The floor price is 584 times the face value of the right shares and the cap price is 614 times the face value of the right shares. Oswal pumps iPo lot size is 24 equity shares and in multiples of 24 equity shares there.
Oswal pumps iPo has reserved not more than 50% of the shares in the public issue for Qualified Institute Buyers (QIB), Not Less Than 15% For Non-Non-Institutional Investors (NII), and not leasts Offer is reserved for retail investors.
Tentatively, oswal pumps iPo Basis of Allotment of Shares will be finalized on Wednsday, June 18, and the company will initiate refunds on Thursday, June 19, June 19, While The Shares will be credited to the demat Account of allottes on the same day following refund. Oswal pumps share price is likely to be listed on bse and nse on Friday, June 20.