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Oswal Pumps' IPO Receives 42% Subscription on 1st Day of Offer

Hindustan Times Rajasthan

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June 14, 2025

The initial share sale of Oswal Pumps received 42% subscription on the first day of bidding on Friday.

- Press Trust of India

NEW DELHI:

The IPO received bids for 67,83,552 shares, as against 1,62,12,980 shares on offer, as per data available with the NSE.

The Non-Institutional Investors portion fetched 79% subscription, while the Retail Individual Investors (RIIs) category got subscribed 45%. The quota for Qualified Institutional Buyers (QIBs) received 8% subscription.

Oswal Pumps on Thursday mopped up ₹416.2 crore from anchor investors.

The initial public offering (IPO) will conclude on June 17.

MEER VERHALEN VAN Hindustan Times Rajasthan

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