Oswal Pumps IPO IPO Subscription Status
The Oswal Pumps IPO IPO closed on 17 June 2025 with an overall subscription of 28.44x based on shares applied.
Allotment will be finalised on 18 June 2025. The stock is scheduled to list on NSE and BSE on 20 June 2025.
Issue Price
Rs 614.00
GMP Today
Rs 41.00 (+6.68%)
Overall Subscription
28.44x
Issue Size
₹1387.34 Cr
Allotment Date
18 Jun 2025
Listing Date
20 Jun 2025
What Do These Subscription Numbers Mean?
A subscription of 28.44x means the IPO received bids for 28 times the number of shares available. For every 28 applications, only 1 can receive an allotment.
Here is what each category number tells you:
Oswal Pumps IPO IPO Allotment Chances
Based on the final subscription data, here is a realistic view of allotment probability by category.
QIB Category: QIB allotment is discretionary and handled by the book running lead managers. Retail investors do not participate in this category.
Check the Oswal Pumps IPO IPO Allotment Status page from 18 June 2025 for your allotment result.
Oswal Pumps IPO IPO GMP After Subscription
GMP for Oswal Pumps IPO stands at Rs 41.00 today, giving an estimated listing price of Rs 655.00 per share.
A subscription of 28.44x combined with a GMP of 6.68% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Oswal Pumps IPO IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Oswal Pumps IPO IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 13 June 2025 |
| IPO Close Date | 17 June 2025 |
| Allotment Date | 18 June 2025 |
| Refund Initiation | 19 June 2025 |
| Share Credit to Demat | 19 June 2025 |
| Listing Date | 20 June 2025 |
| Minimum Investment | Rs 14,736.00 |
| Lot Size | 24 shares |
About 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.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
Retail - Retail Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Oswal Pumps IPO IPO Subscription FAQs
What is the current subscription status of Oswal Pumps IPO?
Oswal Pumps IPO IPO closed on 17 June 2025 with an overall subscription of 28.44x based on shares applied. QIB subscribed N/A, NII N/A, and retail N/A.
What are the allotment chances for retail investors?
Retail allotment chances depend on final oversubscription. Allotment is by lottery when retail subscription exceeds 1x.
When will Oswal Pumps IPO allotment be finalised?
Allotment will be finalised on 18 June 2025. You can check your allotment status on the Oswal Pumps IPO IPO Allotment Status page from that date.
What happens after subscription closes?
After the subscription closes, the registrar processes all applications and finalises allotment on 18 June 2025. Refunds for unsuccessful applications are typically initiated before listing. Shares are credited to demat accounts before the listing date on 20 June 2025.
Can I apply after subscription closes?
No. The subscription window closed on 17 June 2025. All applications must be submitted during the open period. Late applications are rejected automatically.
What is the difference between QIB, NII, and Retail subscription?
QIB includes institutional investors such as mutual funds, FIIs, and banks. NII includes high net worth individuals applying above Rs 2 lakh. Retail includes individual investors applying up to Rs 2 lakh. Each category has separate reservation and different allotment rules.
How does subscription affect allotment chances?
Higher oversubscription means fewer applicants receive allotment. In the retail category, allotment is by lottery. In the NII category, allotment is proportional. At 28.44x overall subscription, competition for shares is high.
What is the issue size and lot size for Oswal Pumps IPO?
Issue size is ₹1387.34 Cr. Lot size is 24 shares. Minimum investment at the issue price of Rs 614.00 is Rs 14,736.00 per lot.
For allotment results from 18 June 2025, visit the Oswal Pumps IPO IPO Allotment Status page. For listing day updates on 20 June 2025, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.