Oswal Pumps IPO GMP - Live Grey Market Premium
Ongoing
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.
IPO Details
GMP Timeline
| Date | IPO Price | GMP | Est. Price | % Change |
|---|---|---|---|---|
6 May 2025Live | 614 | 1 | 613 | -0.16 |
5 May 2025 | 614 | 1 | 613 | -0.16 |
4 May 2025 | 614 | 0 | 614 | 0.00 |
3 May 2025 | 614 | 0 | 614 | 0.00 |
2 May 2025 | 614 | 2 | 612 | -0.33 |
1 May 2025 | 614 | 2 | 612 | -0.33 |
30 Apr 2025 | 614 | 0 | 614 | 0.00 |
29 Apr 2025 | 614 | 0 | 614 | 0.00 |
28 Apr 2025 | 614 | 0 | 614 | 0.00 |
27 Apr 2025 | 614 | 0 | 614 | 0.00 |
26 Apr 2025 | 614 | 0 | 614 | 0.00 |
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.