Oswal Pumps IPO GMP - Live Grey Market Premium

Listed
Oswal Pumps IPO

Oswal Pumps is a solar pump manufacturer in India. The company manufactures solar power and grid submersible and monoblock pumps, electric motors, and solar modules under the brand name 'Oswal'. In 2021, the company started offering turnkey solar pumping systems comprising solar-powered agricultural pumps, solar modules, mounting structures, pump controllers, and their installations ('Turnkey Solar Pumping Systems'), under the PM Kusum Scheme. As of Dec 31, 2024, it has executed 38,132 turnkey solar pumping systems for several states i.e., Haryana, Rajasthan, Uttar Pradesh, and Maharashtra.

Issue Price
614
Current GMP
41
GMP %
+6.68
Est. Listing Price
655
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IPO Details

Price Range
₹584.00-614.00
Issue Size
₹1387.34 Cr
Lot Size
24 shares
IPO Type
Mainboard
Open Date
13 Jun 2025
Close Date
17 Jun 2025
Allotment Date
18 Jun 2025
Listing Date
20 Jun 2025

GMP Timeline

DateIPO PriceGMPEst. Price% Change
18 Jun 2025Live
614
55
669
+8.96
17 Jun 2025
614
60
674
+9.77
16 Jun 2025
614
56
670
+9.12
15 Jun 2025
614
45
659
+7.33
14 Jun 2025
614
43
657
+7.00
13 Jun 2025
614
53
667
+8.63
12 Jun 2025
614
71
685
+11.56
11 Jun 2025
614
88
702
+14.33
10 Jun 2025
614
67
681
+10.91
9 Jun 2025
614
50
664
+8.14
8 Jun 2025
614
0
614
0.00
7 Jun 2025
614
0
614
0.00
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Important Notes About Grey Market Premium

Grey Market Premium (GMP) is an unofficial value that indicates investor sentiment before the IPO listing. It is the premium amount at which IPO shares are traded in the grey market before they are officially listed on the stock exchange.

GMP fluctuates based on market conditions and investor sentiment. A positive GMP suggests the market expects the stock to list above its issue price, while a negative GMP suggests it may list below the issue price.

The actual listing price may differ from the estimated price based on GMP due to market conditions on the listing day. GMP is not an official indicator and should not be the sole basis for investment decisions.

IPOwiz updates the GMP values regularly, but these values are sourced from unofficial channels and should be used as a reference only.

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Frequently Asked Questions

What is GMP (Grey Market Premium)?
GMP (Grey Market Premium) is the premium at which IPO shares are traded in the unofficial market before official listing. It indicates market sentiment and expected listing price. A positive GMP suggests strong demand, while negative GMP indicates weak market sentiment.
What is the current GMP for Oswal Pumps IPO?
The current GMP for Oswal Pumps IPO is ₹41. This represents a 6.68% premium over the issue price of ₹614.
What is the estimated listing price based on current GMP?
Based on the current GMP of ₹41 and issue price of ₹614, the estimated listing price for Oswal Pumps IPO is ₹655. However, the actual listing price may differ based on market conditions on 20 June 2025.
How is GMP calculated?
GMP is determined by market demand and supply in the unofficial grey market. It's the difference between the expected listing price and the issue price. Higher GMP indicates strong demand and investor confidence, while lower or negative GMP suggests weak demand.
Is GMP reliable for IPO investment decisions?
GMP provides market sentiment but shouldn't be the sole factor for investment decisions. It's unofficial and can change daily. Consider company fundamentals, financials, market conditions, and your risk appetite before investing. GMP is a reference indicator, not a guarantee.
Can GMP change before listing?
Yes, GMP is highly volatile and can change daily based on market conditions, subscription levels, overall market sentiment, and news about the company. The GMP you see today may be different tomorrow, and it can change until 20 June 2025.
What happens if GMP is negative?
A negative GMP indicates the stock may list below the issue price, suggesting weak market demand. However, actual listing price may differ from GMP predictions, and negative GMP doesn't guarantee a loss.
How does GMP affect IPO subscription?
High GMP often correlates with high subscription rates as investors expect good listing gains. However, this isn't always true. Some IPOs with high GMP may have lower subscription if investors are cautious. GMP reflects market sentiment, which can influence subscription behavior.
What is the estimated profit based on GMP?
For a lot size of 24 shares, the estimated profit based on current GMP of ₹41 is ₹984. This is calculated as: Lot Size × GMP × Number of Lots. Note: This is an estimate and actual listing price may vary.