
Oswal Pumps IPO: Oswal Pumps plans to Rs 890 crore IPO to pay off debt, expand capital expenditure
Intelligence Group Group: Oswal Pumps, a POMA manufacturer, planning to raise an issue with new debt payments, and for Capital spending. It will build another ₹ 497 crore by an offer for sale. The promoter group stake falls 80% after IPO from 100%. The company shows the traction of income in the past three years….