What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Oswal Pumps Limited IPO?

Oswal Pumps Limited IPO has received a total subscription of 35.28 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Oswal Pumps Limited

ListedMainboard

Capital Goods / Industrial Equipment · NSE / BSE

Oswal Pumps Limited, established in 2003, is a company that manufactures and distributes a wide range of pumps and related products for domestic, agricultural, and industrial use. Their product lineup includes solar pumps, submersible pumps, monoblock pumps, pressure pumps, sewage pumps, electric motors, submersible winding wires and cables, and electric panels. By August 31, 2024, the company had completed orders for 26,270 turnkey solar pumping systems under the PM-KUSUM Scheme across states like Haryana, Rajasthan, Uttar Pradesh, and Maharashtra. Their manufacturing facility is located in Karnal, Haryana, covering a total area of 41,076 square meters as of March 31, 2024. The company has been expanding its distribution network in India, growing from 473 distributors in March 2022 to 636 distributors by March 2024. Between April 1, 2021, and March 31, 2024, Oswal Pumps also exported its products to 17 countries across the Asia-Pacific, Middle East, and North Africa regions.As of March 31, 2024, the company employed a total of 164 people.

Price Band

₹584 – ₹614

Issue Size

₹1387 Cr

Lot Size

24 shares

GMP

₹41

+6.7%

Est. Listing

₹655

at current GMP

Subscribed

35.28x

overall

Open

13 Jun 2025

17 Jun 2025

Allotment

18 Jun 2025

Refund

19 Jun 2025

Demat Credit

20 Jun 2025

Listing

20 Jun 2025

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

35.28x

Total Demand

QIB Multiplier

88.55x

Institutions & Funds

NII / HNI

37.91x

High Net-Worth

Retail (RII)

3.72x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 35.28x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	4,519,024	400,138,176	88.55x
NIB	3,389,267	128,470,944	37.91x
HNIs(10L +)	2,259,511	102,183,216	45.22x
HNIs (2-10L)	1,129,756	26,287,728	23.27x
RETAIL	7,908,290	29,433,576	3.72x
Total	19,205,848	686,513,640	35.28x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 3.44x

Category	Applications Reserved	Applications Received	Times Subscribed
RETAIL	329,512	1,030,628	3.13x
HNIs(10L +)	6,725	61,614	9.16x
HNIs (2-10L)	3,362	76,006	22.61x
Total Applications	339,599	1,168,248	3.44x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Oswal Pumps Limited Public Issue & Market Profile

Oswal Pumps Limited is bringing an initial public offering (IPO) in the Capital Goods / Industrial Equipment sector with an aggregate issue size of ₹1,387.34 Crores. The shares are offered at a price band of ₹584 to ₹614 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.

Bidding & Quota Instructions:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 24 shares (approx. ₹14,736 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Allotment Reconciliation Schedule:

Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-06-20, while un-allotted funds or UPI block mandates will be released on 2025-06-19.

Frequently Asked Questions

What is Oswal Pumps Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Oswal Pumps Limited IPO is ₹41 per equity share. Based on the upper price band of ₹584 to ₹614 per equity share, the estimated listing price is ₹655 (+6.7% expected listing gain).

What is the expected profit per lot for Oswal Pumps Limited IPO?

With a lot size of 24 shares and current GMP of ₹41, the expected profit per application lot is approx ₹984 (+6.7% gain). Minimum application cost is approx ₹14,736.

What is the issue size and price band for Oswal Pumps Limited IPO?

The Oswal Pumps Limited IPO aggregate issue size is ₹1,387.34 Crores with an equity price band set at ₹584 to ₹614 per equity share. The retail lot size is 24 shares requiring a minimum capital outlay of approx. ₹14,736.

How can I check Oswal Pumps Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 35.28x (Retail: 3.72x, QIB: 88.55x, NII: 37.91x). You can track live multiples directly on our dedicated subscription page.

Where and when will Oswal Pumps Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2025-06-18. Investors can verify status using PAN card or application number.

When is the listing date for Oswal Pumps Limited IPO?

Oswal Pumps Limited shares are scheduled to list on NSE and BSE on 2025-06-20.