Oswal Pumps IPO

Oswal Pumps IPO

mainboardListed
GMP
₹41
(+6.68%)

IPO Details

Price
₹584.00-614.00
Lot
24 shares
Size
₹1387.34 Cr
Open
13 Jun 2025
Close
17 Jun 2025
Allotment
18 Jun 2025
Listing
20 Jun 2025
Expected
₹655

Objectives

  • •Funding certain capital expenditure of the Company.
  • •Investment in the wholly-owned Subsidiary, Oswal Solar, in the form of debt or equity, for funding the setting up of new manufacturing units at Karnal, Haryana.
  • •Pre-payment/ re-payment, in part or full, of certain outstanding borrowings availed by the Company.
  • •Investment in the wholly-owned Subsidiary, Oswal Solar, in the form of debt or equity, for repayment/prepayment, in part or full, of certain outstanding borrowings availed by Oswal Solar.
  • •General corporate purposes.
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