The final day of the much-anticipated Oswal Pumps IPO is finally here, and if youve been sitting on the fence, now’s your last chance to jump in. With a massive issue size and growing investor interest, the buzz around the Oswal Pumps IPO GMP today is real. So, whats cooking on Day 3? Whats the market sentiment like? And more importantly, is it worth your money?
Lets break it all down in a friendly, easy-to-understand wayjust like were chatting over coffee.
Whats the Big Deal About the Oswal Pumps IPO?
To put it simply, this IPO is no small fry. We’re talking about a ¹1,387.34 crore issue, which includes a fresh issue of ¹890 crore and an offer for sale (OFS) component worth ¹497.34 crore. That’s some serious dough!
This kind of scale instantly puts Oswal Pumps on the radar for both seasoned investors and retail newbies. The IPO opened on June 13, 2025, and today, June 17, is the last day to get in on the action.
Important Dates to Remember
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IPO Opened: June 13, 2025
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IPO Closes: June 17, 2025 (Yes, that’s today!)
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Allotment Date: June 18, 2025
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Tentative Listing Date (BSE & NSE): June 20, 2025
Set those reminders if youve already applied or planning to hit “apply” in the next few hours.
Subscription Status on Day 3: Whos Interested?
As of 10:12 AM on June 17, the subscription numbers looked like this:
| Investor Category | Subscription (Times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | 0.28x |
| Non-Institutional Investors (NIIs) | 6.63x |
| Retail Individual Investors (RIIs) | 1.26x |
| Total | 2.15x |
So, what’s the vibe here? Clearly, Non-Institutional Investors are loving it. They’ve oversubscribed their portion by a healthy margin, while the retail crowd is showing cautious interest.
But heres the thing: QIBs usually swoop in at the last minute. So dont let the early numbers fool you.
Lets Talk GMP Whats the Grey Market Saying?
Now, this is the part everyone’s whispering about Whats the Oswal Pumps IPO GMP today?
As per the latest updates on June 17, 2025, the Grey Market Premium (GMP) stands at ¹60.
That translates to an expected listing price of ¹674 a 9.77% gain over the upper price band. Not bad for a debut, right?
But remember, GMP is an unofficial indicator. Its kind of like guessing the weather without checking the forecast. Fun to watch, but not the only thing to base your decision on.
Disclaimer: GMP is based on unofficial market sources and doesn’t guarantee returns. Always DYOR (Do Your Own Research)!
Where Will the Money Go?
Good question! The funds raised from the fresh issue will be used for:
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Capital expenditure to expand manufacturing capabilities
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General corporate purposes
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Repayment and prepayment of certain borrowings
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Investment in Oswal Solar, a 100% subsidiary, for setting up a new unit and debt reduction
In short, theyre using the funds to scale operations and strengthen their foundation, especially in the solar segment.
A Quick Look at Oswal Pumps as a Business
Founded in 2003 and headquartered in Karnal, Haryana, Oswal Pumps Limited isnt new to the game. The company has carved out a strong niche in solar-powered and grid-connected pumping systems.
Their product range includes:
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Solar Pumps
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Submersible Pumps
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Monoblock Pumps
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Pressure Pumps
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Sewage Pumps
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Electric Motors
These are used across agriculture, domestic, and industrial applicationsso its not a one-trick pony. Plus, the focus on solar technology makes it future-ready.
Whos Managing This IPO?
The book-running lead managers for this issue are some big names:
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IIFL Capital Services
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Axis Capital
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CLSA India
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JM Financial
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Nuvama Wealth Management
And the registrar? Its MUFG Intime India Pvt Ltd (previously known as Link Intime India). In other words, this IPO is in capable hands.
Should You Consider Investing?
If you’re someone who believes in Indias renewable energy story, and you’re looking for exposure to green-tech manufacturing, then Oswal Pumps could be a solid addition to your portfolio.
Heres what you might like:
Growing demand for solar-powered solutions
Diverse product portfolio
Use of proceeds for expansion, not just debt clearance
Strong investor interest from the non-institutional segment
But heres a reality check too:
L QIB participation is still lukewarm (so far)
L GMP is modest, not crazy high
L IPOs are inherently risky
So, ask yourself: Are you in for the long game or just eyeing listing gains?
Final Thoughts on the Oswal Pumps IPO GMP Today
With subscription numbers ticking up, a buzz in the grey market, and a solid business model rooted in sustainable tech, Oswal Pumps is certainly making waves.
Still, like every investment, it’s got its pros and cons. The Oswal Pumps IPO GMP today gives a peek into market sentiment, but dont let it be your only guiding light.
Your strategy matters. Whether you’re in for the thrill of listing day or holding long-term, make sure your decision aligns with your goals.
Conclusion
So, there you have iteverything you need to know about the Oswal Pumps IPO GMP today, wrapped up in a crisp, no-nonsense package. If you’ve been thinking of applying, nows the time. And if youre still unsure, go back to your investing basics: research, risk appetite, and reason.
Remember, IPOs can feel like the stock markets version of a flash saleyou don’t want to miss out, but you also don’t want to impulse buy.
