Oswal pumps IPO subscribed 34.42 times on day 3; Check Latest Gmp, Subscription Status, Other Details

Haryana-Based Manufacturer and Distributor of Pumps, Oswal Pumps Limited’s Initial Public Offering (IPO) received a Strong Response on the Final Day of the Public Subscription. The issue was subscribed 34.42 times on the third day as the bidding closed on tuesday, 17 June 2025.

The company offered a book-built issue consisting of a fresh issue of 1.45 Crore Shares, Amouning to 890 Crore, and An Offer-For-Sale (ofs) of 0.81 Crore Shares, Amouning to 497.34 Crore. The company plans to raise 1,387.34 Crore from the Indian Stock Market.

Out of the three bidding segments, the Qualified Institute Buyers (QIBS) subscribed to the IPO the most, coming in at 88.08 times, as investors bid for 40,01,176,176 or 40.01 crus Shares compared to the 45,43,116 shares on offer.

(This is a development story. Please check back for updates.)

Read all stories by Anubhav mukherjee

Disclaimer: This story is for educational purposes only. The views and recommendations about individual analysts or broking companies, not mint. We Advise Investors to Check With Certified Experts Before Making Any Investments Decisions.