded category is like the latest update.

Read again:Oswal Pumps Ipo Day 2: Issues booked with 1.61 times; HNI, lead to retail priests

Oswal plumps IPO details

Oswal Pumps, a major manufacturer of solar-powered pumping systems and grids set the price band for IPO 584 to Rs 614 per part. The issue contains a fresh issue of parts worth Rs 890 crore and an offer for sale (ofs) with shareholders.

The total issue of issue is estimated between Rs 1,363 crore and Rs 1,387 crore, depending on the final price. The company is intending for a market capitalization of Rs 6,700 crore at Rs 6,998 post list.

Investors can bid for a minimum of 24 parts equity and the pays after.

Read again:Oswal Pumps IPO: The sudden spike of profit raises red flags, as Anil Singhvi

Oswal Pumps IPO: Should you apply? Here’s what analysts say

Brokerages remain running through long-term company prospects. SBI Securities recommends subscription to the IPO for long-term acquisitions, paid pm Kusum Scheme, which is considered nearly 38% of all Indian government pumps installed in India 2024.

“On the upper band of high price Rs 614, IPO is appreciated at 24.2x P / E and 15.1X entighted it true study, revealed by true study.

Thus, the company also flagged hazards including policy trust and cash flow delays, the company’s detection of projects led by government.

Strong order book supports the view of growth

Today, Oswal Pumps holds a book Order 1,100 crore, about 0.8 hours in annual income in the first nine months of FY25. In addition, the company has a bid pipeline worth Rs 3,200 crore, strengthening the growth of its triangle.

Oswal Pumps IPO: lead managers and registrants

The IIFL Capital Services, the Axis, CLSA in India, is managed by JM, and Nuvama management. IFIME INNIME INDIA (Previous Link to Insime India) acts as the register of issue.

Oswal Pumps: What is the company doing?

Built under ‘Oswal’ Brand, company produced solar and grid-conquers submersible and monoblock pumps, as well as motor power. It is one of the few Indian players who offer end-to-end turnkey solar pumping solutions, from the production of installation.

At times left before the issue, investors watching India push infrastructure have time to bid for a slice pump in the near future.

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